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Agnico Eagle Mines (TSX:AEM) PS Ratio : 5.62 (As of Dec. 14, 2024)


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What is Agnico Eagle Mines PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Agnico Eagle Mines's share price is C$119.22. Agnico Eagle Mines's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$21.21. Hence, Agnico Eagle Mines's PS Ratio for today is 5.62.

Warning Sign:

Agnico Eagle Mines Ltd stock PS Ratio (=5.62) is close to 3-year high of 5.7

The historical rank and industry rank for Agnico Eagle Mines's PS Ratio or its related term are showing as below:

TSX:AEM' s PS Ratio Range Over the Past 10 Years
Min: 2.55   Med: 4.41   Max: 7.39
Current: 5.62

During the past 13 years, Agnico Eagle Mines's highest PS Ratio was 7.39. The lowest was 2.55. And the median was 4.41.

TSX:AEM's PS Ratio is ranked worse than
74.73% of 736 companies
in the Metals & Mining industry
Industry Median: 1.84 vs TSX:AEM: 5.62

Agnico Eagle Mines's Revenue per Sharefor the three months ended in Sep. 2024 was C$5.82. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$21.21.

During the past 12 months, the average Revenue per Share Growth Rate of Agnico Eagle Mines was 20.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 3.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.50% per year.

During the past 13 years, Agnico Eagle Mines's highest 3-Year average Revenue per Share Growth Rate was 52.20% per year. The lowest was -35.90% per year. And the median was 3.70% per year.

Back to Basics: PS Ratio


Agnico Eagle Mines PS Ratio Historical Data

The historical data trend for Agnico Eagle Mines's PS 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.

* Premium members only.

Agnico Eagle Mines PS Ratio Chart

Agnico Eagle Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 5.42 3.32 3.96 4.00

Agnico Eagle Mines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS 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 3.51 4.00 4.30 4.50 5.14

Competitive Comparison of Agnico Eagle Mines's PS Ratio

For the Gold subindustry, Agnico Eagle Mines's PS Ratio, along with its competitors' market caps and PS 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.


Agnico Eagle Mines's PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's PS Ratio distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's PS Ratio falls into.



Agnico Eagle Mines PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Agnico Eagle Mines's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=119.22/21.207
=5.62

Agnico Eagle Mines's Share Price of today is C$119.22.
Agnico Eagle Mines's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$21.21.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Agnico Eagle Mines  (TSX:AEM) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio 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

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Agnico Eagle Mines PS Ratio Related Terms

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Agnico Eagle Mines Business Description

Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.4 million gold ounces in 2023 and had about 15 years of gold reserves at end 2023. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
Executives
Jean Robitaille Senior Officer
Christopher Charles Norman Vollmershausen Senior Officer
Sean Boyd Director, Senior Officer
Dominique Girard Senior Officer
John Merfyn Roberts Director
Carol-ann Plummer-theriault Senior Officer
Guy Gosselin Senior Officer
Ammar Al-joundi Senior Officer
Leona Aglukkaq Director
Martine Celej Director
Deborah Mccombe Director
Jamie Calvin Sokalsky Director
Natasha Nella Dominica Vaz Senior Officer
James Porter Senior Officer
David Smith Senior Officer