RGLD
Royal Gold
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NASDAQ: RGLD
- PE Ratio
As at Jun 22, 2026, the RGLD stock has a PE ratio of 25.92. This is based on the current EPS of $8.28 and the stock price of $214.65 per share. A decrease of 12% has been recorded in the PE ratio compared to the average of 29.4 of the last four quarters.
RGLD PE ratio history
The mean historical PE ratio of Royal Gold over the last ten years is 47.3. The current 25.92 P/E ratio is 45% lower than the historical average. In the past ten years, RGLD's PE ratio peaked in the Dec 2016 quarter at 372.65, with a price of $63.35 and an EPS of $0.17. The Sep 2021 quarter marked the lowest point at 23.58, with a price of $95.49 and an EPS of $4.05.
Royal Gold PE ratio by year
Maximum annual increase: 105.39% in 2014
Maximum annual decrease: -53.65% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 33.18 | 26.83% | $222.29 | $6.7 |
| 2024 | 26.16 | -21.28% | $131.85 | $5.04 |
| 2023 | 33.23 | 7.3% | $120.96 | $3.64 |
| 2022 | 30.97 | 25.13% | $112.72 | $3.64 |
| 2021 | 24.75 | -39.47% | $114.1 | $4.61 |
| 2020 | 40.89 | -42.95% | $124.32 | $3.04 |
| 2019 | 71.67 | N/A | $102.49 | $1.43 |
| 2018 | N/A | N/A | $92.84 | -$1.73 |
| 2017 | 50.43 | N/A | $78.17 | $1.55 |
| 2016 | N/A | N/A | $72.02 | -$1.18 |
| 2015 | 76.99 | -2.91% | $61.59 | $0.8 |
| 2014 | 79.3 | 105.39% | $76.13 | $0.96 |
| 2013 | 38.61 | -20.72% | $42.08 | $1.09 |
| 2012 | 48.7 | 7.27% | $78.4 | $1.61 |
| 2011 | 45.4 | -53.65% | $58.57 | $1.29 |
Royal Gold PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 30.74 | -7.35% | $254.49 | $8.28 |
| Dec 2025 | 33.18 | 20.44% | $222.29 | $6.7 |
| Sep 2025 | 27.55 | 5.64% | $200.58 | $7.28 |
| Jun 2025 | 26.08 | -3.66% | $177.84 | $6.82 |
| Mar 2025 | 27.07 | 3.48% | $163.51 | $6.04 |
| Dec 2024 | 26.16 | -18.71% | $131.85 | $5.04 |
| Sep 2024 | 32.18 | -6.15% | $140.3 | $4.36 |
| Jun 2024 | 34.29 | -4.56% | $125.16 | $3.65 |
| Mar 2024 | 35.93 | 8.13% | $121.81 | $3.39 |
| Dec 2023 | 33.23 | 10.95% | $120.96 | $3.64 |
| Sep 2023 | 29.95 | -8.66% | $106.33 | $3.55 |
| Jun 2023 | 32.79 | -8.74% | $114.78 | $3.5 |
| Mar 2023 | 35.93 | 16.02% | $129.71 | $3.61 |
| Dec 2022 | 30.97 | 26.1% | $112.72 | $3.64 |
| Sep 2022 | 24.56 | -3.61% | $93.82 | $3.82 |
RGLD Price vs fair value
RGLD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of RGLD is lower than the 3, 5 and 10-year averages.
PE comparison
Royal Gold's P/E of 25.92 is above the Basic Materials sector and the industry average. In comparison with its Basic Materials sector average of 21.67, Royal Gold's P/E is 20% higher.
RGLD PE vs peers
In comparison to its peer stocks NEM and CDE, RGLD's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NEM NEWMONT Corp | 13.15 | $108.68B |
| CDE Coeur Mining Inc | 14.2 | $18.07B |
| RGLD Royal Gold Inc | 25.92 | $18.22B |
Frequently asked questions
What is Royal Gold's PE ratio?
The price to earnings ratio for RGLD stock is 25.92 as of Jun 22, 2026.
What is the 3-year average PE ratio for Royal Gold (RGLD)?
The 3-year average price to earnings ratio for RGLD stock is 30.76.
What is the 5-year average PE ratio for Royal Gold (RGLD)?
The 5-year average price to earnings ratio for RGLD stock is 29.6.
What is the highest PE ratio for RGLD?
The highest quarterly PE ratio in the last ten years has been 372.65 and it was in the Dec 2016 quarter.
How does the current PE ratio for RGLD compare to its historical average?
RGLD's current price to earnings ratio is 45% below its 10-year historical average.
How is RGLD's PE ratio calculated (Royal Gold PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 22, 2026), Royal Gold's stock price is $214.65. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $8.28. Therefore, Royal Gold's PE ratio for today is 25.92. PE RATIO(25.92) = STOCK PRICE($214.65) / TTM EPS($8.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.