Royal Gold (RGLD) fundamentals: P/E, valuation, undervalued?

Royal Gold · Materials · ref. ETF XLB · price $268.96
See the full Royal Gold (RGLD) profile
In short — Royal Gold trades at 29.5× earnings (P/E), 20.8× forward, with a net margin of 48.1 % and revenue growth of +116 %. Read: Cheap for the growth (P/E 21 for ~38% growth (PEG 0.5)).

Is Royal Gold stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$268.96+52.8% over range
Aug 28, 25low $169.08 · high $304.29Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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Buy
100% recommend buying · 3 analysts
Valuation : Cheap for the growth — P/E 21 for ~38% growth (PEG 0.5)

Valuation

29.5
P/E (price/earnings)
20.8
Forward P/E
0.77
PEG
3.1
Price/book (P/B)
$22.8B
Market cap
9.12
EPS

Profitability & growth

48.1 %
Net margin
+116 %
Revenue growth
+38 %
Earnings growth
$396M
Total debt

Royal Gold income statement

Fiscal yearRevenueNet incomeMargin
2022$603M$239M39.6 %
2023$606M$00.0 %
2024$719M$332M46.2 %
2025$1.0B$466M45.2 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Royal Gold's P/E and is the stock undervalued? What's a good P/E?

Royal Gold's P/E is 29.5 (forward 20.8). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is Royal Gold profitable?

Royal Gold has a net margin of 48.1 % (EPS 9.12). The company is profitable.

Is RGLD stock expensive?

Our read: "Cheap for the growth" — P/E 21 for ~38% growth (PEG 0.5). Cross-check with growth and sector.

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