Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.46 as of Sunday, August 2, 2026.
Forward PE Ratio (12.46) = Close Price ($69.07) / Consensus Forward EPS ($5.54)
FORWARD PE RATIO
12.46
SECTOR MEDIAN · BASIC MATERIALS
18.30
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-31.89%
vs the sector median at left
Nutrien Ltd.
Market Cap
$33.16B
Forward PE Ratio
12.46
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Nutrien Ltd. (NTR) | $33.16B | 12.46 |
| Martin Marietta Materials, Inc. (MLM)vs › | $31.53B | 27.91 |
| Vulcan Materials Company (VMC)vs › | $34.85B | 29.45 |
| Steel Dynamics, Inc. (STLD)vs › | $36.01B | 15.11 |
| Carpenter Technology Corporation (CRS)vs › | $25.82B | 49.09 |
| PPG Industries, Inc. (PPG)vs › | $24.57B | 14.02 |
| Dow Inc. (DOW)vs › | $21.88B | 12.08 |
| International Paper Company (IP)vs › | $21.62B | 29.04 |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.73B | 17.61 |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.23B | 18.09 |
Trailing P/E
14.1
reported TTM EPS
Forward P/E
12.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.54 implies +12.8% EPS growth vs the reported trailing $4.91.
At today's $69.07 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 | $5.54 | $5.16 – $5.78 | 12 | 12.5x |
| 2027-12-31 | $5.16 | $4.38 – $5.66 | 13 | 13.4x |
| 2028-12-31 | $4.56 | $4.02 – $5.16 | 5 | 15.2x |
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
