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

Royal Gold, Inc.

RGLD Basic Materials Gold

Royal Gold, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 43.2% from fiscal 2024.

Revenue
+84.4%
EPS
+39.6%
Free cash flow
+98.0%
Total debt
−81.0%

Quarter to September 2026, against a year earlier

262.25 16.17 +6.57%
Market cap
$22.1B
P/E
26.4×
Fwd P/E
19.7×
Dividend yield
0.72%
F-score
4/9
Altman Z
4.51
Beneish M
−2.19
Dividend safety
89/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Royal Gold, Inc. (RGLD) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Royal Gold, Inc. (RGLD) trades at a P/B ratio of 2.9×. Over the past ten years it has ranged from 0.7× (January 2016) to 4.5× (December 2025); the current reading is higher than 63% 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 2.1× (22.54%)
FY2024 2.8× 2.02%
FY2023 2.7× (2.60%)
FY2022 2.8× 7.17%
FY2022 2.6× (13.10%)
FY2021 3.0× (15.56%)
FY2020 3.5× 15.96%
FY2019 3.1× 8.16%
FY2018 2.8× 28.54%
FY2017 2.2× 7.06%

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.6× 15.87%
Jun 2026 2.2× (23.27%)
Mar 2026 2.9× 34.90%
Dec 2025 2.1× (44.52%)
43 more quarters

Against its own ten years

Low 0.7× High 4.5×
Ten-year median 2.7×
Current reading's percentile 59

P/B ratio against peers

Company P/B ratio
EQX Equinox Gold Corp. compare 1.4×
CDE Coeur Mining, Inc. compare 1.4×
BTG B2Gold Corp compare 1.8×
HMY Harmony Gold Mining Company Limited compare 2.4×
RGLD Royal Gold, Inc. 2.9×
GFI Gold Fields Limited compare 3.4×
AU AngloGold Ashanti PLC compare 4.2×
FNV Franco-Nevada Corporation compare 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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