LUGDF (Lundin Gold) Shiller PE Ratio: 90.14 (As of Aug. 13, 2026) — 55% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LUGDF Lundin Gold Inc LUGDF
86 GF Score
Price $64.90
GF Value $49.29
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Lundin Gold Shiller PE Ratio?

Lundin Gold LUGDF -1.53% 86 Shiller PE Ratio is 90.14 as of Aug. 13, 2026, which is 55% below its 10-year median of 198.22. GuruFocus rates LUGDF with a GF Score™ of 86/100 and a GF Value™ of $49.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 409 Metals & Mining companies, Lundin Gold ranks worse than 83.62% on this metric.

As of today (2026-08-13), Lundin Gold's current share price is $64.90. Lundin Gold's E10 for the quarter that ended in Jun. 2026 was $0.72. Lundin Gold's Shiller PE Ratio for today is 90.14.

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

LUGDF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 75.31   Med: 198.22   Max: 471.42
Current: 88.9

During the past years, Lundin Gold's highest Shiller PE Ratio was 471.42. The lowest was 75.31. And the median was 198.22.

LUGDF's Shiller PE Ratio is ranked worse than
83.62% of 409 companies
in the Metals & Mining industry
Industry Median: 32.12 vs LUGDF: 88.90

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.

Lundin Gold's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lundin Gold  (OTCPK:LUGDF) 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.


Lundin Gold Shiller PE Ratio Related Terms


Lundin Gold Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Lundin Gold'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.

Lundin Gold Shiller PE Ratio Chart

Lundin Gold 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 0.00 204.13 159.94

Lundin Gold 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 179.34 164.75 159.94 116.36 74.69

LUGDF vs NEM, AU: Shiller PE Ratio Comparison

For the Gold subindustry, Lundin Gold'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.


Lundin Gold Shiller PE Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Lundin Gold's Shiller PE Ratio falls into.


LUGDF
86GF Score
Lundin Gold Inc LUGDF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lundin Gold 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.

Lundin Gold's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=64.90/0.72
=90.14

* 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.

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

For example, Lundin Gold'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)
=0.91/133.5265*133.5265
=0.910

Current CPI (Jun. 2026) = 133.5265.

Lundin Gold Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.100 101.765 -0.131
201612 -0.210 101.449 -0.276
201703 -0.050 102.634 -0.065
201706 0.010 103.029 0.013
201709 -0.130 103.345 -0.168
201712 -0.170 103.345 -0.220
201803 -0.200 105.004 -0.254
201806 0.090 105.557 0.114
201809 0.030 105.636 0.038
201812 -0.130 105.399 -0.165
201903 -0.040 106.979 -0.050
201906 -0.140 107.690 -0.174
201909 -0.180 107.611 -0.223
201912 -0.190 107.769 -0.235
202003 -0.040 107.927 -0.049
202006 -0.290 108.401 -0.357
202009 0.120 108.164 0.148
202012 -0.010 108.559 -0.012
202103 0.370 110.298 0.448
202106 0.210 111.720 0.251
202109 0.240 112.905 0.284
202112 0.120 113.774 0.141
202203 0.100 117.646 0.113
202206 0.240 120.806 0.265
202209 0.260 120.648 0.288
202212 -0.290 120.964 -0.320
202303 0.220 122.702 0.239
202306 0.260 124.203 0.280
202309 0.220 125.230 0.235
202312 0.050 125.072 0.053
202403 0.170 126.258 0.180
202406 0.490 127.522 0.513
202409 0.560 127.285 0.587
202412 0.530 127.364 0.556
202503 0.630 129.181 0.651
202506 0.810 129.892 0.833
202509 0.860 130.287 0.881
202512 0.970 130.366 0.994
202603 1.130 132.262 1.141
202606 0.910 133.527 0.910

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 90.14 mean?
Lundin Gold (LUGDF) has a Shiller PE Ratio of 90.14 as of Aug. 13, 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 Lundin Gold and its competitors. This is 55% below median its historical median of 198.22. Over the past decade, Lundin Gold's Shiller PE Ratio has ranged from 75.31 to 471.42. According to the industry distribution chart, Lundin Gold ranks #342 out of 409 companies in the Metals & Mining industry, placing it in the top 83.6%.
Is Lundin Gold's Shiller PE Ratio too high?
Lundin Gold's current Shiller PE Ratio of 90.14 is 55% below median its 10-year median of 198.22. Over the past 10 years, this metric has ranged from a low of 75.31 to a high of 471.42. The Metals & Mining industry median Shiller PE Ratio is 32.12. Lundin Gold's value of 90.14 is 180.6% above this industry median. Based on the distribution chart, Lundin Gold ranks #342 out of 409 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lundin Gold has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Gold's Shiller PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lundin Gold ranks #342 out of 409 companies for Shiller PE Ratio. This places Lundin Gold in the lower half of its industry. The industry median Shiller PE Ratio is 32.12. Lundin Gold's value of 90.14 is 180.6% above this benchmark. Historically, Lundin Gold's own Shiller PE Ratio has ranged from 75.31 to 471.42 over the past decade. While the company's 10-year median is 198.22 vs. the industry median of 32.12, Lundin Gold 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 32.12, based on 409 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. Lundin Gold's current Shiller PE Ratio of 90.14 is 180.6% 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 Lundin Gold and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 32.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lundin Gold's current Shiller PE Ratio is 90.14, which is 55% below median its own 10-year median of 198.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Gold stock overvalued right now?
Based on GuruFocus' analysis, Lundin Gold (LUGDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $49.29, compared to a current price of $64.90 — trading 31.7% above its estimated fair value. The current Shiller PE Ratio is 90.14, which is 55% below median its 10-year median of 198.22 and 180.6% above the Metals & Mining industry median of 32.12. Lundin Gold's overall GF Score™ is 86/100 with 2 warning signs 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 Lundin Gold (LUGDF), the current Shiller PE Ratio is 90.14 as of Aug. 13, 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 Lundin Gold (LUGDF) Overvalued in 2026?

Based on GuruFocus' analysis, Lundin Gold stock appears to be overvalued. The current stock price of $64.90 is trading 31.7% above its estimated GF Value™ of $49.29. GuruFocus considers Lundin Gold to be Significantly Overvalued.

Key valuation signals for LUGDF:

  • Shiller PE Ratio: 90.14 (55% below median its 10-year median of 198.22)
  • GF Value™: $49.29 vs. price of $64.90 (31.7% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 180.6% above the Metals & Mining median (#342 of 409)

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


Lundin Gold Business Description

Address 1055 Dunsmuir Street, Suite 2800, Four Bentall Centre, Po Box 49225, Vancouver, BC, CAN, V7X 1L2
Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador. The company[s primary business activity is the Fruta del Norte operating mine in Ecuador which derives majority of its revenues.
86GF Score

Get the complete analysis for LUGDF

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

$64.90
Price
$49.29
GF Value