TMC
TMC the metals
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NASDAQ: TMC
- PE Ratio
As of Jun 16, 2026, the TMC the metals stock's PE ratio is 6.57. This takes into account the latest EPS of $0.79 and stock price of $5.19. The PE ratio has decreased by 34% from its last 4 quarters average of 10.0.
TMC PE ratio history
The PE ratio of TMC the metals has averaged 14.66 over the last six years. The current price-to-earnings ratio of 6.57 is 55% less than the historical average. Analyzing the last six years, TMC's PE ratio reached its highest point in the Sep 2020 quarter at 39.23, when the price was $10.2 and the EPS was $0.26. The lowest point was recorded in the Dec 2024 quarter, when it reached 4.48 with a price of $1.12 and an EPS of $0.25.
TMC the metals PE ratio by year
Maximum annual increase: 65.85% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 7.43 | 65.85% | $6.17 | $0.83 |
| 2024 | 4.48 | N/A | $1.12 | $0.25 |
| 2023 | N/A | N/A | $1.1 | -$0.26 |
| 2022 | N/A | N/A | $0.77 | -$0.71 |
| 2021 | N/A | N/A | $2.08 | -$0.69 |
| 2020 | 33.63 | N/A | $10.76 | $0.32 |
| 2019 | N/A | N/A | N/A | -$0.33 |
TMC the metals PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 5.91 | -20.46% | $4.67 | $0.79 |
| Dec 2025 | 7.43 | -11.34% | $6.17 | $0.83 |
| Sep 2025 | 8.38 | -54.28% | $6.37 | $0.76 |
| Jun 2025 | 18.33 | 134.4% | $6.6 | $0.36 |
| Mar 2025 | 7.82 | 74.55% | $1.72 | $0.22 |
| Dec 2024 | 4.48 | -66.19% | $1.12 | $0.25 |
| Sep 2024 | 13.25 | N/A | $1.06 | $0.08 |
| Jun 2024 | N/A | N/A | $1.35 | -$0.02 |
| Mar 2024 | N/A | N/A | $1.43 | -$0.13 |
| Dec 2023 | N/A | N/A | $1.1 | -$0.26 |
| Sep 2023 | N/A | N/A | $0.99 | -$0.58 |
| Jun 2023 | N/A | N/A | $1.63 | -$0.66 |
| Mar 2023 | N/A | N/A | $0.83 | -$0.66 |
| Dec 2022 | N/A | N/A | $0.77 | -$0.71 |
| Sep 2022 | N/A | N/A | $1.05 | -$1.38 |
TMC Price vs fair value
TMC average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, TMC's PE ratio is under its 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 6.57, TMC stands lower than the Basic Materials sector and the industry average. Looking at the Basic Materials sector average of 21.86, TMC the metals's price to earnings (P/E) is 70% lower.
TMC PE vs peers
TMC's PE ratio is below its peer stocks SCCO and NEM.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TMC TMC the metals company Inc | 6.57 | $2.25B |
| NEM NEWMONT Corp | 14.01 | $115.77B |
| SCCO Southern Copper Corporation | 32.37 | $160.69B |
| FCX Freeport-Mcmoran Inc | 37.31 | $100.84B |
| CLF Cleveland-Cliffs Inc | N/A | $7.57B |
Frequently asked questions
What is TMC the metals's PE ratio?
As of Jun 16, 2026, TMC stock has a price to earnings ratio of 6.57.
What is the 3-year average PE ratio for TMC the metals (TMC)?
Over the last 3 years, the average PE ratio for TMC stock is 9.37.
What is the 5-year average PE ratio for TMC the metals (TMC)?
Over the last 5 years, the average PE ratio for TMC stock is 9.94.
What is the highest PE ratio for TMC?
Over the last six years, the quarterly PE ratio reached its highest level at 39.23 in the Sep 2020 quarter.
How does the current PE ratio for TMC compare to its historical average?
TMC's price to earnings ratio is currently 55% below its 6-year historical average.
Why is TMC the metals's PE ratio so low?
TMC's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 6.57 is considered low.
How is TMC's PE ratio calculated (TMC the metals PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 16, 2026), TMC the metals's share price is $5.19. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.79. Therefore, TMC the metals's price to earnings ratio for today is 6.57. PE RATIO(6.57) = STOCK PRICE($5.19) / TTM EPS($0.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.