MP Materials PE ratio MP

Share price divided by earnings per share over the last twelve months, since 2022.

Today, Oct 23, 2026: n/m; losses over the last year
Last meaningful: 119×; May 2024
5-year median: 24.8×
5-year range: 14.4× to 130×
Peer median: 19.9×

MP Materials has no meaningful PE ratio today: it lost $0.34 a share over the last twelve months, and a PE needs earnings.

It was last meaningful in May 2024, at 119×.

On the days it had one over the last 5 years, its median was 24.8×, from 14.4× in Apr 2023 to 130× in Apr 2024.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2024	119×	26.3×	130×
2023	34.8×	14.4×	35.2×
2022	17.2×	17.2×	78.5×

Against its peers

Companies in Basic Materials nearest MP Materials' size, closest first, today.

Company	PE ratio
MPMP Materials	n/m
AXTAAxalta Coating Systems	21.1×
EMNEastman Chemical	16.9×
HXLHexcel	40.0×
NEUNewmarket	18.7×
SSRMSSR Mining	9.6×
ESIElement Solutions	44.9×
SXTSensient Technologies	35.8×
BCPCBalchem	34.8×
CTVACorteva	8.2×
EXPEagle Materials	13.8×
Peer median	19.9×

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on MP Materials

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.