Newmont Corporation CAPE ratio

Newmont Corporation’s CAPE ratio, or Cyclically Adjusted Price-to-Earnings ratio, compares its stock price to its average earnings over the past 10 years, adjusted for inflation. A high CAPE ratio suggests the stock may be overvalued relative to its earnings, while a low ratio could indicate it’s undervalued. For Newmont, fluctuations in gold prices heavily influence its earnings, which can cause its CAPE ratio to move significantly. Investors closely watch this metric as it helps assess whether the stock is priced for long-term growth or short-term volatility.