Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the company's LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States. The company was incorporated in 1953 and is headquartered in Toronto, Canada.
P/B ratio for Agnico Eagle Mines Limited (AEM)
P/B ratio as of 2023: 1.39
According to Agnico Eagle Mines Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.39. At the end of 2022 the company had a P/B ratio of 1.40.
P/B ratio history for Agnico Eagle Mines Limited from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.39 |
| 2022 | 1.40 |
| 2021 | 2.17 |
| 2020 | 3.00 |
| 2019 | 2.86 |
| 2018 | 2.07 |
| 2017 | 2.17 |
| 2016 | 2.08 |
| 2015 | 1.37 |
| 2014 | 1.19 |
| 2013 | 1.53 |
| 2012 | 2.63 |
| 2011 | 1.92 |
| 2010 | 3.40 |
| 2009 | 3.06 |
| 2008 | 2.95 |
| 2007 | 3.52 |
| 2006 | 3.79 |
| 2005 | 2.66 |
| 2004 | 2.50 |
| 2003 | 2.55 |
| 2002 | 2.51 |
| 2001 | 2.97 |
| 2000 | 2.59 |
| 1999 | 2.92 |
| 1998 | 1.46 |
| 1997 | 2.43 |
| 1996 | 2.86 |
| 1995 | 3.90 |
| 1994 | 3.51 |
| 1993 | 3.96 |
| 1992 | 0.00 |
| 1991 | 0.00 |
| 1990 | 0.00 |
| 1989 | 0.00 |
| 1988 | 0.00 |
| 1987 | 0.00 |
| 1986 | 0.00 |
| 1985 | 0.00 |