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Argo GoldARBTF Forward PE Ratio is 14.53 as of Jul. 16, 2026. The stock has 3 warning signs investors should review. Among 487 Metals & Mining companies, Argo Gold ranks worse than 64.48% on this metric.
Argo Gold (OTCPK:ARBTF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Argo Gold Forward PE Ratio Related Terms
Argo Gold Forward PE Ratio Historical Data
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The historical data trend for Argo Gold's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Argo Gold Forward PE Ratio Chart
Argo Gold Annual Data
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Argo Gold Quarterly Data
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ARBTF vs NEM, AU: Forward PE Ratio Comparison
For the Gold subindustry, Argo Gold's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Argo Gold Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Argo Gold's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Argo Gold's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Argo Gold (ARBTF) has a Forward PE Ratio of 14.53 as of Jul. 16, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Argo Gold and its competitors. According to the industry distribution chart, Argo Gold ranks #314 out of 487 companies in the Metals & Mining industry, placing it in the top 64.5%.
Is Argo Gold's Forward PE Ratio too high?
Argo Gold's current Forward PE Ratio is 14.53. The Metals & Mining industry median Forward PE Ratio is 10.96. Argo Gold's value of 14.53 is 32.6% above this industry median. Based on the distribution chart, Argo Gold ranks #314 out of 487 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Argo Gold's Forward PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Argo Gold ranks #314 out of 487 companies for Forward PE Ratio. This places Argo Gold in the lower half of its industry. The industry median Forward PE Ratio is 10.96. Argo Gold's value of 14.53 is 32.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 10.96, based on 487 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argo Gold's current Forward PE Ratio of 14.53 is 32.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Argo Gold and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Gold's current Forward PE Ratio is 14.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Gold stock overvalued right now?
Based on GuruFocus' analysis, Argo Gold (ARBTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.06 — trading 16.2% above its estimated fair value. The current Forward PE Ratio is 14.53 and 32.6% above the Metals & Mining industry median of 10.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Argo Gold (ARBTF), the current Forward PE Ratio is 14.53 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Argo Gold Inc is currently engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development resource properties in Western Canada. Its project includes Oil Production in Alberta includes Mining Projects in Ontario, Strategic Metals Northeast Ontario; Uchi Gold Project includes Woco Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone Uchi Gold Project, Northwestern Ontario Gold Projects includes Talbot Lake Gold Project, Angela Lake Gold Project; North East Ontario Strategic Minerals includes Hurdman Zinc-Silver Property (Zn-Ag); Saskatchewan Strategic Metals includes North Saskatchewan Mineral Claims, Saskatchewan Uranium Mineral Claims.
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