Kinross Gold (MEX:KGCN) PE Ratio without NRI: 9.64 (As of Jun. 25, 2026) — 38% Below Median


MEX:KGCN Kinross Gold Corp MEX:KGCN
83 GF Score
Price MXN413.00
GF Value MXN282.64
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kinross Gold PE Ratio without NRI?

Kinross Gold MEX:KGCN -18.54% 83 PE Ratio without NRI is 9.64 as of Jun. 25, 2026, which is 38% below its 10-year median of 15.50. GuruFocus rates MEX:KGCN with a GF Score™ of 83/100 and a GF Value™ of MXN282.64 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 639 Metals & Mining companies, Kinross Gold ranks better than 68.08% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-25), Kinross Gold's share price is MXN413.00. Kinross Gold's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MXN42.85. Therefore, Kinross Gold's PE Ratio without NRI for today is 9.64.

During the past 13 years, Kinross Gold's highest PE Ratio without NRI was 832.86. The lowest was 5.70. And the median was 15.50.

Kinross Gold's EPS without NRI for the three months ended in Mar. 2026 was MXN12.62. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MXN42.85.

As of today (2026-06-25), Kinross Gold's share price is MXN413.00. Kinross Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN42.85. Therefore, Kinross Gold's PE Ratio (TTM) for today is 9.64.

Good Sign:

Kinross Gold Corp stock PE Ratio (=10.42) is close to 3-year low of 10.42.

During the past years, Kinross Gold's highest PE Ratio (TTM) was 1457.50. The lowest was 5.11. And the median was 16.07.

Kinross Gold's EPS (Diluted) for the three months ended in Mar. 2026 was MXN12.62. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN42.85.

Kinross Gold's EPS (Basic) for the three months ended in Mar. 2026 was MXN12.62. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN43.03.


Kinross Gold  (MEX:KGCN) PE Ratio without NRI 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 or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI 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 Ratio s 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.


Kinross Gold PE Ratio without NRI Related Terms


Kinross Gold PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Kinross Gold's PE Ratio without NRI 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.

Kinross Gold PE Ratio without NRI Chart

Kinross Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss At Loss 17.59 12.17 14.37

Kinross 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 without NRI 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 13.23 12.34 17.30 14.37 13.15

MEX:KGCN vs NEM, AU, CDE: PE Ratio without NRI Comparison

For the Gold subindustry, Kinross Gold's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Kinross Gold PE Ratio without NRI vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kinross Gold's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Kinross Gold's PE Ratio without NRI falls into.


MEX:KGCN
83GF Score
Kinross Gold Corp MEX:KGCN
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinross Gold PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income 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 regular PE Ratio.

Kinross Gold's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=413.00/42.860
=9.64

Kinross Gold's Share Price of today is MXN413.00.
Kinross Gold's EPS without NRI 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 MXN42.85.

* 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.

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 case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), 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.

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 without NRI →
What does a PE Ratio without NRI of 9.64 mean?
Kinross Gold (MEX:KGCN) has a PE Ratio without NRI of 9.64 as of Jun. 25, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Kinross Gold and its competitors. This is 38% below median its historical median of 15.50. Over the past decade, Kinross Gold's PE Ratio without NRI has ranged from 5.70 to 832.86. According to the industry distribution chart, Kinross Gold ranks #204 out of 639 companies in the Metals & Mining industry, placing it in the top 31.9%.
Is Kinross Gold's PE Ratio without NRI too high?
Kinross Gold's current PE Ratio without NRI of 9.64 is 38% below median its 10-year median of 15.50. Over the past 10 years, this metric has ranged from a low of 5.70 to a high of 832.86. The Metals & Mining industry median PE Ratio without NRI is 16.36. Kinross Gold's value of 9.64 is 41.1% below this industry median. Based on the distribution chart, Kinross Gold ranks #204 out of 639 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Kinross Gold has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinross Gold's PE Ratio without NRI compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kinross Gold ranks #204 out of 639 companies for PE Ratio without NRI. This puts Kinross Gold in the upper half of its industry. The industry median PE Ratio without NRI is 16.36. Kinross Gold's value of 9.64 is 41.1% below this benchmark. Historically, Kinross Gold's own PE Ratio without NRI has ranged from 5.70 to 832.86 over the past decade. While the company's 10-year median is 15.50 vs. the industry median of 16.36, Kinross Gold 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 PE Ratio without NRI for a Metals & Mining company?
The median PE Ratio without NRI among Metals & Mining companies is 16.36, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kinross Gold's current PE Ratio without NRI of 9.64 is 41.1% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Kinross Gold and its competitors. For the Metals & Mining industry, the median PE Ratio without NRI is 16.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinross Gold's current PE Ratio without NRI is 9.64, which is 38% below median its own 10-year median of 15.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinross Gold stock overvalued right now?
Based on GuruFocus' analysis, Kinross Gold (MEX:KGCN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN282.64, compared to a current price of MXN413.00 — trading 46.1% above its estimated fair value. The current PE Ratio without NRI is 9.64, which is 38% below median its 10-year median of 15.50 and 41.1% below the Metals & Mining industry median of 16.36. Kinross Gold's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Kinross Gold (MEX:KGCN), the current PE Ratio without NRI is 9.64 as of Jun. 25, 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 Kinross Gold (MEX:KGCN) Overvalued in 2026?

Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued. The current stock price of MXN413.00 is trading 46.1% above its estimated GF Value™ of MXN282.64. GuruFocus considers Kinross Gold to be Significantly Overvalued.

Key valuation signals for MEX:KGCN:

  • PE Ratio without NRI: 9.64 (38% below median its 10-year median of 15.50)
  • GF Value™: MXN282.64 vs. price of MXN413.00 (46.1% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 41.1% below the Metals & Mining median (#204 of 639)

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


Kinross Gold Business Description

Address 25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2025. The company had about a decade of gold reserves at the end of 2025. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. Kinross has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve. Though Great Bear's production is likely to be replacement ounces for falling volumes at other mines.
83GF Score

Get the complete analysis for MEX:KGCN

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN413.00
Price
MXN282.64
GF Value