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Newcore GoldNCAUF 29 Forward PE Ratio is 2.41 as of Sep. 22, 2026. GuruFocus rates NCAUF with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 508 Metals & Mining companies, Newcore Gold ranks better than 90.94% on this metric.
Newcore Gold's Forward PE Ratio for today is 2.41.
Newcore Gold (OTCPK:NCAUF) 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 .
Newcore Gold Forward PE Ratio Related Terms
Newcore Gold Forward PE Ratio Historical Data
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The historical data trend for Newcore 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.
Newcore Gold Forward PE Ratio Chart
Newcore Gold Annual Data
Trend
Forward PE Ratio
Newcore Gold Quarterly Data
Forward PE Ratio
NCAUF vs NEM, AU: Forward PE Ratio Comparison
For the Gold subindustry, Newcore 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.
Newcore Gold Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newcore Gold's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Newcore 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.
Newcore Gold (NCAUF) has a Forward PE Ratio of 2.41 as of Sep. 22, 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 Newcore Gold and its competitors. According to the industry distribution chart, Newcore Gold ranks #46 out of 508 companies in the Metals & Mining industry, placing it in the top 9.1%.
Is Newcore Gold's Forward PE Ratio too high?
Newcore Gold's current Forward PE Ratio is 2.41. The Metals & Mining industry median Forward PE Ratio is 10.14. Newcore Gold's value of 2.41 is 76.2% below this industry median. Based on the distribution chart, Newcore Gold ranks #46 out of 508 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Newcore Gold has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Newcore Gold's Forward PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Newcore Gold ranks #46 out of 508 companies for Forward PE Ratio. This places Newcore Gold in the top 9% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 10.14. Newcore Gold's value of 2.41 is 76.2% below 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 10.14, based on 508 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. Newcore Gold's current Forward PE Ratio of 2.41 is 76.2% below 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 Newcore Gold and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 10.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newcore Gold's current Forward PE Ratio is 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newcore Gold stock overvalued right now?
Newcore Gold (NCAUF) has a current Forward PE Ratio of 2.41. The current Forward PE Ratio is 2.41 and 76.2% below the Metals & Mining industry median of 10.14. Newcore Gold's overall GF Score™ is 29/100 with 2 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 Newcore Gold (NCAUF), the current Forward PE Ratio is 2.41 as of Sep. 22, 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.
Newcore Gold Ltd. is a Canadian mineral exploration and development company focused on gold in Ghana, West Africa. Its principal asset is the Enchi Gold Project, located in the Sefwi-Bibiani greenstone belt in southwestern Ghana, where the company is advancing exploration and resource definition across a district-scale land package. Newcore operates as a single reportable segment: the acquisition, exploration, evaluation, and development of mineral resource properties. The company does not generate operating revenue; it funds activities through equity financings and other capital markets transactions, and its value proposition rests on discovering and expanding gold resources. Its shareholders are primarily institutional and retail investors in Canada and internationally, and its common shares trade on the TSX Venture Exchange under the ticker NCAU, with a U.S. listing on the OTCQX.
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