As at May 16, 2024, the MAG stock has a price-to-earnings ratio of 23.47. This is based on the current EPS of $0.57 and the stock price of $13.38 per share. A decrease of 14% has been recorded in the P/E ratio compared to the average of 27.3 of the last 4 quarters.
The mean historical PE ratio of MAG Silver over the last four years is 145.07. The current 23.47 PE ratio is 84% below the historical average. In the past four years, MAG's PE ratio was at its highest in the Sep 2021 quarter at 405, with a price of $16.2 and an EPS of $0.04. The Mar 2024 quarter recorded the bottom point at 18.56, with a price of $10.58 and an EPS of $0.57.
Maximum annual decrease: -74.49% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.15 | -74.49% |
| 2022 | 86.83 | -66.75% |
| 2021 | 261.17 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, MAG's PE ratio is lower than the 3, 5 and 10-year averages.
MAG's PE ratio is lower than its peer stocks GE and WWD, but it is greater than EMR's. MAG Silver's current PE ratio of 23.47 is below the average of its peers, which is 31.81.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EMR Emerson Electric Co | 6 | $64.54B |
| MAG MAG Silver Corp. | 23.47 | $1.38B |
| CMCO Columbus Mckinnon Corp | 26.4 | $1.28B |
| WWD Woodward Inc | 30.23 | $10.87B |
| RBC RBC Bearings Inc. | 44.3 | $7.81B |
| GE General Electric Co | 52.14 | $176.36B |
MAG stock has a price to earnings ratio of 23.47 as of May 16, 2024.
The average PE ratio for MAG stock over the past 3 years is 125.89.
The average PE ratio for MAG stock over the past 5 years is 145.07.
In the last four years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 405.
MAG's current price to earnings ratio is 84% below its 4-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 (May 16, 2024), MAG Silver's stock price is $13.38. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.57. Therefore, MAG Silver's P/E ratio for today is 23.47. PE RATIO(23.47) = STOCK PRICE($13.38) / TTM EPS($0.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.