Royal GoldFRA:RG3 +2.18%91 PEG Ratio is 2.29 as of Jun. 28, 2026, which is 28% below its 10-year median of 3.16. GuruFocus rates FRA:RG3 with a GF Score™ of 91/100 and a GF Value™ of €238.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 315 Metals & Mining companies, Royal Gold ranks worse than 67.62% 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, Royal Gold's PE Ratio without NRI is 24.97. Royal Gold's 5-Year EBITDA growth rate is 10.90%. Therefore, Royal Gold's PEG Ratio for today is 2.29.
* 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 Royal Gold's PEG Ratio or its related term are showing as below:
FRA:RG3'
s PEG Ratio Range Over the Past 10 Years
Min: 0.62 Med: 3.16 Max: 39
Current: 2.24
During the past 13 years, Royal Gold's highest PEG Ratio was 39.00. The lowest was 0.62. And the median was 3.16.
FRA:RG3's PEG Ratio is ranked worse than 67.62% of 315
companies
in the Metals & Mining industry
Industry Median: 1.2
vs FRA:RG3: 2.24
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Royal Gold (FRA:RG3) 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.
Royal Gold PEG Ratio Related Terms
Royal Gold PEG Ratio Historical Data
* Premium members only.
The historical data trend for Royal 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.
For the Gold subindustry, Royal 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.
Royal Gold PEG Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Royal Gold's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Royal Gold's PEG Ratio falls into.
* 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.
Royal Gold (FRA:RG3) has a PEG Ratio of 2.29 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 Royal Gold and its competitors. This is 28% below median its historical median of 3.16. Over the past decade, Royal Gold's PEG Ratio has ranged from 0.62 to 39.00. According to the industry distribution chart, Royal Gold ranks #213 out of 315 companies in the Metals & Mining industry, placing it in the top 67.6%.
Is Royal Gold's PEG Ratio too high?
Royal Gold's current PEG Ratio of 2.29 is 28% below median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 39.00. The Metals & Mining industry median PEG Ratio is 1.20. Royal Gold's value of 2.29 is 90.8% above this industry median. Based on the distribution chart, Royal Gold ranks #213 out of 315 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Royal Gold has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's PEG Ratio compare to CDE and AUGO?
According to the Metals & Mining industry distribution chart, Royal Gold ranks #213 out of 315 companies for PEG Ratio. This places Royal Gold in the lower half of its industry. The industry median PEG Ratio is 1.20. Royal Gold's value of 2.29 is 90.8% above this benchmark. Historically, Royal Gold's own PEG Ratio has ranged from 0.62 to 39.00 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.20, Royal Gold 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. Royal Gold's current PEG Ratio of 2.29 is 90.8% 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 Royal Gold 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. Royal Gold's current PEG Ratio is 2.29, which is 28% below median its own 10-year median of 3.16. 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 (FRA:RG3) is currently considered Modestly Undervalued. The stock's GF Value™ is €238.93, compared to a current price of €182.70 — trading 23.5% below its estimated fair value. The current PEG Ratio is 2.29, which is 28% below median its 10-year median of 3.16 and 90.8% above the Metals & Mining industry median of 1.20. Royal Gold's overall GF Score™ is 91/100 with 2 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 Royal Gold (FRA:RG3), the current PEG Ratio is 2.29 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 Royal Gold (FRA:RG3) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued.
The current stock price of €182.70 is trading 23.5% below its estimated GF Value™ of €238.93.
GuruFocus considers Royal Gold to be Modestly Undervalued.
Key valuation signals for FRA:RG3:
PEG Ratio: 2.29 (28% below median its 10-year median of 3.16)
GF Value™: €238.93 vs. price of €182.70 (23.5% below fair value)
Industry Position: 90.8% above the Metals & Mining median (#213 of 315)
No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
91GF Score
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