Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 16.01 is 37% below its 5-year average of 25.31, near the low end of its 5-year range (9.44–58.81).
As of Tuesday, September 8, 2026. 4.70% above its 12-month average of 15.29.
PE Ratio (16.01) = Close Price ($128.71) / Diluted TTM EPS ($8.04)
PE RATIO
16.01
PE RATIO AVG TTM
15.29
PE RATIO AVG 3Y
14.08
PE RATIO AVG 5Y
25.31
PE RATIO AVG 10Y
29.92
PE RATIO AVG 15Y
40.61
PE RATIO AVG 20Y
26.68
CURRENT VS TTM AVG
+4.70%
CURRENT VS 3Y AVG
+13.70%
CURRENT VS 5Y AVG
-36.75%
CURRENT VS 10Y AVG
-46.49%
CURRENT VS 15Y AVG
-60.58%
CURRENT VS 20Y AVG
-39.98%
SECTOR MEDIAN · BASIC MATERIALS
23.44
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
-31.70%
vs the sector median at left
Market Cap
$174.59B
PE Ratio
30.54
TTM Avg
31.19
3Y Avg
26.95
5Y Avg
22.67
Market Cap
$87.78B
PE Ratio
25.50
TTM Avg
26.49
3Y Avg
26.49
5Y Avg
28.47
Market Cap
$77.84B
PE Ratio
30.05
TTM Avg
32.49
3Y Avg
33.34
5Y Avg
33.95
Market Cap
$71.19B
PE Ratio
34.39
TTM Avg
47.62
3Y Avg
47.49
5Y Avg
39.36
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $135.62B | 16.01 | 15.29 | 14.08 | 25.31 |
| Freeport-McMoRan Inc. (FCX)vs › | $109.60B | 37.56 | 35.73 | 33.53 | 26.38 |
| Rio Tinto Group (RIO)vs › | $168.58B | 16.88 | 6.63 | 5.29 | 4.28 |
| Southern Copper Corporation (SCCO)vs › | $174.59B | 30.54 | 31.19 | 26.95 | 22.67 |
| Johnson Controls International plc (JCI)vs › | $87.78B | 25.50 | 26.49 | 26.49 | 28.47 |
| The Sherwin-Williams Company (SHW)vs › | $77.84B | 30.05 | 32.49 | 33.34 | 33.95 |
| Ecolab Inc. (ECL)vs › | $76.61B | 37.33 | 37.52 | 39.30 | 41.75 |
| Barrick Mining Corporation (B)vs › | $74.71B | 11.28 | 14.32 | 73.33 | 63.74 |
| Wheaton Precious Metals Corp. (WPM)vs › | $71.19B | 34.39 | 47.62 | 47.49 | 39.36 |
| Vale S.A. (VALE)vs › | $65.84B | 32.42 | 16.98 | 9.56 | 7.31 |
At 16.0, P/E is below its 20-year median — higher than 30% of readings in its 20-year history.
20-year low
8.1
median
22.9
20-year high
764.3
Trailing P/E
16.0
Forward P/E
13.4
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$128.71
Forward EPS (Est.)
$9.49
Forward P/E
13.40
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-08 | 16.01 |
| 2026-09-04 | 16.13 |
| 2026-09-03 | 16.43 |
| 2026-09-02 | 15.76 |
| 2026-09-01 | 15.44 |
| 2026-08-31 | 15.88 |
| 2026-08-28 | 16.12 |
| 2026-08-27 | 16.66 |
| 2026-08-26 | 16.57 |
| 2026-08-25 | 17.02 |
| 2026-08-24 | 16.60 |
| 2026-08-21 | 16.57 |
| 2026-08-20 | 16.08 |
| 2026-08-19 | 15.75 |
| 2026-08-18 | 14.61 |
| 2026-08-17 | 15.15 |
| 2026-08-14 | 14.83 |
| 2026-08-13 | 14.38 |
| 2026-08-12 | 14.84 |
| 2026-08-11 | 14.76 |
| 2026-08-10 | 14.77 |
| 2026-08-07 | 14.23 |
| 2026-08-06 | 13.28 |
| 2026-08-05 | 13.13 |
| 2026-08-04 | 12.31 |
| 2026-08-03 | 12.01 |
| 2026-07-31 | 11.80 |
| 2026-07-30 | 12.06 |
| 2026-07-29 | 11.50 |
| 2026-07-28 | 11.53 |
| 2026-07-27 | 11.77 |
| 2026-07-24 | 11.74 |
| 2026-07-23 | 11.93 |
| 2026-07-22 | 12.39 |
| 2026-07-21 | 11.97 |
| 2026-07-20 | 11.54 |
| 2026-07-17 | 11.60 |
| 2026-07-16 | 11.75 |
| 2026-07-15 | 12.32 |
| 2026-07-14 | 12.26 |
| 2026-07-13 | 12.04 |
| 2026-07-10 | 12.33 |
| 2026-07-09 | 12.27 |
| 2026-07-08 | 12.06 |
| 2026-07-07 | 12.30 |
| 2026-07-06 | 12.70 |
| 2026-07-02 | 12.55 |
| 2026-07-01 | 12.07 |
| 2026-06-30 | 12.08 |
| 2026-06-29 | 12.23 |
| 2026-06-26 | 12.44 |
| 2026-06-25 | 12.34 |
| 2026-06-24 | 12.17 |
| 2026-06-23 | 12.66 |
| 2026-06-22 | 13.17 |
| 2026-06-18 | 13.43 |
| 2026-06-17 | 13.67 |
| 2026-06-16 | 14.03 |
| 2026-06-15 | 13.69 |
| 2026-06-12 | 12.97 |
| 2026-06-11 | 12.62 |
| 2026-06-10 | 12.00 |
| 2026-06-09 | 12.75 |
| 2026-06-08 | 12.81 |
| 2026-06-05 | 12.90 |
| 2026-06-04 | 14.01 |
| 2026-06-03 | 13.90 |
| 2026-06-02 | 14.17 |
| 2026-06-01 | 14.00 |
| 2026-05-29 | 14.21 |
| 2026-05-28 | 14.00 |
| 2026-05-27 | 13.87 |
| 2026-05-26 | 14.44 |
| 2026-05-22 | 13.92 |
| 2026-05-21 | 14.01 |
| 2026-05-20 | 13.89 |
| 2026-05-19 | 13.60 |
| 2026-05-18 | 14.21 |
| 2026-05-15 | 14.11 |
| 2026-05-14 | 15.05 |
| 2026-05-13 | 15.39 |
| 2026-05-12 | 15.48 |
| 2026-05-11 | 15.61 |
| 2026-05-08 | 15.07 |
| 2026-05-07 | 14.68 |
| 2026-05-06 | 14.89 |
| 2026-05-05 | 14.10 |
| 2026-05-04 | 14.01 |
| 2026-05-01 | 14.05 |
| 2026-04-30 | 14.37 |
| 2026-04-29 | 13.92 |
| 2026-04-28 | 14.22 |
| 2026-04-27 | 15.02 |
| 2026-04-24 | 15.61 |
| 2026-04-23 | 14.37 |
| 2026-04-22 | 17.45 |
| 2026-04-21 | 17.05 |
| 2026-04-20 | 17.92 |
| 2026-04-17 | 18.17 |
| 2026-04-16 | 17.69 |
| 2026-04-15 | 17.63 |
| 2026-04-14 | 18.61 |
| 2026-04-13 | 18.17 |
| 2026-04-10 | 18.86 |
| 2026-04-09 | 18.57 |
| 2026-04-08 | 18.43 |
| 2026-04-07 | 17.89 |
| 2026-04-06 | 17.60 |
| 2026-04-02 | 17.79 |
| 2026-04-01 | 17.75 |
| 2026-03-31 | 16.89 |
| 2026-03-30 | 16.09 |
| 2026-03-27 | 15.93 |
| 2026-03-26 | 15.50 |
| 2026-03-25 | 15.84 |
| 2026-03-24 | 15.45 |
| 2026-03-23 | 15.30 |
| 2026-03-20 | 14.95 |
| 2026-03-19 | 15.48 |
| 2026-03-18 | 16.62 |
| 2026-03-17 | 17.32 |
| 2026-03-16 | 17.19 |
| 2026-03-13 | 17.10 |
| 2026-03-12 | 17.86 |
| 2026-03-11 | 18.13 |
| 2026-03-10 | 18.55 |
| 2026-03-09 | 18.25 |
| 2026-03-06 | 18.14 |
| 2026-03-05 | 18.11 |
| 2026-03-04 | 18.62 |
| 2026-03-03 | 18.49 |
| 2026-03-02 | 20.08 |
| 2026-02-27 | 20.28 |
| 2026-02-26 | 19.89 |
| 2026-02-25 | 19.48 |
| 2026-02-24 | 19.36 |
| 2026-02-23 | 19.38 |
| 2026-02-20 | 19.05 |
| 2026-02-19 | 19.56 |
| 2026-02-18 | 19.36 |
| 2026-02-17 | 18.99 |
| 2026-02-13 | 19.53 |
| 2026-02-12 | 18.34 |
| 2026-02-11 | 19.35 |
| 2026-02-10 | 18.87 |
| 2026-02-09 | 18.75 |
| 2026-02-06 | 17.91 |
| 2026-02-05 | 16.85 |
| 2026-02-04 | 18.14 |
| 2026-02-03 | 18.19 |
| 2026-02-02 | 17.52 |
| 2026-01-30 | 17.45 |
| 2026-01-29 | 19.71 |
| 2026-01-28 | 20.49 |
| 2026-01-27 | 19.72 |
| 2026-01-26 | 19.55 |
| 2026-01-23 | 19.30 |
| 2026-01-22 | 18.90 |
| 2026-01-21 | 18.46 |
| 2026-01-20 | 18.47 |
| 2026-01-16 | 17.72 |
| 2026-01-15 | 17.73 |
| 2026-01-14 | 17.73 |
| 2026-01-13 | 17.80 |
| 2026-01-12 | 17.54 |
| 2026-01-09 | 16.92 |
| 2026-01-08 | 16.60 |
| 2026-01-07 | 16.77 |
| 2026-01-06 | 16.96 |
| 2026-01-05 | 16.08 |
| 2026-01-02 | 15.72 |
| 2025-12-31 | 15.50 |
| 2025-12-30 | 15.82 |
| 2025-12-29 | 15.50 |
| 2025-12-26 | 16.43 |
| 2025-12-24 | 16.26 |
| 2025-12-23 | 16.34 |
| 2025-12-22 | 16.29 |
| 2025-12-19 | 15.73 |
| 2025-12-18 | 15.43 |
| 2025-12-17 | 15.44 |
| 2025-12-16 | 15.22 |
| 2025-12-15 | 15.48 |
| 2025-12-12 | 15.24 |
| 2025-12-11 | 15.44 |
| 2025-12-10 | 14.66 |
| 2025-12-09 | 14.61 |
| 2025-12-08 | 13.82 |
| 2025-12-05 | 13.94 |
| 2025-12-04 | 14.09 |
| 2025-12-03 | 13.92 |
| 2025-12-02 | 14.05 |
| 2025-12-01 | 14.26 |
| 2025-11-28 | 14.09 |
| 2025-11-26 | 14.06 |
| 2025-11-25 | 13.40 |
| 2025-11-24 | 13.44 |
| 2025-11-21 | 12.96 |
| 2025-11-20 | 12.73 |
| 2025-11-19 | 13.59 |
| 2025-11-18 | 13.45 |
| 2025-11-17 | 13.52 |
| 2025-11-14 | 13.63 |
| 2025-11-13 | 13.93 |
| 2025-11-12 | 14.45 |
| 2025-11-11 | 13.97 |
| 2025-11-10 | 13.70 |
| 2025-11-07 | 12.95 |
| 2025-11-06 | 12.82 |
| 2025-11-05 | 12.68 |
| 2025-11-04 | 12.25 |
| 2025-11-03 | 12.67 |
| 2025-10-31 | 12.57 |
| 2025-10-30 | 12.78 |
| 2025-10-29 | 12.37 |
| 2025-10-28 | 12.32 |
| 2025-10-27 | 12.21 |
| 2025-10-24 | 12.95 |
| 2025-10-23 | 13.81 |
| 2025-10-22 | 15.62 |
| 2025-10-21 | 15.50 |
| 2025-10-20 | 17.04 |
| 2025-10-17 | 16.30 |
| 2025-10-16 | 17.64 |
| 2025-10-15 | 16.80 |
| 2025-10-14 | 16.25 |
| 2025-10-13 | 16.05 |
| 2025-10-10 | 15.29 |
| 2025-10-09 | 15.30 |
| 2025-10-08 | 15.87 |
| 2025-10-07 | 15.61 |
| 2025-10-06 | 15.89 |
| 2025-10-03 | 15.59 |
| 2025-10-02 | 15.52 |
| 2025-10-01 | 15.43 |
| 2025-09-30 | 15.14 |
| 2025-09-29 | 15.18 |
| 2025-09-26 | 15.31 |
| 2025-09-25 | 15.02 |
| 2025-09-24 | 14.99 |
| 2025-09-23 | 15.20 |
| 2025-09-22 | 15.03 |
| 2025-09-19 | 14.67 |
| 2025-09-18 | 14.06 |
| 2025-09-17 | 14.13 |
| 2025-09-16 | 14.19 |
| 2025-09-15 | 14.25 |
| 2025-09-12 | 14.23 |
| 2025-09-11 | 14.30 |
| 2025-09-10 | 14.08 |
| 2025-09-09 | 13.63 |
| 2025-09-08 | 13.60 |
| 2025-09-05 | 13.68 |
| 2025-09-04 | 13.44 |
| 2025-09-03 | 13.54 |
| 2025-09-02 | 13.62 |
| 2025-08-29 | 13.36 |
| 2025-08-28 | 13.10 |
| 2025-08-27 | 13.00 |
| 2025-08-26 | 13.00 |
Showing the most recent 260 of 3,590 data points. The chart above shows the full history.