P/E ratio for Franco-Nevada (FNV)
P/E ratio as of March 2023 (TTM): 39.3
According to Franco-Nevada's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.2533. At the end of 2021 the company had a P/E ratio of 35.6.
P/E ratio history for Franco-Nevada from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 35.6 | -51.55% |
| 2020 | 73.4 | 30.63% |
| 2019 | 56.2 | -39.68% |
| 2018 | 93.1 | 24.08% |
| 2017 | 75.0 | -11.65% |
| 2016 | 84.9 | -70.18% |
| 2015 | 285 | 313.09% |
| 2014 | 69.0 | -86.14% |
| 2013 | 498 | 518.88% |
| 2012 | 80.4 | -110.61% |
| 2011 | -758 | -1581.77% |
| 2010 | 51.1 | 49.74% |
| 2009 | 34.1 | -15.45% |
| 2008 | 40.4 | -200.08% |
| 2007 | -40.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Iamgold
IAG | -7.51 | -119.14% | 🇨🇦 Canada |
 Coeur Mining
CDE | -5.60 | -114.28% | 🇺🇸 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.