The price-to-earnings ratio for Wheaton Precious Metals stock stands at 55.46 as of Nov 5, 2025. This results from the current EPS of $1.74 and stock price of $96.5. An increase of 10% has been recorded in the P/E ratio compared to the average of 50.4 of the last 4 quarters.
Over the last nine years, the average PE ratio of Wheaton Precious Metals has been 73.7. The current 55.46 PE ratio is 25% below the historical average. In the past nine years, WPM's PE ratio was at its highest in the Sep 2019 quarter at 874.67, with a price of $26.24 and an EPS of $0.03. The Sep 2022 quarter recorded the bottom point at 18.39, with a price of $32.36 and an EPS of $1.76.
Maximum annual increase: 669.81% in 2019
Maximum annual decrease: -88.05% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 48.07 | 15.94% | $56.24 | $1.17 |
| 2023 | 41.46 | 56.99% | $49.34 | $1.19 |
| 2022 | 26.41 | 3.37% | $39.08 | $1.48 |
| 2021 | 25.55 | -30.83% | $42.93 | $1.68 |
| 2020 | 36.94 | -76.41% | $41.74 | $1.13 |
| 2019 | 156.58 | 669.81% | $29.75 | $0.19 |
| 2018 | 20.34 | -88.05% | $19.53 | $0.96 |
| 2017 | 170.23 | 195.33% | $22.13 | $0.13 |
| 2016 | 57.64 | N/A | $25.94 | $0.45 |
| 2015 | N/A | N/A | $17.2 | -$0.41 |
| 2014 | 36.3 | 90.55% | $20.33 | $0.56 |
| 2013 | 19.05 | -12.33% | $20.19 | $1.06 |
| 2012 | 21.73 | 17.08% | $36.08 | $1.66 |
| 2011 | 18.56 | -78.61% | $28.96 | $1.56 |
| 2010 | 86.76 | 125.29% | $39.04 | $0.45 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 51.61 | -8.91% | $89.8 | $1.74 |
| Mar 2025 | 56.66 | 17.87% | $77.63 | $1.37 |
| Dec 2024 | 48.07 | 6.26% | $56.24 | $1.17 |
| Sep 2024 | 45.24 | 8.75% | $61.08 | $1.35 |
| Jun 2024 | 41.6 | 14.76% | $52.42 | $1.26 |
| Mar 2024 | 36.25 | -12.57% | $47.13 | $1.3 |
| Dec 2023 | 41.46 | 20.66% | $49.34 | $1.19 |
| Sep 2023 | 34.36 | 8.12% | $40.55 | $1.18 |
| Jun 2023 | 31.78 | -8.94% | $43.22 | $1.36 |
| Mar 2023 | 34.9 | 32.15% | $48.16 | $1.38 |
| Dec 2022 | 26.41 | 43.61% | $39.08 | $1.48 |
| Sep 2022 | 18.39 | -16.79% | $32.36 | $1.76 |
| Jun 2022 | 22.1 | -22.43% | $36.03 | $1.63 |
| Mar 2022 | 28.49 | 11.51% | $47.58 | $1.67 |
| Dec 2021 | 25.55 | -6.17% | $42.93 | $1.68 |
WPM's current P/E ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.
Wheaton Precious Metals's P/E of 55.46 is above the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 22.74, Wheaton Precious Metals's P/E is 144% higher.
WPM's price to earnings ratio is 55.46 as of Nov 5, 2025.
The 3-year average PE ratio for WPM stock is 40.76.
The 5-year average PE ratio for WPM stock is 35.17.
In the last nine years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 874.67.
WPM's price to earnings ratio is currently 25% below its 9-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Wheaton Precious Metals's stock price is $96.5. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $1.74. Therefore, Wheaton Precious Metals's P/E ratio for today is 55.46. PE RATIO(55.46) = STOCK PRICE($96.5) / TTM EPS($1.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.