FSM
Fortuna Silver Mines
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: FSM
- PE Ratio
As of Jun 5, 2026, the Fortuna Silver Mines stock's PE ratio is 7.9. This takes into account the latest EPS of $1.1 and stock price of $8.69. The PE ratio has decreased by 29% from its last 4 quarters average of 11.1.
FSM PE ratio history
The PE ratio of Fortuna Silver Mines has averaged 39.39 over the last ten years. The current price-to-earnings ratio of 7.9 is 80% less than the historical average. Analyzing the last ten years, FSM's PE ratio reached its highest point in the Jun 2020 quarter at 509, when the price was $5.09 and the EPS was $0.01. The lowest point was recorded in the Mar 2026 quarter, when it reached 9.03 with a price of $9.93 and an EPS of $1.1.
Fortuna Silver Mines PE ratio by year
Maximum annual increase: 152.46% in 2020
Maximum annual decrease: -76.34% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 10.44 | 2.25% | $9.81 | $0.94 |
| 2024 | 10.21 | N/A | $4.29 | $0.42 |
| 2023 | N/A | N/A | $3.86 | -$0.17 |
| 2022 | N/A | N/A | $3.75 | -$0.44 |
| 2021 | 16.25 | -76.34% | $3.9 | $0.24 |
| 2020 | 68.67 | 152.46% | $8.24 | $0.12 |
| 2019 | 27.2 | 56.95% | $4.08 | $0.15 |
| 2018 | 17.33 | 39.42% | $3.64 | $0.21 |
| 2017 | 12.43 | -71.4% | $5.22 | $0.42 |
| 2016 | 43.46 | N/A | $5.65 | $0.13 |
| 2015 | N/A | N/A | $2.25 | -$0.08 |
| 2014 | 37.92 | N/A | $4.55 | $0.12 |
| 2013 | N/A | N/A | $2.87 | -$0.15 |
| 2012 | 16.68 | -51.38% | $4.17 | $0.25 |
| 2011 | 34.31 | 7.45% | $5.49 | $0.16 |
Fortuna Silver Mines PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 9.03 | -13.51% | $9.93 | $1.1 |
| Dec 2025 | 10.44 | -12.64% | $9.81 | $0.94 |
| Sep 2025 | 11.95 | -6.79% | $8.96 | $0.75 |
| Jun 2025 | 12.82 | 9.29% | $6.54 | $0.51 |
| Mar 2025 | 11.73 | 14.89% | $6.1 | $0.52 |
| Dec 2024 | 10.21 | -84.56% | $4.29 | $0.42 |
| Sep 2024 | 66.14 | N/A | $4.63 | $0.07 |
| Jun 2024 | N/A | N/A | $4.89 | $0 |
| Mar 2024 | N/A | N/A | $3.73 | -$0.12 |
| Dec 2023 | N/A | N/A | $3.86 | -$0.17 |
| Sep 2023 | N/A | N/A | $2.72 | -$0.38 |
| Jun 2023 | N/A | N/A | $3.24 | -$0.48 |
| Mar 2023 | N/A | N/A | $3.82 | -$0.48 |
| Dec 2022 | N/A | N/A | $3.75 | -$0.44 |
| Sep 2022 | 18 | -4.91% | $2.52 | $0.14 |
FSM Price vs fair value
FSM 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.
FSM's current PE ratio is under its 3, 5 and 10-year averages.
PE comparison
Fortuna Silver Mines's price to earnings (P/E) of 7.9 is lower than the Basic Materials sector and the industry average. Looking at the Basic Materials sector average of 20.33, Fortuna Silver Mines's price to earnings (P/E) is 61% lower.
Frequently asked questions
What is Fortuna Silver Mines's PE ratio?
As of Jun 5, 2026, FSM stock has a price to earnings ratio of 7.9.
What is the 3-year average PE ratio for Fortuna Silver Mines (FSM)?
The 3-year average PE ratio for FSM stock is 18.9.
What is the 5-year average PE ratio for Fortuna Silver Mines (FSM)?
The 5-year average PE ratio for FSM stock is 17.53.
What is the highest PE ratio for FSM?
Over the last ten years, the quarterly PE ratio reached its highest level at 509 in the Jun 2020 quarter.
How does the current PE ratio for FSM compare to its historical average?
FSM's price to earnings ratio is currently 80% below its 10-year historical average.
Why is Fortuna Silver Mines's PE ratio so low?
FSM's PE ratio of 7.9 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is FSM's PE ratio calculated (Fortuna Silver Mines PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 5, 2026), Fortuna Silver Mines's share price is $8.69. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.1. Therefore, Fortuna Silver Mines's price to earnings ratio for today is 7.9. PE RATIO(7.9) = STOCK PRICE($8.69) / TTM EPS($1.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.