Freeport-McMoRan Inc. FCX

72.31 0.23 0.32% as of 25 Sep
Market cap
$104.1B
P/E
35.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Freeport-McMoRan Inc. (FCX) P/B ratio

As of 25 September 2026, Freeport-McMoRan Inc. (FCX) trades at a P/B ratio of 3.2×. Over the past ten years it has ranged from 0.3× (January 2016) to 3.6× (August 2026); the current reading is higher than 99% of that period. That is in line with the Copper industry median of 3.2× and above the Basic Materials sector median of 1.8×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 2.4× 24.67%
FY2024 1.9× (13.90%)
FY2023 2.2× 0.60%
FY2022 2.2× (17.33%)
FY2021 2.7× 31.23%
FY2020 2.0× 85.61%
FY2019 1.1× 30.67%
FY2018 0.8× (67.03%)
FY2017 2.5× 29.08%
FY2016 2.0× 222.59%

Quarterly

Period P/B ratio Change
Jun 2026 2.8× 4.56%
Mar 2026 2.7× 13.15%
Dec 2025 2.4× 27.95%
Sep 2025 1.9× (10.72%)
42 more quarters

Against its own ten years

Low 0.3× High 3.6×
Ten-year median 2.0×
Current reading's percentile 99

P/B ratio against peers

Company P/B ratio
HBM HudBay Minerals Inc compare 2.0×
IE Ivanhoe Electric Inc. compare 3.2×
FCX Freeport-McMoRan Inc. 3.2×
ERO Ero Copper Corp. compare 3.6×
SCCO Southern Copper Corporation compare 13.3×
Copper industry median 3.2×
Basic Materials sector median 1.8×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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