Pan American Silver currently trades with a PEG ratio of 0.12, based on Aug 21, 2026 data. Dividing the 15.98 PE ratio by the 129.0% earnings growth rate produces this figure. Relative to the 0.06 average from the past four quarters, the PEG ratio has surged by 118%.
Historically, Pan American Silver has a PEG ratio averaging 0.32 across the last ten years. At 0.12, today's PEG ratio sits 63% less than its historical average. The ten years high came in the Jun 2020 quarter at 1.32, reflecting peak valuation relative to growth. The bottom was reached in the Sep 2025 quarter at 0.02, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.03 | 20.24 | 725.8% |
| 2024 | 0.33 | 65.23 | 196.9% |
| 2023 | N/A | N/A | 80.2% |
| 2022 | N/A | N/A | -452.2% |
| 2021 | N/A | 54.28 | -45.9% |
| 2020 | 0.74 | 40.6 | 54.5% |
| 2019 | 0.06 | 43.07 | 685.7% |
| 2018 | N/A | 208.57 | -91.1% |
| 2017 | 1 | 19.7 | 19.7% |
| 2016 | 0.16 | 22.83 | 144.3% |
| 2015 | N/A | N/A | 58.6% |
| 2014 | N/A | N/A | -22.4% |
| 2013 | N/A | N/A | -625% |
| 2012 | N/A | 33.45 | -83.1% |
| 2011 | 0 | 6.59 | 2,446.2% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.1 | 13.49 | 129% |
| Mar 2026 | 0.07 | 17.51 | 258.6% |
| Dec 2025 | 0.03 | 20.24 | 725.8% |
| Sep 2025 | 0.02 | 22.26 | 1,123.5% |
| Jun 2025 | 0.04 | 19.59 | 481.6% |
| Mar 2025 | 0.1 | 29.69 | 312.2% |
| Dec 2024 | 0.33 | 65.23 | 196.9% |
| Sep 2024 | N/A | N/A | 80.7% |
| Jun 2024 | N/A | N/A | 67.5% |
| Mar 2024 | N/A | N/A | 78.5% |
| Dec 2023 | N/A | N/A | 80.2% |
| Sep 2023 | N/A | N/A | -17.3% |
| Jun 2023 | N/A | N/A | -277.4% |
| Mar 2023 | N/A | N/A | -322.1% |
| Dec 2022 | N/A | N/A | -452.2% |
PAAS's PEG ratio today sits above the 3 and 5-year averages, but it is lower than the 10-year average.
Pan American Silver's PEG of 0.12 is lower than the Basic Materials sector and the industry average. Looking at the Basic Materials sector average of 0.27, Pan American Silver's PEG is 56% lower.
Compared to its peers, PAAS has a PEG ratio lower than stock HL, while greater than CDE's.
PAAS has a PEG ratio of 0.12, per Aug 21, 2026 data.
Historical data over a 3-year period puts PAAS's average PEG ratio at 0.1.
Historical data over a 5-year period puts PAAS's average PEG ratio at 0.09.
The Jun 2020 quarter marked the ten years high at 1.32 for PAAS's PEG ratio.
Compared to the 10-year average, PAAS's PEG ratio stands 63% lower.
At 0.12, PAAS's PEG ratio suggests the stock may be undervalued given its growth rate.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Aug 21, 2026, Pan American Silver has a PE ratio of 15.98. Earnings grew at 129.0% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 0.12. PEG RATIO(0.12) = PE RATIO(15.98) / EPS GROWTH(129.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.