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Thungela ResourcesTNGRF 76 Forward PE Ratio is 6.05 as of Jul. 22, 2026. GuruFocus rates TNGRF with a GF Score™ of 76/100 and a GF Value™ of $7.04 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 65 Other Energy Sources companies, Thungela Resources ranks better than 81.54% on this metric.
Thungela Resources (OTCPK:TNGRF) 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 .
Thungela Resources Forward PE Ratio Related Terms
Thungela Resources Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Thungela Resources'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.
Thungela Resources Forward PE Ratio Chart
Thungela Resources Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
4.83
5.92
Thungela Resources Semi-Annual Data
2024-12
2025-06
2025-12
Forward PE Ratio
4.83
6.92
5.92
TNGRF vs CNR: Forward PE Ratio Comparison
For the Thermal Coal subindustry, Thungela Resources'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.
Thungela Resources Forward PE Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Thungela Resources's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Thungela Resources'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.
Thungela Resources (TNGRF) has a Forward PE Ratio of 6.05 as of Jul. 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 Thungela Resources and its competitors. According to the industry distribution chart, Thungela Resources ranks #12 out of 65 companies in the Other Energy Sources industry, placing it in the top 18.5%.
Is Thungela Resources' Forward PE Ratio too high?
Thungela Resources' current Forward PE Ratio is 6.05. The Other Energy Sources industry median Forward PE Ratio is 12.46. Thungela Resources' value of 6.05 is 51.4% below this industry median. Based on the distribution chart, Thungela Resources ranks #12 out of 65 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Thungela Resources has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thungela Resources' Forward PE Ratio compare to CNR?
According to the Other Energy Sources industry distribution chart, Thungela Resources ranks #12 out of 65 companies for Forward PE Ratio. This places Thungela Resources in the top 19% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 12.46. Thungela Resources' value of 6.05 is 51.4% 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 an Other Energy Sources company?
The median Forward PE Ratio among Other Energy Sources companies is 12.46, based on 65 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. Thungela Resources's current Forward PE Ratio of 6.05 is 51.4% 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 Thungela Resources and its competitors. For the Other Energy Sources industry, the median Forward PE Ratio is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thungela Resources's current Forward PE Ratio is 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thungela Resources stock overvalued right now?
Based on GuruFocus' analysis, Thungela Resources (TNGRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.04, compared to a current price of $6.10 — trading 13.4% below its estimated fair value. The current Forward PE Ratio is 6.05 and 51.4% below the Other Energy Sources industry median of 12.46. Thungela Resources' overall GF Score™ is 76/100 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 Thungela Resources (TNGRF), the current Forward PE Ratio is 6.05 as of Jul. 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.
Is Thungela Resources (TNGRF) Overvalued in 2026?
Based on GuruFocus' analysis, Thungela Resources stock appears to be undervalued.
The current stock price of $6.10 is trading 13.4% below its estimated GF Value™ of $7.04.
GuruFocus considers Thungela Resources to be Modestly Undervalued.
Key valuation signals for TNGRF:
Forward PE Ratio: 6.05
GF Value™: $7.04 vs. price of $6.10 (13.4% below fair value)
Industry Position: 51.4% below the Other Energy Sources median (#12 of 65)
No single metric tells the full story. See the TNGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal with operations in South Africa and Australia. The group focuses on high-quality coal reserves and marketable production, positioning as a key player in the energy market by delivering coal through world-class ports, and powering nations. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. Its operational segments are Opencast, Underground, and Services.
76GF Score
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