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Royal Gold (RGLD, Gold mining) Stock Valuation & Fair Value

Weak on forward returns

Royal Gold (RGLD, Gold mining) trades at a current P/E of 25.9, about 46% below its historical normal valuation, with a forward growth estimate of 14.0% and a PEG of 1.84. Analysts' one-year estimates have been hit 50% of the time. Priced at its historical normal P/E of 48.2 on the same blended earnings, the 2026-11-06 close of $265.81 corresponds to about $495 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
25.9
Normal P/E
48.2
PEG
1.84
Fwd growth
14.0%
Div yield
0.7%
RSI (14)
65.3
Neutral
Technical context
  • Price $265.81 at the Nov 6 close, 11.5% above the 20-day average ($238.33) and 8.8% above the 50-day ($244.37).
  • RSI (14) at 65.3.
  • 52-week range $174.71 to $303.02: the price is 12.3% below the high and 52.1% above the low.

The Street vs SeerForecast

Wall Street's mean price target for RGLD is $310.08 across 12 analysts, 16.7% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: weak on forward returns. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating changed 2 times after 2026-07-31 and is back where it started: weak on forward returns as of 2026-11-02.

Current P/E and rating by weekCurrent P/E moved from 22.1 to 22.3 between 2026-07-31 and 2026-10-30, against a normal P/E of 48.2, with 2 rating changes over 14 recorded weeks.2026-07-31: P/E 22.1, Weak on forward returns, recalculated for the week of 2026-07-312026-07-31: P/E 21.6, Weak on forward returns, recorded live 2026-08-032026-08-07: P/E 21.6, Weak on forward returns, recalculated for the week of 2026-08-072026-08-07: P/E 25.1, Weak on forward returns, recorded live 2026-08-102026-08-14: P/E 25.1, Weak on forward returns, recalculated for the week of 2026-08-142026-08-14: P/E 25.4, Weak on forward returns, recorded live 2026-08-172026-08-21: P/E 25.4, Weak on forward returns, recalculated for the week of 2026-08-212026-08-21: P/E 28.4, Weak on forward returns, recorded live 2026-08-242026-08-27: P/E 28.4, Weak on forward returns, recalculated for the week of 2026-08-272026-08-28: P/E 28.4, Weak on forward returns, recalculated for the week of 2026-08-282026-08-28: P/E 28.4, Weak on forward returns, recalculated for the week of 2026-08-302026-08-28: P/E 28.7, Weak on forward returns, recorded live 2026-08-312026-09-04: P/E 28.7, Weak on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 28.4, Weak on forward returns, recorded live 2026-09-072026-09-11: P/E 28.4, Weak on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 27.2, Weak on forward returns, recorded live 2026-09-142026-09-18: P/E 27.2, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 26.8, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 26.8, Weak on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 26.9, Weak on forward returns, recorded live 2026-09-282026-10-02: P/E 26.9, Weak on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 24.9, Weak on forward returns, recorded live 2026-10-052026-10-09: P/E 24.9, Weak on forward returns, recalculated for the week of 2026-10-102026-10-09: P/E 24.3, Mixed on our tests, recorded live 2026-10-122026-10-16: P/E 24.3, Mixed on our tests, recalculated for the week of 2026-10-172026-10-16: P/E 24.4, Mixed on our tests, recorded live 2026-10-192026-10-23: P/E 22.5, Weak on forward returns, recorded live 2026-10-262026-10-30: P/E 22.5, Weak on forward returns, recalculated for the week of 2026-10-312026-10-30: P/E 22.3, Weak on forward returns, recorded live 2026-11-0230.040.0Jul 31Aug 23Sep 15Oct 7Oct 30Normal P/E 48.2
Mixed on our testsWeak on forward returns

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 22.1-54%Weak on forward returns (recalculated)
2026-08-03P/E 21.6-55%Weak on forward returns
2026-08-31P/E 28.7-41%Weak on forward returns
2026-10-12P/E 24.3-50%Mixed on our tests (across a rating rules change)
2026-10-26P/E 22.5-53%Weak on forward returns
2026-11-02P/E 22.3-54%Weak on forward returns ← now
Show all 29 readings
WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 22.1-54%Weak on forward returns (recalculated)
2026-08-03P/E 21.6-55%Weak on forward returns
2026-08-07P/E 21.6-55%Weak on forward returns (recalculated)
2026-08-10P/E 25.1-48%Weak on forward returns
2026-08-14P/E 25.1-48%Weak on forward returns (recalculated)
2026-08-17P/E 25.4-47%Weak on forward returns
2026-08-21P/E 25.4-47%Weak on forward returns (recalculated)
2026-08-24P/E 28.4-41%Weak on forward returns
2026-08-27P/E 28.4-41%Weak on forward returns (recalculated)
2026-08-28P/E 28.4-41%Weak on forward returns (recalculated)
2026-08-30P/E 28.4-41%Weak on forward returns (recalculated)
2026-08-31P/E 28.7-41%Weak on forward returns
2026-09-05P/E 28.7-41%Weak on forward returns (recalculated)
2026-09-07P/E 28.4-41%Weak on forward returns
2026-09-12P/E 28.4-41%Weak on forward returns (recalculated)
2026-09-14P/E 27.2-44%Weak on forward returns
2026-09-19P/E 27.2-44%Weak on forward returns (recalculated)
2026-09-21P/E 26.8-45%Weak on forward returns
2026-09-26P/E 26.8-45%Weak on forward returns (recalculated)
2026-09-28P/E 26.9-44%Weak on forward returns
2026-10-03P/E 26.9-44%Weak on forward returns (recalculated)
2026-10-05P/E 24.9-48%Weak on forward returns
2026-10-10P/E 24.9-48%Weak on forward returns (recalculated)
2026-10-12P/E 24.3-50%Mixed on our tests (across a rating rules change)
2026-10-17P/E 24.3-50%Mixed on our tests (recalculated)
2026-10-19P/E 24.4-49%Mixed on our tests
2026-10-26P/E 22.5-53%Weak on forward returns
2026-10-31P/E 22.5-53%Weak on forward returns (recalculated)
2026-11-02P/E 22.3-54%Weak on forward returns ← now

Frequently asked questions

Is Royal Gold stock overvalued?

At a current P/E of 25.9 versus its historical normal P/E of 48.2, Royal Gold trades about 46% below its typical valuation, with a PEG of 1.84 on 14.0% forward growth. tickerseer currently rates it weak on forward returns.

What is Royal Gold's fair value and PEG?

Royal Gold trades at a current P/E of 25.9 against a historical normal P/E of 48.2, a PEG of 1.84, and a forward growth estimate of 14.0%. Priced at its historical normal P/E of 48.2 on the same blended earnings, the 2026-11-06 close of $265.81 corresponds to about $495 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Royal Gold changed?

tickerseer's rating changed 2 times after 2026-07-31 and is back where it started: weak on forward returns as of 2026-11-02.

What is the analyst price target for Royal Gold?

The mean Wall Street price target for Royal Gold is $310.08 across 12 analysts, 16.7% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Gold mining. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

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