Question 1

What is Agnico Eagle Mines's P/E ratio?

Accepted Answer

Agnico Eagle Mines (AEM) P/E ratio is 13.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Agnico Eagle Mines?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Agnico Eagle Mines specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

Is Agnico Eagle Mines's P/E ratio high or low?

Accepted Answer

Agnico Eagle Mines's P/E ratio of 13.8× is below its own 5-year average of 27.1× and below the sector median of 21.4×. That places the current reading at the 19th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Agnico Eagle Mines's historical P/E ratio range?

Accepted Answer

In the available daily series, Agnico Eagle Mines (AEM) P/E ratio has ranged from a low of 8.9× in 2024 to a high of 7221.3× in 2003. The 5-year average is 27.1× and the 5-year median is 21.9×.

Question 7

What was Agnico Eagle Mines's P/E ratio in 2025?

Accepted Answer

Agnico Eagle Mines (AEM) P/E ratio at the end of 2025 was 19.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Agnico Eagle Mines's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$84.9B	$4.46B	19.0×	-1.7×	Dec 31, 2025
2024	$39.2B	$1.9B	20.7×	+6.6×	Dec 31, 2024
2023	$27.2B	$1.93B	14.1×	—	Dec 31, 2023
2021	$13B	$563M	23.1×	-10.4×	Dec 31, 2021
2020	$17.1B	$512M	33.4×	+2.3×	Dec 31, 2020
2019	$14.7B	$473M	31.2×	—	Dec 31, 2019
2018	$9.46B	-$327M	—	—	Dec 31, 2018
2017	$10.8B	$238M	45.5×	-14.0×	Dec 31, 2017
2016	$9.44B	$159M	59.4×	-173.1×	Dec 31, 2016
2015	$5.72B	$24.6M	232.5×	+168.8×	Dec 31, 2015
2014	$5.29B	$83M	63.7×	—	Dec 31, 2014
2013	$4.58B	-$379M	—	—	Dec 31, 2013
2012	$9.01B	$311M	29.0×	—	Dec 31, 2012
2011	$6.15B	-$569M	—	—	Dec 31, 2011
2010	$12.7B	$332M	38.2×	-59.1×	Dec 31, 2010
2009	$8.43B	$86.5M	97.4×	-7.8×	Dec 31, 2009
2008	$7.7B	$73.2M	105.2×	+51.1×	Dec 31, 2008
2007	$7.54B	$139M	54.1×	+23.9×	Dec 31, 2007
2006	$4.87B	$161M	30.2×	-16.4×	Dec 31, 2006
2005	$1.73B	$37M	46.7×	+22.2×	Dec 31, 2005
2004	$1.17B	$47.9M	24.5×	—	Dec 31, 2004
2003	$1.02B	-$16.1M	—	—	Dec 31, 2003
2002	$1.01B	$4.02M	252.3×	—	Dec 31, 2002


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Vulcan Materials (VMC)	32.1×
Freeport-McMoRan (FCX)	31.1×
Builders FirstSource (BLDR)	31.0×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
Avient (AVNT)	21.1×
Steel Dynamics (STLD)	20.6×
H.B. Fuller (FUL)	18.8×
Nucor (NUE)	16.9×
PPG Industries (PPG)	15.1×
Martin Marietta Materials (MLM)	14.0×
CRH (CRH)	13.9×
Newmont (NEM)	13.9×
CF Industries Holdings (CF)	11.4×
Mosaic (MOS)	11.1×

P/E Ratio for Agnico Eagle Mines (AEM) 2002-2026

P/E Ratio daily chart for Agnico Eagle Mines (AEM)

Historical P/E Ratio for Agnico Eagle Mines (AEM) from 2002 to 2025

About P/E Ratio at Agnico Eagle Mines (AEM)

Agnico Eagle Mines P/E Ratio by Year

Agnico Eagle Mines P/E Ratio 2025: 19.0×

Agnico Eagle Mines P/E Ratio 2024: 20.7×

Agnico Eagle Mines P/E Ratio 2023: 14.1×

Agnico Eagle Mines P/E Ratio 2021: 23.1×

Agnico Eagle Mines P/E Ratio 2020: 33.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Agnico Eagle Mines (AEM) Key Financials