Australian (ASX) Copper Industry Analysis

UpdatedMar 05, 2026

DataAggregated Company Financials

Companies12

7D-7.6%
3M13.1%
1Y82.2%
YTDn/a

Over the last 7 days, the Copper industry has gained 7.3%. In the same time, Sandfire Resources was down 7.8%. This takes the industry's 12 month performance to a gain of 95%. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

Has the Australian Copper Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 05 Mar 2026	AU$10.6b	AU$2.6b	AU$194.6m	44.9x	54.3x	4.1x
Sat, 31 Jan 2026	AU$10.9b	AU$2.4b	AU$105.1m	42.3x	103.8x	4.5x
Mon, 29 Dec 2025	AU$9.7b	AU$2.5b	AU$111.1m	36.6x	86.9x	3.9x
Wed, 26 Nov 2025	AU$8.2b	AU$2.6b	AU$116.9m	30.3x	70.4x	3.2x
Fri, 24 Oct 2025	AU$9.7b	AU$3.1b	AU$29.3m	30.4x	329.2x	3.2x
Sun, 21 Sep 2025	AU$6.5b	AU$2.5b	AU$107.8m	23.9x	59.8x	2.5x
Tue, 19 Aug 2025	AU$6.2b	AU$2.3b	AU$71.6m	25x	85.9x	2.6x
Thu, 17 Jul 2025	AU$5.6b	AU$2.3b	AU$71.4m	22.6x	78.5x	2.4x
Sat, 14 Jun 2025	AU$5.7b	AU$2.3b	AU$72.5m	22.6x	78.5x	2.4x
Mon, 12 May 2025	AU$5.2b	AU$2.3b	AU$73.7m	20.9x	70.1x	2.2x
Wed, 09 Apr 2025	AU$4.4b	AU$2.5b	AU$82.1m	17.3x	54.1x	1.8x
Fri, 07 Mar 2025	AU$5.7b	AU$2.4b	AU$96.0m	22.1x	58.9x	2.4x
Sun, 02 Feb 2025	AU$5.1b	AU$2.1b	-AU$111,264,249.60	n/a	-45.8x	2.4x
Tue, 31 Dec 2024	AU$4.8b	AU$2.1b	-AU$111,144,548.40	n/a	-43.6x	2.3x
Thu, 28 Nov 2024	AU$5.1b	AU$2.0b	-AU$92,911,281.60	n/a	-55.4x	2.6x
Sat, 26 Oct 2024	AU$5.4b	AU$2.0b	-AU$92,309,306.00	n/a	-58.5x	2.8x
Mon, 23 Sep 2024	AU$4.6b	AU$1.9b	-AU$95,834,972.20	n/a	-48.3x	2.4x
Wed, 21 Aug 2024	AU$4.5b	AU$1.8b	-AU$270,856,127.00	n/a	-16.5x	2.5x
Fri, 19 Jul 2024	AU$4.5b	AU$1.8b	-AU$270,762,965.00	n/a	-16.6x	2.5x
Sun, 16 Jun 2024	AU$4.4b	AU$1.8b	-AU$272,897,927.50	n/a	-16.3x	2.5x
Tue, 14 May 2024	AU$5.0b	AU$1.8b	-AU$272,991,089.50	n/a	-18.5x	2.8x
Thu, 11 Apr 2024	AU$4.6b	AU$1.8b	-AU$272,750,421.00	n/a	-16.8x	2.6x
Sat, 09 Mar 2024	AU$4.0b	AU$1.8b	-AU$270,322,647.00	n/a	-14.7x	2.2x
Mon, 05 Feb 2024	AU$13.1b	AU$3.8b	-AU$56,754,841.00	45.6x	-231.7x	3.5x
Wed, 03 Jan 2024	AU$13.2b	AU$3.7b	-AU$53,443,662.00	45.6x	-247.8x	3.6x
Fri, 01 Dec 2023	AU$12.6b	AU$3.8b	-AU$55,764,582.00	45.6x	-226.5x	3.4x
Sun, 29 Oct 2023	AU$12.6b	AU$3.8b	-AU$59,008,712.00	45.6x	-214.2x	3.3x
Tue, 26 Sep 2023	AU$12.7b	AU$3.8b	-AU$56,264,094.00	45.6x	-225.2x	3.3x
Thu, 24 Aug 2023	AU$12.9b	AU$4.1b	AU$144.3m	55.2x	89.7x	3.2x
Sat, 22 Jul 2023	AU$12.9b	AU$4.0b	AU$142.1m	54.4x	90.6x	3.2x
Mon, 19 Jun 2023	AU$13.0b	AU$3.9b	AU$141.3m	56.7x	92.2x	3.3x
Wed, 17 May 2023	AU$12.9b	AU$4.0b	AU$142.5m	55.2x	90.8x	3.2x
Fri, 14 Apr 2023	AU$13.3b	AU$4.0b	AU$142.1m	58.5x	93.8x	3.4x
Sun, 12 Mar 2023	AU$12.6b	AU$4.0b	AU$131.4m	49.8x	95.6x	3.1x

Price to Earnings Ratio

95.6x

Sun, 12 Mar 2023

Current Industry PE

Investors are optimistic on the Australian Copper industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 55.6x which is higher than its 3-year average PE of 3.8x.

The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.3x.

Past Earnings Growth

The earnings for companies in the Copper industry have grown 15% per year over the last three years.
Meanwhile revenues for these companies have declined 14% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Australian Copper compare with similar industries?


AU Market	-2.74%
Materials	-2.73%
Metals and Mining	-2.43%
Copper	-7.60%
Aluminum	0.93%
Precious Metals and Minerals	-0.97%
Gold	-1.31%
Diversified Metals and Mining	-1.58%
Silver	-6.80%
Steel	-8.05%