Glencore plc (GLNCY) has a P/E ratio of 17.87, below the Materials sector average of 25.9.
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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.
As of the most recent data, GLNCY shows a P/E ratio of 17.87. That is below the Materials sector average of 25.9. Scroll down for historical charts and peer comparison views.
The Materials sector average P/E ratio is about 25.9. Glencore plc is at 17.87, which is lower that average. That is roughly 31.0% below the sector mean. Use the comparison chart on this page to see how GLNCY stacks up against individual peers as well.
Investors watch GLNCY's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Glencore plc's latest reading is 17.87. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Glencore plc's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 17.87) with ownership activity and broader fundamentals.
The Materials average P/E ratio is about 25.9, while GLNCY is at 17.87. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.