Equinox Gold Corp.

EQX Basic Materials Gold

Equinox Gold Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 99.1% from fiscal 2024.

Revenue
+169.3%
EPS
+480.0%
Free cash flow
−103.6%
Total debt
−67.3%

Quarter to June 2026, against a year earlier

11.35 0.07 +0.62%
Market cap
$13.2B
P/E
10.9×
Fwd P/E
9.3×
Dividend yield
0.46%
F-score
7/9
Altman Z
1.62
Beneish M
−2.57
Dividend safety
66/100

Equinox Gold Corp. (EQX) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Equinox Gold Corp. (EQX) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 0.0× (December 2019) to 2.7× (February 2020); the current reading is higher than 74% of that period. That is below the Gold industry median of 2.4× and below 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 1.5× 158.29%
FY2024 0.6× (1.78%)
FY2023 0.6× 30.06%
FY2022 0.5× (37.88%)
FY2021 0.7× (56.89%)
FY2020 1.7× (20.15%)
FY2019 2.2× —
FY2018 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.2× (35.24%)
Mar 2026 1.9× 21.92%
Dec 2025 1.5× (1.62%)
Sep 2025 1.6× 186.00%
24 more quarters

Against its own ten years

Low 0.0× High 2.7×
Ten-year median 0.8×
Current reading's percentile 73

P/B ratio against peers

Company P/B ratio
EQX Equinox Gold Corp. 1.4×
CDE Coeur Mining, Inc. compare 1.4×
SSRM Silver Standard Resources Inc. compare 1.7×
BTG B2Gold Corp compare 1.8×
OGC Oceanagold Corp. compare 2.3×
HMY Harmony Gold Mining Company Limited compare 2.4×
RGLD Royal Gold, Inc. compare 2.9×
OR OR Royalties Inc. compare 4.5×
AUGO Aura Minerals Inc. compare 13.2×
Gold industry median 2.4×
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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