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FresnilloMEX:FRES -5.51%84 Forward PE Ratio is 12.14 as of Jul. 17, 2026. GuruFocus rates MEX:FRES with a GF Score™ of 84/100 and a GF Value™ of MXN288.06 (Significantly Overvalued). Among 487 Metals & Mining companies, Fresnillo ranks worse than 52.57% 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 .
Fresnillo Forward PE Ratio Related Terms
Fresnillo Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Fresnillo'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.
Fresnillo Forward PE Ratio Chart
Fresnillo Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
25.13
25.84
30.12
18.83
17.83
17.24
26.11
28.99
9.11
20.41
Fresnillo Semi-Annual Data
2015-12
2016-06
2016-12
2017-06
2017-12
2018-06
2018-12
2019-06
2020-12
2021-06
2021-12
2022-06
2022-12
2023-06
2023-12
2024-06
2024-12
2025-06
2025-12
Forward PE Ratio
25.13
54.05
25.84
42.02
30.12
24.45
18.83
19.65
17.83
17.45
17.24
30.67
26.11
49.02
28.99
27.03
9.11
18.84
20.41
MEX:FRES vs HL: Forward PE Ratio Comparison
For the Other Precious Metals & Mining subindustry, Fresnillo'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.
Fresnillo Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fresnillo's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Fresnillo'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.
Fresnillo (MEX:FRES) has a Forward PE Ratio of 12.14 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 Fresnillo and its competitors. According to the industry distribution chart, Fresnillo ranks #256 out of 487 companies in the Metals & Mining industry, placing it in the top 52.6%.
Is Fresnillo's Forward PE Ratio too high?
Fresnillo's current Forward PE Ratio is 12.14. The Metals & Mining industry median Forward PE Ratio is 10.79. Fresnillo's value of 12.14 is 12.5% above this industry median. Based on the distribution chart, Fresnillo ranks #256 out of 487 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fresnillo has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's Forward PE Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Fresnillo ranks #256 out of 487 companies for Forward PE Ratio. This places Fresnillo in the lower half of its industry. The industry median Forward PE Ratio is 10.79. Fresnillo's value of 12.14 is 12.5% 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. Fresnillo's current Forward PE Ratio of 12.14 is 12.5% 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 Fresnillo 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. Fresnillo's current Forward PE Ratio is 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresnillo stock overvalued right now?
Based on GuruFocus' analysis, Fresnillo (MEX:FRES) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN288.06, compared to a current price of MXN600.01 — trading 108.3% above its estimated fair value. The current Forward PE Ratio is 12.14 and 12.5% above the Metals & Mining industry median of 10.79. Fresnillo's overall GF Score™ is 84/100. 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 Fresnillo (MEX:FRES), the current Forward PE Ratio is 12.14 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.
Is Fresnillo (MEX:FRES) Overvalued in 2026?
Based on GuruFocus' analysis, Fresnillo stock appears to be overvalued.
The current stock price of MXN600.01 is trading 108.3% above its estimated GF Value™ of MXN288.06.
GuruFocus considers Fresnillo to be Significantly Overvalued.
Key valuation signals for MEX:FRES:
Forward PE Ratio: 12.14
GF Value™: MXN288.06 vs. price of MXN600.01 (108.3% above fair value)
Industry Position: 12.5% above the Metals & Mining median (#256 of 487)
No single metric tells the full story. See the MEX:FRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresnillo PLC explores, develops, and produces silver and gold resources mainly in Mexico. The company's reportable segments comprise seven producing mines: the Fresnillo, Saucito, and Juanicipio underground silver mines located in Zacatecas; the Cienega underground silver-gold mine in Durango; the Herradura and Noche Buena surface gold mines in Sonora; and the San Julian underground silver-gold mine situated on the border of Chihuahua and Durango. Its mining operations involve both underground and open-pit mining methods, depending on the characteristics of each deposit.
84GF Score
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