NovaGold Resources Inc. (NG) P/E Ratio History
Historical price-to-earnings valuation from 2012 to 2013
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NG Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, NovaGold Resources Inc. (NG) trades at a price-to-earnings ratio of -32.8x, with a stock price of $8.53 and trailing twelve-month earnings per share of $-0.25.
The current P/E is 136% below its 5-year average of 91.9x. Over the past five years, NG's P/E has ranged from a low of 53.0x to a high of 142.2x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.4x, NG trades at a 240% discount to its sector peers. The sector includes 125 companies with P/E ratios ranging from 2.0x to 144.2x.
Relative to the broader market, NG trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our NG DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
NG P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $94B | 21.2 | 0.63 | +134% | |
| $36B | 15.3 | 1.23 | +158% | |
| $51B | 19.3 | 1.12 | +123% | |
| $7B | 13.2Lowest | 0.49 | +78% | |
| $11B | 15.8 | 0.24Best | -23% | |
| $7B | 17.7 | - | +158% | |
| $126B | 17.7 | 1.38 | +124% | |
| $40B | 32.5 | 0.67 | +79% | |
| $7B | 33.7 | 0.55 | +825%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NG Historical P/E Data (2012–2013)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2013 Q1 | $3.99 | $0.05 | 80.6x | -12% | |
| FY2012 Q4 | Fri Nov 30 2012 00:00:00 GM | $4.44 | $0.08 | 53.0x | -42% |
| FY2012 Q3 | Fri Aug 31 2012 00:00:00 GM | $4.65 | $0.03 | 142.2x | +55% |
Average P/E for displayed period: 91.9x
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Start ComparisonNG — Frequently Asked Questions
Quick answers to the most common questions about buying NG stock.
Is NG stock overvalued or undervalued?
NG trades at -32.8x P/E, below its 5-year average of 91.9x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does NG's valuation compare to peers?
NovaGold Resources Inc. P/E of -32.8x compares to sector median of 23.4x. The discount suggests lower growth expectations or higher risk.
What is NG's PEG ratio?
NG PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2012-2013.