DRDGoldDRD -1.08%86 Forward PE Ratio is 13.09 as of Jul. 11, 2026. GuruFocus rates DRD with a GF Score™ of 86/100 and a GF Value™ of $22.24 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 485 Metals & Mining companies, DRDGold ranks better than 81.24% on this metric.
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 .
DRDGold Forward PE Ratio Related Terms
DRDGold Forward PE Ratio Historical Data
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The historical data trend for DRDGold'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.
DRDGold Forward PE Ratio Chart
DRDGold Annual Data
Trend
2020-06
2021-06
2022-06
2024-06
2025-06
Forward PE Ratio
39.06
22.83
8.97
8.48
13.82
DRDGold Semi-Annual Data
2019-12
2020-06
2021-06
2022-06
2023-12
2024-06
2024-12
2025-06
Forward PE Ratio
38.91
39.06
22.83
8.97
12.32
8.48
11.46
13.82
DRD vs NEM, AU, RGLD: Forward PE Ratio Comparison
For the Gold subindustry, DRDGold'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.
DRDGold Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DRDGold's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where DRDGold'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.
DRDGold (DRD) has a Forward PE Ratio of 13.09 as of Jul. 11, 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 DRDGold and its competitors. According to the industry distribution chart, DRDGold ranks #91 out of 485 companies in the Metals & Mining industry, placing it in the top 18.8%.
Is DRDGold's Forward PE Ratio too high?
DRDGold's current Forward PE Ratio is 13.09. The Metals & Mining industry median Forward PE Ratio is 11.04. DRDGold's value of 13.09 is 18.6% above this industry median. Based on the distribution chart, DRDGold ranks #91 out of 485 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, DRDGold has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DRDGold's Forward PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DRDGold ranks #91 out of 485 companies for Forward PE Ratio. This places DRDGold in the top 19% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 11.04. DRDGold's value of 13.09 is 18.6% 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 11.04, based on 485 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. DRDGold's current Forward PE Ratio of 13.09 is 18.6% 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 DRDGold and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 11.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DRDGold's current Forward PE Ratio is 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRDGold stock overvalued right now?
Based on GuruFocus' analysis, DRDGold (DRD) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.24, compared to a current price of $21.10 — trading 5.1% below its estimated fair value. The current Forward PE Ratio is 13.09 and 18.6% above the Metals & Mining industry median of 11.04. DRDGold's overall GF Score™ is 86/100 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 DRDGold (DRD), the current Forward PE Ratio is 13.09 as of Jul. 11, 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 DRDGold (DRD) Overvalued in 2026?
Based on GuruFocus' analysis, DRDGold stock appears to be undervalued.
The current stock price of $21.10 is trading 5.1% below its estimated GF Value™ of $22.24.
GuruFocus considers DRDGold to be Modestly Overvalued.
Key valuation signals for DRD:
Forward PE Ratio: 13.09
GF Value™: $22.24 vs. price of $21.10 (5.1% below fair value)
Industry Position: 18.6% above the Metals & Mining median (#91 of 485)
No single metric tells the full story. See the DRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressCnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields, and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.
86GF Score
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