Kinross Gold Corporation (KGC) P/E Ratio History
UndervaluedTrading at 13.4x vs 5Y avg 66.8x · 50th percentile · Below historical baseline · Data 1994–2026
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P/E Ratio Analysis
As of June 20, 2026, Kinross Gold Corporation (KGC) trades at a price-to-earnings ratio of 13.4x, with a stock price of $26.67 and trailing twelve-month earnings per share of $2.38.
The current P/E is 80% below its 5-year average of 66.8x. Over the past five years, KGC's P/E has ranged from a low of 6.2x to a high of 1046.7x, placing the current valuation at the 50th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.6x, KGC trades at a 43% discount to its sector peers. The sector includes 123 companies with P/E ratios ranging from 1.0x to 182.8x.
The PEG ratio of 1.08 (P/E divided by 158% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, KGC trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 KGC 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.
KGC Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
KGC P/E vs Peers
Large and mid-tier gold producers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $115B | 16.2 | 1.26 | +124% | |
| $83B | 18.8 | 0.56 | +134% | |
| $56B | 37.3 | 1.65 | +181% | |
| $42B | 37.4 | 1.41 | +104% | |
| $15B | 17.3 | 0.42 | +204% | |
| $11B | 32.6 | - | +766%Best | |
| $11B | 19.5 | 0.37 | +500% | |
| $7B | 13.2Lowest | 0.49 | +78% | |
| $10B | 14.6 | 0.22Best | -23% | |
| $6B | 15.4 | - | +158% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
KGC Historical P/E Data (1994–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $30.54 | $2.35 | 13.0x | -80% |
| FY2025 Q4 | Dec 31 2025 | $28.16 | $1.96 | 14.4x | -78% |
| FY2025 Q3 | - | $24.85 | $1.42 | 17.5x | -73% |
| FY2025 Q2 | Jun 30 2025 | $15.63 | $1.24 | 12.6x | -80% |
| FY2025 Q1 | Mar 31 2025 | $12.61 | $0.98 | 12.9x | -80% |
| FY2024 Q4 | - | $9.27 | $0.77 | 12.1x | -81% |
| FY2024 Q3 | Sep 30 2024 | $9.36 | $0.60 | 15.6x | -76% |
| FY2024 Q2 | Jun 30 2024 | $8.32 | $0.40 | 20.9x | -67% |
| FY2024 Q1 | Mar 31 2024 | $6.13 | $0.35 | 17.6x | -73% |
| FY2023 Q4 | Dec 31 2023 | $6.05 | $0.34 | 18.1x | -72% |
| FY2023 Q3 | Sep 30 2023 | $4.56 | $0.19 | 23.6x | -63% |
| FY2023 Q2 | Jun 30 2023 | $4.77 | $0.16 | 30.7x | -52% |
| FY2023 Q1 | Mar 31 2023 | $4.71 | $0.00 | 1046.7x | +1533% |
| FY2021 Q4 | Dec 31 2021 | $5.81 | $0.17 | 33.7x | -47% |
| FY2021 Q3 | - | $5.36 | $0.79 | 6.7x | -89% |
| FY2021 Q2 | Jun 30 2021 | $6.35 | $1.02 | 6.2x | -90% |
| FY2021 Q1 | Mar 31 2021 | $6.67 | $1.08 | 6.2x | -90% |
| FY2020 Q4 | - | $7.34 | $1.06 | 6.9x | -89% |
| FY2020 Q3 | Sep 30 2020 | $8.82 | $0.85 | 10.4x | -84% |
| FY2020 Q2 | - | $7.22 | $0.71 | 10.2x | -84% |
| FY2020 Q1 | - | $3.98 | $0.62 | 6.4x | -90% |
| FY2019 Q4 | - | $4.74 | $0.57 | 8.3x | -87% |
| FY2019 Q3 | Sep 30 2019 | $4.60 | $0.14 | 33.4x | -48% |
| FY2019 Q2 | Jun 30 2019 | $3.88 | $0.00 | 902.3x | +1308% |
| FY2018 Q3 | Sep 30 2018 | $2.70 | $0.17 | 16.0x | -75% |
| FY2018 Q2 | Jun 30 2018 | $3.76 | $0.30 | 12.5x | -81% |
| FY2018 Q1 | Mar 31 2018 | $3.95 | $0.33 | 12.0x | -81% |
| FY2017 Q4 | Dec 31 2017 | $4.32 | $0.36 | 12.0x | -81% |
| FY2017 Q3 | Sep 30 2017 | $4.24 | $0.10 | 44.0x | -31% |
| FY2017 Q2 | Jun 30 2017 | $4.07 | $0.05 | 84.1x | +31% |
| FY2011 Q3 | Sep 30 2011 | $14.78 | $0.40 | 37.0x | -42% |
| FY2011 Q2 | - | $15.80 | $0.90 | 17.6x | -73% |
| FY2011 Q1 | - | $15.75 | $0.84 | 18.8x | -71% |
| FY2010 Q4 | Dec 31 2010 | $18.96 | $0.88 | 21.5x | -66% |
| FY2010 Q3 | - | $18.79 | $1.44 | 13.0x | -80% |
| FY2010 Q2 | Jun 30 2010 | $17.09 | $0.72 | 23.8x | -63% |
| FY2010 Q1 | Mar 31 2010 | $17.09 | $0.59 | 29.0x | -55% |
| FY2009 Q4 | - | $18.40 | $0.44 | 41.9x | -35% |
| FY2008 Q3 | - | $16.12 | $0.55 | 29.3x | -54% |
| FY2008 Q2 | Jun 30 2008 | $23.61 | $0.52 | 45.4x | -29% |
| FY2008 Q1 | Mar 31 2008 | $22.11 | $0.57 | 38.8x | -39% |
| FY2007 Q4 | Dec 31 2007 | $18.40 | $0.61 | 30.2x | -53% |
| FY2007 Q3 | Sep 30 2007 | $14.98 | $0.42 | 35.7x | -44% |
| FY2007 Q2 | Jun 30 2007 | $11.68 | $0.49 | 23.8x | -63% |
| FY2007 Q1 | Mar 31 2007 | $13.79 | $0.59 | 23.4x | -64% |
| FY2006 Q4 | Dec 31 2006 | $11.88 | $0.47 | 25.3x | -61% |
| FY1997 Q1 | Mar 31 1997 | $20.25 | $0.17 | 120.8x | +88% |
| FY1996 Q4 | - | $21.38 | $0.26 | 81.4x | +27% |
| FY1996 Q3 | Sep 30 1996 | $20.25 | $0.30 | 67.5x | +5% |
| FY1996 Q2 | Jun 30 1996 | $22.50 | $0.24 | 93.8x | +46% |
| FY1996 Q1 | Mar 31 1996 | $24.38 | $0.24 | 101.6x | +58% |
| FY1995 Q4 | Dec 31 1995 | $22.88 | $0.27 | 84.7x | +32% |
| FY1995 Q3 | Sep 30 1995 | $25.22 | $0.37 | 68.2x | +6% |
| FY1995 Q2 | Jun 30 1995 | $22.50 | $0.46 | 48.9x | -24% |
| FY1995 Q1 | Mar 31 1995 | $16.88 | $0.50 | 33.8x | -47% |
| FY1994 Q4 | Dec 31 1994 | $15.38 | $0.53 | 29.2x | -54% |
| FY1994 Q3 | Sep 30 1994 | $17.25 | $0.52 | 33.4x | -48% |
| FY1994 Q2 | - | $12.75 | $0.38 | 33.4x | -48% |
Average P/E for displayed period: 64.1x
Full Stock Analysis
Deep dive into KGC consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
32+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
KGC — Frequently Asked Questions
Quick answers to the most common questions about buying KGC stock.
What is KGC's P/E ratio?
Kinross Gold Corporation (KGC) trailing twelve-month P/E ratio is 13.4x, based on TTM diluted EPS of $2.38. The 5-year average P/E is 66.8x and the historical range spans 6.2x to 1046.7x.
Is KGC stock overvalued or undervalued?
KGC trades at 13.4x P/E, below its 5-year average of 66.8x. At the 50th percentile of its historical range (6.2x–1046.7x), the stock is priced at a discount to its own history.
Is KGC stock expensive?
No, KGC is not expensive on a historical basis. The current P/E of 13.4x is below the 5-year average of 66.8x and sits at the 50th percentile of its valuation range.
What is KGC's historical P/E range?
Over the past 5 years, KGC's P/E ratio has ranged from 6.2x to 1046.7x, with a median of 14.4x and an average of 66.8x. The current P/E of 13.4x places the stock at the 50th percentile of this range. Full historical data spans 1994–2026.
How does KGC's P/E compare to the S&P 500?
KGC trades at 13.4x P/E versus the S&P 500 median of 24.4x. The 45% discount to the market suggests lower growth expectations or perceived higher risk.
How does KGC's valuation compare to Basic Materials peers?
Kinross Gold Corporation P/E of 13.4x compares to the Basic Materials sector median of 23.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is KGC's PEG ratio?
KGC PEG ratio is 1.08, based on a P/E of 13.4x and EPS growth of 158.4%. A PEG between 1 and 2 suggests valuation aligns with growth expectations — typically considered fair.
What is KGC's earnings yield?
KGC earnings yield is 7.46%, the inverse of its 13.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.