Freeport Price Earnings Ratio from 2010 to 2024

FCX Stock  USD 43.83  0.19  0.44%   
Freeport McMoran Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio will likely drop to 23.44 in 2024. During the period from 2010 to 2024, Freeport McMoran Price Earnings Ratio regression line of annual values had r-squared of  0.03 and arithmetic mean of  12.30. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
33.14081433
Current Value
23.44
Quarterly Volatility
42.34099726
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freeport McMoran financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freeport McMoran's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 313.8 M or Total Revenue of 24 B, as well as many indicators such as Price To Sales Ratio of 4.21, Dividend Yield of 0.0134 or PTB Ratio of 3.47. Freeport financial statements analysis is a perfect complement when working with Freeport McMoran Valuation or Volatility modules.
  
Check out the analysis of Freeport McMoran Correlation against competitors.

Latest Freeport McMoran's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Freeport McMoran Copper Gold over the last few years. It is Freeport McMoran's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freeport McMoran's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Freeport Price Earnings Ratio Regression Statistics

Arithmetic Mean12.30
Geometric Mean15.03
Coefficient Of Variation344.13
Mean Deviation23.77
Median14.21
Standard Deviation42.34
Sample Variance1,793
Range210
R-Value(0.17)
Mean Square Error1,873
R-Squared0.03
Significance0.54
Slope(1.63)
Total Sum of Squares25,099

Freeport Price Earnings Ratio History

2024 23.44
2023 33.14
2022 15.79
2021 14.21
2020 44.32
2019 -93.32
2018 6.62

About Freeport McMoran Financial Statements

Freeport McMoran investors use historical fundamental indicators, such as Freeport McMoran's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Freeport McMoran. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 33.14  23.44 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Freeport Stock Analysis

When running Freeport McMoran's price analysis, check to measure Freeport McMoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.