The current PE ratio for MP Materials stock as of Jul 25, 2024 is 690.0. This is calculated based on the current EPS of $0.02 and the stock price of $13.8 per share. The current PE ratio is about the same as the last four quarters average.
The average historical PE ratio of MP Materials for the last four years is 97.71. The current price-to-earnings ratio of 690.0 is in line with the historical average. In the past four 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.
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's current P/E ratio is above the 3-year average.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MP MP Materials Corp | 695 | $2.3B |
| OMEX Odyssey Marine Exploration Inc | N/A | $91.74M |
MP's price to earnings ratio is 690 as of Jul 25, 2024.
The average PE ratio for MP stock over the past 3 years is 102.7.
In the last four years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 715.
The current price to earnings ratio of MP is 606% higher than the 4-year historical average.
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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 (Jul 25, 2024), MP Materials's stock price is $13.8. 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 690. PE RATIO(690) = STOCK PRICE($13.8) / TTM EPS($0.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.