Mineral Resources (ASX:MIN) Shiller PE Ratio: 35.51 (As of Aug. 18, 2026) — 55% Above Median

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ASX:MIN Mineral Resources Ltd ASX:MIN
84 GF Score
Price A$64.62
GF Value A$76.20
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Mineral Resources Shiller PE Ratio?

Mineral Resources ASX:MIN -3.84% 84 Shiller PE Ratio is 35.51 as of Aug. 18, 2026, which is 55% above its 10-year median of 22.86. GuruFocus rates ASX:MIN with a GF Score™ of 84/100 and a GF Value™ of A$76.20 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 411 Metals & Mining companies, Mineral Resources ranks worse than 55.23% on this metric.

As of today (2026-08-18), Mineral Resources's current share price is A$64.62. Mineral Resources's E10 for the fiscal year that ended in Jun25 was A$1.82. Mineral Resources's Shiller PE Ratio for today is 35.51.

The historical rank and industry rank for Mineral Resources's Shiller PE Ratio or its related term are showing as below:

ASX:MIN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.44   Med: 22.86   Max: 43.27
Current: 36.25

During the past 13 years, Mineral Resources's highest Shiller PE Ratio was 43.27. The lowest was 7.44. And the median was 22.86.

ASX:MIN's Shiller PE Ratio is ranked worse than
55.23% of 411 companies
in the Metals & Mining industry
Industry Median: 32.59 vs ASX:MIN: 36.25

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mineral Resources's adjusted earnings per share data of for the fiscal year that ended in Jun25 was A$-4.588. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$1.82 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mineral Resources  (ASX:MIN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Mineral Resources Shiller PE Ratio Related Terms


Mineral Resources Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Mineral Resources's Shiller 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.

Mineral Resources Shiller PE Ratio Chart

Mineral Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 22.69 31.67 24.05 11.84

Mineral Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shiller PE Ratio Get a 7-Day Free Trial 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 0.00 24.05 0.00 11.84 0.00

Mineral Resources Shiller PE Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Resources's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Mineral Resources Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mineral Resources's Shiller PE Ratio falls into.


ASX:MIN
84GF Score
Mineral Resources Ltd ASX:MIN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mineral Resources Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Mineral Resources's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=64.62/1.82
=35.51

* 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.

Mineral Resources's E10 for the fiscal year that ended in Jun25 is calculated as:

For example, Mineral Resources's adjusted earnings per share data for the fiscal year that ended in Jun25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun25 (Change)*Current CPI (Jun25)
=-4.588/131.5506*131.5506
=-4.588

Current CPI (Jun25) = 131.5506.

Mineral Resources Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 -0.133 0.000
201706 1.077 0.000
201806 1.453 0.000
201906 0.871 0.000
202006 5.330 0.000
202106 6.732 0.000
202206 1.849 0.000
202306 1.263 0.000
202406 0.635 0.000
202506 -4.588 131.551 -4.588

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 35.51 mean?
Mineral Resources (ASX:MIN) has a Shiller PE Ratio of 35.51 as of Aug. 18, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Mineral Resources and its competitors. This is 55% above median its historical median of 22.86. Over the past decade, Mineral Resources' Shiller PE Ratio has ranged from 7.44 to 43.27. According to the industry distribution chart, Mineral Resources ranks #227 out of 411 companies in the Metals & Mining industry, placing it in the top 55.2%.
Is Mineral Resources' Shiller PE Ratio too high?
Mineral Resources' current Shiller PE Ratio of 35.51 is 55% above median its 10-year median of 22.86. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 43.27. The Metals & Mining industry median Shiller PE Ratio is 32.59. Mineral Resources' value of 35.51 is 9% above this industry median. Based on the distribution chart, Mineral Resources ranks #227 out of 411 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mineral Resources has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Shiller PE Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #227 out of 411 companies for Shiller PE Ratio. This places Mineral Resources in the lower half of its industry. The industry median Shiller PE Ratio is 32.59. Mineral Resources' value of 35.51 is 9% above this benchmark. Historically, Mineral Resources' own Shiller PE Ratio has ranged from 7.44 to 43.27 over the past decade. While the company's 10-year median is 22.86 vs. the industry median of 32.59, Mineral Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Metals & Mining company?
The median Shiller PE Ratio among Metals & Mining companies is 32.59, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mineral Resources's current Shiller PE Ratio of 35.51 is 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Mineral Resources and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 32.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Resources's current Shiller PE Ratio is 35.51, which is 55% above median its own 10-year median of 22.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Modestly Undervalued. The stock's GF Value™ is A$76.20, compared to a current price of A$64.62 — trading 15.2% below its estimated fair value. The current Shiller PE Ratio is 35.51, which is 55% above median its 10-year median of 22.86 and 9% above the Metals & Mining industry median of 32.59. Mineral Resources' overall GF Score™ is 84/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Mineral Resources (ASX:MIN), the current Shiller PE Ratio is 35.51 as of Aug. 18, 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 Mineral Resources (ASX:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued. The current stock price of A$64.62 is trading 15.2% below its estimated GF Value™ of A$76.20. GuruFocus considers Mineral Resources to be Modestly Undervalued.

Key valuation signals for ASX:MIN:

  • Shiller PE Ratio: 35.51 (55% above median its 10-year median of 22.86)
  • GF Value™: A$76.20 vs. price of A$64.62 (15.2% below fair value)
  • GF Score™: 84/100 with 10 warning signs
  • Industry Position: 9% above the Metals & Mining median (#227 of 411)

No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mineral Resources Business Description

Address 20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
84GF Score

Get the complete analysis for ASX:MIN

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$64.62
Price
A$76.20
GF Value