MP Materials (MP) Price to Earnings (2021 - 2024)
MP Materials' Price to Earnings came in at 705.85 for Q1 2024, compared with 20.78 a year earlier and up 385.4% from the prior quarter.
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Analysis
MP Materials (MP) Price to Earnings (2021 - 2024) Analysis & Trends
For FY2023, MP Materials' Price to Earnings was 145.43, up 874.1% from FY2022.
- Going back by year, Price to Earnings was 14.93 in FY2022 (-75.0%) and 59.81 in FY2021.
- The Q1 2024 figure represents the highest quarterly Price to Earnings in data going back to Q2 2021.
- Year-over-year, Price to Earnings increased in three of the last seven quarters, with growth averaging 97.5%.
- Business Quant data shows MP's Price to Earnings at 145.43 (Q4 2023), 31.57 (Q3 2023) and 23.22 (Q2 2023) in the three quarters before Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | MP Materials | 8.42 Bn | 6.97 Bn | 36.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 705.85 |
| Dec 31, 2023 | 145.43 |
| Sep 30, 2023 | 31.57 |
| Jun 30, 2023 | 23.22 |
| Mar 31, 2023 | 20.78 |
| Dec 31, 2022 | 14.93 |
| Sep 30, 2022 | 17.89 |
| Jun 30, 2022 | 22.73 |
| Mar 31, 2022 | 49.78 |
| Dec 31, 2021 | 59.81 |
| Sep 30, 2021 | 52.00 |
| Jun 30, 2021 | 79.87 |
API Access
MP Materials Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "MP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();