GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (NYSE:NEM) » Definitions » Median PS Value

NEM (Newmont) Median PS Value : $44.13 (As of Oct. 31, 2024)


View and export this data going back to 1951. Start your Free Trial

What is Newmont Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Newmont's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $15.35. Newmont's 10-Year median PS Ratio is 2.8749. Therefore, the Median PS Value for today is $44.13.

As of today (2024-10-31), Newmont's share price is $45.44. Newmont's Median PS Value is $44.13. Therefore, Newmont's Price to Median PS Value for today is 1.03.

The historical rank and industry rank for Newmont's Median PS Value or its related term are showing as below:

NEM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.38   Med: 1.05   Max: 1.94
Current: 1.03

During the past 13 years, the highest Price to Median PS Value of Newmont was 1.94. The lowest was 0.38. And the median was 1.05.

NEM's Price-to-Median-PS-Value is ranked worse than
54.21% of 380 companies
in the Metals & Mining industry
Industry Median: 1 vs NEM: 1.03

Newmont Median PS Value Historical Data

The historical data trend for Newmont's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Newmont Median PS Value Chart

Newmont Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.69 37.38 40.02 40.87 39.16

Newmont Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.93 39.16 39.53 41.24 44.13

Competitive Comparison of Newmont's Median PS Value

For the Gold subindustry, Newmont's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Newmont's Price-to-Median-PS-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Newmont's Price-to-Median-PS-Value falls into.



Newmont Median PS Value Calculation

Newmont's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=15.35*2.8749
=44.13

10-Year Median PS Ratio is 2.8749.
Newmont's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.35.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Newmont  (NYSE:NEM) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Newmont's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=45.44/44.13
=1.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Newmont Median PS Value Related Terms

Thank you for viewing the detailed overview of Newmont's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Newmont Business Description

Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
Executives
Thomas Ronald Palmer director, officer: President & CEO 6363 S FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Peter Toth officer: EVP, Strategic Development 7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Joshua Cage officer: Interim Controller and CAO 6900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Robert D Atkinson officer: EVP & COO 6363 S FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Philip Aiken director 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Sally-anne Layman director 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Mark David Ebel officer: Interim Chief Legal Officer 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Natascha Viljoen officer: EVP & COO 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Suzanne P Retallack officer: CSSO 6900 E. LAYTON AVENUE, SUITE 700, DENVER CO 80237
Karyn F. Ovelmen officer: EVP & CFO STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Aaron Puna officer: EVP & CTO 6900 E. LAYTON AVE., SUITE 700, DENVER CO 80237
Mark Casper officer: Acting CTO 7900 E LAYTON AVENUE, SUITE 700, DENVER CO 80237
Nancy Buese officer: EVP & CFO 1515 ARAPAHOE STREET, DENVER CO 80202-2126
Stephen P Gottesfeld officer: EVP and Chief S&EA Officer 6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Bruce R Brook director 6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111