Wheaton Precious Metals (XSWX:WPM) 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 .
Wheaton Precious Metals Forward PE Ratio Related Terms
Wheaton Precious Metals Forward PE Ratio Historical Data
* 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.
Wheaton Precious Metals Forward PE Ratio Chart
Wheaton Precious Metals Annual Data
Trend
2015-12
2016-12
2018-12
Forward PE Ratio
18.62
28.01
39.68
Wheaton Precious Metals Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2018-09
2018-12
2019-03
Forward PE Ratio
18.62
24.33
37.17
28.65
28.01
33.11
31.45
25.91
39.68
48.78
XSWX:WPM vs NEM, AU, RGLD: Forward PE Ratio Comparison
For the Gold subindustry, Wheaton Precious Metals'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.
Wheaton Precious Metals Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Wheaton Precious Metals's Forward PE Ratio falls into.
Wheaton Precious Metals 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.
Wheaton Precious Metals (XSWX:WPM) has a Forward PE Ratio of 45.02 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 Wheaton Precious Metals and its competitors. According to the industry distribution chart, Wheaton Precious Metals ranks #366 out of 483 companies in the Metals & Mining industry, placing it in the top 75.8%.
Is Wheaton Precious Metals' Forward PE Ratio too high?
Wheaton Precious Metals' current Forward PE Ratio is 45.02. The Metals & Mining industry median Forward PE Ratio is 11.43. Wheaton Precious Metals' value of 45.02 is 293.9% above this industry median. Based on the distribution chart, Wheaton Precious Metals ranks #366 out of 483 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wheaton Precious Metals has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' Forward PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #366 out of 483 companies for Forward PE Ratio. This places Wheaton Precious Metals in the lower half of its industry. The industry median Forward PE Ratio is 11.43. Wheaton Precious Metals' value of 45.02 is 293.9% 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 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. Wheaton Precious Metals's current Forward PE Ratio of 45.02 is 293.9% 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 Wheaton Precious Metals 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. Wheaton Precious Metals's current Forward PE Ratio is 45.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Wheaton Precious Metals (XSWX:WPM) has a current Forward PE Ratio of 45.02. The stock's GF Value™ is CHF17.67, compared to a current price of CHF93.87 — trading 431.2% above its estimated fair value. The current Forward PE Ratio is 45.02 and 293.9% above the Metals & Mining industry median of 11.43. Wheaton Precious Metals' overall GF Score™ is 95/100. 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 Wheaton Precious Metals (XSWX:WPM), the current Forward PE Ratio is 45.02 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 Wheaton Precious Metals (XSWX:WPM) Overvalued in 2026?
Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be overvalued.
The current stock price of CHF93.87 is trading 431.2% above its estimated GF Value™ of CHF17.67.
Key valuation signals for XSWX:WPM:
Forward PE Ratio: 45.02
GF Value™: CHF17.67 vs. price of CHF93.87 (431.2% above fair value)
Industry Position: 293.9% above the Metals & Mining median (#366 of 483)
No single metric tells the full story. See the XSWX:WPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
95GF Score
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