B (Barrick Mining) Shiller PE Ratio: 34.93 (As of Sep. 02, 2026) — 24% Below Median

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B Barrick Mining Corp B
89 GF Score
Price $44.36
GF Value $33.55
Valuation Significantly Overvalued
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What is Barrick Mining Shiller PE Ratio?

Barrick Mining B +2.92% 89 Shiller PE Ratio is 34.93 as of Sep. 02, 2026, which is 24% below its 10-year median of 46.13. GuruFocus rates B with a GF Score™ of 89/100 and a GF Value™ of $33.55 (Significantly Overvalued). Among 413 Metals & Mining companies, Barrick Mining ranks worse than 52.06% on this metric.

As of today (2026-09-02), Barrick Mining's current share price is $44.36. Barrick Mining's E10 for the quarter that ended in Jun. 2026 was $1.27. Barrick Mining's Shiller PE Ratio for today is 34.93.

The historical rank and industry rank for Barrick Mining's Shiller PE Ratio or its related term are showing as below:

B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.18   Med: 46.13   Max: 168.86
Current: 34.12

During the past years, Barrick Mining's highest Shiller PE Ratio was 168.86. The lowest was 27.18. And the median was 46.13.

B's Shiller PE Ratio is ranked worse than
52.06% of 413 companies
in the Metals & Mining industry
Industry Median: 31.98 vs B: 34.12

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Barrick Mining's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barrick Mining  (NYSE:B) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Barrick Mining Shiller PE Ratio Related Terms


Barrick Mining Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Barrick Mining's Shiller PE 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.

Barrick Mining Shiller PE Ratio Chart

Barrick Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 173.39 32.67 38.87

Barrick Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 35.77 48.65 38.87 33.35 28.92

B vs NEM, AU, RGLD: Shiller PE Ratio Comparison

For the Gold subindustry, Barrick Mining's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Barrick Mining Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Barrick Mining's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Barrick Mining's Shiller PE Ratio falls into.


B
89GF Score
Barrick Mining Corp B
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barrick Mining Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Barrick Mining's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.36/1.27
=34.93

* 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.

Barrick Mining's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Barrick Mining's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.73/133.5265*133.5265
=0.730

Current CPI (Jun. 2026) = 133.5265.

Barrick Mining Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.150 101.765 0.197
201612 0.360 101.449 0.474
201703 0.580 102.634 0.755
201706 0.930 103.029 1.205
201709 -0.010 103.345 -0.013
201712 -0.270 103.345 -0.349
201803 0.140 105.004 0.178
201806 -0.080 105.557 -0.101
201809 -0.350 105.636 -0.442
201812 -1.020 105.399 -1.292
201903 0.060 106.979 0.075
201906 0.110 107.690 0.136
201909 1.300 107.611 1.613
201912 0.790 107.769 0.979
202003 0.220 107.927 0.272
202006 0.200 108.401 0.246
202009 0.500 108.164 0.617
202012 0.390 108.559 0.480
202103 0.300 110.298 0.363
202106 0.230 111.720 0.275
202109 0.200 112.905 0.237
202112 0.410 113.774 0.481
202203 0.250 117.646 0.284
202206 0.270 120.806 0.298
202209 0.140 120.648 0.155
202212 -0.420 120.964 -0.464
202303 0.070 122.702 0.076
202306 0.170 124.203 0.183
202309 0.210 125.230 0.224
202312 0.270 125.072 0.288
202403 0.170 126.258 0.180
202406 0.210 127.522 0.220
202409 0.280 127.285 0.294
202412 0.570 127.364 0.598
202503 0.270 129.181 0.279
202506 0.470 129.892 0.483
202509 0.760 130.287 0.779
202512 1.420 130.366 1.454
202603 0.960 132.262 0.969
202606 0.730 133.527 0.730

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 34.93 mean?
Barrick Mining (B) has a Shiller PE Ratio of 34.93 as of Sep. 02, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Barrick Mining and its competitors. This is 24% below median its historical median of 46.13. Over the past decade, Barrick Mining's Shiller PE Ratio has ranged from 27.18 to 168.86. According to the industry distribution chart, Barrick Mining ranks #215 out of 413 companies in the Metals & Mining industry, placing it in the top 52.1%.
Is Barrick Mining's Shiller PE Ratio too high?
Barrick Mining's current Shiller PE Ratio of 34.93 is 24% below median its 10-year median of 46.13. Over the past 10 years, this metric has ranged from a low of 27.18 to a high of 168.86. The Metals & Mining industry median Shiller PE Ratio is 31.98. Barrick Mining's value of 34.93 is 9.2% above this industry median. Based on the distribution chart, Barrick Mining ranks #215 out of 413 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Barrick Mining has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Shiller PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Barrick Mining ranks #215 out of 413 companies for Shiller PE Ratio. This places Barrick Mining in the lower half of its industry. The industry median Shiller PE Ratio is 31.98. Barrick Mining's value of 34.93 is 9.2% above this benchmark. Historically, Barrick Mining's own Shiller PE Ratio has ranged from 27.18 to 168.86 over the past decade. While the company's 10-year median is 46.13 vs. the industry median of 31.98, Barrick Mining 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 Shiller PE Ratio for a Metals & Mining company?
The median Shiller PE Ratio among Metals & Mining companies is 31.98, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barrick Mining's current Shiller PE Ratio of 34.93 is 9.2% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Barrick Mining and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 31.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrick Mining's current Shiller PE Ratio is 34.93, which is 24% below median its own 10-year median of 46.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Based on GuruFocus' analysis, Barrick Mining (B) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.55, compared to a current price of $44.36 — trading 32.2% above its estimated fair value. The current Shiller PE Ratio is 34.93, which is 24% below median its 10-year median of 46.13 and 9.2% above the Metals & Mining industry median of 31.98. Barrick Mining's overall GF Score™ is 89/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Barrick Mining (B), the current Shiller PE Ratio is 34.93 as of Sep. 02, 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 Barrick Mining (B) Overvalued in 2026?

Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued. The current stock price of $44.36 is trading 32.2% above its estimated GF Value™ of $33.55. GuruFocus considers Barrick Mining to be Significantly Overvalued.

Key valuation signals for B:

  • Shiller PE Ratio: 34.93 (24% below median its 10-year median of 46.13)
  • GF Value™: $33.55 vs. price of $44.36 (32.2% above fair value)
  • GF Score™: 89/100
  • Industry Position: 9.2% above the Metals & Mining median (#215 of 413)

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


Barrick Mining Business Description

Address 161 Bay Street, Suite 3700, P.O. Box 212, Brookfield Place, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
89GF Score

Get the complete analysis for B

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

$44.36
Price
$33.55
GF Value