Nickel 28 CapitalCONXF -2.91%38 Forward PE Ratio is 42.39 as of Jul. 06, 2026. GuruFocus rates CONXF with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 483 Metals & Mining companies, Nickel 28 Capital ranks worse than 80.12% on this metric.
Nickel 28 Capital (OTCPK:CONXF) 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 28 Capital Forward PE Ratio Related Terms
Nickel 28 Capital Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Nickel 28 Capital'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 28 Capital Forward PE Ratio Chart
Nickel 28 Capital Annual Data
Trend
2022-01
2023-01
Forward PE Ratio
2.28
1.96
Nickel 28 Capital Quarterly Data
2021-06
2022-01
2022-04
2022-07
2023-01
Forward PE Ratio
3.87
2.28
2.05
1.15
1.96
Nickel 28 Capital Forward PE Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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 28 Capital Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Nickel 28 Capital'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 28 Capital (CONXF) has a Forward PE Ratio of 42.39 as of Jul. 06, 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 28 Capital and its competitors. According to the industry distribution chart, Nickel 28 Capital ranks #387 out of 483 companies in the Metals & Mining industry, placing it in the top 80.1%.
Is Nickel 28 Capital's Forward PE Ratio too high?
Nickel 28 Capital's current Forward PE Ratio is 42.39. The Metals & Mining industry median Forward PE Ratio is 11.43. Nickel 28 Capital's value of 42.39 is 270.9% above this industry median. Based on the distribution chart, Nickel 28 Capital ranks #387 out of 483 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nickel 28 Capital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel 28 Capital ranks #387 out of 483 companies for Forward PE Ratio. This places Nickel 28 Capital in the lower half of its industry. The industry median Forward PE Ratio is 11.43. Nickel 28 Capital's value of 42.39 is 270.9% above 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 11.43, based on 483 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 28 Capital's current Forward PE Ratio of 42.39 is 270.9% above 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 28 Capital and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel 28 Capital's current Forward PE Ratio is 42.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current Forward PE Ratio of 42.39. The current Forward PE Ratio is 42.39 and 270.9% above the Metals & Mining industry median of 11.43. Nickel 28 Capital's overall GF Score™ is 38/100 with 1 warning sign 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 28 Capital (CONXF), the current Forward PE Ratio is 42.39 as of Jul. 06, 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.
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
38GF Score
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