Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 23.02 as of Tuesday, August 4, 2026.
Forward PE Ratio (23.02) = Close Price ($115.41) / Consensus Forward EPS ($4.86)
FORWARD PE RATIO
23.02
SECTOR MEDIAN · BASIC MATERIALS
18.95
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+21.48%
vs the sector median at left
Wheaton Precious Metals Corp.
Market Cap
$52.41B
Forward PE Ratio
23.02
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Wheaton Precious Metals Corp. (WPM) | $52.41B | 23.02 |
| Corteva, Inc. (CTVA)vs › | $52.38B | 20.20 |
| Nucor Corporation (NUE)vs › | $62.41B | 15.00 |
| Vale S.A. (VALE)vs › | $63.24B | 7.53 |
| Barrick Mining Corporation (B)vs › | $64.02B | 10.16 |
| Air Products and Chemicals, Inc. (APD)vs › | $65.63B | 21.89 |
| CRH plc (CRH)vs › | $66.04B | 16.65 |
| Steel Dynamics, Inc. (STLD)vs › | $38.00B | 15.54 |
| Vulcan Materials Company (VMC)vs › | $36.99B | 31.09 |
| Martin Marietta Materials, Inc. (MLM)vs › | $33.39B | 29.27 |
Trailing P/E
28.3
reported TTM EPS
Forward P/E
23.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.86 implies +22.7% EPS growth vs the reported trailing $3.96.
At today's $115.41 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 | $4.86 | $4.18 – $5.36 | 11 | 23.8x |
| 2027-12-31 | $5.35 | $3.78 – $6.72 | 11 | 21.6x |
| 2028-12-31 | $5.57 | $4.89 – $6.53 | 4 | 20.7x |
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