Kinross Gold (BUE:KGC) Forward PE Ratio : 11.16 (As of Dec. 14, 2024)

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What is Kinross Gold Forward PE Ratio?

Kinross Gold's Forward PE Ratio for today is 11.16.

Kinross Gold's PE Ratio without NRI for today is 17.06.

Kinross Gold's PE Ratio (TTM) for today is 17.06.

Kinross Gold Forward PE Ratio Historical Data

The historical data trend for Kinross 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.

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Kinross Gold Forward PE Ratio Chart

Kinross Gold Annual Data

Trend

2020-12

2021-12

2022-12

2023-12

2024-12

Forward PE Ratio

15.11

17.79

35.59

18.12

11.16

Kinross Gold Quarterly Data
	2020-12	2021-03	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03	2024-06	2024-09	2024-12
Forward PE Ratio	15.11	15.85	12.64	17.79	22.37	17.83	20.41	35.59	38.02	27.55	26.04	18.12	22.57	20.49	17.45	11.16

Competitive Comparison of Kinross Gold's Forward PE Ratio

For the Gold subindustry, Kinross 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.

Kinross Gold's Forward PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kinross Gold's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Kinross Gold's Forward PE Ratio falls into.

Kinross Gold Forward PE Ratio Calculation

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.

Kinross Gold (BUE:KGC) 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 .

Kinross Gold Forward PE Ratio Related Terms

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Kinross Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kinross Gold Corp (BUE:KGC) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

KGC:USA KGC:Mexico 0R2D:UK KIN2:Germany KIN2:Germany KIN2:Germany K:Canada

Address

25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5

Website

https://www.kinross.com

Kinross Gold is a Canada-based gold producer, producing roughly 2.2 million gold equivalent ounces in 2023. The company had about a decade of gold reserves at the end of 2023. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.