Pan American Silver (TSX:PAAS) PEG Ratio: 0.73 (As of Jun. 30, 2026) — 67% Below Median


TSX:PAAS Pan American Silver Corp TSX:PAAS
81 GF Score
Price C$63.37
GF Value C$45.90
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Pan American Silver PEG Ratio?

Pan American Silver TSX:PAAS -1.71% 81 PEG Ratio is 0.73 as of Jun. 30, 2026, which is 67% below its 10-year median of 2.19. GuruFocus rates TSX:PAAS with a GF Score™ of 81/100 and a GF Value™ of C$45.90 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 315 Metals & Mining companies, Pan American Silver ranks better than 66.03% 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, Pan American Silver's PE Ratio without NRI is 15.59. Pan American Silver's 5-Year EBITDA growth rate is 21.30%. Therefore, Pan American Silver's PEG Ratio for today is 0.73.

* 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 Pan American Silver's PEG Ratio or its related term are showing as below:

TSX:PAAS' s PEG Ratio Range Over the Past 10 Years
Min: 0.39   Med: 2.19   Max: 18.49
Current: 0.73


During the past 13 years, Pan American Silver's highest PEG Ratio was 18.49. The lowest was 0.39. And the median was 2.19.


TSX:PAAS's PEG Ratio is ranked better than
66.03% of 315 companies
in the Metals & Mining industry
Industry Median: 1.2 vs TSX:PAAS: 0.73

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


Pan American Silver  (TSX:PAAS) 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.


Pan American Silver PEG Ratio Related Terms


Pan American Silver PEG Ratio Historical Data

* Premium members only.

The historical data trend for Pan American Silver'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.

Pan American Silver PEG Ratio Chart

Pan American Silver 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 3.93 0.00 0.00 0.00 0.00

Pan American Silver 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

TSX:PAAS vs NEM, AU: PEG Ratio Comparison

For the Gold subindustry, Pan American Silver'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.


Pan American Silver PEG Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Pan American Silver's PEG Ratio falls into.


TSX:PAAS
81GF Score
Pan American Silver Corp TSX:PAAS
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan American Silver 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.

Pan American Silver's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=15.585341859321/21.30
=0.73

* 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 0.73 mean?
Pan American Silver (TSX:PAAS) has a PEG Ratio of 0.73 as of Jun. 30, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Pan American Silver and its competitors. This is 67% below median its historical median of 2.19. Over the past decade, Pan American Silver's PEG Ratio has ranged from 0.39 to 18.49. According to the industry distribution chart, Pan American Silver ranks #107 out of 315 companies in the Metals & Mining industry, placing it in the top 34%.
Is Pan American Silver's PEG Ratio too high?
Pan American Silver's current PEG Ratio of 0.73 is 67% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 18.49. The Metals & Mining industry median PEG Ratio is 1.20. Pan American Silver's value of 0.73 is 39.2% below this industry median. Based on the distribution chart, Pan American Silver ranks #107 out of 315 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Pan American Silver has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan American Silver's PEG Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Pan American Silver ranks #107 out of 315 companies for PEG Ratio. This puts Pan American Silver in the upper half of its industry. The industry median PEG Ratio is 1.20. Pan American Silver's value of 0.73 is 39.2% below this benchmark. Historically, Pan American Silver's own PEG Ratio has ranged from 0.39 to 18.49 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 1.20, Pan American Silver has consistently been below 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. Pan American Silver's current PEG Ratio of 0.73 is 39.2% 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 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 Pan American Silver 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. Pan American Silver's current PEG Ratio is 0.73, which is 67% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan American Silver stock overvalued right now?
Based on GuruFocus' analysis, Pan American Silver (TSX:PAAS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$45.90, compared to a current price of C$63.37 — trading 38.1% above its estimated fair value. The current PEG Ratio is 0.73, which is 67% below median its 10-year median of 2.19 and 39.2% below the Metals & Mining industry median of 1.20. Pan American Silver's overall GF Score™ is 81/100 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 Pan American Silver (TSX:PAAS), the current PEG Ratio is 0.73 as of Jun. 30, 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 Pan American Silver (TSX:PAAS) Overvalued in 2026?

Based on GuruFocus' analysis, Pan American Silver stock appears to be overvalued. The current stock price of C$63.37 is trading 38.1% above its estimated GF Value™ of C$45.90. GuruFocus considers Pan American Silver to be Significantly Overvalued.

Key valuation signals for TSX:PAAS:

  • PEG Ratio: 0.73 (67% below median its 10-year median of 2.19)
  • GF Value™: C$45.90 vs. price of C$63.37 (38.1% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 39.2% below the Metals & Mining median (#107 of 315)

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


Pan American Silver Business Description

Address 733 Seymour Street, Suite 2100, Vancouver Centre II, Vancouver, BC, CAN, V6B0S6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.
81GF Score

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

C$63.37
Price
C$45.90
GF Value