Agnico Eagle Mines (HAM:AE9) ROE % Adjusted to Book Value: 7.04% (As of Mar. 2026)


HAM:AE9 Agnico Eagle Mines Ltd HAM:AE9
98 GF Score
Price €132.20
GF Value €135.87
Valuation Fairly Valued
! 1 Warning Sign
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What is Agnico Eagle Mines ROE % Adjusted to Book Value?

Agnico Eagle Mines HAM:AE9 -3.43% 98 ROE % Adjusted to Book Value is 7.04% as of Mar. 2026. GuruFocus rates HAM:AE9 with a GF Score™ of 98/100 and a GF Value™ of €135.87 (Fairly Valued). The stock has 1 warning sign investors should review.

Agnico Eagle Mines's ROE % for the quarter that ended in Mar. 2026 was 26.75%. Agnico Eagle Mines's PB Ratio for the quarter that ended in Mar. 2026 was 3.80. Agnico Eagle Mines's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 7.04%.


Agnico Eagle Mines ROE % Adjusted to Book Value Related Terms


Agnico Eagle Mines ROE % Adjusted to Book Value Historical Data

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The historical data trend for Agnico Eagle Mines's ROE % Adjusted to Book Value 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.

Agnico Eagle Mines ROE % Adjusted to Book Value Chart

Agnico Eagle Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 4.20 7.78 5.08 5.38

Agnico Eagle Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 6.04 7.29 5.09 7.33 7.04

HAM:AE9 vs NEM, AU, RGLD: ROE % Adjusted to Book Value Comparison

For the Gold subindustry, Agnico Eagle Mines's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's ROE % Adjusted to Book Value falls into.


HAM:AE9
98GF Score
Agnico Eagle Mines Ltd HAM:AE9
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Agnico Eagle Mines ROE % Adjusted to Book Value Calculation

Agnico Eagle Mines's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=18.57% / 3.45
=5.38%

Agnico Eagle Mines's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=26.75% / 3.80
=7.04%

* 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.

What does a ROE % Adjusted to Book Value of 7.04% mean?
Agnico Eagle Mines (HAM:AE9) has a ROE % Adjusted to Book Value of 7.04% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Agnico Eagle Mines and its competitors.
Is Agnico Eagle Mines' ROE % Adjusted to Book Value too high?
Agnico Eagle Mines' current ROE % Adjusted to Book Value is 7.04%. Overall, Agnico Eagle Mines has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' ROE % Adjusted to Book Value compare to NEM and AU?
Agnico Eagle Mines' ROE % Adjusted to Book Value of 7.04% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Metals & Mining company?
A good ROE % Adjusted to Book Value depends on the Metals & Mining industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Agnico Eagle Mines and its competitors. Agnico Eagle Mines's current ROE % Adjusted to Book Value is 7.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Based on GuruFocus' analysis, Agnico Eagle Mines (HAM:AE9) is currently considered Fairly Valued. The stock's GF Value™ is €135.87, compared to a current price of €132.20 — trading 2.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 7.04%. Agnico Eagle Mines' overall GF Score™ is 98/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Agnico Eagle Mines (HAM:AE9), the current ROE % Adjusted to Book Value is 7.04% as of Mar. 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 Agnico Eagle Mines (HAM:AE9) Overvalued in 2026?

Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be undervalued. The current stock price of €132.20 is trading 2.7% below its estimated GF Value™ of €135.87. GuruFocus considers Agnico Eagle Mines to be Fairly Valued.

Key valuation signals for HAM:AE9:

  • ROE % Adjusted to Book Value: 7.04%
  • GF Value™: €135.87 vs. price of €132.20 (2.7% below fair value)
  • GF Score™: 98/100 with 1 warning sign

No single metric tells the full story. See the HAM:AE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. 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.
98GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€132.20
Price
€135.87
GF Value