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Ivanhoe MinesIVPAF -1.55%35 Forward PE Ratio is 32.69 as of Jul. 17, 2026. GuruFocus rates IVPAF with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 487 Metals & Mining companies, Ivanhoe Mines ranks worse than 88.3% on this metric.
Ivanhoe Mines's Forward PE Ratio for today is 32.69.
Ivanhoe Mines (OTCPK:IVPAF) 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 .
Ivanhoe Mines Forward PE Ratio Related Terms
Ivanhoe Mines Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Ivanhoe Mines'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.
Ivanhoe Mines Forward PE Ratio Chart
Ivanhoe Mines Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
98.04
27.78
18.80
24.15
19.72
32.84
Ivanhoe Mines Quarterly Data
2020-09
2020-12
2021-03
2021-06
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
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
185.19
98.04
80.00
67.57
26.25
27.78
25.71
18.15
15.13
18.80
21.88
23.98
19.65
24.15
30.67
32.15
19.80
19.72
23.14
35.43
24.55
32.84
19.23
Ivanhoe Mines Forward PE Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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.
Ivanhoe Mines Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ivanhoe Mines's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ivanhoe Mines'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.
Ivanhoe Mines (IVPAF) has a Forward PE Ratio of 32.69 as of Jul. 17, 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 Ivanhoe Mines and its competitors. According to the industry distribution chart, Ivanhoe Mines ranks #430 out of 487 companies in the Metals & Mining industry, placing it in the top 88.3%.
Is Ivanhoe Mines' Forward PE Ratio too high?
Ivanhoe Mines' current Forward PE Ratio is 32.69. The Metals & Mining industry median Forward PE Ratio is 10.79. Ivanhoe Mines' value of 32.69 is 203% above this industry median. Based on the distribution chart, Ivanhoe Mines ranks #430 out of 487 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ivanhoe Mines has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Ivanhoe Mines' Forward PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Ivanhoe Mines ranks #430 out of 487 companies for Forward PE Ratio. This places Ivanhoe Mines in the lower half of its industry. The industry median Forward PE Ratio is 10.79. Ivanhoe Mines' value of 32.69 is 203% 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 10.79, 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. Ivanhoe Mines's current Forward PE Ratio of 32.69 is 203% 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 Ivanhoe Mines and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 10.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ivanhoe Mines's current Forward PE Ratio is 32.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivanhoe Mines stock overvalued right now?
Ivanhoe Mines (IVPAF) has a current Forward PE Ratio of 32.69. The current Forward PE Ratio is 32.69 and 203% above the Metals & Mining industry median of 10.79. Ivanhoe Mines' overall GF Score™ is 35/100 with 5 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 Ivanhoe Mines (IVPAF), the current Forward PE Ratio is 32.69 as of Jul. 17, 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.
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its four principal projects in Southern Africa namely the Kamoa-Kakula Copper Complex, a large, high-grade, stratiform copper deposit, Platreef Project, where the Company discovered thick and high-grade palladium, nickel, platinum, rhodium, copper and gold deposit, The Kipushi Project, a past-producing, high-grade underground zinc-copper-germanium-silverlead mine, The Western Foreland Exploration Project, a group of exploration licences. The Company has four reportable segments, including the Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company's treasury offices.
35GF Score
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