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Agnico Eagle Mines (BUE:AEM) Shiller PE Ratio : 26.07 (As of Apr. 29, 2024)


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What is Agnico Eagle Mines Shiller PE Ratio?

As of today (2024-04-29), Agnico Eagle Mines's current share price is ARS11858.50. Agnico Eagle Mines's E10 for the quarter that ended in Dec. 2023 was ARS454.84. Agnico Eagle Mines's Shiller PE Ratio for today is 26.07.

The historical rank and industry rank for Agnico Eagle Mines's Shiller PE Ratio or its related term are showing as below:

BUE:AEM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.72   Med: 148.02   Max: 4032
Current: 48.15

During the past years, Agnico Eagle Mines's highest Shiller PE Ratio was 4032.00. The lowest was 33.72. And the median was 148.02.

BUE:AEM's Shiller PE Ratio is ranked worse than
75.34% of 373 companies
in the Metals & Mining industry
Industry Median: 22.45 vs BUE:AEM: 48.15

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Agnico Eagle Mines's adjusted earnings per share data for the three months ended in Dec. 2023 was ARS-833.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS454.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agnico Eagle Mines Shiller PE Ratio Historical Data

The historical data trend for Agnico Eagle Mines's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Agnico Eagle Mines Shiller PE Ratio Chart

Agnico Eagle Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 489.21 451.91 73.51 74.22 39.07

Agnico Eagle Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.22 46.81 41.45 38.56 39.07

Competitive Comparison of Agnico Eagle Mines's Shiller PE Ratio

For the Gold subindustry, Agnico Eagle Mines's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agnico Eagle Mines's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's Shiller PE Ratio falls into.



Agnico Eagle Mines Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Agnico Eagle Mines's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11858.50/454.84
=26.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Agnico Eagle Mines's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Agnico Eagle Mines's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-833.91/125.4675*125.4675
=-833.910

Current CPI (Dec. 2023) = 125.4675.

Agnico Eagle Mines Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 13.321 98.604 16.950
201406 2.925 99.473 3.689
201409 -2.526 99.394 -3.189
201412 -3.078 98.367 -3.926
201503 3.440 99.789 4.325
201506 1.363 100.500 1.702
201509 0.282 100.421 0.352
201512 -2.718 99.947 -3.412
201603 5.696 101.054 7.072
201606 3.355 102.002 4.127
201609 9.845 101.765 12.138
201612 13.316 101.449 16.469
201703 15.263 102.634 18.659
201706 11.377 103.029 13.855
201709 16.297 103.345 19.786
201712 8.593 103.345 10.432
201803 11.485 105.004 13.723
201806 1.496 105.557 1.778
201809 7.728 105.636 9.179
201812 -190.033 105.399 -226.216
201903 18.763 106.979 22.006
201906 16.084 107.690 18.739
201909 53.689 107.611 62.598
201912 247.463 107.769 288.102
202003 -16.759 107.927 -19.483
202006 88.313 108.401 102.216
202009 202.675 108.164 235.097
202012 205.078 108.559 237.019
202103 159.442 110.298 181.371
202106 227.352 111.720 255.329
202109 143.737 112.905 159.730
202112 124.218 113.774 136.985
202203 99.856 117.646 106.495
202206 227.424 120.806 236.200
202209 62.527 120.648 65.025
202212 226.327 120.964 234.753
202303 2,287.629 122.702 2,339.186
202306 475.200 124.203 480.037
202309 377.946 125.230 378.662
202312 -833.910 125.468 -833.910

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Agnico Eagle Mines  (BUE:AEM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Agnico Eagle Mines Shiller PE Ratio Related Terms

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Agnico Eagle Mines (BUE:AEM) Business Description

Traded in Other Exchanges
Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.