Forward PE Ratio: 302.32
The forward PE ratio is 302.32 as of Thursday, July 9, 2026.
Forward PE Ratio (302.32) = Close Price ($51.71) / Consensus Forward EPS ($0.18)
MP Forward PE Ratio Metrics
FORWARD PE RATIO
302.32
MP Competitors' Forward PE Ratio
MP Materials Corp.
Market Cap
$9.21B
Forward PE Ratio
302.32
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| MP Materials Corp. (MP) | $9.21B | 302.32 |
| First Majestic Silver Corp. (AG)vs › | $8.47B | 17.89 |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.97B | 22.92 |
| Builders FirstSource, Inc. (BLDR)vs › | $8.02B | 17.36 |
| The Mosaic Company (MOS)vs › | $6.60B | 25.60 |
| United States Steel Corporation (X)vs › | $12.42B | N/A |
| Alcoa Corporation (AA)vs › | $12.86B | 6.49 |
| RPM International Inc. (RPM)vs › | $13.19B | 18.82 |
| Albemarle Corporation (ALB)vs › | $15.15B | 10.32 |
| Weyerhaeuser Company (WY)vs › | $16.22B | 66.75 |
Trailing vs Forward
Trailing P/E
N/A
reported TTM EPS
Forward P/E
302.3
consensus next-FY EPS
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $51.71 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $0.18 | $-0.22 – $0.54 | 9 | 295.0x |
| 2027-12-31 | $1.00 | $0.55 – $1.34 | 10 | 51.6x |
| 2028-12-31 | $1.52 | $0.83 – $2.35 | 9 | 34.0x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for MP Materials Corp. (MP)?
- The forward PE ratio for MP stock is 302.32.
Related Metrics
About MP Materials Corp.
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
- Sector
- Basic Materials
- Industry
- Industrial Materials
- CEO
- James Henry Litinsky