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Fortuna MiningFSM -0.42%92 Shiller PE Ratio is 39.83 as of Aug. 07, 2026, which is 6% below its 10-year median of 42.48. GuruFocus rates FSM with a GF Score™ of 92/100 and a GF Value™ of $6.83 (Significantly Overvalued). Among 409 Metals & Mining companies, Fortuna Mining ranks worse than 59.41% on this metric.
As of today (2026-08-07), Fortuna Mining's current share price is $9.56. Fortuna Mining's E10 for the quarter that ended in Mar. 2026 was $0.24. Fortuna Mining's Shiller PE Ratio for today is 39.83.
The historical rank and industry rank for Fortuna Mining's Shiller PE Ratio or its related term are showing as below:
FSM'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.5 Med: 42.48 Max: 295
Current: 39.11
During the past years, Fortuna Mining's highest Shiller PE Ratio was 295.00. The lowest was 14.50. And the median was 42.48.
FSM's Shiller PE Ratio is ranked worse than 59.41% of 409
companies
in the Metals & Mining industry
Industry Median: 31.38
vs FSM: 39.11
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.
Fortuna Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.24 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Fortuna Mining (NYSE:FSM) 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.
Fortuna Mining Shiller PE Ratio Related Terms
Fortuna Mining Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Fortuna Mining'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.
For the Gold subindustry, Fortuna Mining'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.
Fortuna Mining Shiller PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortuna Mining's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Fortuna Mining's Shiller PE Ratio falls into.
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.
Fortuna Mining's Shiller PE Ratio for today is calculated as
* 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.
Fortuna Mining's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, Fortuna Mining's adjusted earnings per share data for the three months ended in Mar. 2026 was:
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.
Fortuna Mining (FSM) has a Shiller PE Ratio of 39.83 as of Aug. 07, 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 Fortuna Mining and its competitors. This is near median its historical median of 42.48. Over the past decade, Fortuna Mining's Shiller PE Ratio has ranged from 14.50 to 295.00. According to the industry distribution chart, Fortuna Mining ranks #243 out of 409 companies in the Metals & Mining industry, placing it in the top 59.4%.
Is Fortuna Mining's Shiller PE Ratio too high?
Fortuna Mining's current Shiller PE Ratio of 39.83 is near median its 10-year median of 42.48. Over the past 10 years, this metric has ranged from a low of 14.50 to a high of 295.00. The Metals & Mining industry median Shiller PE Ratio is 31.38. Fortuna Mining's value of 39.83 is 26.9% above this industry median. Based on the distribution chart, Fortuna Mining ranks #243 out of 409 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortuna Mining has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Shiller PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #243 out of 409 companies for Shiller PE Ratio. This places Fortuna Mining in the lower half of its industry. The industry median Shiller PE Ratio is 31.38. Fortuna Mining's value of 39.83 is 26.9% above this benchmark. Historically, Fortuna Mining's own Shiller PE Ratio has ranged from 14.50 to 295.00 over the past decade. While the company's 10-year median is 42.48 vs. the industry median of 31.38, Fortuna Mining 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 31.38, based on 409 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. Fortuna Mining's current Shiller PE Ratio of 39.83 is 26.9% 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 Fortuna Mining and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 31.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Mining's current Shiller PE Ratio is 39.83, which is near median its own 10-year median of 42.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (FSM) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.83, compared to a current price of $9.56 — trading 40% above its estimated fair value. The current Shiller PE Ratio is 39.83, which is near median its 10-year median of 42.48 and 26.9% above the Metals & Mining industry median of 31.38. Fortuna Mining's overall GF Score™ is 92/100. 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 Fortuna Mining (FSM), the current Shiller PE Ratio is 39.83 as of Aug. 07, 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 Fortuna Mining (FSM) Overvalued in 2026?
Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued.
The current stock price of $9.56 is trading 40% above its estimated GF Value™ of $6.83.
GuruFocus considers Fortuna Mining to be Significantly Overvalued.
Key valuation signals for FSM:
Shiller PE Ratio: 39.83 (near median its 10-year median of 42.48)
GF Value™: $6.83 vs. price of $9.56 (40% above fair value)
Industry Position: 26.9% above the Metals & Mining median (#243 of 409)
No single metric tells the full story. See the FSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
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