Agnico Eagle Mines LimitedAEM

Where AEM's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$201.84-2.89 (-1.41%)Previous close
NYSEBasic Materials

AEM P/B: current value, 10-year range and year-by-year history

3.6Near historic high

AEM's p/b is higher than 95% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
AEM P/B historyAEM P/B from Sep 2023 to Sep 2026: low 1.08, high 5.12, latest 3.55.0.761.933.14.275.45Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 2.4

AEM P/B by year

Yearly range of AEM’s p/b from 2016 to 2026. Over the full period it ranged from 1.1 to 5.1, averaging 2.3.

AEM P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20262.43.65.13.6
20251.92.94.03.4
20241.21.72.21.9
20231.11.31.61.4
20221.11.52.61.5
20212.02.63.32.2
20201.73.04.03.0
20192.02.63.32.9
20181.61.92.32.1
20172.02.22.62.2
20161.92.42.92.1

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is AEM P/B High or Low Right Now?

Agnico Eagle Mines Limited's P/B is currently 3.6, which is near historic high relative to its 10-year historical range. The 10-year median P/B for AEM is approximately 2.2. See all AEM valuation metrics →

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