Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Newmont Corp., historical price multiples (quarterly data)
Based on: 10-K (filing date: 2021-02-18), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-11-05), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-22), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-25), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-20), 10-Q (filing date: 2016-04-20).
Valuation ratio | Description | The company |
---|---|---|
P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Newmont Corp.’s P/E ratio increased from Q2 2020 to Q3 2020 but then slightly decreased from Q3 2020 to Q4 2020. |
P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Newmont Corp.’s P/OP ratio decreased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Newmont Corp.’s P/S ratio decreased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return. | Newmont Corp.’s P/BV ratio decreased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Price to Earnings (P/E)
Newmont Corp., historical P/E calculation (quarterly data)
Based on: 10-K (filing date: 2021-02-18), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-11-05), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-22), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-25), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-20), 10-Q (filing date: 2016-04-20).
1 Data adjusted for splits and stock dividends.
2 Q4 2020 Calculation
EPS
= (Net income (loss) attributable to Newmont stockholdersQ4 2020
+ Net income (loss) attributable to Newmont stockholdersQ3 2020
+ Net income (loss) attributable to Newmont stockholdersQ2 2020
+ Net income (loss) attributable to Newmont stockholdersQ1 2020)
÷ No. shares of common stock outstanding
= (824,000,000 + 839,000,000 + 344,000,000 + 822,000,000)
÷ 800,314,223 = 3.53
3 Closing price as at the filing date of Newmont Corp.’s Quarterly or Annual Report.
4 Q4 2020 Calculation
P/E ratio = Share price ÷ EPS
= 57.36 ÷ 3.53 = 16.23
Valuation ratio | Description | The company |
---|---|---|
P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Newmont Corp.’s P/E ratio increased from Q2 2020 to Q3 2020 but then slightly decreased from Q3 2020 to Q4 2020. |
Price to Operating Profit (P/OP)
Newmont Corp., historical P/OP calculation (quarterly data)
Based on: 10-K (filing date: 2021-02-18), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-11-05), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-22), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-25), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-20), 10-Q (filing date: 2016-04-20).
1 Data adjusted for splits and stock dividends.
2 Q4 2020 Calculation
Operating profit per share
= (Operating income (loss)Q4 2020
+ Operating income (loss)Q3 2020
+ Operating income (loss)Q2 2020
+ Operating income (loss)Q1 2020)
÷ No. shares of common stock outstanding
= (920,000,000 + 998,000,000 + 431,000,000 + 457,000,000)
÷ 800,314,223 = 3.51
3 Closing price as at the filing date of Newmont Corp.’s Quarterly or Annual Report.
4 Q4 2020 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 57.36 ÷ 3.51 = 16.36
Valuation ratio | Description | The company |
---|---|---|
P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Newmont Corp.’s P/OP ratio decreased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Price to Sales (P/S)
Newmont Corp., historical P/S calculation (quarterly data)
Based on: 10-K (filing date: 2021-02-18), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-11-05), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-22), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-25), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-20), 10-Q (filing date: 2016-04-20).
1 Data adjusted for splits and stock dividends.
2 Q4 2020 Calculation
Sales per share
= (SalesQ4 2020
+ SalesQ3 2020
+ SalesQ2 2020
+ SalesQ1 2020)
÷ No. shares of common stock outstanding
= (3,381,000,000 + 3,170,000,000 + 2,365,000,000 + 2,581,000,000)
÷ 800,314,223 = 14.37
3 Closing price as at the filing date of Newmont Corp.’s Quarterly or Annual Report.
4 Q4 2020 Calculation
P/S ratio = Share price ÷ Sales per share
= 57.36 ÷ 14.37 = 3.99
Valuation ratio | Description | The company |
---|---|---|
P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Newmont Corp.’s P/S ratio decreased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Price to Book Value (P/BV)
Newmont Corp., historical P/BV calculation (quarterly data)
Based on: 10-K (filing date: 2021-02-18), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 10-Q (filing date: 2020-05-05), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-11-05), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-22), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-25), 10-Q (filing date: 2017-04-24), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-20), 10-Q (filing date: 2016-04-20).
1 Data adjusted for splits and stock dividends.
2 Q4 2020 Calculation
BVPS = Total Newmont stockholders’ equity ÷ No. shares of common stock outstanding
= 23,008,000,000 ÷ 800,314,223 = 28.75
3 Closing price as at the filing date of Newmont Corp.’s Quarterly or Annual Report.
4 Q4 2020 Calculation
P/BV ratio = Share price ÷ BVPS
= 57.36 ÷ 28.75 = 2.00
Valuation ratio | Description | The company |
---|---|---|
P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return. | Newmont Corp.’s P/BV ratio decreased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |