First Majestic Silver Corp.

AG Basic Materials Silver

First Majestic Silver Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 124.3% from fiscal 2024.

Revenue
+57.3%
EPS
+100.0%
Free cash flow
+268.1%
Total debt
+41.9%

Quarter to June 2026, against a year earlier

14.98 0.41 −2.66%
Market cap
$7.3B
P/E
21.1×
Fwd P/E
17.7×
Dividend yield
0.31%
F-score
8/9
Altman Z
3.72
Beneish M
−1.75
Dividend safety
70/100

First Majestic Silver Corp. (AG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, First Majestic Silver Corp. (AG) trades at a P/B ratio of 2.2×. Over the past ten years it has ranged from 0.6× (September 2015) to 5.6× (February 2021); the current reading is higher than 64% of that period. That is in line with the Silver industry median of 2.2× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.5× 109.68%
FY2024 1.2× (3.39%)
FY2023 1.2× (20.72%)
FY2022 1.6× (18.64%)
FY2021 1.9× (43.00%)
FY2020 3.4× (9.41%)
FY2019 3.7× 105.13%
FY2018 1.8× (11.20%)
FY2017 2.0× (2.01%)
FY2016 2.1× 123.19%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.5× (21.95%)
Mar 2026 3.2× 26.73%
Dec 2025 2.5× 26.08%
Sep 2025 2.0× 42.94%
42 more quarters

Against its own ten years

Low 0.6× High 5.6×
Ten-year median 1.9×
Current reading's percentile 61

P/B ratio against peers

Company P/B ratio
SVM Silvercorp Metals Inc. compare 1.6×
HSLV Highlander Silver Corp compare 2.2×
AG First Majestic Silver Corp. 2.2×
NEWP New Pacific Metals Corp. compare 6.1×
AYA Aya Gold & Silver Inc. compare 7.1×
Silver industry median 2.2×
Basic Materials sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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