A Look At The Intrinsic Value Of Pilbara Minerals Limited (ASX:PLS)
Aug 01
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Australian (ASX) Metals and Mining Industry Analysis
UpdatedAug 03, 2025
DataAggregated Company Financials
Companies676
- 7D-4.5%
- 3M3.6%
- 1Y0.7%
- YTD3.0%
Over the last 7 days, the Metals and Mining industry has dropped 4.5%, driven by BHP Group declining 3.9%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 9.1% annually.
Industry Valuation and Performance
Has the Australian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Aug 2025 | AU$456.0b | AU$205.7b | AU$21.8b | 13.4x | 20.9x | 2.2x |
| Wed, 02 Jul 2025 | AU$435.2b | AU$204.3b | AU$21.6b | 12.5x | 20.2x | 2.1x |
| Fri, 30 May 2025 | AU$444.4b | AU$206.0b | AU$21.8b | 12.8x | 20.4x | 2.2x |
| Sun, 27 Apr 2025 | AU$427.0b | AU$207.1b | AU$22.0b | 12.1x | 19.4x | 2.1x |
| Tue, 25 Mar 2025 | AU$433.2b | AU$209.6b | AU$22.1b | 11.6x | 19.6x | 2.1x |
| Thu, 20 Feb 2025 | AU$460.2b | AU$210.0b | AU$27.8b | 13.6x | 16.6x | 2.2x |
| Sat, 18 Jan 2025 | AU$453.8b | AU$214.5b | AU$21.7b | 12.7x | 20.9x | 2.1x |
| Mon, 16 Dec 2024 | AU$455.3b | AU$210.8b | AU$21.2b | 12.5x | 21.5x | 2.2x |
| Wed, 13 Nov 2024 | AU$452.8b | AU$206.8b | AU$20.7b | 11.6x | 21.9x | 2.2x |
| Fri, 11 Oct 2024 | AU$475.3b | AU$203.1b | AU$20.2b | 12.9x | 23.5x | 2.3x |
| Sun, 08 Sep 2024 | AU$410.3b | AU$203.6b | AU$19.9b | 13.2x | 20.7x | 2x |
| Tue, 06 Aug 2024 | AU$434.4b | AU$213.0b | AU$21.7b | 13.2x | 20x | 2x |
| Thu, 04 Jul 2024 | AU$470.7b | AU$208.1b | AU$20.7b | 13.4x | 22.8x | 2.3x |
| Sat, 01 Jun 2024 | AU$500.2b | AU$209.6b | AU$21.0b | 14.8x | 23.8x | 2.4x |
| Mon, 29 Apr 2024 | AU$492.3b | AU$212.4b | AU$21.5b | 13.6x | 22.9x | 2.3x |
| Wed, 27 Mar 2024 | AU$481.2b | AU$213.3b | AU$21.6b | 12.4x | 22.3x | 2.3x |
| Fri, 23 Feb 2024 | AU$488.5b | AU$211.7b | AU$22.8b | 10.8x | 21.4x | 2.3x |
| Sun, 21 Jan 2024 | AU$536.1b | AU$222.8b | AU$32.7b | 11.7x | 16.4x | 2.4x |
| Tue, 19 Dec 2023 | AU$567.8b | AU$220.8b | AU$32.3b | 11.1x | 17.6x | 2.6x |
| Thu, 16 Nov 2023 | AU$541.1b | AU$224.4b | AU$33.1b | 10.5x | 16.4x | 2.4x |
| Sat, 14 Oct 2023 | AU$524.6b | AU$229.6b | AU$34.3b | 10.5x | 15.3x | 2.3x |
| Mon, 11 Sep 2023 | AU$516.8b | AU$228.1b | AU$34.3b | 11.2x | 15x | 2.3x |
| Wed, 09 Aug 2023 | AU$540.5b | AU$237.1b | AU$49.5b | 9.6x | 10.9x | 2.3x |
| Fri, 07 Jul 2023 | AU$541.9b | AU$234.7b | AU$49.0b | 10x | 11.1x | 2.3x |
| Sun, 04 Jun 2023 | AU$530.0b | AU$234.9b | AU$49.1b | 9.9x | 10.8x | 2.3x |
| Tue, 02 May 2023 | AU$540.6b | AU$234.4b | AU$49.1b | 9.5x | 11x | 2.3x |
| Thu, 30 Mar 2023 | AU$535.4b | AU$229.1b | AU$47.9b | 9.4x | 11.2x | 2.3x |
| Sat, 25 Feb 2023 | AU$547.1b | AU$224.9b | AU$48.1b | 9.7x | 11.4x | 2.4x |
| Mon, 23 Jan 2023 | AU$584.5b | AU$223.7b | AU$51.3b | 11.4x | 11.4x | 2.6x |
| Wed, 21 Dec 2022 | AU$524.2b | AU$230.5b | AU$53.3b | 10.2x | 9.8x | 2.3x |
| Fri, 18 Nov 2022 | AU$525.8b | AU$228.4b | AU$52.7b | 10.8x | 10x | 2.3x |
| Sun, 16 Oct 2022 | AU$478.6b | AU$241.6b | AU$56.8b | 9.4x | 8.4x | 2x |
| Tue, 13 Sep 2022 | AU$493.1b | AU$225.7b | AU$53.0b | 9.3x | 9.3x | 2.2x |
| Thu, 11 Aug 2022 | AU$478.7b | AU$217.5b | AU$46.7b | 9.6x | 10.3x | 2.2x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are optimistic on the Australian Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.9x which is higher than its 3-year average PE of 16.7x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 22% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Materials industry?
| AU Market | -0.19% | |
| Materials | -4.18% | |
| Metals and Mining | -4.46% | |
| Aluminum | 2.21% | |
| Copper | -1.17% | |
| Steel | -3.42% | |
| Diversified Metals and Mining | -4.39% | |
| Gold | -5.69% | |
| Precious Metals and Minerals | -5.88% | |
| Silver | -17.35% | |
Industry PE
- Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 24.5% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 24% over the next 5 years.
- In contrast, the Steel industry is expected to see its earnings decline by 8.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RMS Ramelius Resources | AU$2.48 | -8.8% AU$1.6b | 27.8% | PE13.7x | |
| CYL Catalyst Metals | AU$5.08 | 7.4% +AU$88.1m | 171.7% | PE16.7x | |
| IMD Imdex | AU$3.07 | 5.5% +AU$81.9m | 32.9% | PE33.7x | |
| LYC Lynas Rare Earths | AU$10.81 | 0.7% +AU$74.8m | 76.9% | PE198.9x | |
| CAY Canyon Resources | AU$0.26 | 6.1% +AU$26.8m | 233.3% | PB11.6x |
