As of 2025-07-08, the Relative Valuation of GMK Noril'skiy Nikel' PAO (GMKN.ME) is 149.64 RUB. This relative valuation is based on P/E multiples. With the latest stock price at 154.40 RUB, the upside of GMK Noril'skiy Nikel' PAO based on Relative Valuation is -3.1%.
The range of the Relative Valuation is 118.46 - 197.65 RUB.
| Range | Selected | |
| Trailing P/E multiples | 14.8x - 18.6x | 16.9x |
| Forward P/E multiples | 9.7x - 14.2x | 11.8x |
| Fair Price | 118.46 - 197.65 | 149.64 |
| Upside | -23.3% - 28.0% | -3.1% |
| Date | P/E |