What is the price-to-earnings ratio of Newmont?
The price-earnings ratio of Newmont is currently 1.91.
Newmont P/S 2024
Newmont P/S
1.91
Ticker
NEM
ISIN
US6516391066
WKN
853823
As of Nov 27, 2024, Newmont's P/S ratio stood at 1.91, a -36.75% change from the 3.02 P/S ratio recorded in the previous year.
The Newmont P/S history
Newmont Aktienanalyse
What does Newmont do?
Newmont Corporation is a globally active company specializing in resource extraction. The company is headquartered in Denver, Colorado and has been active since 1921. In recent years, the company has aimed to be a global leader in the gold mining industry, focusing on environmentally friendly and sustainable practices. Newmont ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Newmont's P/S Ratio
Newmont's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Newmont's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Newmont's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Newmont’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Newmont stock
How has the price-earnings ratio of Newmont changed compared to last year?
The price-to-earnings ratio of Newmont has increased by -36.75% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Newmont high compared to other companies?
Yes, the price-to-earnings ratio of Newmont is high compared to other companies.
How does an increase in the price-earnings ratio of Newmont affect the company?
An increase in the price-earnings ratio of Newmont would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Newmont affect the company?
A decrease in the price-earnings ratio of Newmont would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Newmont?
Some factors that influence the price-earnings ratio of Newmont are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Newmont pay?
Over the past 12 months, Newmont paid a dividend of 1.6 USD . This corresponds to a dividend yield of about 3.79 %. For the coming 12 months, Newmont is expected to pay a dividend of 1.6 USD.
What is the dividend yield of Newmont?
The current dividend yield of Newmont is 3.79 %.
When does Newmont pay dividends?
Newmont pays a quarterly dividend. This is distributed in the months of April, July, October, December.
How secure is the dividend of Newmont?
Newmont paid dividends every year for the past 25 years.
What is the dividend of Newmont?
For the upcoming 12 months, dividends amounting to 1.6 USD are expected. This corresponds to a dividend yield of 3.79 %.
In which sector is Newmont located?
Newmont is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Newmont kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Newmont from 12/23/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 11/27/2024.
When did Newmont pay the last dividend?
The last dividend was paid out on 12/23/2024.
What was the dividend of Newmont in the year 2023?
In the year 2023, Newmont distributed 2.2 USD as dividends.
In which currency does Newmont pay out the dividend?
The dividends of Newmont are distributed in USD.
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Andere Kennzahlen von Newmont
Our stock analysis for Newmont Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Newmont Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
