EQX (Equinox Gold) PEG Ratio: 4.69 (As of Jul. 06, 2026)


EQX Equinox Gold Corp EQX
77 GF Score
Price $10.17
GF Value $6.03
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Equinox Gold PEG Ratio?

Equinox Gold EQX +0.25% 77 PEG Ratio is 4.69 as of Jul. 06, 2026. GuruFocus rates EQX with a GF Score™ of 77/100 and a GF Value™ of $6.03 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 315 Metals & Mining companies, Equinox Gold ranks worse than 85.08% 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, Equinox Gold's PE Ratio without NRI is 23.00. Equinox Gold's 5-Year EBITDA growth rate is 4.90%. Therefore, Equinox Gold's PEG Ratio for today is 4.69.

* 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 Equinox Gold's PEG Ratio or its related term are showing as below:

EQX' s PEG Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.01
Current: 4.69


During the past 13 years, Equinox Gold's highest PEG Ratio was 5.01. The lowest was 0.00. And the median was 0.00.


EQX's PEG Ratio is ranked worse than
85.08% of 315 companies
in the Metals & Mining industry
Industry Median: 1.23 vs EQX: 4.69

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


Equinox Gold  (AMEX:EQX) 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.


Equinox Gold PEG Ratio Related Terms


Equinox Gold PEG Ratio Historical Data

* Premium members only.

The historical data trend for Equinox Gold'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.

Equinox Gold PEG Ratio Chart

Equinox Gold 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 0.00 0.00 0.00 0.00 0.00

Equinox Gold 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

EQX vs NEM, AU: PEG Ratio Comparison

For the Gold subindustry, Equinox Gold'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.


Equinox Gold PEG Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Equinox Gold's PEG Ratio falls into.


EQX
77GF Score
Equinox Gold Corp EQX
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Equinox Gold 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.

Equinox Gold's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=22.997737556561/4.90
=4.69

* 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 4.69 mean?
Equinox Gold (EQX) has a PEG Ratio of 4.69 as of Jul. 06, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Equinox Gold and its competitors. According to the industry distribution chart, Equinox Gold ranks #268 out of 315 companies in the Metals & Mining industry, placing it in the top 85.1%.
Is Equinox Gold's PEG Ratio too high?
Equinox Gold's current PEG Ratio is 4.69. The Metals & Mining industry median PEG Ratio is 1.23. Equinox Gold's value of 4.69 is 281.3% above this industry median. Based on the distribution chart, Equinox Gold ranks #268 out of 315 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Equinox Gold has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equinox Gold's PEG Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Equinox Gold ranks #268 out of 315 companies for PEG Ratio. This places Equinox Gold in the lower half of its industry. The industry median PEG Ratio is 1.23. Equinox Gold's value of 4.69 is 281.3% above this benchmark. 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 1.23, 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. Equinox Gold's current PEG Ratio of 4.69 is 281.3% 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 Equinox Gold and its competitors. For the Metals & Mining industry, the median PEG Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinox Gold's current PEG Ratio is 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinox Gold stock overvalued right now?
Based on GuruFocus' analysis, Equinox Gold (EQX) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.03, compared to a current price of $10.17 — trading 68.6% above its estimated fair value. The current PEG Ratio is 4.69 and 281.3% above the Metals & Mining industry median of 1.23. Equinox Gold's overall GF Score™ is 77/100 with 3 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 Equinox Gold (EQX), the current PEG Ratio is 4.69 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 Equinox Gold (EQX) Overvalued in 2026?

Based on GuruFocus' analysis, Equinox Gold stock appears to be overvalued. The current stock price of $10.17 is trading 68.6% above its estimated GF Value™ of $6.03. GuruFocus considers Equinox Gold to be Significantly Overvalued.

Key valuation signals for EQX:

  • PEG Ratio: 4.69
  • GF Value™: $6.03 vs. price of $10.17 (68.6% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 281.3% above the Metals & Mining median (#268 of 315)

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


Equinox Gold Business Description

Other Exchanges 1LRC:GermanyEQX:Canada
Address 700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration, and development of mineral properties, with a focus on gold. The company operates gold mines and a clear plan to increase production by advancing the pipeline of growth projects. Geographically, the company operates in the Canada, United States, Mexico, and others. The majority of its revenue is generated from Canada.
77GF Score

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

$10.17
Price
$6.03
GF Value