FNV
Franco-Nevada
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: FNV
- PE Ratio
The current PE ratio for Franco-Nevada stock as of Jul 13, 2026 is 28.2. This is calculated based on the TTM EPS of $7.11 and the stock price of $200.49 per share. The PE ratio has decreased by 28% from its last 4 quarters average of 39.4.
FNV PE ratio history
The average historical PE ratio of Franco-Nevada for the last ten years is 64.08. The current price-to-earnings ratio of 28.2 is 56% less than the historical average. Analyzing the last ten years, FNV's PE ratio reached its highest point in the Sep 2016 quarter at 131.83, when the price was $69.87 and the EPS was $0.53. The lowest point was recorded in the Sep 2022 quarter, when it reached 30.17 with a price of $119.48 and an EPS of $3.96.
Franco-Nevada PE ratio by year
Maximum annual increase: 541.37% in 2013
Maximum annual decrease: -86.4% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 35.92 | -12.33% | $207.28 | $5.77 |
| 2024 | 40.97 | N/A | $117.59 | $2.87 |
| 2023 | N/A | N/A | $110.81 | -$2.43 |
| 2022 | 37.29 | 3.55% | $136.48 | $3.66 |
| 2021 | 36.01 | -50.87% | $138.29 | $3.84 |
| 2020 | 73.29 | 29.83% | $125.33 | $1.71 |
| 2019 | 56.45 | -39.66% | $103.3 | $1.83 |
| 2018 | 93.56 | 24.05% | $70.17 | $0.75 |
| 2017 | 75.42 | -11.66% | $79.95 | $1.06 |
| 2016 | 85.37 | -70.14% | $59.76 | $0.7 |
| 2015 | 285.94 | 312.73% | $45.75 | $0.16 |
| 2014 | 69.28 | -86.4% | $49.19 | $0.71 |
| 2013 | 509.25 | 541.37% | $40.74 | $0.08 |
| 2012 | 79.4 | N/A | $57.17 | $0.72 |
| 2011 | N/A | N/A | $38.07 | -$0.05 |
Franco-Nevada PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 34.75 | -3.26% | $247.05 | $7.11 |
| Dec 2025 | 35.92 | -23.13% | $207.28 | $5.77 |
| Sep 2025 | 46.73 | 16.01% | $222.91 | $4.77 |
| Jun 2025 | 40.28 | -18.2% | $163.92 | $4.07 |
| Mar 2025 | 49.24 | 20.19% | $157.56 | $3.2 |
| Dec 2024 | 40.97 | N/A | $117.59 | $2.87 |
| Sep 2024 | N/A | N/A | $124.25 | -$3.17 |
| Jun 2024 | N/A | N/A | $118.52 | -$3.05 |
| Mar 2024 | N/A | N/A | $119.16 | -$2.5 |
| Dec 2023 | N/A | N/A | $110.81 | -$2.43 |
| Sep 2023 | 37.6 | -8.76% | $133.49 | $3.55 |
| Jun 2023 | 41.21 | -0.22% | $142.6 | $3.46 |
| Mar 2023 | 41.3 | 10.75% | $145.8 | $3.53 |
| Dec 2022 | 37.29 | 23.6% | $136.48 | $3.66 |
| Sep 2022 | 30.17 | -8.05% | $119.48 | $3.96 |
FNV Price vs fair value
FNV 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.
Currently, FNV's PE ratio is under its 3, 5 and 10-year averages.
PE comparison
Franco-Nevada's price to earnings (P/E) of 28.2 is higher than the Basic Materials sector, the industry and its peers average. Looking at the Basic Materials sector average of 20.83, Franco-Nevada's price to earnings (P/E) is 35% higher.
FNV PE vs peers
When compared to its peer stocks NEM and WPM, FNV's PE ratio is higher. Franco-Nevada's PE ratio is trading above the peer average of 16.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KGC Kinross Gold Corp. | 9.95 | $28.04B |
| AGI Alamos Gold Inc. | 11.36 | $12.12B |
| NEM NEWMONT Corp | 12.03 | $99.39B |
| RGLD Royal Gold Inc | 23.37 | $16.42B |
| WPM Wheaton Precious Metals Corp | 27.23 | $48.96B |
| FNV Franco-Nevada Corporation | 28.2 | $38.67B |
Frequently asked questions
What is Franco-Nevada's PE ratio?
FNV's price to earnings ratio is 28.2 as of Jul 13, 2026.
What is the 3-year average PE ratio for Franco-Nevada (FNV)?
The 3-year average PE ratio for FNV stock is 40.78.
What is the 5-year average PE ratio for Franco-Nevada (FNV)?
The 5-year average PE ratio for FNV stock is 38.74.
What is the highest PE ratio for FNV?
Over the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 131.83.
How does the current PE ratio for FNV compare to its historical average?
The current PE ratio of FNV is 56% lower than the 10-year historical average.
How is FNV's PE ratio calculated (Franco-Nevada PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 13, 2026), Franco-Nevada's share price is $200.49. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $7.11. Therefore, Franco-Nevada's price to earnings ratio for today is 28.2. PE RATIO(28.2) = STOCK PRICE($200.49) / TTM EPS($7.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.