CMCL (Caledonia Mining) PEG Ratio: 1.21 (As of Jun. 28, 2026) — 157% Above Median


CMCL Caledonia Mining Corp PLC CMCL
91 GF Score
Price $19.81
GF Value $20.86
Valuation Fairly Valued
! 5 Warning Signs
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What is Caledonia Mining PEG Ratio?

Caledonia Mining CMCL +1.64% 91 PEG Ratio is 1.21 as of Jun. 28, 2026, which is 157% above its 10-year median of 0.47. GuruFocus rates CMCL with a GF Score™ of 91/100 and a GF Value™ of $20.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 315 Metals & Mining companies, Caledonia Mining ranks worse than 50.48% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Caledonia Mining's PE Ratio without NRI is 6.65. Caledonia Mining's 5-Year EBITDA growth rate is 5.50%. Therefore, Caledonia Mining's PEG Ratio for today is 1.21.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Caledonia Mining's PEG Ratio or its related term are showing as below:

CMCL' s PEG Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.47   Max: 5.93
Current: 1.21


During the past 13 years, Caledonia Mining's highest PEG Ratio was 5.93. The lowest was 0.06. And the median was 0.47.


CMCL's PEG Ratio is ranked worse than
50.48% of 315 companies
in the Metals & Mining industry
Industry Median: 1.2 vs CMCL: 1.21

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Caledonia Mining  (AMEX:CMCL) PEG Ratio Explanation

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


Caledonia Mining PEG Ratio Related Terms


Caledonia Mining PEG Ratio Historical Data

* Premium members only.

The historical data trend for Caledonia Mining's PEG 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.

Caledonia Mining PEG Ratio Chart

Caledonia Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.82 0.00 0.00 0.00

Caledonia Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG 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 0.00 0.00 0.00 0.00 0.00

CMCL vs VGZ, IDR, CTGO: PEG Ratio Comparison

For the Gold subindustry, Caledonia Mining's PEG Ratio, along with its competitors' market caps and PEG 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.


Caledonia Mining PEG Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Caledonia Mining's PEG Ratio falls into.


CMCL
91GF Score
Caledonia Mining Corp PLC CMCL
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Caledonia Mining PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Caledonia Mining's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=6.6498825109097/5.50
=1.21

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.21 mean?
Caledonia Mining (CMCL) has a PEG Ratio of 1.21 as of Jun. 28, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Caledonia Mining and its competitors. This is 157% above median its historical median of 0.47. Over the past decade, Caledonia Mining's PEG Ratio has ranged from 0.06 to 5.93. According to the industry distribution chart, Caledonia Mining ranks #159 out of 315 companies in the Metals & Mining industry, placing it in the top 50.5%.
Is Caledonia Mining's PEG Ratio too high?
Caledonia Mining's current PEG Ratio of 1.21 is 157% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 5.93. The Metals & Mining industry median PEG Ratio is 1.20. Caledonia Mining's value of 1.21 is 0.8% above this industry median. Based on the distribution chart, Caledonia Mining ranks #159 out of 315 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Caledonia Mining has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's PEG Ratio compare to VGZ and IDR?
According to the Metals & Mining industry distribution chart, Caledonia Mining ranks #159 out of 315 companies for PEG Ratio. This places Caledonia Mining in the lower half of its industry. The industry median PEG Ratio is 1.20. Caledonia Mining's value of 1.21 is 0.8% above this benchmark. Historically, Caledonia Mining's own PEG Ratio has ranged from 0.06 to 5.93 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.20, Caledonia Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Metals & Mining company?
The median PEG Ratio among Metals & Mining companies is 1.20, based on 315 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caledonia Mining's current PEG Ratio of 1.21 is 0.8% above 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Caledonia Mining and its competitors. For the Metals & Mining industry, the median PEG Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caledonia Mining's current PEG Ratio is 1.21, which is 157% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Mining stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Mining (CMCL) is currently considered Fairly Valued. The stock's GF Value™ is $20.86, compared to a current price of $19.81 — trading 5% below its estimated fair value. The current PEG Ratio is 1.21, which is 157% above median its 10-year median of 0.47 and 0.8% above the Metals & Mining industry median of 1.20. Caledonia Mining's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Caledonia Mining (CMCL), the current PEG Ratio is 1.21 as of Jun. 28, 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 Caledonia Mining (CMCL) Overvalued in 2026?

Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued. The current stock price of $19.81 is trading 5% below its estimated GF Value™ of $20.86. GuruFocus considers Caledonia Mining to be Fairly Valued.

Key valuation signals for CMCL:

  • PEG Ratio: 1.21 (157% above median its 10-year median of 0.47)
  • GF Value™: $20.86 vs. price of $19.81 (5% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 0.8% above the Metals & Mining median (#159 of 315)

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


Caledonia Mining Business Description

Other Exchanges CMCL:UK9CD1:Germany
Address 2 Mulcaster Street, 2nd Floor, Saint Helier, JEY, JE2 3NJ
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
91GF Score

Get the complete analysis for CMCL

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

$19.81
Price
$20.86
GF Value