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Friday 6 November 2026 Export FNV’s income statement to Excel — free account

Franco-Nevada Corporation

FNV Basic Materials Gold

Franco-Nevada Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 63.7% from fiscal 2024.

Revenue
+57.3%
EPS
+43.8%
Free cash flow
+143.2%

Quarter to June 2026, against a year earlier

252.44 10.30 +4.25%
Market cap
$48.4B
P/E
32.9×
Fwd P/E
29.0×
Dividend yield
0.67%
F-score
7/9
Altman Z
40.67
Beneish M
−1.97
Dividend safety
65/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Franco-Nevada Corporation (FNV) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Franco-Nevada Corporation (FNV) trades at a P/B ratio of 5.9×. Over the past ten years it has ranged from 1.9× (July 2015) to 7.1× (February 2026); the current reading is higher than 96% of that period. That is above the Gold industry median of 2.4× 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 5.2× 38.65%
FY2024 3.8× 1.72%
FY2023 3.7× (10.03%)
FY2022 4.1× (6.01%)
FY2021 4.4× 0.11%
FY2020 4.4× 14.39%
FY2019 3.8× 35.86%
FY2018 2.8× (8.78%)
FY2017 3.1× 20.16%
FY2016 2.6× 13.33%

Quarterly newest first

Period P/B ratio Change
Jun 2026 4.9× (16.96%)
Mar 2026 5.9× 12.31%
Dec 2025 5.2× (14.76%)
Sep 2025 6.1× 28.27%
42 more quarters

Against its own ten years

Low 1.9× High 7.1×
Ten-year median 3.9×
Current reading's percentile 96

P/B ratio against peers

Company P/B ratio
EQX Equinox Gold Corp. compare 1.4×
CDE Coeur Mining, Inc. compare 1.4×
HMY Harmony Gold Mining Company Limited compare 2.4×
RGLD Royal Gold, Inc. compare 2.9×
GFI Gold Fields Limited compare 3.4×
NEM Newmont Corporation compare 3.5×
AU AngloGold Ashanti PLC compare 4.2×
FNV Franco-Nevada Corporation 5.9×
WPM Wheaton Precious Metals Corp. compare 6.2×
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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