Franco-Nevada
FNV
#908
Rank
$20.20 B
Marketcap
$104.86
Share price
-0.10%
Change (1 day)
-21.64%
Change (1 year)
Franco-Nevada Corporation is a Canadian mining company based in Toronto, Ontario. The company invests in gold, as well as oil and natural gas mining projects. Franco-Nevada does not operate any mines itself.

P/E ratio for Franco-Nevada (FNV)

P/E ratio as of March 2024 (TTM): 30.4

According to Franco-Nevada's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.3933. At the end of 2022 the company had a P/E ratio of 37.4.

P/E ratio history for Franco-Nevada from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202237.44.1%
202135.9-50.75%
202072.929.84%
201956.2-39.67%
201893.124.04%
201775.0-10.39%
201683.8-70.56%
2015285312.72%
201468.9-86.4%
2013507541.35%
201279.0-110.43%
2011-758-1355.31%
201060.473.3%
200934.8-17.34%
200842.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
86.7 185.15%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-13.0-142.61%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.