Anglogold Ashanti (FRA:HT3) Shiller PE Ratio: 47.37 (As of Aug. 19, 2026) — 53% Below Median

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FRA:HT3 Anglogold Ashanti PLC FRA:HT3
84 GF Score
Price €83.84
GF Value €51.03
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Anglogold Ashanti Shiller PE Ratio?

Anglogold Ashanti FRA:HT3 +0.29% 84 Shiller PE Ratio is 47.37 as of Aug. 19, 2026, which is 53% below its 10-year median of 101.41. GuruFocus rates FRA:HT3 with a GF Score™ of 84/100 and a GF Value™ of €51.03 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 412 Metals & Mining companies, Anglogold Ashanti ranks worse than 68.2% on this metric.

As of today (2026-08-19), Anglogold Ashanti's current share price is €83.84. Anglogold Ashanti's E10 for the quarter that ended in Jun. 2026 was €1.77. Anglogold Ashanti's Shiller PE Ratio for today is 47.37.

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

FRA:HT3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 38.19   Med: 101.41   Max: 2005
Current: 48.7

During the past years, Anglogold Ashanti's highest Shiller PE Ratio was 2005.00. The lowest was 38.19. And the median was 101.41.

FRA:HT3's Shiller PE Ratio is ranked worse than
68.2% of 412 companies
in the Metals & Mining industry
Industry Median: 32.3 vs FRA:HT3: 48.70

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.

Anglogold Ashanti's adjusted earnings per share data for the three months ended in Jun. 2026 was €1.701. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anglogold Ashanti  (FRA:HT3) 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.


Anglogold Ashanti Shiller PE Ratio Related Terms


Anglogold Ashanti Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Shiller PE Ratio Chart

Anglogold Ashanti 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 0.00 0.00 70.70

Anglogold Ashanti Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 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 0.00 0.00 70.70 61.82 40.22

FRA:HT3 vs RGLD, CDE, AUGO: Shiller PE Ratio Comparison

For the Gold subindustry, Anglogold Ashanti'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.


Anglogold Ashanti Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Anglogold Ashanti's Shiller PE Ratio falls into.


FRA:HT3
84GF Score
Anglogold Ashanti PLC FRA:HT3
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anglogold Ashanti 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.

Anglogold Ashanti's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=83.84/1.77
=47.37

* 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.

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

For example, Anglogold Ashanti'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)
=1.701/333.9520*333.9520
=1.701

Current CPI (Jun. 2026) = 333.9520.

Anglogold Ashanti Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.072 236.293 0.102
201406 -0.147 238.343 -0.206
201409 0.078 238.031 0.109
201412 -0.114 234.812 -0.162
201503 0.000 236.119 0.000
201506 -0.312 238.638 -0.437
201509 -0.160 237.945 -0.225
201512 0.147 236.525 0.208
201606 0.000 241.018 0.000
201612 0.000 241.432 0.000
201706 0.000 244.955 0.000
201712 0.000 246.524 0.000
201806 0.000 251.989 0.000
201812 0.000 251.233 0.000
201903 0.106 254.202 0.139
201906 0.133 256.143 0.173
201912 0.000 256.974 0.000
202003 0.362 258.115 0.468
202006 0.533 257.797 0.690
202012 0.000 260.474 0.000
202103 0.403 264.877 0.508
202106 0.315 271.696 0.387
202112 0.000 278.802 0.000
202203 0.381 287.504 0.443
202206 0.284 296.311 0.320
202212 0.000 296.797 0.000
202303 0.149 301.836 0.165
202306 -0.185 305.109 -0.202
202309 -0.497 307.789 -0.539
202312 0.055 306.746 0.060
202403 0.129 312.332 0.138
202406 0.557 314.175 0.592
202409 0.478 315.301 0.506
202412 0.984 315.605 1.041
202503 0.814 319.799 0.850
202506 1.144 322.561 1.184
202509 1.116 324.800 1.147
202512 1.435 324.054 1.479
202603 2.171 330.213 2.196
202606 1.701 333.952 1.701

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 47.37 mean?
Anglogold Ashanti (FRA:HT3) has a Shiller PE Ratio of 47.37 as of Aug. 19, 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 Anglogold Ashanti and its competitors. This is 53% below median its historical median of 101.41. Over the past decade, Anglogold Ashanti's Shiller PE Ratio has ranged from 38.19 to 2,005.00. According to the industry distribution chart, Anglogold Ashanti ranks #281 out of 412 companies in the Metals & Mining industry, placing it in the top 68.2%.
Is Anglogold Ashanti's Shiller PE Ratio too high?
Anglogold Ashanti's current Shiller PE Ratio of 47.37 is 53% below median its 10-year median of 101.41. Over the past 10 years, this metric has ranged from a low of 38.19 to a high of 2,005.00. The Metals & Mining industry median Shiller PE Ratio is 32.30. Anglogold Ashanti's value of 47.37 is 46.7% above this industry median. Based on the distribution chart, Anglogold Ashanti ranks #281 out of 412 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Anglogold Ashanti has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's Shiller PE Ratio compare to RGLD and CDE?
According to the Metals & Mining industry distribution chart, Anglogold Ashanti ranks #281 out of 412 companies for Shiller PE Ratio. This places Anglogold Ashanti in the lower half of its industry. The industry median Shiller PE Ratio is 32.30. Anglogold Ashanti's value of 47.37 is 46.7% above this benchmark. Historically, Anglogold Ashanti's own Shiller PE Ratio has ranged from 38.19 to 2,005.00 over the past decade. While the company's 10-year median is 101.41 vs. the industry median of 32.30, Anglogold Ashanti 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 32.30, based on 412 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. Anglogold Ashanti's current Shiller PE Ratio of 47.37 is 46.7% 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 Anglogold Ashanti and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 32.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anglogold Ashanti's current Shiller PE Ratio is 47.37, which is 53% below median its own 10-year median of 101.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglogold Ashanti stock overvalued right now?
Based on GuruFocus' analysis, Anglogold Ashanti (FRA:HT3) is currently considered Significantly Overvalued. The stock's GF Value™ is €51.03, compared to a current price of €83.84 — trading 64.3% above its estimated fair value. The current Shiller PE Ratio is 47.37, which is 53% below median its 10-year median of 101.41 and 46.7% above the Metals & Mining industry median of 32.30. Anglogold Ashanti's overall GF Score™ is 84/100 with 1 warning sign to review. 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 Anglogold Ashanti (FRA:HT3), the current Shiller PE Ratio is 47.37 as of Aug. 19, 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 Anglogold Ashanti (FRA:HT3) Overvalued in 2026?

Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued. The current stock price of €83.84 is trading 64.3% above its estimated GF Value™ of €51.03. GuruFocus considers Anglogold Ashanti to be Significantly Overvalued.

Key valuation signals for FRA:HT3:

  • Shiller PE Ratio: 47.37 (53% below median its 10-year median of 101.41)
  • GF Value™: €51.03 vs. price of €83.84 (64.3% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 46.7% above the Metals & Mining median (#281 of 412)

No single metric tells the full story. See the FRA:HT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anglogold Ashanti Business Description

Address 6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111
Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia. The company's main product is gold, which once mined, is processed into dore (unrefined gold bars) on site and then dispatched to precious metals refineries. Geographically, Anglogold generates maximum revenue from its operations in Africa (comprising operations at Kibali, Iduapriem, Obuasi, Siguiri, Geita, and Sukari mines), followed by Australia (including Sunrise Dam and Tropicana), and the Americas (comprising Cerro Vanguardia, AngloGold Ashanti Mineracao, and Serra Grande operations).
84GF Score

Get the complete analysis for FRA:HT3

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

€83.84
Price
€51.03
GF Value