Valuation check: NEM.AX's PEG ratio is -31.08, below the Materials sector average of 25.95.
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+ Follow-31.08
The PEG ratio measures a stock's valuation relative to its earnings growth rate. A PEG ratio below 1.0 may indicate that the stock is undervalued relative to its growth potential.
Newmont (NEM.AX) currently reports a PEG ratio of -31.08. That is below the Materials sector average of 25.95. Use the charts on this page to explore Newmont's PEG ratio history and peer comparisons.
Newmont's PEG ratio of -31.08 is lower than the Materials sector average of 25.95. That is roughly 219.7% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The PEG ratio is a valuation multiple that relates Newmont's market price to a fundamental measure such as earnings, sales, or book value. At -31.08, NEM.AX can look expensive or cheap only in context — versus its own history, growth rate, and Materials peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current PEG ratio of -31.08, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is 25.95. From there, open related valuation or income-statement pages for Newmont, and consider following NEM.AX for alerts when major investors trade the stock.
Newmont is classified in the Materials sector. On PEG ratio, it currently shows -31.08 versus a sector average near 25.95. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Materials are usually more informative than comparing NEM.AX with unrelated industries.