GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Gold Corp (TSX:ABX) » Definitions » Forward PE Ratio

Barrick Gold (TSX:ABX) Forward PE Ratio

: 18.80 (As of Today)
View and export this data going back to 1983. Start your Free Trial

Barrick Gold's Forward PE Ratio for today is 18.80.

Barrick Gold's PE Ratio without NRI for today is 22.18.

Barrick Gold's PE Ratio for today is 23.78.

Barrick Gold Forward PE Ratio Historical Data

The historical data trend for Barrick 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.

* Premium members only.

Barrick Gold Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
15.63 17.15 17.36 32.05 26.95 16.64 17.99 23.64 17.15 20.58

Barrick Gold Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 15.63 23.53 34.01 16.10 17.15 21.41 21.10 19.96 17.36 16.53 17.54 16.75 32.05 33.44 45.66 25.64 26.95 27.93 32.26 22.32 16.64 15.48 17.01 14.60 17.99 22.83 16.47 16.58 23.64 23.47 18.15 12.63 17.15 18.90
Competitive Comparison

For the Gold subindustry, Barrick 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.

Barrick Gold Forward PE Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Barrick Gold's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Barrick Gold's Forward PE Ratio falls into.


Barrick Gold 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.

Barrick Gold  (TSX:ABX) 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 .

Barrick Gold Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Barrick Gold's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Barrick Gold (TSX:ABX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Gold Corp (TSX:ABX) » Definitions » Forward PE Ratio
Comparable Companies
TSX:AEM TSX:FNV TSX:WPM TSX:K TSX:AGI TSX:PAAS TSX:BTO TSX:LUG TSX:OR TSX:ELD SHSE:601899 NEM SHSE:600547 JSE:GFI MIC:PLZL ASX:NST AU SHSE:600489 RGLD JSE:HAR
Traded in Other Exchanges
GOLD:USA ABX:Peru ABX.N:Mexico 0R22:UK ABR:Germany
Address
161 Bay Street, Brookfield Place, Suite 3700, P.O. Box 212, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Website
https://www.barrick.com
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2022, the firm produced nearly 4.1 million attributable ounces of gold and about 440 million pounds of copper. At end 2022, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.

Barrick Gold (TSX:ABX) Headlines

No Headlines