Ero Copper Corp. (ERO) P/E Ratio History
UndervaluedTrading at 14.1x vs 5Y avg 22.3x · 60th percentile · Below historical baseline · Data 2017–2026
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P/E Ratio Analysis
As of September 24, 2026, Ero Copper Corp. (ERO) trades at a price-to-earnings ratio of 14.1x, with a stock price of $36.48 and trailing twelve-month earnings per share of $2.94.
The current P/E is 37% below its 5-year average of 22.3x. Over the past five years, ERO's P/E has ranged from a low of 4.8x to a high of 139.2x, placing the current valuation at the 60th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 22.1x, ERO trades at a 36% discount to its sector peers. The sector includes 123 companies with P/E ratios ranging from 0.4x to 152.2x.
The PEG ratio of 0.40 (P/E divided by 491% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, ERO trades at a notable discount to the S&P 500 median P/E of 25.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ERO DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ERO Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
ERO P/E vs Peers
Pure-play copper concentrate miners peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $168B | 38.5 | 1.85 | +24% | |
| $104B | 47.8 | 1.59 | +17% | |
| $32B | 33.3 | - | +263% | |
| $12B | 18.3 | - | +630% | |
| $155B | 15.6Lowest | - | -14% | |
| $216B | 23.9 | 8.50 | +14% | |
| $59B | 23.8 | - | -58% | |
| $7B | 64.9 | - | +671%Best | |
| $20B | 21.5 | 0.41Best | +500% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
ERO Historical P/E Data (2017–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | - | $26.75 | $2.96 | 9.0x | -75% |
| FY2026 Q1 | - | $26.67 | $2.79 | 9.6x | -73% |
| FY2025 Q4 | Dec 31 2025 | $28.29 | $2.54 | 11.1x | -69% |
| FY2025 Q3 | - | $20.23 | $1.32 | 15.3x | -57% |
| FY2025 Q2 | Jun 30 2025 | $16.85 | $1.37 | 12.3x | -65% |
| FY2025 Q1 | Mar 31 2025 | $12.12 | $0.17 | 71.3x | +101% |
| FY2024 Q3 | Sep 30 2024 | $22.27 | $0.16 | 139.2x | +293% |
| FY2024 Q1 | Mar 31 2024 | $19.28 | $0.64 | 30.1x | -15% |
| FY2023 Q4 | Dec 31 2023 | $15.79 | $0.97 | 16.3x | -54% |
| FY2023 Q3 | Sep 30 2023 | $17.24 | $0.85 | 20.3x | -43% |
| FY2023 Q2 | Jun 30 2023 | $20.23 | $0.86 | 23.5x | -34% |
| FY2023 Q1 | Mar 31 2023 | $17.64 | $0.80 | 22.1x | -38% |
| FY2022 Q4 | Dec 31 2022 | $13.75 | $1.11 | 12.4x | -65% |
| FY2022 Q3 | Sep 30 2022 | $11.00 | $1.52 | 7.2x | -80% |
| FY2022 Q2 | - | $8.43 | $1.76 | 4.8x | -86% |
| FY2022 Q1 | - | $14.64 | $2.39 | 6.1x | -83% |
| FY2021 Q4 | Dec 31 2021 | $15.29 | $2.16 | 7.1x | -80% |
| FY2021 Q3 | - | $17.75 | $2.22 | 8.0x | -77% |
| FY2021 Q2 | Jun 30 2021 | $21.02 | $2.28 | 9.2x | -74% |
| FY2021 Q1 | Mar 31 2021 | $17.08 | $1.47 | 11.6x | -67% |
| FY2020 Q4 | - | $16.22 | $0.51 | 31.8x | -10% |
| FY2020 Q3 | Sep 30 2020 | $14.58 | $0.31 | 47.0x | +33% |
| FY2020 Q2 | - | $14.57 | $0.15 | 97.2x | +174% |
| FY2020 Q1 | - | $7.60 | $0.24 | 31.7x | -11% |
| FY2019 Q4 | - | $18.22 | $1.03 | 17.7x | -50% |
| FY2019 Q3 | Sep 30 2019 | $14.54 | $0.61 | 23.8x | -33% |
| FY2019 Q2 | Jun 30 2019 | $16.28 | $0.49 | 33.2x | -6% |
| FY2019 Q1 | Mar 31 2019 | $11.68 | $0.12 | 97.4x | +175% |
| FY2018 Q3 | Sep 30 2018 | $9.02 | $0.05 | 179.6x | +407% |
| FY2018 Q2 | Jun 30 2018 | $7.25 | $0.25 | 29.0x | -18% |
| FY2018 Q1 | Mar 31 2018 | $45.21 | $0.52 | 87.1x | +146% |
| FY2017 Q4 | Dec 31 2017 | $5.96 | $0.49 | 12.2x | -65% |
Average P/E for displayed period: 35.4x
ERO Chart Terminal
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Intrinsic Valuation
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Historical Returns
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Peer Comparison
Compare growth, multiples, and margins vs sector.
ERO — Frequently Asked Questions
Quick answers to the most common questions about buying ERO stock.
What is ERO's P/E ratio?
Ero Copper Corp. (ERO) trailing twelve-month P/E ratio is 14.1x, based on TTM diluted EPS of $2.94. The 5-year average P/E is 22.3x and the historical range spans 4.8x to 139.2x.
Is ERO stock overvalued or undervalued?
ERO trades at 14.1x P/E, below its 5-year average of 22.3x. At the 60th percentile of its historical range (4.8x–139.2x), the stock is priced at a discount to its own history.
Is ERO stock expensive?
No, ERO is not expensive on a historical basis. The current P/E of 14.1x is below the 5-year average of 22.3x and sits at the 60th percentile of its valuation range.
What is ERO's historical P/E range?
Over the past 5 years, ERO's P/E ratio has ranged from 4.8x to 139.2x, with a median of 12.3x and an average of 22.3x. The current P/E of 14.1x places the stock at the 60th percentile of this range. Full historical data spans 2017–2026.
How does ERO's P/E compare to the S&P 500?
ERO trades at 14.1x P/E versus the S&P 500 median of 25.3x. The 44% discount to the market suggests lower growth expectations or perceived higher risk.
How does ERO's valuation compare to Basic Materials peers?
Ero Copper Corp. P/E of 14.1x compares to the Basic Materials sector median of 22.1x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is ERO's PEG ratio?
ERO PEG ratio is 0.40, based on a P/E of 14.1x and EPS growth of 490.9%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is ERO's earnings yield?
ERO earnings yield is 7.07%, the inverse of its 14.1x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.