First Majestic Silver (XSWX:AG) 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 .
First Majestic Silver Forward PE Ratio Related Terms
First Majestic Silver Forward PE Ratio Historical Data
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The historical data trend for First Majestic Silver'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.
First Majestic Silver Forward PE Ratio Chart
First Majestic Silver Annual Data
Trend
2016-12
Forward PE Ratio
42.92
First Majestic Silver Quarterly Data
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
Forward PE Ratio
178.57
34.48
42.92
100.00
59.88
39.37
XSWX:AG vs EXK: Forward PE Ratio Comparison
For the Silver subindustry, First Majestic Silver'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.
First Majestic Silver Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where First Majestic Silver's Forward PE Ratio falls into.
First Majestic Silver Forward PE Ratio Calculation
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.
First Majestic Silver (XSWX:AG) has a Forward PE Ratio of 0.00 as of Jul. 06, 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 First Majestic Silver and its competitors. According to the industry distribution chart, First Majestic Silver ranks #345 out of 483 companies in the Metals & Mining industry, placing it in the top 71.4%.
Is First Majestic Silver's Forward PE Ratio too high?
First Majestic Silver's current Forward PE Ratio is 0.00. Based on the distribution chart, First Majestic Silver ranks #345 out of 483 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, First Majestic Silver has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Forward PE Ratio compare to EXK?
According to the Metals & Mining industry distribution chart, First Majestic Silver ranks #345 out of 483 companies for Forward PE Ratio. This places First Majestic Silver in the lower half of its industry. The industry median Forward PE Ratio is 11.43. 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 11.43, based on 483 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. 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 First Majestic Silver and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Majestic Silver's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
First Majestic Silver (XSWX:AG) has a current Forward PE Ratio of 0.00. The stock's GF Value™ is CHF2.82, compared to a current price of CHF14.34 — trading 408.7% above its estimated fair value. The current Forward PE Ratio is 0.00. First Majestic Silver's overall GF Score™ is 59/100 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 First Majestic Silver (XSWX:AG), the current Forward PE Ratio is 0.00 as of Jul. 06, 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 First Majestic Silver (XSWX:AG) Overvalued in 2026?
Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued.
The current stock price of CHF14.34 is trading 408.7% above its estimated GF Value™ of CHF2.82.
Key valuation signals for XSWX:AG:
Forward PE Ratio: 0.00
GF Value™: CHF2.82 vs. price of CHF14.34 (408.7% above fair value)
No single metric tells the full story. See the XSWX:AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
59GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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