Wheaton Precious Metals Corp.

WPM Basic Materials Gold

Wheaton Precious Metals Corp.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 80.2% from fiscal 2024.

Revenue
+84.7%
EPS
+87.5%
Free cash flow
−5,848.0%

Quarter to June 2026, against a year earlier

134.48 2.02 +1.52%
Market cap
$60.2B
P/E
29.3×
Fwd P/E
25.4×
Dividend yield
0.57%
F-score
7/9
Altman Z
75.21
Beneish M
0.60
Dividend safety
79/100

Wheaton Precious Metals Corp. (WPM) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Wheaton Precious Metals Corp. (WPM) trades at a P/B ratio of 6.2×. Over the past ten years it has ranged from 1.0× (September 2015) to 8.7× (March 2026); the current reading is higher than 94% 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 6.1× 74.71%
FY2024 3.5× 11.91%
FY2023 3.1× 15.11%
FY2022 2.7× (11.80%)
FY2021 3.1× (5.66%)
FY2020 3.3× 31.54%
FY2019 2.5× 48.79%
FY2018 1.7× (16.76%)
FY2017 2.0× 16.47%
FY2016 1.7× 42.90%

Quarterly newest first

Period P/B ratio Change
Jun 2026 5.3× (18.21%)
Mar 2026 6.4× 4.85%
Dec 2025 6.1× (2.16%)
Sep 2025 6.3× 19.47%
42 more quarters

Against its own ten years

Low 1.0× High 8.7×
Ten-year median 2.8×
Current reading's percentile 94

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 compare 5.9×
WPM Wheaton Precious Metals Corp. 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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