Agnico Eagle Mines currently trades with a PE to growth ratio of 0.11, based on Jul 2, 2026 data. Dividing the 14.43 PE ratio by the 126.3% earnings growth rate produces this figure. The PEG ratio remains largely unchanged from its 4-quarter trailing average.
Historically, Agnico Eagle Mines has a PEG ratio averaging 0.75 across the last ten years. At 0.11, today's PEG ratio sits 85% less than its historical average. The ten years high came in the Sep 2021 quarter at 6.28, reflecting peak valuation relative to growth. The bottom was reached in the Sep 2023 quarter at 0.03, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.14 | 19.07 | 134.6% |
| 2024 | N/A | 20.64 | -4.5% |
| 2023 | 0.09 | 13.82 | 159.5% |
| 2022 | N/A | 33.98 | -33.8% |
| 2021 | 2.56 | 23 | 9% |
| 2020 | 5.54 | 33.26 | 6% |
| 2019 | 0.13 | 30.81 | 242.9% |
| 2018 | N/A | N/A | -233.3% |
| 2017 | 0.92 | 43.98 | 47.9% |
| 2016 | 0.11 | 59.15 | 545.5% |
| 2015 | N/A | 238.91 | -74.4% |
| 2014 | 0.52 | 57.88 | 110.8% |
| 2013 | N/A | N/A | -318.1% |
| 2012 | 0.19 | 28.82 | 154.2% |
| 2011 | N/A | N/A | -263.9% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.15 | 19.04 | 126.3% |
| Dec 2025 | 0.14 | 19.07 | 134.6% |
| Sep 2025 | 0.1 | 24.57 | 244.7% |
| Jun 2025 | 0.05 | 20.19 | 386.8% |
| Mar 2025 | 0.06 | 23.02 | 412% |
| Dec 2024 | N/A | 20.64 | -4.5% |
| Sep 2024 | N/A | 40.48 | -62.5% |
| Jun 2024 | N/A | 54.05 | -76.3% |
| Mar 2024 | N/A | 64.84 | -81.9% |
| Dec 2023 | 0.09 | 13.82 | 159.5% |
| Sep 2023 | 0.03 | 8.56 | 249.3% |
| Jun 2023 | 0.06 | 9.78 | 174.7% |
| Mar 2023 | 0.07 | 10.01 | 150.7% |
| Dec 2022 | N/A | 33.98 | -33.8% |
| Sep 2022 | N/A | 27.78 | -44.7% |
AEM's PEG ratio today sits above the 3-year average, but it is lower than the 5 and 10-year averages.
Agnico Eagle Mines's PEG of 0.11 is lower than the Basic Materials sector, the industry and its peers average. Looking at the Basic Materials sector average of 0.44, Agnico Eagle Mines's PEG is 75% lower.
Relative to its peers, AEM's PEG ratio is lower than NEM's and IAG's yet above KGC's. Agnico Eagle Mines's PEG ratio of 0.11 is below the peer average of 0.2.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| KGC Kinross Gold Corp. | 0.07 | $29.51B |
| AEM Agnico Eagle Mines Ltd | 0.11 | $76.94B |
| EGO Eldorado Gold Corp. | 0.15 | $6.6B |
| NEM NEWMONT Corp | 0.17 | $103.6B |
| IAG Iamgold Corp. | 0.39 | $9.79B |
AEM's Jul 2, 2026 PEG ratio comes in at 0.11.
AEM's 3-year PEG ratio average is 0.09.
AEM's 5-year PEG ratio average is 0.87.
In the last ten years, AEM's peak PEG ratio of 6.28 occurred in the Sep 2021 quarter.
Compared to the 10-year average, AEM's PEG ratio stands 85% lower.
Strong earnings growth relative to valuation results in AEM's low PEG ratio of 0.11.
PEG equals PE divided by earnings per share growth (YoY TTM). As of Jul 2, 2026, Agnico Eagle Mines has a PE ratio of 14.43. Earnings grew at 126.3% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.11. PEG RATIO(0.11) = PE RATIO(14.43) / EPS GROWTH(126.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.