Hudbay Minerals Inc. (HBM) P/E Ratio History
UndervaluedTrading at 18.9x vs 5Y avg 37.0x · 45th percentile · Below historical baseline · Data 2005–2025
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P/E Ratio Analysis
As of June 21, 2026, Hudbay Minerals Inc. (HBM) trades at a price-to-earnings ratio of 18.9x, with a stock price of $27.59 and trailing twelve-month earnings per share of $1.43.
The current P/E is 49% below its 5-year average of 37.0x. Over the past five years, HBM's P/E has ranged from a low of 7.2x to a high of 166.2x, placing the current valuation at the 45th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.6x, HBM trades at a 20% discount to its sector peers. The sector includes 123 companies with P/E ratios ranging from 1.0x to 182.8x.
Relative to the broader market, HBM trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 HBM 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.
HBM Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
HBM P/E vs Peers
Diversified copper and byproduct miners peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $99B | 45.2 | 1.51 | +17% | |
| $31B | 32.1 | - | +263% | |
| $3B | 11.5Lowest | 0.32Best | +491% | |
| $2B | 14.2 | - | +165% | |
| $11B | 19.5 | 0.37 | +500%Best | |
| $159B | 36.8 | 1.76 | +24% | |
| $200B | 14.2 | 1.84 | +15% | |
| $223B | 24.7 | 8.80 | +14% | |
| $67B | 26.6 | - | -58% | |
| $115B | 16.2 | 1.26 | +124% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
HBM Historical P/E Data (2005–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Dec 31 2025 | $19.85 | $1.44 | 13.8x | -62% |
| FY2025 Q3 | - | $15.16 | $1.16 | 13.0x | -65% |
| FY2025 Q2 | Jun 30 2025 | $10.61 | $0.73 | 14.5x | -61% |
| FY2025 Q1 | Mar 31 2025 | $7.59 | $0.39 | 19.5x | -47% |
| FY2024 Q4 | - | $8.10 | $0.20 | 40.1x | +9% |
| FY2024 Q3 | Sep 30 2024 | $9.19 | $0.24 | 38.5x | +5% |
| FY2024 Q2 | Jun 30 2024 | $9.05 | $0.24 | 37.9x | +3% |
| FY2024 Q1 | Mar 31 2024 | $7.00 | $0.23 | 30.6x | -17% |
| FY2023 Q4 | Dec 31 2023 | $5.52 | $0.19 | 29.6x | -19% |
| FY2023 Q3 | Sep 30 2023 | $4.87 | $0.03 | 166.2x | +353% |
| FY2023 Q1 | Mar 31 2023 | $5.25 | $0.04 | 121.8x | +232% |
| FY2022 Q4 | Dec 31 2022 | $5.07 | $0.26 | 19.3x | -47% |
| FY2022 Q3 | Sep 30 2022 | $4.03 | $0.29 | 13.9x | -62% |
| FY2019 Q1 | Mar 31 2019 | $7.14 | $0.12 | 61.9x | +69% |
| FY2018 Q4 | Dec 31 2018 | $4.72 | $0.33 | 14.5x | -61% |
| FY2018 Q3 | Sep 30 2018 | $5.05 | $0.70 | 7.2x | -80% |
| FY2018 Q2 | Jun 30 2018 | $5.60 | $0.76 | 7.4x | -80% |
| FY2018 Q1 | Mar 31 2018 | $7.10 | $0.75 | 9.5x | -74% |
| FY2017 Q4 | Dec 31 2017 | $8.80 | $0.55 | 16.0x | -56% |
| FY2015 Q2 | - | $8.33 | $0.13 | 64.1x | +75% |
| FY2015 Q1 | - | $8.18 | $0.32 | 25.5x | -31% |
| FY2014 Q4 | Dec 31 2014 | $8.68 | $0.27 | 32.0x | -13% |
| FY2012 Q3 | Sep 30 2012 | $9.85 | $0.03 | 332.8x | +807% |
| FY2011 Q1 | - | $16.31 | $0.20 | 81.8x | +123% |
| FY2010 Q4 | Dec 31 2010 | $18.25 | $0.16 | 115.5x | +215% |
| FY2010 Q3 | - | $14.13 | $0.13 | 108.4x | +195% |
| FY2010 Q2 | Jun 30 2010 | $10.58 | $0.26 | 40.7x | +11% |
| FY2010 Q1 | Mar 31 2010 | $12.79 | $0.73 | 17.5x | -52% |
| FY2009 Q4 | - | $12.95 | $0.64 | 20.2x | -45% |
| FY2009 Q3 | Sep 30 2009 | $12.18 | $0.68 | 17.8x | -52% |
| FY2009 Q2 | - | $6.47 | $0.58 | 11.1x | -70% |
| FY2009 Q1 | - | $4.72 | $0.34 | 13.7x | -63% |
| FY2008 Q4 | Dec 31 2008 | $2.56 | $0.53 | 4.8x | -87% |
| FY2008 Q3 | - | $6.41 | $0.68 | 9.4x | -74% |
| FY2008 Q2 | Jun 30 2008 | $13.93 | $1.18 | 11.8x | -68% |
| FY2008 Q1 | Mar 31 2008 | $15.84 | $1.43 | 11.1x | -70% |
| FY2007 Q4 | Dec 31 2007 | $19.62 | $1.68 | 11.7x | -68% |
| FY2007 Q3 | Sep 30 2007 | $25.92 | $2.58 | 10.0x | -73% |
| FY2007 Q2 | Jun 30 2007 | $20.93 | $3.25 | 6.4x | -82% |
| FY2007 Q1 | Mar 31 2007 | $17.65 | $3.91 | 4.5x | -88% |
| FY2006 Q4 | Dec 31 2006 | $18.74 | $4.09 | 4.6x | -88% |
| FY2006 Q3 | Sep 30 2006 | $12.47 | $3.36 | 3.7x | -90% |
| FY2006 Q2 | Jun 30 2006 | $12.62 | $2.41 | 5.2x | -86% |
| FY2006 Q1 | Mar 31 2006 | $8.42 | $1.33 | 6.3x | -83% |
| FY2005 Q4 | Dec 31 2005 | $5.03 | $0.83 | 6.1x | -83% |
Average P/E for displayed period: 36.7x
Full Stock Analysis
Deep dive into HBM consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
21+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
HBM — Frequently Asked Questions
Quick answers to the most common questions about buying HBM stock.
What is HBM's P/E ratio?
Hudbay Minerals Inc. (HBM) trailing twelve-month P/E ratio is 18.9x, based on TTM diluted EPS of $1.43. The 5-year average P/E is 37.0x and the historical range spans 7.2x to 166.2x.
Is HBM stock overvalued or undervalued?
HBM trades at 18.9x P/E, below its 5-year average of 37.0x. At the 45th percentile of its historical range (7.2x–166.2x), the stock is priced at a discount to its own history.
Is HBM stock expensive?
No, HBM is not expensive on a historical basis. The current P/E of 18.9x is below the 5-year average of 37.0x and sits at the 45th percentile of its valuation range.
What is HBM's historical P/E range?
Over the past 5 years, HBM's P/E ratio has ranged from 7.2x to 166.2x, with a median of 19.5x and an average of 37.0x. The current P/E of 18.9x places the stock at the 45th percentile of this range. Full historical data spans 2005–2025.
How does HBM's P/E compare to the S&P 500?
HBM trades at 18.9x P/E versus the S&P 500 median of 24.4x. The 23% discount to the market suggests lower growth expectations or perceived higher risk.
How does HBM's valuation compare to Basic Materials peers?
Hudbay Minerals Inc. P/E of 18.9x compares to the Basic Materials sector median of 23.6x. 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 HBM's PEG ratio?
HBM PEG ratio is N/A, based on a P/E of 18.9x and EPS growth of 630.0%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is HBM's earnings yield?
HBM earnings yield is 5.29%, the inverse of its 18.9x 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.