Agnico Eagle Mines (XSWX:AEM) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Agnico Eagle Mines Forward PE Ratio Related Terms
Agnico Eagle Mines Forward PE Ratio Historical Data
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The historical data trend for Agnico Eagle Mines's Forward 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.
Agnico Eagle Mines Forward PE Ratio Chart
Agnico Eagle Mines Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
Forward PE Ratio
60.98
37.04
41.32
62.11
26.60
14.90
18.94
35.21
Agnico Eagle Mines Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
Forward PE Ratio
60.98
59.17
161.29
43.67
37.04
92.59
61.73
46.30
41.32
71.43
77.52
38.91
62.11
86.96
84.75
34.84
26.60
44.44
38.31
14.43
14.90
16.16
19.46
18.35
18.94
24.39
27.93
31.45
35.21
XSWX:AEM vs NEM, AU, RGLD: Forward PE Ratio Comparison
For the Gold subindustry, Agnico Eagle Mines's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Agnico Eagle Mines's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Agnico Eagle Mines (XSWX:AEM) has a Forward PE Ratio of 10.19 as of Jul. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Agnico Eagle Mines and its competitors. According to the industry distribution chart, Agnico Eagle Mines ranks #231 out of 483 companies in the Metals & Mining industry, placing it in the top 47.8%.
Is Agnico Eagle Mines' Forward PE Ratio too high?
Agnico Eagle Mines' current Forward PE Ratio is 10.19. The Metals & Mining industry median Forward PE Ratio is 11.43. Agnico Eagle Mines' value of 10.19 is 10.8% below this industry median. Based on the distribution chart, Agnico Eagle Mines ranks #231 out of 483 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Agnico Eagle Mines has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' Forward PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Agnico Eagle Mines ranks #231 out of 483 companies for Forward PE Ratio. This puts Agnico Eagle Mines in the upper half of its industry. The industry median Forward PE Ratio is 11.43. Agnico Eagle Mines' value of 10.19 is 10.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 11.43, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agnico Eagle Mines's current Forward PE Ratio of 10.19 is 10.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Agnico Eagle Mines and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 11.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agnico Eagle Mines's current Forward PE Ratio is 10.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Agnico Eagle Mines (XSWX:AEM) has a current Forward PE Ratio of 10.19. The stock's GF Value™ is CHF65.60, compared to a current price of CHF124.94 — trading 90.5% above its estimated fair value. The current Forward PE Ratio is 10.19 and 10.8% below the Metals & Mining industry median of 11.43. Agnico Eagle Mines' overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Agnico Eagle Mines (XSWX:AEM), the current Forward PE Ratio is 10.19 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Agnico Eagle Mines (XSWX:AEM) Overvalued in 2026?
Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be overvalued.
The current stock price of CHF124.94 is trading 90.5% above its estimated GF Value™ of CHF65.60.
Key valuation signals for XSWX:AEM:
Forward PE Ratio: 10.19
GF Value™: CHF65.60 vs. price of CHF124.94 (90.5% above fair value)
Industry Position: 10.8% below the Metals & Mining median (#231 of 483)
No single metric tells the full story. See the XSWX:AEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. 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.
97GF Score
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