Royal Gold
RGLD
#1957
Rank
$7.82 B
Marketcap
$119.19
Share price
8.30%
Change (1 day)
-5.39%
Change (1 year)
Royal Gold is an American precious metals company with royalty claims on gold, silver, copper, lead and zinc at mines in over 20 countries.

P/E ratio for Royal Gold (RGLD)

P/E ratio as of March 2024 (TTM): 33.6

According to Royal Gold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.5746. At the end of 2022 the company had a P/E ratio of 31.0.

P/E ratio history for Royal Gold from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.022.74%
202125.2-7.96%
202027.4-43.05%
201948.1-175.86%
2018-63.4-167.99%
201793.3-74.96%
201637353.27%
2015243190.83%
201483.617.95%
201370.941.13%
201250.217.68%
201142.7-49.22%
201084.026.72%
200966.350.95%
200843.9-7.86%
200747.7-8.55%
200652.1-15.92%
200562.070.01%
200436.5-35.51%
200356.645.28%
200238.9-2.47%
200139.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-34.2-201.93%๐Ÿ‡บ๐Ÿ‡ธ USA
5.80-82.74%๐Ÿ‡ง๐Ÿ‡ท Brazil
-17.9-153.17%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.