B2Gold Corp. (BTG) P/E Ratio History
Historical price-to-earnings valuation from 2010 to 2025
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BTG Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, B2Gold Corp. (BTG) trades at a price-to-earnings ratio of 15.1x, with a stock price of $4.24 and trailing twelve-month earnings per share of $0.25.
The current P/E is 30% below its 5-year average of 21.7x. Over the past five years, BTG's P/E has ranged from a low of 7.0x to a high of 145.0x, placing the current valuation at the 75th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 22.3x, BTG trades at a 32% discount to its sector peers. The sector includes 123 companies with P/E ratios ranging from 2.0x to 166.2x.
Relative to the broader market, BTG trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our BTG DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
BTG P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $6B | 11.7Lowest | 0.43 | +78% | |
| $11B | 19.0 | 0.36 | +500% | |
| $21B | 19.4 | 0.77 | +742% | |
| $35B | 14.5 | 1.17 | +158% | |
| $10B | 14.0 | 0.21Best | -23% | |
| $46B | 17.5 | 1.01 | +123% | |
| $11B | 34.8 | - | +766%Best | |
| $121B | 17.0 | 1.33 | +124% | |
| $89B | 20.1 | 0.60 | +134% | |
| $37B | 30.3 | 0.62 | +79% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
BTG Historical P/E Data (2010–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $4.51 | $0.26 | 17.2x | -54% |
| FY2025 Q3 | $4.95 | $0.14 | 34.6x | -7% | |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $3.16 | $0.02 | 145.0x | +289% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $2.89 | $0.26 | 11.1x | -70% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $3.57 | $0.27 | 13.0x | -65% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $3.94 | $0.24 | 16.1x | -57% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $3.57 | $0.24 | 14.8x | -60% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $3.22 | $0.22 | 14.6x | -61% |
| FY2022 Q2 | $3.39 | $0.36 | 9.4x | -75% | |
| FY2022 Q1 | $4.59 | $0.39 | 11.8x | -68% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $3.93 | $0.40 | 9.8x | -74% |
| FY2021 Q3 | $3.42 | $0.43 | 7.9x | -79% |
Average P/E for displayed period: 37.3x
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Start ComparisonBTG — Frequently Asked Questions
Quick answers to the most common questions about buying BTG stock.
Is BTG stock overvalued or undervalued?
BTG trades at 15.1x P/E, below its 5-year average of 21.7x. At the 75th percentile of historical range, the stock is priced at a discount to its own history.
How does BTG's valuation compare to peers?
B2Gold Corp. P/E of 15.1x compares to sector median of 22.3x. The discount suggests lower growth expectations or higher risk.
What is BTG's PEG ratio?
BTG PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2010-2025.