CMCL
Caledonia Mining
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSEAMERICAN: CMCL
- PE Ratio
As of Jun 12, 2026, the Caledonia Mining stock's PE ratio is 6.33. This takes into account the latest EPS of $3.19 and stock price of $20.18. The PE ratio marks a decrease of 37% from its last 4 quarters average of 10.1.
CMCL PE ratio history
The PE ratio of Caledonia Mining has averaged 21.33 over the last nine years. The current P/E ratio of 6.33 is 70% lower than the historical average. Looking back at the last nine years, CMCL's PE ratio peaked in the Mar 2023 quarter at 190, when the price was $15.2 and the EPS was $0.08. The lowest point was in the Sep 2019 quarter, when it reached 1.74 with a price of $6.75 and an EPS of $3.88.
Caledonia Mining PE ratio by year
Maximum annual increase: 132.95% in 2020
Maximum annual decrease: -38.18% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 9.25 | -10.54% | $26.17 | $2.83 |
| 2024 | 10.34 | N/A | $9.41 | $0.91 |
| 2023 | N/A | N/A | $12.2 | -$0.44 |
| 2022 | 14.59 | 75.15% | $12.4 | $0.85 |
| 2021 | 8.33 | -17.61% | $11.66 | $1.4 |
| 2020 | 10.11 | 132.95% | $15.88 | $1.57 |
| 2019 | 4.34 | -18.27% | $8.42 | $1.94 |
| 2018 | 5.31 | -38.18% | $5.25 | $0.99 |
| 2017 | 8.59 | N/A | $7.39 | $0.86 |
| 2016 | N/A | N/A | N/A | $0.79 |
| 2015 | N/A | N/A | N/A | $0.45 |
| 2014 | N/A | N/A | N/A | $0.4 |
| 2013 | N/A | N/A | N/A | -$0.25 |
| 2012 | N/A | N/A | N/A | $0.86 |
| 2011 | N/A | N/A | N/A | $1.2 |
Caledonia Mining PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 7.08 | -23.46% | $22.59 | $3.19 |
| Dec 2025 | 9.25 | -34.35% | $26.17 | $2.83 |
| Sep 2025 | 14.09 | 40.76% | $36.21 | $2.57 |
| Jun 2025 | 10.01 | 3.41% | $19.32 | $1.93 |
| Mar 2025 | 9.68 | -6.38% | $12.49 | $1.29 |
| Dec 2024 | 10.34 | -82.72% | $9.41 | $0.91 |
| Sep 2024 | 59.84 | 121.63% | $14.96 | $0.25 |
| Jun 2024 | 27 | N/A | $9.72 | $0.36 |
| Mar 2024 | N/A | N/A | $11.07 | -$0.07 |
| Dec 2023 | N/A | N/A | $12.2 | -$0.44 |
| Sep 2023 | N/A | N/A | $9.86 | -$1.22 |
| Jun 2023 | N/A | N/A | $11.62 | -$0.81 |
| Mar 2023 | 190 | 1,202.26% | $15.2 | $0.08 |
| Dec 2022 | 14.59 | 231.59% | $12.4 | $0.85 |
| Sep 2022 | 4.4 | -13.56% | $9.82 | $2.23 |
CMCL Price vs fair value
CMCL 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.
CMCL's current PE ratio is lower than its 3 and 5-year averages.
PE comparison
With a price to earnings (P/E) of 6.33, CMCL ranks lower than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 21.52, Caledonia Mining's price to earnings (P/E) is 71% lower.
Frequently asked questions
What is Caledonia Mining's PE ratio?
The price to earnings ratio for CMCL stock is 6.33 as of Jun 12, 2026.
What is the 3-year average PE ratio for Caledonia Mining (CMCL)?
The 3-year average price to earnings ratio for CMCL stock is 18.41.
What is the 5-year average PE ratio for Caledonia Mining (CMCL)?
The 5-year average price to earnings ratio for CMCL stock is 25.11.
What is the highest PE ratio for CMCL?
The highest quarterly PE ratio in the last nine years has been 190 and it was in the Mar 2023 quarter.
How does the current PE ratio for CMCL compare to its historical average?
CMCL's price to earnings ratio is currently 70% below its 9-year historical average.
Why is Caledonia Mining's PE ratio so low?
CMCL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is CMCL's PE ratio calculated (Caledonia Mining PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 12, 2026), Caledonia Mining's share price is $20.18. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.19. Therefore, Caledonia Mining's PE ratio for today is 6.33. PE RATIO(6.33) = STOCK PRICE($20.18) / TTM EPS($3.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.