Pilbara Minerals Limited (ASX:PLS) Shares Fly 34% But Investors Aren't Buying For Growth
Jul 03
Have your own idea? Try our Stock Screener
Australian (ASX) Diversified Metals and Mining Industry Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies459
- 7D3.4%
- 3M3.6%
- 1Y-15.7%
- YTDn/a
In the last week, the Diversified Metals and Mining industry is up 3.4%, with BHP Group up 8.7%. Meanwhile, Lynas Rare Earths actually underperformed within the industry, shrinking 9.3% in the last week. However, the industry is down 16% over the past year. Earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Australian Diversified Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 04 Jul 2025 | AU$259.6b | AU$116.2b | AU$11.7b | 12.9x | 22.2x | 2.2x |
| Sun, 01 Jun 2025 | AU$260.3b | AU$118.0b | AU$12.0b | 12.4x | 21.7x | 2.2x |
| Tue, 29 Apr 2025 | AU$253.8b | AU$118.8b | AU$12.1b | 11.5x | 20.9x | 2.1x |
| Thu, 27 Mar 2025 | AU$266.4b | AU$120.5b | AU$12.1b | 11.7x | 22.1x | 2.2x |
| Sat, 22 Feb 2025 | AU$287.7b | AU$118.8b | AU$12.3b | 11.5x | 23.3x | 2.4x |
| Mon, 20 Jan 2025 | AU$284.8b | AU$124.6b | AU$9.2b | 13.1x | 31.1x | 2.3x |
| Wed, 18 Dec 2024 | AU$280.5b | AU$122.2b | AU$8.9b | 12.9x | 31.4x | 2.3x |
| Fri, 15 Nov 2024 | AU$290.7b | AU$120.4b | AU$8.7b | 11.5x | 33.4x | 2.4x |
| Sun, 13 Oct 2024 | AU$308.4b | AU$116.1b | AU$8.2b | 13.2x | 37.4x | 2.7x |
| Tue, 10 Sep 2024 | AU$268.9b | AU$117.9b | AU$8.4b | 12.9x | 31.9x | 2.3x |
| Thu, 08 Aug 2024 | AU$285.4b | AU$122.1b | AU$9.3b | 15x | 30.8x | 2.3x |
| Sat, 06 Jul 2024 | AU$313.5b | AU$119.6b | AU$9.1b | 16.2x | 34.6x | 2.6x |
| Mon, 03 Jun 2024 | AU$323.4b | AU$120.9b | AU$9.2b | 15.8x | 35.2x | 2.7x |
| Wed, 01 May 2024 | AU$317.6b | AU$122.7b | AU$9.3b | 13.5x | 34.1x | 2.6x |
| Fri, 29 Mar 2024 | AU$316.9b | AU$125.0b | AU$9.4b | 13.4x | 33.9x | 2.5x |
| Sun, 25 Feb 2024 | AU$316.0b | AU$123.2b | AU$9.9b | 12.9x | 31.9x | 2.6x |
| Tue, 23 Jan 2024 | AU$327.2b | AU$128.0b | AU$21.0b | 9.7x | 15.6x | 2.6x |
| Thu, 21 Dec 2023 | AU$361.8b | AU$125.4b | AU$20.5b | 10.1x | 17.7x | 2.9x |
| Sat, 18 Nov 2023 | AU$342.5b | AU$129.5b | AU$21.3b | 9.7x | 16.1x | 2.6x |
| Mon, 16 Oct 2023 | AU$342.5b | AU$132.7b | AU$21.9b | 10.2x | 15.6x | 2.6x |
| Wed, 13 Sep 2023 | AU$344.6b | AU$130.6b | AU$21.8b | 9.5x | 15.8x | 2.6x |
| Fri, 11 Aug 2023 | AU$362.2b | AU$138.9b | AU$34.7b | 8.6x | 10.4x | 2.6x |
| Sun, 09 Jul 2023 | AU$350.4b | AU$136.9b | AU$34.1b | 8.7x | 10.3x | 2.6x |
| Tue, 06 Jun 2023 | AU$355.1b | AU$138.5b | AU$34.6b | 8.2x | 10.3x | 2.6x |
| Thu, 04 May 2023 | AU$346.7b | AU$137.2b | AU$34.1b | 8.3x | 10.2x | 2.5x |
| Sat, 01 Apr 2023 | AU$368.8b | AU$136.6b | AU$34.0b | 8.8x | 10.8x | 2.7x |
| Mon, 27 Feb 2023 | AU$369.5b | AU$134.2b | AU$34.4b | 9.7x | 10.7x | 2.8x |
| Wed, 25 Jan 2023 | AU$402.3b | AU$133.0b | AU$34.4b | 11.9x | 11.7x | 3x |
| Fri, 23 Dec 2022 | AU$364.1b | AU$137.9b | AU$35.8b | 9.6x | 10.2x | 2.6x |
| Sun, 20 Nov 2022 | AU$362.5b | AU$138.7b | AU$36.1b | 10.1x | 10x | 2.6x |
| Tue, 18 Oct 2022 | AU$334.2b | AU$147.3b | AU$38.6b | 10x | 8.6x | 2.3x |
| Thu, 15 Sep 2022 | AU$336.1b | AU$137.2b | AU$36.1b | 10.1x | 9.3x | 2.5x |
| Sat, 13 Aug 2022 | AU$325.7b | AU$126.8b | AU$24.5b | 11.6x | 13.3x | 2.6x |
| Mon, 11 Jul 2022 | AU$305.7b | AU$130.7b | AU$25.3b | 10.6x | 12.1x | 2.3x |
Price to Earnings Ratio
12.1x
Current Industry PE
- Investors are relatively neutral on the Australian Diversified Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.3x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Metals and Mining industry have declined 23% per year over the last three years,
- Revenues have also declined 3.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Australian Diversified Metals and Mining compare with similar industries?
| AU Market | 0.50% | |
| Materials | 3.33% | |
| Metals and Mining | 2.98% | |
| Diversified Metals and Mining | 3.44% | |
| Silver | 10.72% | |
| Steel | 6.52% | |
| Aluminum | 6.33% | |
| Copper | 3.15% | |
| Gold | -0.44% | |
| Precious Metals and Minerals | -0.90% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BHP BHP Group | AU$39.27 | 8.7% +AU$16.0b | -12.3% | PE11.5x | |
| S32 South32 | AU$3.20 | 10.3% +AU$1.3b | -16.9% | PS1.5x | |
| MIN Mineral Resources | AU$24.44 | 16.9% +AU$691.7m | -57.8% | PS0.9x | |
| PLS Pilbara Minerals | AU$1.53 | 16.0% +AU$675.8m | -50.0% | PS5.3x | |
| IGO IGO | AU$4.32 | 7.7% +AU$234.3m | -26.7% | PS4.8x |
