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MP MP Materials PE ratio, current and historical analysis

The current PE ratio for MP Materials stock as of Jun 20, 2024 is 683.5. This is calculated based on the current EPS of $0.02 and the stock price of $13.67 per share. The current PE ratio is about the same as the last four quarters average.

MP PE ratio history

How has MP's PE ratio performed in the past

The average historical PE ratio of MP Materials for the last three years is 97.71. The current price-to-earnings ratio of 683.5 is in line with the historical average. In the past three years, MP's PE ratio reached its highest point in the Mar 2024 quarter at 715, when the stock price was $14.3 and the EPS was $0.02. The lowest point was recorded in the Dec 2022 quarter, when it reached 14.8 with a price of $24.28 and an EPS of $1.64.

Average
97.71
Median
33.56
Minimum
14.8
Maximum
715

MP Materials PE ratio by year

Maximum annual increase: 858.04% in 2023

Maximum annual decrease: -74.58% in 2022

Year PE ratio Change
2023 141.79 858.04%
2022 14.8 -74.58%
2021 58.23 N/A
2020 N/A N/A
2019 N/A N/A

MP average PE ratio chart

What is the average PE ratio of MP for the past years

MP's current P/E ratio is above the 3-year average.

3-year avg
97.71
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

MP PE vs peers

What is MP's PE ratio compared to its peers
Stock name PE ratio Market cap
MP MP Materials Corp 684 $2.26B
OMEX Odyssey Marine Exploration Inc N/A $102.77M

Frequently asked questions

What is MP Materials's PE ratio?

MP's price to earnings ratio is 683.5 as of Jun 20, 2024.

What is the 3-year average PE ratio for MP Materials (MP)?

The average PE ratio for MP stock over the past 3 years is 97.71.

What is the highest PE ratio for MP?

In the last three years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 715.

How does the current PE ratio for MP compare to its historical average?

The current price to earnings ratio of MP is 600% higher than the 3-year historical average.

Why is MP Materials's PE ratio so high?

A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.

How is MP's PE ratio calculated (MP Materials 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 20, 2024), MP Materials's stock price is $13.67. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.02. Therefore, MP Materials's price to earnings ratio for today is 683.5. PE RATIO(683.5) = STOCK PRICE($13.67) / TTM EPS($0.02)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.