Is Newmont Corporation (NEM) Undervalued?
Based on the current stock price of $105.78 and a P/E ratio of 16.45,Newmont Corporation has a PEG ratio of 0.20.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 0.20, NEM appears to be potentially undervalued relative to its growth rate of 80.97%.
Based on a PEG ratio of 0.20 (adjusted for dividends).
Compare NEM vs Competitors
Use the calculator below to see how NEM stacks up against other stocks in the same industry.
How we analyzed NEM
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 16.45and dividing it by the annual growth rate of 80.97%.
PEG = 16.45 (P/E) ÷ 80.97 (Growth) = 0.20
Frequently Asked Questions about NEM
What is the current PEG Ratio for Newmont Corporation (NEM)?+
The current PEG Ratio for Newmont Corporation is 0.20. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is NEM stock undervalued right now?+
Based on the PEG ratio of 0.20, Newmont Corporation appears to be potentially undervalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for NEM?+
The PEGY ratio for Newmont Corporation is 0.20. This metric accounts for dividend yield (0.95%), providing a more complete valuation picture.