MUX
McEwen Mining
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: MUX
- PE Ratio
As of Jun 16, 2026, the MUX stock has a PE ratio of 15.38. The calculation is based on the latest EPS of $1.32 and the stock price of $20.3 per share.
MUX PE ratio history
The mean historical PE ratio of McEwen Mining over the last ten years is 66.2. The current 15.38 P/E ratio is 77% lower than the historical average. Looking back at the last ten years, MUX's PE ratio peaked in the Mar 2017 quarter at 304, with a price of $30.4 and an EPS of $0.1. The Sep 2024 quarter marked the lowest point at 4.23, with a price of $9.3 and an EPS of $2.2.
McEwen Mining PE ratio by year
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 28.92 | N/A | $18.51 | $0.64 |
| 2024 | N/A | N/A | $7.78 | -$0.86 |
| 2023 | 6.22 | N/A | $7.21 | $1.16 |
| 2022 | N/A | N/A | $5.86 | -$1.71 |
| 2021 | N/A | N/A | $8.87 | -$1.25 |
| 2020 | N/A | N/A | $9.85 | -$3.78 |
| 2019 | N/A | N/A | $12.7 | -$1.7 |
| 2018 | N/A | N/A | $18.2 | -$1.3 |
| 2017 | N/A | N/A | $22.8 | -$0.3 |
| 2016 | 41.57 | N/A | $29.1 | $0.7 |
| 2015 | N/A | N/A | $10.6 | -$0.7 |
| 2014 | N/A | N/A | $11.1 | -$10.5 |
| 2013 | N/A | N/A | $19.6 | -$5 |
| 2012 | N/A | N/A | $38.3 | -$2.6 |
| 2011 | N/A | N/A | $33.6 | -$4.2 |
McEwen Mining PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 15.47 | -46.51% | $20.42 | $1.32 |
| Dec 2025 | 28.92 | N/A | $18.51 | $0.64 |
| Sep 2025 | N/A | N/A | $17.1 | -$0.23 |
| Jun 2025 | N/A | N/A | $9.61 | -$0.26 |
| Mar 2025 | N/A | N/A | $7.55 | -$0.58 |
| Dec 2024 | N/A | N/A | $7.78 | -$0.86 |
| Sep 2024 | 4.23 | -14.72% | $9.3 | $2.2 |
| Jun 2024 | 4.96 | -17.06% | $9.18 | $1.85 |
| Mar 2024 | 5.98 | -3.86% | $9.86 | $1.65 |
| Dec 2023 | 6.22 | N/A | $7.21 | $1.16 |
| Sep 2023 | N/A | N/A | $6.5 | -$2.54 |
| Jun 2023 | N/A | N/A | $7.19 | -$2.37 |
| Mar 2023 | N/A | N/A | $8.47 | -$2.17 |
| Dec 2022 | N/A | N/A | $5.86 | -$1.71 |
| Sep 2022 | N/A | N/A | $3.26 | -$1.39 |
MUX Price vs fair value
MUX 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, MUX's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
PE comparison
McEwen Mining's price to earnings (P/E) of 15.38 is lower than the Basic Materials sector, the industry and its peers average. In comparison with the Basic Materials sector average of 21.86, McEwen Mining's price to earnings (P/E) is 30% lower.
MUX PE vs peers
In comparison to its peers PAAS and HL, MUX's PE ratio is lower, but it is higher than EGO's. McEwen Mining's PE ratio is trading below the peer average of 23.87.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EGO Eldorado Gold Corp. | 12.24 | $6.79B |
| MUX McEwen Mining Inc | 15.38 | $1.21B |
| PAAS Pan American Silver Corp | 16.64 | $21.88B |
| GORO Gold Resource Corp | 25.8 | $208.83M |
| HL Hecla Mining Co | 40.78 | $11.21B |
Frequently asked questions
What is McEwen Mining's PE ratio?
MUX stock has a price to earnings ratio of 15.38 as of Jun 16, 2026.
What is the 3-year average PE ratio for McEwen Mining (MUX)?
The 3-year average price to earnings ratio for MUX stock is 10.96.
What is the 5-year average PE ratio for McEwen Mining (MUX)?
The 5-year average price to earnings ratio for MUX stock is 10.96.
What is the highest PE ratio for MUX?
Over the last ten years, the quarterly PE ratio reached its highest level at 304 in the Mar 2017 quarter.
How does the current PE ratio for MUX compare to its historical average?
MUX's current price to earnings ratio is 77% below its 10-year historical average.
How is MUX's PE ratio calculated (McEwen Mining PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 16, 2026), McEwen Mining's share price is $20.3. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.32. Therefore, McEwen Mining's PE ratio for today is 15.38. PE RATIO(15.38) = STOCK PRICE($20.3) / TTM EPS($1.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.