P/E ratio for Franco-Nevada (FNV)
P/E ratio as of May 2024 (TTM): 36.8
According to Franco-Nevada's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.8192. At the end of 2022 the company had a P/E ratio of 37.4.
P/E ratio history for Franco-Nevada from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.4 | 4.1% |
| 2021 | 35.9 | -50.75% |
| 2020 | 72.9 | 29.84% |
| 2019 | 56.2 | -39.67% |
| 2018 | 93.1 | 24.04% |
| 2017 | 75.0 | -10.39% |
| 2016 | 83.8 | -70.56% |
| 2015 | 285 | 312.72% |
| 2014 | 68.9 | -86.4% |
| 2013 | 507 | 541.35% |
| 2012 | 79.0 | -110.43% |
| 2011 | -758 | -1355.31% |
| 2010 | 60.4 | 73.3% |
| 2009 | 34.8 | -17.34% |
| 2008 | 42.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Iamgold
IAG | 135 | 267.57% | 🇨🇦 Canada |
 Coeur Mining
CDE | -26.1 | -170.82% | 🇺🇸 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.