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As of today (2024-10-31), Newmont's share price is $45.44. Newmont's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $23.59. Hence, Newmont's Price to Tangible Book Ratio of today is 1.93.
The historical rank and industry rank for Newmont's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Newmont's highest Price to Tangible Book Ratio was 3.37. The lowest was 0.75. And the median was 1.84.
A closely related ratio is called PB Ratio. As of today, Newmont's share price is $45.44. Newmont's Book Value per Sharefor the quarter that ended in Sep. 2024 was $25.97. Hence, Newmont's P/B Ratio of today is 1.75.
The historical data trend for Newmont's Price-to-Tangible-Book 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.
Newmont Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.87 | 2.37 | 2.55 | 2.15 | 1.83 |
Newmont Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.72 | 1.83 | 1.58 | 1.81 | 2.27 |
For the Gold subindustry, Newmont's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
For the Metals & Mining industry and Basic Materials sector, Newmont's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Newmont's Price-to-Tangible-Book falls into.
Newmont's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Sep. 2024 ) |
= | 45.44 | / | 23.594 | |
= | 1.93 |
* 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.
It can also be calculated from the numbers for the whole company:
Price to Tangible Book | = | Market Cap | / | Tangible Equity | ||||
= | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) |
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Thank you for viewing the detailed overview of Newmont's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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