In the current session, the stock is trading at $104.78, after a 1.21% spike. Over the past month, Newmont Inc. (NYSE:NEM) stock increased by 15.17%, and in the past year, by 176.92%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.How Does Newmont P/E Compare to Other Companies?The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to ...