Sprott Physical Silver Trust (TSX:PSLV) EV-to-EBITDA: (As of Sep. 22, 2026)

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TSX:PSLV Sprott Physical Silver Trust TSX:PSLV
55 GF Score
Price C$30.32
GF Value C$114.91
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Sprott Physical Silver Trust EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Sprott Physical Silver Trust's enterprise value is C$19,172 Mil. Sprott Physical Silver Trust's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was C$0 Mil. Therefore, Sprott Physical Silver Trust's EV-to-EBITDA for today is .

The historical rank and industry rank for Sprott Physical Silver Trust's EV-to-EBITDA or its related term are showing as below:

TSX:PSLV's EV-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 9.235
* Ranked among companies with meaningful EV-to-EBITDA only.

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-22), Sprott Physical Silver Trust's stock price is C$30.32. Sprott Physical Silver Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was C$9.961. Therefore, Sprott Physical Silver Trust's PE Ratio (TTM) for today is 3.04.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Sprott Physical Silver Trust  (TSX:PSLV) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Sprott Physical Silver Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.32/9.961
=3.04

Sprott Physical Silver Trust's share price for today is C$30.32.
Sprott Physical Silver Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$9.961.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Sprott Physical Silver Trust EV-to-EBITDA Related Terms


Sprott Physical Silver Trust EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sprott Physical Silver Trust's EV-to-EBITDA 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.

Sprott Physical Silver Trust EV-to-EBITDA Chart

Sprott Physical Silver Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sprott Physical Silver Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

TSX:PSLV vs EQH, ARCC, SEIC: EV-to-EBITDA Comparison

For the Asset Management subindustry, Sprott Physical Silver Trust's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Sprott Physical Silver Trust EV-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Silver Trust's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sprott Physical Silver Trust's EV-to-EBITDA falls into.


TSX:PSLV
55GF Score
Sprott Physical Silver Trust TSX:PSLV
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sprott Physical Silver Trust EV-to-EBITDA Calculation

Sprott Physical Silver Trust's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=19172.338/0
=

Sprott Physical Silver Trust's current Enterprise Value is C$19,172 Mil.
Sprott Physical Silver Trust's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 Mil.

* 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.

Is Sprott Physical Silver Trust (TSX:PSLV) Overvalued in 2026?

Based on GuruFocus' analysis, Sprott Physical Silver Trust stock appears to be undervalued. The current stock price of C$30.32 is trading 73.6% below its estimated GF Value™ of C$114.91. GuruFocus considers Sprott Physical Silver Trust to be Significantly Undervalued.

Key valuation signals for TSX:PSLV:

  • EV-to-EBITDA:
  • GF Value™: C$114.91 vs. price of C$30.32 (73.6% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the TSX:PSLV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sprott Physical Silver Trust Business Description

Other Exchanges PSLV:USAPSLV.U:Canada
Address 200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust achieves its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate about short-term changes in silver prices.
55GF Score

Get the complete analysis for TSX:PSLV

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$30.32
Price
C$114.91
GF Value