P/E Ratio
Higher than 73% of Basic Materials sector peers
Updated 1520h ago
Sector Performance
73th percentileMAG
24.2x
Sector Median
17.1x
Sector Avg
20.2x
Deep Analysis
MAG (MAG) has a P/E Ratio of 24.2x as of May 2026.
This places MAG in the 73th percentile of the Basic Materials sector, which has a median P/E Ratio of 17.1x and a sector average of 20.2x. MAG's P/E Ratio is 41.8% above the sector median. In context: Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
Frequently Asked Questions
What does the P/E Ratio tell investors about MAG?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
How does MAG's P/E Ratio compare to its sector?
MAG's P/E Ratio of 24.2x compares to a Basic Materials sector median of 17.1x, placing it in the 73th percentile.
Who are MAG's closest peers by P/E Ratio?
The closest Basic Materials peers by P/E Ratio include: AEM (18.4x), CDE (15.8x), PPG (15.7x), SILV (19.6x), KGC (13.3x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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24.2x
Sector Median
17.1x
Sector Avg
20.2x
How MAG's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.