Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 20.20 as of Tuesday, August 4, 2026.
Forward PE Ratio (20.20) = Close Price ($77.29) / Consensus Forward EPS ($3.76)
FORWARD PE RATIO
20.20
SECTOR MEDIAN · BASIC MATERIALS
18.95
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+6.60%
vs the sector median at left
Corteva, Inc.
Market Cap
$51.69B
Forward PE Ratio
20.20
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Corteva, Inc. (CTVA) | $51.69B | 20.20 |
| Wheaton Precious Metals Corp. (WPM)vs › | $52.45B | 23.02 |
| Nucor Corporation (NUE)vs › | $62.05B | 15.00 |
| Vale S.A. (VALE)vs › | $63.14B | 7.53 |
| Barrick Mining Corporation (B)vs › | $64.19B | 10.16 |
| Steel Dynamics, Inc. (STLD)vs › | $37.97B | 15.54 |
| Air Products and Chemicals, Inc. (APD)vs › | $65.67B | 21.89 |
| CRH plc (CRH)vs › | $66.02B | 16.61 |
| Vulcan Materials Company (VMC)vs › | $36.76B | 31.09 |
| Martin Marietta Materials, Inc. (MLM)vs › | $33.16B | 29.27 |
Trailing P/E
50.4
reported TTM EPS
Forward P/E
20.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.76 implies +149.0% EPS growth vs the reported trailing $1.51.
At today's $77.29 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 | $3.76 | $3.70 – $3.84 | 10 | 20.5x |
| 2027-12-31 | $4.15 | $3.65 – $4.35 | 5 | 18.6x |
| 2028-12-31 | $4.64 | $4.41 – $4.88 | 2 | 16.7x |
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.
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
