Fortescue Metals Group (ASX:FMG) - Simply Wall St
After last week's 21% share price decline to AU$17.00, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Metals and Mining industry in Australia. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$18.97 per share.