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Royal Gold (Royal Gold) Shiller PE Ratio : 61.89 (As of May. 16, 2024)


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What is Royal Gold Shiller PE Ratio?

As of today (2024-05-16), Royal Gold's current share price is $129.355. Royal Gold's E10 for the quarter that ended in Mar. 2024 was $2.09. Royal Gold's Shiller PE Ratio for today is 61.89.

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

RGLD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.38   Med: 78.54   Max: 190.54
Current: 61.89

During the past years, Royal Gold's highest Shiller PE Ratio was 190.54. The lowest was 29.38. And the median was 78.54.

RGLD's Shiller PE Ratio is ranked worse than
83.33% of 372 companies
in the Metals & Mining industry
Industry Median: 22.805 vs RGLD: 61.89

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.

Royal Gold's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Gold Shiller PE Ratio Historical Data

The historical data trend for Royal Gold'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.

Royal Gold Shiller PE Ratio Chart

Royal Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.22 130.80 86.55 65.63 58.84

Royal Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 70.85 59.57 53.47 58.84 58.35

Competitive Comparison of Royal Gold's Shiller PE Ratio

For the Gold subindustry, Royal Gold'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.


Royal Gold's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Royal Gold's Shiller PE Ratio falls into.



Royal Gold 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.

Royal Gold's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=129.355/2.09
=61.89

* 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.

Royal Gold's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Royal Gold's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.72/131.7762*131.7762
=0.720

Current CPI (Mar. 2024) = 131.7762.

Royal Gold Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.250 100.560 0.328
201409 0.290 100.428 0.381
201412 -0.100 99.070 -0.133
201503 0.380 99.621 0.503
201506 0.230 100.684 0.301
201509 -0.690 100.392 -0.906
201512 0.230 99.792 0.304
201603 -1.040 100.470 -1.364
201606 0.320 101.688 0.415
201609 0.460 101.861 0.595
201612 0.430 101.863 0.556
201703 0.360 102.862 0.461
201706 0.310 103.349 0.395
201709 0.440 104.136 0.557
201712 -0.230 104.011 -0.291
201803 -2.350 105.290 -2.941
201806 0.410 106.317 0.508
201809 0.230 106.507 0.285
201812 0.360 105.998 0.448
201903 0.440 107.251 0.541
201906 0.400 108.070 0.488
201909 1.070 108.329 1.302
201912 0.630 108.420 0.766
202003 0.590 108.902 0.714
202006 0.750 108.767 0.909
202009 1.630 109.815 1.956
202012 0.910 109.897 1.091
202103 0.820 111.754 0.967
202106 1.240 114.631 1.425
202109 1.070 115.734 1.218
202112 1.030 117.630 1.154
202203 1.000 121.301 1.086
202206 1.080 125.017 1.138
202209 0.700 125.227 0.737
202212 0.860 125.222 0.905
202303 0.970 127.348 1.004
202306 0.970 128.729 0.993
202309 0.750 129.860 0.761
202312 0.950 129.419 0.967
202403 0.720 131.776 0.720

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.


Royal Gold  (NAS:RGLD) 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.


Royal Gold Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Royal Gold's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Royal Gold (Royal Gold) Business Description

Traded in Other Exchanges
Address
1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine, in exchange for an upfront deposit payment. Generally Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
Executives
Martin Raffield officer: Vice President, Operations P.O. BOX 1649, POLSON MT 59860
Mark Isto officer: Vice President Operations 1144 15TH STREET, SUITE 2500, DENVER CO 80202
William M. Hayes director 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Daniel Breeze officer: VP Corp Dev of RGLD Gold AG KIRCHBODENSTRASSE 16, Z, THALWIL V8 8800
Paul Libner officer: VP & General Counsel 845 BRAESHEATHER PL, HIGHLANDS RANCH CO 80216
Randy Shefman officer: VP & General Counsel 921 SOUTH HIGH STREET, DENVER CO 80209
Laura Gill officer: VP, Corp. Sec. & CCO 10499 EAST ABERDEEN AVE, ENGLEWOOD CO 80111
Fabiana Chubbs director 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Margaret Mccandless officer: Asst. GC, Corp Secretary & CCO C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Tony A Jensen director, officer: President and CEO 620 E HEARTSTRONG STREET, SUPERIOR CO 80027
Bruce Christopher Kirchhoff officer: VP and General Counsel 1660 WYNKOOP, #1000, DENVER CO 80202
Ronald J Vance director C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Sybil E Veenman director C/O ROYAL GOLD, INC., 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Jamie C Sokalsky director C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
William Holmes Heissenbuttel officer: VP Corporate Development 1144 15TH STREET, SUITE 2500, DENVER CO 80202