Patagonia GoldHGLD +3.90%29 Forward PE Ratio is 0.00 as of Jul. 13, 2026. GuruFocus rates HGLD with a GF Score™ of 29/100 and a GF Value™ of $0.03 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 485 Metals & Mining companies, Patagonia Gold ranks worse than 206185.36% on this metric.
Patagonia Gold (OTCPK:HGLD) 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 .
Patagonia Gold Forward PE Ratio Related Terms
Patagonia Gold Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Patagonia 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.
Patagonia Gold Forward PE Ratio Chart
Patagonia Gold Annual Data
Trend
Forward PE Ratio
Patagonia Gold Quarterly Data
Forward PE Ratio
HGLD vs HL: Forward PE Ratio Comparison
For the Other Precious Metals & Mining subindustry, Patagonia 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.
Patagonia Gold Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Patagonia Gold's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Patagonia Gold'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.
Patagonia Gold (HGLD) has a Forward PE Ratio of 0.00 as of Jul. 13, 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 Patagonia Gold and its competitors. According to the industry distribution chart, Patagonia Gold ranks #999999 out of 485 companies in the Metals & Mining industry.
Is Patagonia Gold's Forward PE Ratio too high?
Patagonia Gold's current Forward PE Ratio is 0.00. Based on the distribution chart, Patagonia Gold ranks #999999 out of 485 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Patagonia Gold has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patagonia Gold's Forward PE Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Patagonia Gold ranks #999999 out of 485 companies for Forward PE Ratio. This places Patagonia Gold in the lower half of its industry. The industry median Forward PE Ratio is 11.09. 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 11.09, 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. 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 Patagonia Gold and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 11.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patagonia Gold's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patagonia Gold stock overvalued right now?
Based on GuruFocus' analysis, Patagonia Gold (HGLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.40 — trading 1233.3% above its estimated fair value. The current Forward PE Ratio is 0.00. Patagonia Gold's overall GF Score™ is 29/100 with 7 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 Patagonia Gold (HGLD), the current Forward PE Ratio is 0.00 as of Jul. 13, 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 Patagonia Gold (HGLD) Overvalued in 2026?
Based on GuruFocus' analysis, Patagonia Gold stock appears to be overvalued.
The current stock price of $0.40 is trading 1233.3% above its estimated GF Value™ of $0.03.
GuruFocus considers Patagonia Gold to be Significantly Overvalued.
Key valuation signals for HGLD:
Forward PE Ratio: 0.00
GF Value™: $0.03 vs. price of $0.40 (1233.3% above fair value)
No single metric tells the full story. See the HGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patagonia Gold Corp is a Canada-based mineral exploration company. The firm is engaged in the exploration, development, and production of gold and silver projects in the southern Patagonia region of Argentina and Chile. It also holds interests in mineral exploration companies, which are involved in the identification, acquisition, development, and exploitation of mineral projects. Some of its projects include the Calcatreu, Cap-Oeste, El Tranquilo, La Josefina, La Manchuria and others.
29GF Score
Get the complete analysis for HGLD
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HGLD has been successfully added to your 