New Gold Inc. (NGD) P/E Ratio History
Historical price-to-earnings valuation from 2010 to 2025
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NGD Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, New Gold Inc. (NGD) trades at a price-to-earnings ratio of 64.9x, with a stock price of $9.08 and trailing twelve-month earnings per share of $0.31.
The current P/E is 23% below its 5-year average of 84.2x. Over the past five years, NGD's P/E has ranged from a low of 6.0x to a high of 833.3x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 22.3x, NGD trades at a 191% premium to its sector peers. The sector includes 123 companies with P/E ratios ranging from 2.0x to 166.2x.
Relative to the broader market, NGD commands a significant premium over 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 NGD 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.
NGD P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $6B | 11.7Lowest | 0.43 | +78% | |
| $11B | 19.0 | 0.36 | +500% | |
| $11B | 34.8 | - | +766%Best | |
| $21B | 19.4 | 0.77 | +742% | |
| $10B | 14.0 | 0.21Best | -23% | |
| $121B | 17.0 | 1.33 | +124% | |
| $89B | 20.1 | 0.60 | +134% | |
| $35B | 14.5 | 1.17 | +158% | |
| $37B | 30.3 | 0.62 | +79% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NGD Historical P/E Data (2010–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | $7.18 | $0.32 | 22.8x | -66% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $4.95 | $0.18 | 27.1x | -60% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $3.71 | $0.17 | 22.2x | -67% |
| FY2024 Q4 | $2.48 | $0.13 | 19.8x | -71% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $2.88 | $0.02 | 185.8x | +175% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $0.88 | $0.15 | 6.0x | -91% |
| FY2022 Q2 | $1.07 | $0.14 | 7.8x | -88% | |
| FY2022 Q1 | $1.80 | $0.17 | 10.7x | -84% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $1.50 | $0.20 | 7.5x | -89% |
| FY2017 Q3 | Sat Sep 30 2017 00:00:00 GM | $3.71 | $0.12 | 30.6x | -55% |
| FY2017 Q2 | Fri Jun 30 2017 00:00:00 GM | $3.18 | $0.08 | 39.1x | -42% |
| FY2017 Q1 | Fri Mar 31 2017 00:00:00 GM | $2.98 | $0.02 | 123.1x | +82% |
Average P/E for displayed period: 67.6x
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Start ComparisonNGD — Frequently Asked Questions
Quick answers to the most common questions about buying NGD stock.
Is NGD stock overvalued or undervalued?
NGD trades at 64.9x P/E, below its 5-year average of 84.2x. At the 80th percentile of historical range, the stock is priced at a discount to its own history.
How does NGD's valuation compare to peers?
New Gold Inc. P/E of 64.9x compares to sector median of 22.3x. The premium reflects expected growth above peers.
What is NGD's PEG ratio?
NGD PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2010-2025.