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Fortescue Ltd

STU:FVJ (Australia)   Ordinary Shares
€ 15.83 (-1.66%) May 29
9.58
P/B:
2.85
Market Cap:
€ 48.23B ($ 54.00B)
Enterprise V:
€ 50.54B ($ 54.57B)
Volume:
1.47K
Avg Vol (2M):
1.50K
Also Trade In:
PE Ratio PS Ratio PB Ratio Price-to-FCF Market Cap
Current and historical daily PE Ratio for Fortescue Ltd ( ) from 1990 to May 29 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Fortescue stock (STU:FVJ) PE ratio as of May 29 2024 is 9.58. More Details

Fortescue Ltd (STU:FVJ) PE Ratio (TTM) Chart

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Fortescue Ltd (STU:FVJ) PE Ratio (TTM) Historical Data

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Fortescue PE Ratio (TTM) Historical Data
Date PE Ratio (TTM) Data Date PE Ratio (TTM) Data
2024-05-30 9.2 2024-03-25 9.0
2024-05-29 9.2 2024-03-22 8.7
2024-05-28 9.4 2024-03-21 8.8
2024-05-27 9.5 2024-03-20 8.7
2024-05-24 9.4 2024-03-19 8.4
2024-05-23 9.5 2024-03-18 8.3
2024-05-22 9.7 2024-03-15 8.4
2024-05-21 9.7 2024-03-14 8.6
2024-05-20 9.8 2024-03-13 8.7
2024-05-17 9.5 2024-03-12 8.7
2024-05-16 9.4 2024-03-11 8.7
2024-05-15 9.2 2024-03-08 9.0
2024-05-14 9.5 2024-03-07 9.2
2024-05-13 9.3 2024-03-06 8.9
2024-05-10 9.4 2024-03-05 8.9
2024-05-09 9.3 2024-03-04 8.8
2024-05-08 9.4 2024-03-01 9.1
2024-05-07 9.6 2024-02-29 9.0
2024-05-06 9.3 2024-02-28 9.0
2024-05-03 9.2 2024-02-27 9.8
2024-05-02 9.0 2024-02-26 9.9
2024-04-30 9.3 2024-02-23 10.0
2024-04-29 9.2 2024-02-22 9.8
2024-04-26 9.1 2024-02-21 9.6
2024-04-25 8.7 2024-02-20 9.9
2024-04-24 8.9 2024-02-19 10.2
2024-04-23 8.6 2024-02-16 10.2
2024-04-22 8.8 2024-02-15 10.0
2024-04-19 8.5 2024-02-14 9.7
2024-04-18 8.8 2024-02-13 9.9
2024-04-17 8.9 2024-02-12 9.9
2024-04-16 8.7 2024-02-09 9.9
2024-04-15 9.2 2024-02-08 9.9
2024-04-12 9.3 2024-02-07 10.1
2024-04-11 9.1 2024-02-06 9.8
2024-04-10 9.3 2024-02-05 10.2
2024-04-09 9.0 2024-02-02 10.5
2024-04-08 8.9 2024-02-01 10.3
2024-04-05 8.8 2024-01-31 10.7
2024-04-04 8.7 2024-01-30 10.5
2024-04-03 9.1 2024-01-29 10.2
2024-04-02 9.0 2024-01-26 10.2
2024-03-28 8.9 2024-01-25 10.1
2024-03-27 8.9 2024-01-24 10.0
2024-03-26 8.8 2024-01-23 9.9

Fortescue Ltd (STU:FVJ) PE Ratio (TTM) Comparison

Company Market Cap(Mil) PE Ratio (TTM)

Business Description

Business Description

Description
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.