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 Nov 5, 2025 is 39.35. This is calculated based on the TTM EPS of $4.77 and the stock price of $187.72 per share. The PE ratio has decreased by 11% from its last 4 quarters average of 44.3.
FNV PE ratio history
The average historical PE ratio of Franco-Nevada for the last ten years is 82.64. The current price-to-earnings ratio of 39.35 is 52% less than the historical average. Analyzing the last ten years, FNV's PE ratio reached its highest point in the Dec 2015 quarter at 285.94, when the price was $45.75 and the EPS was $0.16. 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 |
|---|---|---|---|---|
| 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 |
| 2010 | 60.65 | 71.09% | $33.36 | $0.55 |
Franco-Nevada PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | 32.81 | -19.78% | $131.58 | $4.01 |
| Mar 2022 | 40.9 | 13.58% | $159.52 | $3.9 |
FNV Price vs fair value
FNV average PE ratio chart
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 39.35 is higher than the Basic Materials sector, the industry and its peers average. Looking at the Basic Materials sector average of 22.74, Franco-Nevada's price to earnings (P/E) is 73% higher.
FNV PE vs peers
When compared to its peer WPM, FNV's PE ratio is lower, but it is higher than NEM's and KGC's. Franco-Nevada's PE ratio is trading above the peer average of 26.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NEM NEWMONT Corp | 12.68 | $89.08B |
| KGC Kinross Gold Corp. | 16.83 | $29.12B |
| NGD New Gold Inc | 20.61 | $5.38B |
| AGI Alamos Gold Inc. | 24.02 | $13.03B |
| RGLD Royal Gold Inc | 25.41 | $11.41B |
| FNV Franco-Nevada Corporation | 39.35 | $36.19B |
| WPM Wheaton Precious Metals Corp | 55.46 | $43.78B |
Frequently asked questions
What is Franco-Nevada's PE ratio?
FNV's price to earnings ratio is 39.35 as of Nov 5, 2025.
What is the 3-year average PE ratio for Franco-Nevada (FNV)?
The 3-year average PE ratio for FNV stock is 41.83.
What is the 5-year average PE ratio for Franco-Nevada (FNV)?
The 5-year average PE ratio for FNV stock is 41.54.
What is the highest PE ratio for FNV?
Over the last ten years, the Dec 2015 quarter recorded the highest quarterly PE ratio at 285.94.
How does the current PE ratio for FNV compare to its historical average?
The current PE ratio of FNV is 52% 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 (Nov 5, 2025), Franco-Nevada's share price is $187.72. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $4.77. Therefore, Franco-Nevada's price to earnings ratio for today is 39.35. PE RATIO(39.35) = STOCK PRICE($187.72) / TTM EPS($4.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.