South African (JSE) Precious Metals and Minerals Industry Analysis

UpdatedMar 06, 2026

DataAggregated Company Financials

Companies6

7D-12.3%
3M22.9%
1Y161.1%
YTDn/a

Over the last 7 days, the Precious Metals and Minerals industry has dropped 12%, driven by declines in Impala Platinum Holdings and Valterra Platinum of 25% and 15%, respectively. Over the past 12 months, the industry was up 161%. As for the next few years, earnings are expected to grow by 33% per annum.

Industry Valuation and Performance

Has the South African Precious Metals and Minerals Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 07 Mar 2026	R993.6b	R385.7b	R19.7b	21.9x	50.4x	2.6x
Mon, 02 Feb 2026	R1.1t	R341.4b	-R414,127,268.40	200.2x	-2539.6x	3.1x
Wed, 31 Dec 2025	R935.7b	R341.7b	-R426,410,756.00	186.8x	-2194.3x	2.7x
Fri, 28 Nov 2025	R741.3b	R342.7b	-R909,660,939.20	147.3x	-814.9x	2.2x
Sun, 26 Oct 2025	R706.7b	R342.8b	-R928,148,695.80	138.8x	-761.4x	2.1x
Tue, 23 Sep 2025	R668.9b	R343.8b	-R493,464,692.20	134.3x	-1355.5x	1.9x
Thu, 21 Aug 2025	R552.4b	R341.7b	-R21,011,809,767.00	29.8x	-26.3x	1.6x
Sat, 19 Jul 2025	R604.9b	R351.7b	-R15,277,032,957.80	20x	-39.6x	1.7x
Mon, 16 Jun 2025	R495.4b	R351.8b	-R15,283,324,518.40	17.3x	-32.4x	1.4x
Wed, 14 May 2025	R374.4b	R353.8b	-R14,727,127,667.00	12.7x	-25.4x	1.1x
Fri, 11 Apr 2025	R379.2b	R355.3b	-R13,373,201,656.10	13.4x	-28.4x	1.1x
Sun, 09 Mar 2025	R390.3b	R354.2b	-R13,457,658,874.70	14.1x	-29x	1.1x
Tue, 04 Feb 2025	R371.6b	R355.6b	-R54,187,847,720.40	8.8x	-6.9x	1x
Thu, 02 Jan 2025	R316.2b	R355.7b	-R54,184,613,966.40	8x	-5.8x	0.9x
Sat, 30 Nov 2024	R350.1b	R354.9b	-R54,239,848,315.20	8.3x	-6.5x	1x
Mon, 28 Oct 2024	R436.9b	R353.9b	-R54,517,987,120.80	10.5x	-8x	1.2x
Wed, 25 Sep 2024	R359.6b	R354.0b	-R55,584,830,643.00	14.1x	-6.5x	1x
Fri, 23 Aug 2024	R365.8b	R369.5b	-R35,729,952,043.00	9.9x	-10.2x	1x
Sun, 21 Jul 2024	R359.6b	R382.2b	-R34,295,660,981.60	8.5x	-10.5x	0.9x
Tue, 18 Jun 2024	R335.4b	R382.1b	-R34,287,913,281.80	8x	-9.8x	0.9x
Thu, 16 May 2024	R423.9b	R381.6b	-R34,035,194,200.50	9.3x	-12.5x	1.1x
Sat, 13 Apr 2024	R464.4b	R382.1b	-R33,990,356,083.00	10.2x	-13.7x	1.2x
Mon, 11 Mar 2024	R370.8b	R382.7b	-R34,391,855,875.00	8.2x	-10.8x	1x
Wed, 07 Feb 2024	R386.9b	R435.7b	R52.4b	7.4x	7.4x	0.9x
Fri, 05 Jan 2024	R460.7b	R449.4b	R53.2b	8.5x	8.7x	1x
Sun, 03 Dec 2023	R417.2b	R450.1b	R53.8b	8.1x	7.8x	0.9x
Tue, 31 Oct 2023	R395.9b	R450.3b	R53.9b	8.2x	7.4x	0.9x
Thu, 28 Sep 2023	R442.7b	R450.6b	R54.8b	8.5x	8.1x	1x
Sat, 26 Aug 2023	R456.3b	R475.3b	R97.2b	4.1x	4.7x	1x
Mon, 24 Jul 2023	R550.4b	R497.9b	R118.6b	4.7x	4.6x	1.1x
Wed, 21 Jun 2023	R582.5b	R498.3b	R118.7b	4.5x	4.9x	1.2x
Fri, 19 May 2023	R660.4b	R499.3b	R119.5b	5.1x	5.5x	1.3x
Sun, 16 Apr 2023	R634.4b	R498.0b	R119.3b	5.1x	5.3x	1.3x
Tue, 14 Mar 2023	R659.3b	R492.1b	R116.7b	5.5x	5.6x	1.3x

Price to Earnings Ratio

5.6x

Tue, 14 Mar 2023

Current Industry PE

Investors are optimistic on the South African Precious Metals and Minerals industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 50.4x which is higher than its 3-year average PE of -250x.

The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.6x.

Past Earnings Growth

The earnings for companies in the Precious Metals and Minerals industry have declined 45% per year over the last three years,
Revenues have also declined 7.8% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does South African Precious Metals and Minerals compare with similar industries?


ZA Market	-5.01%
Materials	-8.22%
Metals and Mining	-9.26%
Precious Metals and Minerals	-12.32%
Copper	0%	0
Steel	-2.10%
Aluminum	-2.79%
Diversified Metals and Mining	-4.45%
Gold	-6.90%