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Agnico Eagle Mines (Agnico Eagle Mines) Shiller PE Ratio

: 44.47 (As of Today)
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As of today (2024-04-23), Agnico Eagle Mines's current share price is $62.26. Agnico Eagle Mines's E10 for the quarter that ended in Dec. 2023 was $1.40. Agnico Eagle Mines's Shiller PE Ratio for today is 44.47.

The historical rank and industry rank for Agnico Eagle Mines's Shiller PE Ratio or its related term are showing as below:

AEM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.72   Med: 148.02   Max: 4032
Current: 46.12

During the past years, Agnico Eagle Mines's highest Shiller PE Ratio was 4032.00. The lowest was 33.72. And the median was 148.02.

AEM's Shiller PE Ratio is ranked worse than
75.41% of 370 companies
in the Metals & Mining industry
Industry Median: 21.565 vs AEM: 46.12

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Agnico Eagle Mines's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.40 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agnico Eagle Mines Shiller PE Ratio Historical Data

The historical data trend for Agnico Eagle Mines's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Agnico Eagle Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 489.21 451.91 73.51 74.22 39.07

Agnico Eagle Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.22 46.81 41.45 38.56 39.07

Competitive Comparison

For the Gold subindustry, Agnico Eagle Mines's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agnico Eagle Mines Shiller PE Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's Shiller PE Ratio falls into.



Agnico Eagle Mines Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Agnico Eagle Mines's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.26/1.4
=44.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Agnico Eagle Mines's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Agnico Eagle Mines's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.77/125.4675*125.4675
=-0.770

Current CPI (Dec. 2023) = 125.4675.

Agnico Eagle Mines Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.560 98.604 0.713
201406 0.120 99.473 0.151
201409 -0.100 99.394 -0.126
201412 -0.120 98.367 -0.153
201503 0.130 99.789 0.163
201506 0.050 100.500 0.062
201509 0.010 100.421 0.012
201512 -0.070 99.947 -0.088
201603 0.130 101.054 0.161
201606 0.080 102.002 0.098
201609 0.220 101.765 0.271
201612 0.280 101.449 0.346
201703 0.330 102.634 0.403
201706 0.230 103.029 0.280
201709 0.310 103.345 0.376
201712 0.150 103.345 0.182
201803 0.190 105.004 0.227
201806 0.020 105.557 0.024
201809 0.070 105.636 0.083
201812 -1.680 105.399 -2.000
201903 0.160 106.979 0.188
201906 0.120 107.690 0.140
201909 0.320 107.611 0.373
201912 1.380 107.769 1.607
202003 -0.090 107.927 -0.105
202006 0.430 108.401 0.498
202009 0.910 108.164 1.056
202012 0.840 108.559 0.971
202103 0.590 110.298 0.671
202106 0.800 111.720 0.898
202109 0.490 112.905 0.545
202112 0.410 113.774 0.452
202203 0.310 117.646 0.331
202206 0.630 120.806 0.654
202209 0.150 120.648 0.156
202212 0.450 120.964 0.467
202303 3.860 122.702 3.947
202306 0.660 124.203 0.667
202309 0.360 125.230 0.361
202312 -0.770 125.468 -0.770

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Agnico Eagle Mines  (NYSE:AEM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Agnico Eagle Mines Shiller PE Ratio Related Terms

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Agnico Eagle Mines (Agnico Eagle Mines) Business Description

Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.