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Freeport-McMoRan (BUE:FCX) Shiller PE Ratio : (As of May. 01, 2025)


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What is Freeport-McMoRan Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Freeport-McMoRan Shiller PE Ratio Historical Data

The historical data trend for Freeport-McMoRan'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.

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Freeport-McMoRan Shiller PE Ratio Chart

Freeport-McMoRan Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
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Freeport-McMoRan Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Freeport-McMoRan's Shiller PE Ratio

For the Copper subindustry, Freeport-McMoRan'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.


Freeport-McMoRan's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Freeport-McMoRan's Shiller PE Ratio falls into.


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Freeport-McMoRan 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.

Freeport-McMoRan's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Freeport-McMoRan's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1023.395/134.9266*134.9266
=1,023.395

Current CPI (Mar. 2025) = 134.9266.

Freeport-McMoRan Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 -64.794 100.684 -86.831
201509 -134.641 100.392 -180.958
201512 -179.649 99.792 -242.899
201603 -195.694 100.470 -262.807
201606 -21.249 101.688 -28.195
201609 9.486 101.861 12.565
201612 13.316 101.863 17.638
201703 9.867 102.862 12.943
201706 11.871 103.349 15.498
201709 13.318 104.136 17.256
201712 54.230 104.011 70.349
201803 37.880 105.290 48.543
201806 58.858 106.317 74.697
201809 55.934 106.507 70.859
201812 13.574 105.998 17.279
201903 3.127 107.251 3.934
201906 -8.936 108.070 -11.157
201909 -33.556 108.329 -41.795
201912 1.477 108.420 1.838
202003 -84.414 108.902 -104.587
202006 8.215 108.767 10.191
202009 65.331 109.815 80.270
202012 156.250 109.897 191.837
202103 172.954 111.754 208.816
202106 276.612 114.631 325.585
202109 367.653 115.734 428.621
202112 298.930 117.630 342.887
202203 446.668 121.301 496.842
202206 274.352 125.017 296.099
202209 155.624 125.227 167.679
202212 321.888 125.222 346.835
202303 363.492 127.348 385.124
202306 220.800 128.729 231.431
202309 433.938 129.860 450.870
202312 389.880 129.419 406.471
202403 1,078.400 131.776 1,104.182
202406 1,504.440 132.554 1,531.370
202409 1,368.720 133.029 1,388.245
202412 767.600 133.157 777.800
202503 1,023.395 134.927 1,023.395

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.


Freeport-McMoRan  (BUE:FCX) 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.


Freeport-McMoRan Shiller PE Ratio Related Terms

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Freeport-McMoRan Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. We expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.