McEwen Mining Inc. (MUX) P/E Ratio History
Historical price-to-earnings valuation from 1993 to 2026
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MUX Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, McEwen Mining Inc. (MUX) trades at a price-to-earnings ratio of 39.6x, with a stock price of $23.37 and trailing twelve-month earnings per share of $1.02.
The current P/E is 14% below its 5-year average of 46.2x. Over the past five years, MUX's P/E has ranged from a low of 4.3x to a high of 202.7x, placing the current valuation at the 60th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.4x, MUX trades at a 69% premium to its sector peers. The sector includes 125 companies with P/E ratios ranging from 2.0x to 144.2x.
Relative to the broader market, MUX commands a significant premium over 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 MUX 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.
MUX P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $12B | 36.9 | - | +766%Best | |
| $12B | 20.1 | 0.39 | +500% | |
| $24B | 22.1 | 0.88 | +742% | |
| $11B | 61.1 | 2.34 | +203% | |
| $94B | 21.2 | 0.63 | +134% | |
| $36B | 15.3Lowest | 1.23 | +158% | |
| $51B | 19.3 | 1.12 | +123% | |
| $11B | 15.8 | 0.24Best | -23% | |
| $7B | 64.9 | - | +671% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MUX Historical P/E Data (1993–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $20.42 | $1.18 | 17.3x | -59% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $18.51 | $0.59 | 31.5x | -25% |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $9.30 | $2.18 | 4.3x | -90% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $9.18 | $1.83 | 5.0x | -88% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $9.86 | $1.63 | 6.0x | -86% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $7.21 | $1.27 | 5.7x | -87% |
| FY2017 Q1 | Fri Mar 31 2017 00:00:00 GM | $30.40 | $0.15 | 202.7x | +381% |
| FY2016 Q4 | Sat Dec 31 2016 00:00:00 GM | $29.10 | $0.65 | 44.8x | +6% |
| FY2016 Q3 | Fri Sep 30 2016 00:00:00 GM | $36.70 | $0.30 | 122.3x | +190% |
| FY2016 Q2 | $38.50 | $0.30 | 128.3x | +205% | |
| FY1997 Q2 | Mon Jun 30 1997 00:00:00 GM | $9.69 | $0.27 | 35.9x | -15% |
| FY1997 Q1 | Mon Mar 31 1997 00:00:00 GM | $10.63 | $0.33 | 32.1x | -24% |
Average P/E for displayed period: 42.1x
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Start ComparisonMUX — Frequently Asked Questions
Quick answers to the most common questions about buying MUX stock.
Is MUX stock overvalued or undervalued?
MUX trades at 39.6x P/E, near its 5-year average of 46.2x. The 60th percentile ranking places valuation within normal historical bounds.
How does MUX's valuation compare to peers?
McEwen Mining Inc. P/E of 39.6x compares to sector median of 23.4x. The premium reflects expected growth above peers.
What is MUX's PEG ratio?
MUX PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1993-2026.