First Quantum Minerals
FM.TO
#1170
Rank
$19.66 B
Marketcap
$23.57
Share price
-3.50%
Change (1 day)
7.10%
Change (1 year)

P/E ratio for First Quantum Minerals (FM.TO)

P/E ratio as of November 2026 (TTM): 118

According to First Quantum Minerals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 117.865. At the end of 2025 the company had a P/E ratio of -860.

P/E ratio history for First Quantum Minerals from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
2025-860
2023-5.54-141.94%
202213.2-23.76%
202117.3-127.34%
2020-63.4-44.7%
2019-115-1100.17%
201811.5-143.13%
2017-26.6-79.91%
2016-1322729.72%
2015-4.68-157.69%
20148.10-49.06%
201315.9297.02%
20124.01-64.8%
201111.4-39.79%
201018.9116.2%
20098.74-47.87%
200816.8136.33%
20077.107.76%
20066.59-31.5%
20059.62-145.21%
2004-21.3-121.2%
2003100504.16%
200216.6-630.07%
2001-3.13

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.