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Mining and Metallurgical Company NORILSK NICKEL PJ PE Ratio

: 6.24 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-01-18), Mining and Metallurgical Company NORILSK NICKEL PJ's share price is ₽21818.00. Mining and Metallurgical Company NORILSK NICKEL PJ's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was ₽3,498.73. Therefore, Mining and Metallurgical Company NORILSK NICKEL PJ's PE Ratio for today is 6.24.

Good Sign:

Mining and Metallurgical Company NORILSK NICKEL PJ stock PE Ratio (=6.44) is close to 10-year low of 6


The historical rank and industry rank for Mining and Metallurgical Company NORILSK NICKEL PJ's PE Ratio or its related term are showing as below:

MIC:GMKN' s PE Ratio Range Over the Past 10 Years
Min: 6.44   Med: 11.78   Max: 55.07
Current: 6.23

6.44
55.07

During the past 13 years, the highest PE Ratio of Mining and Metallurgical Company NORILSK NICKEL PJ was 55.07. The lowest was 6.44. And the median was 11.78.


MIC:GMKN's PE Ratio is ranked higher than
72% of the 588 Companies
in the Metals & Mining industry.

( Industry Median: 13.08 vs. MIC:GMKN: 6.23 )

Mining and Metallurgical Company NORILSK NICKEL PJ's Earnings per Share (Diluted) for the six months ended in Jun. 2021 was ₽1,889.05. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was ₽3,498.73.

As of today (2022-01-18), Mining and Metallurgical Company NORILSK NICKEL PJ's share price is ₽21818.00. Mining and Metallurgical Company NORILSK NICKEL PJ's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was ₽3,498.73. Therefore, Mining and Metallurgical Company NORILSK NICKEL PJ's PE Ratio without NRI for today is 6.24.

During the past 13 years, Mining and Metallurgical Company NORILSK NICKEL PJ's highest PE Ratio without NRI was 55.07. The lowest was 6.00. And the median was 11.78.

Mining and Metallurgical Company NORILSK NICKEL PJ's EPS without NRI for the six months ended in Jun. 2021 was ₽1,889.05. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was ₽3,498.73.

During the past 12 months, Mining and Metallurgical Company NORILSK NICKEL PJ's average EPS without NRI Growth Rate was 212.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was 27.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was 20.40% per year. During the past 10 years, the average EPS without NRI Growth Rate was 13.70% per year.

During the past 13 years, Mining and Metallurgical Company NORILSK NICKEL PJ's highest 3-Year average EPS without NRI Growth Rate was 97.40% per year. The lowest was -44.00% per year. And the median was 27.10% per year.

Mining and Metallurgical Company NORILSK NICKEL PJ's EPS (Basic) for the six months ended in Jun. 2021 was ₽1,889.05. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2021 was ₽3,498.73.


Mining and Metallurgical Company NORILSK NICKEL PJ PE Ratio Historical Data

The historical data trend for Mining and Metallurgical Company NORILSK NICKEL PJ's 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.

Mining and Metallurgical Company NORILSK NICKEL PJ Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.42 13.96 9.64 8.44 14.85

Mining and Metallurgical Company NORILSK NICKEL PJ Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 8.44 N/A 14.85 At Loss

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Mining and Metallurgical Company NORILSK NICKEL PJ's PE Ratio, along with its competitors' market caps and 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.

   

Mining and Metallurgical Company NORILSK NICKEL PJ PE Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Mining and Metallurgical Company NORILSK NICKEL PJ's PE Ratio distribution charts can be found below:

* The bar in red indicates where Mining and Metallurgical Company NORILSK NICKEL PJ's PE Ratio falls into.



Mining and Metallurgical Company NORILSK NICKEL PJ PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Mining and Metallurgical Company NORILSK NICKEL PJ's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=21818.00/3498.728
=6.24

Mining and Metallurgical Company NORILSK NICKEL PJ's Share Price of today is ₽21818.00.
For company reported semi-annually, Mining and Metallurgical Company NORILSK NICKEL PJ's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽3,498.73.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Mining and Metallurgical Company NORILSK NICKEL PJ  (MIC:GMKN) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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.


Mining and Metallurgical Company NORILSK NICKEL PJ PE Ratio Related Terms

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Mining and Metallurgical Company NORILSK NICKEL PJ Business Description

Mining and Metallurgical Company NORILSK NICKEL PJ logo
Industry
Address
15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

Mining and Metallurgical Company NORILSK NICKEL PJ Headlines

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