Latest P/E ratio for Freeport-McMoRan: 37.77 — see history and peer comparisons.
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+ Follow37.77
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
The latest P/E ratio for FCX is 37.77. That is above the Materials sector average of 24.82. Investors often review this figure alongside Freeport-McMoRan's historical trend and sector peers before judging valuation or financial health.
Against Materials companies, FCX currently prints 37.77 for P/E ratio, while the sector average sits near 24.82. That is roughly 52.2% above the sector mean. Large gaps often invite a closer look at Freeport-McMoRan's growth, margins, and balance sheet.
A P/E ratio of 37.77 for Freeport-McMoRan is not 'good' or 'bad' on its own. Compare it with the peer average (24.82) and with FCX's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.
After noting FCX's P/E ratio (37.77), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.
This page's peer comparison chart is the fastest way to stack Freeport-McMoRan's P/E ratio against similar Materials names. You can also browse sector and industry screens on Stockcircle for a broader set of Materials companies and their key multiples and fundamentals.