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Mastermyne GroupASX:MYE 32 Forward PE Ratio is 10.30 as of Jul. 21, 2026. GuruFocus rates ASX:MYE with a GF Score™ of 32/100 and a GF Value™ of A$0.13 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 486 Metals & Mining companies, Mastermyne Group ranks better than 51.85% on this metric.
Mastermyne Group (ASX:MYE) 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 .
Mastermyne Group Forward PE Ratio Related Terms
Mastermyne Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Mastermyne Group'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.
Mastermyne Group Forward PE Ratio Chart
Mastermyne Group Annual Data
Trend
Forward PE Ratio
Mastermyne Group Semi-Annual Data
Forward PE Ratio
Mastermyne Group Forward PE Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mastermyne Group'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.
Mastermyne Group Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mastermyne Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mastermyne Group'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.
Mastermyne Group (ASX:MYE) has a Forward PE Ratio of 10.30 as of Jul. 21, 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 Mastermyne Group and its competitors. According to the industry distribution chart, Mastermyne Group ranks #234 out of 486 companies in the Metals & Mining industry, placing it in the top 48.1%.
Is Mastermyne Group's Forward PE Ratio too high?
Mastermyne Group's current Forward PE Ratio is 10.30. The Metals & Mining industry median Forward PE Ratio is 10.76. Mastermyne Group's value of 10.30 is 4.2% below this industry median. Based on the distribution chart, Mastermyne Group ranks #234 out of 486 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mastermyne Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mastermyne Group's Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Mastermyne Group ranks #234 out of 486 companies for Forward PE Ratio. This puts Mastermyne Group in the upper half of its industry. The industry median Forward PE Ratio is 10.76. Mastermyne Group's value of 10.30 is 4.2% 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 10.76, 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. Mastermyne Group's current Forward PE Ratio of 10.30 is 4.2% 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 Mastermyne Group and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mastermyne Group's current Forward PE Ratio is 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mastermyne Group stock overvalued right now?
Based on GuruFocus' analysis, Mastermyne Group (ASX:MYE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.13, compared to a current price of A$0.34 — trading 161.5% above its estimated fair value. The current Forward PE Ratio is 10.30 and 4.2% below the Metals & Mining industry median of 10.76. Mastermyne Group's overall GF Score™ is 32/100 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 Mastermyne Group (ASX:MYE), the current Forward PE Ratio is 10.30 as of Jul. 21, 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 Mastermyne Group (ASX:MYE) Overvalued in 2026?
Based on GuruFocus' analysis, Mastermyne Group stock appears to be overvalued.
The current stock price of A$0.34 is trading 161.5% above its estimated GF Value™ of A$0.13.
GuruFocus considers Mastermyne Group to be Significantly Overvalued.
Key valuation signals for ASX:MYE:
Forward PE Ratio: 10.30
GF Value™: A$0.13 vs. price of A$0.34 (161.5% above fair value)
Industry Position: 4.2% below the Metals & Mining median (#234 of 486)
No single metric tells the full story. See the ASX:MYE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mastermyne Group Ltd provides mine operations, contracting, training and related services in mining and supporting industries across Australia. The company operates in single segment: Mastermyne.
32GF Score
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