Fortescue
FMG.AX
#620
Rank
$40.78 B
Marketcap
$13.25
Share price
-0.65%
Change (1 day)
45.08%
Change (1 year)

P/E ratio for Fortescue (FMG.AX)

P/E ratio at the end of 2025: 9.53

According to Fortescue's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1498. At the end of 2025 the company had a P/E ratio of 9.53.

P/E ratio history for Fortescue from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
20259.5328.96%
20247.39-9.05%
20238.1372.64%
20224.7154.11%
20213.05-12.96%
20203.5112.25%
20193.13-39.42%
20185.16114.5%
20172.41-24.6%
20163.19-41.31%
20155.44296.84%
20141.37-1.88%
20131.40-45.63%
20122.57-47.41%
20114.88-17.1%
20105.899.52%
20095.38-372.11%
2008-1.98-94.95%
2007-39.1-87.5%
2006-31367.16%
2005-187-769.83%
200427.9-624.7%
2003-5.33-13.38%
2002-6.15-242.65%
20014.31

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.