ERO Ero Copper PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: ERO
- PE Ratio
The PE ratio for Ero Copper stock stands at 76.67 as of May 22, 2025. This is calculated based on the current EPS of $0.18 and the stock price of $13.8 per share.
ERO PE ratio history
Over the last four years, the average PE ratio of Ero Copper has been 24.89. The current 76.67 P/E ratio is similar to the historical average. In the past four years, ERO's PE ratio peaked in the Sep 2024 quarter at 117.21, with a price of $22.27 and an EPS of $0.19. The Jun 2022 quarter marked the lowest point at 4.68, with a price of $8.43 and an EPS of $1.8.
Ero Copper PE ratio by year
Maximum annual increase: 82.2% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | N/A | N/A | $13.48 | -$0.66 |
| 2023 | 15.95 | 29.89% | $15.79 | $0.99 |
| 2022 | 12.28 | 82.2% | $13.75 | $1.12 |
| 2021 | 6.74 | N/A | $15.29 | $2.27 |
| 2020 | N/A | N/A | N/A | $0.6 |
| 2019 | N/A | N/A | N/A | $1.08 |
Ero Copper PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 67.33 | N/A | $12.12 | $0.18 |
| Dec 2024 | N/A | N/A | $13.48 | -$0.66 |
| Sep 2024 | 117.21 | N/A | $22.27 | $0.19 |
| Jun 2024 | N/A | N/A | $21.38 | -$0.18 |
| Mar 2024 | 29.21 | 83.13% | $19.28 | $0.66 |
| Dec 2023 | 15.95 | -21.35% | $15.79 | $0.99 |
| Sep 2023 | 20.28 | -13.78% | $17.24 | $0.85 |
| Jun 2023 | 23.52 | 6.67% | $20.23 | $0.86 |
| Mar 2023 | 22.05 | 79.56% | $17.64 | $0.8 |
| Dec 2022 | 12.28 | 72.96% | $13.75 | $1.12 |
| Sep 2022 | 7.1 | 51.71% | $11 | $1.55 |
| Jun 2022 | 4.68 | -20.41% | $8.43 | $1.8 |
| Mar 2022 | 5.88 | -12.76% | $14.64 | $2.49 |
| Dec 2021 | 6.74 | -10.37% | $15.29 | $2.27 |
| Sep 2021 | 7.52 | -13.06% | $17.75 | $2.36 |
ERO Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
ERO average PE ratio chart
The current PE ratio of ERO is higher than its 3-year historical average.
Frequently asked questions
What is Ero Copper's PE ratio?
The price to earnings ratio for ERO stock as of May 22, 2025, stands at 76.67.
What is the 3-year average PE ratio for Ero Copper (ERO)?
The average PE ratio for ERO stock over the past 3 years is 31.96.
What is the highest PE ratio for ERO?
Over the last four years, the quarterly PE ratio reached a historic high of 117.21 in the Sep 2024 quarter.
How does the current PE ratio for ERO compare to its historical average?
The current price to earnings ratio of ERO is 208% higher than the 4-year historical average.
Why is Ero Copper's PE ratio so high?
ERO's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 76.67 is considered high.
How is ERO's PE ratio calculated (Ero Copper PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 22, 2025), Ero Copper's stock price is $13.8. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.18. Therefore, Ero Copper's PE ratio for today is 76.67. PE RATIO(76.67) = STOCK PRICE($13.8) / TTM EPS($0.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.