Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 15.71 as of 2026-09-17T16:31:19.481Z.
Consensus retrieved: 2026-09-13T23:29:13.423Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-17T16:31:19.481Z.
Quote observation: 2026-09-17T16:30:18.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d3156060f4cfe38cbb11db8f13abe5649d0a55dff5d9edb7847c28b4ced3fd71
Forward PE Ratio (15.71) = Dated Quote Price ($79.09) / Consensus Forward EPS ($5.03)
FORWARD PE RATIO
15.71
SECTOR MEDIAN · BASIC MATERIALS
17.90
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-12.23%
vs the sector median at left
Nutrien Ltd.
Market Cap
$37.97B
Forward PE Ratio
15.71
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Nutrien Ltd. (NTR) | $37.97B | 15.71 |
| Steel Dynamics, Inc. (STLD)vs › | $35.07B | 14.20 |
| Teck Resources Limited (TECK)vs › | $31.73B | N/A |
| Vulcan Materials Company (VMC)vs › | $31.56B | 26.64 |
| Martin Marietta Materials, Inc. (MLM)vs › | $29.61B | 27.05 |
| AngloGold Ashanti plc (AU)vs › | $51.57B | 11.32 |
| PPG Industries, Inc. (PPG)vs › | $23.55B | 13.40 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.83B | 24.84 |
| Royal Gold, Inc. (RGLD)vs › | $21.36B | 23.97 |
| Dow Inc. (DOW)vs › | $21.35B | 12.06 |
Trailing P/E
16.0
reported TTM EPS
Forward P/E
15.7
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.03 implies +1.8% EPS growth vs the reported trailing $4.94.
At the dated quote price of $79.09, 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 | $5.03 | $4.65 – $5.36 | 12 | 15.7x |
| 2027-12-31 | $4.99 | $4.21 – $5.81 | 13 | 15.9x |
| 2028-12-31 | $4.57 | $3.67 – $5.80 | 5 | 17.3x |
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
