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Anglogold Ashanti (XGHA:AGA) 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 .
Anglogold Ashanti Forward PE Ratio Related Terms
Anglogold Ashanti Forward PE Ratio Historical Data
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The historical data trend for Anglogold Ashanti'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.
Anglogold Ashanti Forward PE Ratio Chart
Anglogold Ashanti Annual Data
Trend
2019-12
2024-12
2025-12
Forward PE Ratio
2.83
0.68
0.46
Anglogold Ashanti Quarterly Data
2018-06
2019-12
2022-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
20.88
2.83
4.90
0.68
0.59
0.63
0.47
0.46
0.28
0.29
XGHA:AGA vs RGLD, CDE, AUGO: Forward PE Ratio Comparison
For the Gold subindustry, Anglogold Ashanti'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.
Anglogold Ashanti Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Anglogold Ashanti's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Anglogold Ashanti'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.
Anglogold Ashanti (XGHA:AGA) has a Forward PE Ratio of 0.38 as of Aug. 31, 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 Anglogold Ashanti and its competitors. According to the industry distribution chart, Anglogold Ashanti ranks #234 out of 498 companies in the Metals & Mining industry, placing it in the top 47%.
Is Anglogold Ashanti's Forward PE Ratio too high?
Anglogold Ashanti's current Forward PE Ratio is 0.38. The Metals & Mining industry median Forward PE Ratio is 13.07. Anglogold Ashanti's value of 0.38 is 97.1% below this industry median. Based on the distribution chart, Anglogold Ashanti ranks #234 out of 498 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Anglogold Ashanti has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's Forward PE Ratio compare to RGLD and CDE?
According to the Metals & Mining industry distribution chart, Anglogold Ashanti ranks #234 out of 498 companies for Forward PE Ratio. This puts Anglogold Ashanti in the upper half of its industry. The industry median Forward PE Ratio is 13.07. Anglogold Ashanti's value of 0.38 is 97.1% 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 13.07, based on 498 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. Anglogold Ashanti's current Forward PE Ratio of 0.38 is 97.1% 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 Anglogold Ashanti and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 13.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anglogold Ashanti's current Forward PE Ratio is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglogold Ashanti stock overvalued right now?
Anglogold Ashanti (XGHA:AGA) has a current Forward PE Ratio of 0.38. The stock's GF Value™ is GHS19.55, compared to a current price of GHS37.00 — trading 89.3% above its estimated fair value. The current Forward PE Ratio is 0.38 and 97.1% below the Metals & Mining industry median of 13.07. Anglogold Ashanti's overall GF Score™ is 79/100 with 1 warning sign 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 Anglogold Ashanti (XGHA:AGA), the current Forward PE Ratio is 0.38 as of Aug. 31, 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 Anglogold Ashanti (XGHA:AGA) Overvalued in 2026?
Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued.
The current stock price of GHS37.00 is trading 89.3% above its estimated GF Value™ of GHS19.55.
Key valuation signals for XGHA:AGA:
Forward PE Ratio: 0.38
GF Value™: GHS19.55 vs. price of GHS37.00 (89.3% above fair value)
Industry Position: 97.1% below the Metals & Mining median (#234 of 498)
No single metric tells the full story. See the XGHA:AGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia. The company's main product is gold, which once mined, is processed into dore (unrefined gold bars) on site and then dispatched to precious metals refineries. Geographically, Anglogold generates maximum revenue from its operations in Africa (comprising operations at Kibali, Iduapriem, Obuasi, Siguiri, Geita, and Sukari mines), followed by Australia (including Sunrise Dam and Tropicana), and the Americas (comprising Cerro Vanguardia, AngloGold Ashanti Mineracao, and Serra Grande operations).
79GF Score
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