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Nickel Industries (ASX:NIC) 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 .
Nickel Industries Forward PE Ratio Related Terms
Nickel Industries Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Nickel Industries'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.
Nickel Industries Forward PE Ratio Chart
Nickel Industries Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
13.95
10.81
12.63
9.29
11.58
9.31
Nickel Industries Semi-Annual Data
2019-12
2020-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
6.70
3.47
13.95
10.92
10.81
8.21
12.63
10.50
9.29
10.63
11.58
13.85
9.31
Nickel Industries Forward PE Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.
Nickel Industries Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Nickel Industries'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.
Nickel Industries (ASX:NIC) has a Forward PE Ratio of 10.12 as of Jul. 19, 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 Nickel Industries and its competitors. According to the industry distribution chart, Nickel Industries ranks #237 out of 487 companies in the Metals & Mining industry, placing it in the top 48.7%.
Is Nickel Industries' Forward PE Ratio too high?
Nickel Industries' current Forward PE Ratio is 10.12. The Metals & Mining industry median Forward PE Ratio is 10.43. Nickel Industries' value of 10.12 is 3% below this industry median. Based on the distribution chart, Nickel Industries ranks #237 out of 487 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nickel Industries has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Industries ranks #237 out of 487 companies for Forward PE Ratio. This puts Nickel Industries in the upper half of its industry. The industry median Forward PE Ratio is 10.43. Nickel Industries' value of 10.12 is 3% 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 10.43, 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. Nickel Industries's current Forward PE Ratio of 10.12 is 3% 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 Nickel Industries and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 10.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Industries's current Forward PE Ratio is 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.71, compared to a current price of A$0.85 — trading 19.7% above its estimated fair value. The current Forward PE Ratio is 10.12 and 3% below the Metals & Mining industry median of 10.43. Nickel Industries' overall GF Score™ is 59/100 with 10 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 Nickel Industries (ASX:NIC), the current Forward PE Ratio is 10.12 as of Jul. 19, 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 Nickel Industries (ASX:NIC) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued.
The current stock price of A$0.85 is trading 19.7% above its estimated GF Value™ of A$0.71.
GuruFocus considers Nickel Industries to be Modestly Overvalued.
Key valuation signals for ASX:NIC:
Forward PE Ratio: 10.12
GF Value™: A$0.71 vs. price of A$0.85 (19.7% above fair value)
Industry Position: 3% below the Metals & Mining median (#237 of 487)
No single metric tells the full story. See the ASX:NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
59GF Score
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