Royal Gold (MEX:RGLD) PE Ratio: 24.24 (As of Jun. 27, 2026) — 27% Below Median


MEX:RGLD Royal Gold Inc MEX:RGLD
94 GF Score
Price MXN3,717.00
GF Value MXN4,860.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Royal Gold PE Ratio?

Royal Gold MEX:RGLD 94 PE Ratio is 24.24 as of Jun. 27, 2026, which is 27% below its 10-year median of 33.29. GuruFocus rates MEX:RGLD with a GF Score™ of 94/100 and a GF Value™ of MXN4,860.97 (Modestly Undervalued). The stock has 2 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-27), Royal Gold's share price is MXN3717.00. Royal Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN153.31. Therefore, Royal Gold's PE Ratio for today is 24.24.

Good Sign:

Royal Gold Inc stock PE Ratio (=24.79) is close to 3-year low of 22.38.

During the past 13 years, Royal Gold's highest PE Ratio was 420.76. The lowest was 21.10. And the median was 33.29.

Royal Gold's EPS (Diluted) for the three months ended in Mar. 2026 was MXN59.51. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN153.31.

As of today (2026-06-27), Royal Gold's share price is MXN3717.00. Royal Gold's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MXN155.52. Therefore, Royal Gold's PE Ratio without NRI ratio for today is 23.90.

During the past 13 years, Royal Gold's highest PE Ratio without NRI was 559.87. The lowest was 20.92. And the median was 36.80.

Royal Gold's EPS without NRI for the three months ended in Mar. 2026 was MXN49.05. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MXN155.52.

During the past 12 months, Royal Gold's average EPS without NRI Growth Rate was 45.70% per year. During the past 3 years, the average EPS without NRI Growth Rate was 28.80% per year. During the past 5 years, the average EPS without NRI Growth Rate was 17.00% per year.

During the past 13 years, Royal Gold's highest 3-Year average EPS without NRI Growth Rate was 54.40% per year. The lowest was -48.70% per year. And the median was 13.20% per year.

Royal Gold's EPS (Basic) for the three months ended in Mar. 2026 was MXN59.69. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN153.64.

Back to Basics: PE Ratio


Royal Gold  (MEX:RGLD) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items 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.


Royal Gold PE Ratio Related Terms


Royal Gold PE Ratio Historical Data

* Premium members only.

The historical data trend for Royal Gold's 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.

Royal Gold PE Ratio Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.80 31.05 33.32 26.16 33.23

Royal Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio 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 27.07 26.08 27.55 33.23 30.33

MEX:RGLD vs CDE, AUGO, SA: PE Ratio Comparison

For the Gold subindustry, Royal Gold's PE Ratio, along with its competitors' market caps and 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.


Royal Gold PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Royal Gold's PE Ratio distribution charts can be found below:

* The bar in red indicates where Royal Gold's PE Ratio falls into.


MEX:RGLD
94GF Score
Royal Gold Inc MEX:RGLD
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Gold PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Royal Gold's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=3717.00/153.313
=24.24

Royal Gold's Share Price of today is MXN3717.00.
Royal Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN153.31.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 24.24 mean?
Royal Gold (MEX:RGLD) has a PE Ratio of 24.24 as of Jun. 27, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Royal Gold and its competitors. This is 27% below median its historical median of 33.29. Over the past decade, Royal Gold's PE Ratio has ranged from 21.10 to 420.76.
Is Royal Gold's PE Ratio too high?
Royal Gold's current PE Ratio of 24.24 is 27% below median its 10-year median of 33.29. Over the past 10 years, this metric has ranged from a low of 21.10 to a high of 420.76. Overall, Royal Gold has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's PE Ratio compare to CDE and AUGO?
Royal Gold's PE Ratio of 24.24 can be compared against companies in the Metals & Mining industry. Historically, Royal Gold's own PE Ratio has ranged from 21.10 to 420.76 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a Metals & Mining company?
A good PE Ratio depends on the Metals & Mining industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Royal Gold and its competitors. Royal Gold's current PE Ratio is 24.24, which is 27% below median its own 10-year median of 33.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (MEX:RGLD) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,860.97, compared to a current price of MXN3,717.00 — trading 23.5% below its estimated fair value. The current PE Ratio is 24.24, which is 27% below median its 10-year median of 33.29. Royal Gold's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Royal Gold (MEX:RGLD), the current PE Ratio is 24.24 as of Jun. 27, 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 Royal Gold (MEX:RGLD) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of MXN3,717.00 is trading 23.5% below its estimated GF Value™ of MXN4,860.97. GuruFocus considers Royal Gold to be Modestly Undervalued.

Key valuation signals for MEX:RGLD:

  • PE Ratio: 24.24 (27% below median its 10-year median of 33.29)
  • GF Value™: MXN4,860.97 vs. price of MXN3,717.00 (23.5% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Royal Gold Business Description

Address 1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
94GF Score

Get the complete analysis for MEX:RGLD

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

MXN3,717.00
Price
MXN4,860.97
GF Value