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Metro MiningASX:MMI -3.73%51 Forward PE Ratio is 10.92 as of Jul. 16, 2026. GuruFocus rates ASX:MMI with a GF Score™ of 51/100 and a GF Value™ of A$0.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 487 Metals & Mining companies, Metro Mining ranks worse than 51.95% on this metric.
Metro Mining's Forward PE Ratio for today is 10.92.
Metro Mining (ASX:MMI) 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 .
Metro Mining Forward PE Ratio Related Terms
Metro Mining Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Metro Mining'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.
Metro Mining Forward PE Ratio Chart
Metro Mining Annual Data
Trend
2018-06
2019-12
2024-12
2025-12
Forward PE Ratio
12.64
8.29
2.64
4.24
Metro Mining Semi-Annual Data
2018-06
2018-12
2019-12
2024-12
2025-06
2025-12
Forward PE Ratio
12.64
8.68
8.29
2.64
3.88
4.24
Metro Mining Forward PE Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Metro Mining'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.
Metro Mining Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Metro Mining's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Metro Mining'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.
Metro Mining (ASX:MMI) has a Forward PE Ratio of 10.92 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 Metro Mining and its competitors. According to the industry distribution chart, Metro Mining ranks #253 out of 487 companies in the Metals & Mining industry, placing it in the top 52%.
Is Metro Mining's Forward PE Ratio too high?
Metro Mining's current Forward PE Ratio is 10.92. The Metals & Mining industry median Forward PE Ratio is 10.96. Metro Mining's value of 10.92 is 0.4% below this industry median. Based on the distribution chart, Metro Mining ranks #253 out of 487 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Metro Mining has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Mining's Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Metro Mining ranks #253 out of 487 companies for Forward PE Ratio. This places Metro Mining in the lower half of its industry. The industry median Forward PE Ratio is 10.96. Metro Mining's value of 10.92 is 0.4% 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 10.96, 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. Metro Mining's current Forward PE Ratio of 10.92 is 0.4% 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 Metro Mining 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. Metro Mining's current Forward PE Ratio is 10.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Mining stock overvalued right now?
Based on GuruFocus' analysis, Metro Mining (ASX:MMI) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.99, compared to a current price of A$1.42 — trading 43.4% above its estimated fair value. The current Forward PE Ratio is 10.92 and 0.4% below the Metals & Mining industry median of 10.96. Metro Mining's overall GF Score™ is 51/100 with 5 warning signs to review. 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 Metro Mining (ASX:MMI), the current Forward PE Ratio is 10.92 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.
Is Metro Mining (ASX:MMI) Overvalued in 2026?
Based on GuruFocus' analysis, Metro Mining stock appears to be overvalued.
The current stock price of A$1.42 is trading 43.4% above its estimated GF Value™ of A$0.99.
GuruFocus considers Metro Mining to be Significantly Overvalued.
Key valuation signals for ASX:MMI:
Forward PE Ratio: 10.92
GF Value™: A$0.99 vs. price of A$1.42 (43.4% above fair value)
Industry Position: 0.4% below the Metals & Mining median (#253 of 487)
No single metric tells the full story. See the ASX:MMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro Mining Ltd is an Australian exploration and mining company based in Brisbane, Queensland. Its flagship project is the Bauxite Hills Mine. The principal activities of the Group are the exploration, mining, and sale of bauxite, and the brownfield expansion of the Bauxite Hills Mine. The Group's customers are located in one geographic area, China, with all of the revenue from the sales of bauxite derived from that area. The company has one reportable segment, being the production and sale of bauxite from the Group's Bauxite Hills Mine in Queensland.
51GF Score
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