P/E ratio for Agnico Eagle Mines (AEM)
P/E ratio as of March 2025 (TTM): 19.5
According to Agnico Eagle Mines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.5328. At the end of 2022 the company had a P/E ratio of 33.5.
P/E ratio history for Agnico Eagle Mines from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.5 | 45.81% |
| 2021 | 23.0 | -30.83% |
| 2020 | 33.3 | 7.43% |
| 2019 | 31.0 | -207.29% |
| 2018 | -28.9 | -164.36% |
| 2017 | 44.8 | -23.14% |
| 2016 | 58.3 | -73.36% |
| 2015 | 219 | 348.73% |
| 2014 | 48.8 | -503.31% |
| 2013 | -12.1 | -141.75% |
| 2012 | 29.0 | -367.33% |
| 2011 | -10.8 | -128.84% |
| 2010 | 37.6 | -61.71% |
| 2009 | 98.2 | -2.45% |
| 2008 | 101 | 93.45% |
| 2007 | 52.0 | 76.62% |
| 2006 | 29.5 | -37.39% |
| 2005 | 47.0 | 88.19% |
| 2004 | 25.0 | -153.85% |
| 2003 | -46.4 | -118.75% |
| 2002 | 248 | -411.86% |
| 2001 | -79.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 56.6 | 189.96% | 🇨🇦 Canada |
 | -30.6 | -256.79% | 🇺🇸 USA |
 | -39.4 | -301.80% | 🇨🇦 Canada |
 | -2.34 | -111.97% | 🇿🇦 South Africa |
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.