Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hillgrove ResourcesASX:HGO +1.67% Forward PE Ratio is 8.71 as of Jul. 22, 2026. The stock has 7 warning signs investors should review. Among 486 Metals & Mining companies, Hillgrove Resources ranks better than 60.29% on this metric.
Hillgrove Resources (ASX:HGO) 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 .
Hillgrove Resources Forward PE Ratio Related Terms
Hillgrove Resources Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Hillgrove Resources'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.
Hillgrove Resources Forward PE Ratio Chart
Hillgrove Resources Annual Data
Trend
2023-12
2024-12
2025-12
Forward PE Ratio
9.40
3.25
1.83
Hillgrove Resources Semi-Annual Data
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
9.40
7.50
3.25
4.75
1.83
ASX:HGO vs SCCO, FCX: Forward PE Ratio Comparison
For the Copper subindustry, Hillgrove Resources'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.
Hillgrove Resources Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hillgrove Resources's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Hillgrove Resources'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.
Hillgrove Resources (ASX:HGO) has a Forward PE Ratio of 8.71 as of Jul. 22, 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 Hillgrove Resources and its competitors. According to the industry distribution chart, Hillgrove Resources ranks #193 out of 486 companies in the Metals & Mining industry, placing it in the top 39.7%.
Is Hillgrove Resources' Forward PE Ratio too high?
Hillgrove Resources' current Forward PE Ratio is 8.71. The Metals & Mining industry median Forward PE Ratio is 10.90. Hillgrove Resources' value of 8.71 is 20.1% below this industry median. Based on the distribution chart, Hillgrove Resources ranks #193 out of 486 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Hillgrove Resources' Forward PE Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Hillgrove Resources ranks #193 out of 486 companies for Forward PE Ratio. This puts Hillgrove Resources in the upper half of its industry. The industry median Forward PE Ratio is 10.90. Hillgrove Resources' value of 8.71 is 20.1% below 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 10.90, based on 486 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. Hillgrove Resources's current Forward PE Ratio of 8.71 is 20.1% below 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 Hillgrove Resources and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hillgrove Resources's current Forward PE Ratio is 8.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hillgrove Resources stock overvalued right now?
Hillgrove Resources (ASX:HGO) has a current Forward PE Ratio of 8.71. The current Forward PE Ratio is 8.71 and 20.1% below the Metals & Mining industry median of 10.90. 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 Hillgrove Resources (ASX:HGO), the current Forward PE Ratio is 8.71 as of Jul. 22, 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.
Hillgrove Resources Ltd is a mineral exploration company located in the Adelaide Hills. It has completed open-pit mining at Kanmantoo. The group commenced development of an underground mine and completed the transition to underground copper production. Its Kanmantoo Copper Mine, located in South Australia's Tier 1 mining jurisdiction, has ramped up to an annual copper production rate of approximately 12,000 tonnes. It is also testing the next suite of potential targets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HGO has been successfully added to your 
