PAAS Relative Valuation
PAAS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PAAS is overvalued; if below, it's undervalued.
Historical Valuation
Pan American Silver Corp (PAAS) is now in the Overvalued zone, suggesting that its current forward PS ratio of 4.99 is considered Overvalued compared with the five-year average of 7.25. The fair price of Pan American Silver Corp (PAAS) is between 32.26 to 46.18 according to relative valuation methord. Compared to the current price of 53.09 USD , Pan American Silver Corp is Overvalued By 14.96%.
Relative Value
Fair Zone
32.26-46.18
Current Price:53.09
14.96%
Overvalued
13.08
PE
1Y
3Y
5Y
6.71
EV/EBITDA
Pan American Silver Corp. (PAAS) has a current EV/EBITDA of 6.71. The 5-year average EV/EBITDA is 6.85. The thresholds are as follows: Strongly Undervalued below 2.24, Undervalued between 2.24 and 4.55, Fairly Valued between 9.16 and 4.55, Overvalued between 9.16 and 11.46, and Strongly Overvalued above 11.46. The current Forward EV/EBITDA of 6.71 falls within the Historic Trend Line -Fairly Valued range.
10.78
EV/EBIT
Pan American Silver Corp. (PAAS) has a current EV/EBIT of 10.78. The 5-year average EV/EBIT is 5.18. The thresholds are as follows: Strongly Undervalued below -103.76, Undervalued between -103.76 and -49.29, Fairly Valued between 59.65 and -49.29, Overvalued between 59.65 and 114.12, and Strongly Overvalued above 114.12. The current Forward EV/EBIT of 10.78 falls within the Historic Trend Line -Fairly Valued range.
4.99
PS
Pan American Silver Corp. (PAAS) has a current PS of 4.99. The 5-year average PS is 2.88. The thresholds are as follows: Strongly Undervalued below 1.24, Undervalued between 1.24 and 2.06, Fairly Valued between 3.70 and 2.06, Overvalued between 3.70 and 4.52, and Strongly Overvalued above 4.52. The current Forward PS of 4.99 falls within the Strongly Overvalued range.
9.80
P/OCF
Pan American Silver Corp. (PAAS) has a current P/OCF of 9.80. The 5-year average P/OCF is 9.22. The thresholds are as follows: Strongly Undervalued below 1.60, Undervalued between 1.60 and 5.41, Fairly Valued between 13.04 and 5.41, Overvalued between 13.04 and 16.85, and Strongly Overvalued above 16.85. The current Forward P/OCF of 9.80 falls within the Historic Trend Line -Fairly Valued range.
13.60
P/FCF
Pan American Silver Corp. (PAAS) has a current P/FCF of 13.60. The 5-year average P/FCF is 16.66. The thresholds are as follows: Strongly Undervalued below -15.84, Undervalued between -15.84 and 0.41, Fairly Valued between 32.91 and 0.41, Overvalued between 32.91 and 49.16, and Strongly Overvalued above 49.16. The current Forward P/FCF of 13.60 falls within the Historic Trend Line -Fairly Valued range.
Pan American Silver Corp (PAAS) has a current Price-to-Book (P/B) ratio of 3.26. Compared to its 3-year average P/B ratio of 1.84 , the current P/B ratio is approximately 76.84% higher. Relative to its 5-year average P/B ratio of 1.88, the current P/B ratio is about 73.58% higher. Pan American Silver Corp (PAAS) has a Forward Free Cash Flow (FCF) yield of approximately 3.47%. Compared to its 3-year average FCF yield of 2.19%, the current FCF yield is approximately 58.06% lower. Relative to its 5-year average FCF yield of 2.22% , the current FCF yield is about 56.09% lower.
3.26
P/B
Median3y
1.84
Median5y
1.88
3.47
FCF Yield
Median3y
2.19
Median5y
2.22
Competitors Valuation Multiple
The average P/S ratio for PAAS's competitors is 6.01, providing a benchmark for relative valuation. Pan American Silver Corp Corp (PAAS) exhibits a P/S ratio of 4.99, which is -16.94% above the industry average. Given its robust revenue growth of 19.34%, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of PAAS increased by 129.86% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 7.97 to 19.80.
The secondary factor is the Revenue Growth, contributed 19.34%to the performance.
Overall, the performance of PAAS in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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Frequently Asked Questions
Is Pan American Silver Corp (PAAS) currently overvalued or undervalued?
Pan American Silver Corp (PAAS) is now in the Overvalued zone, suggesting that its current forward PS ratio of 4.99 is considered Overvalued compared with the five-year average of 7.25. The fair price of Pan American Silver Corp (PAAS) is between 32.26 to 46.18 according to relative valuation methord. Compared to the current price of 53.09 USD , Pan American Silver Corp is Overvalued By 14.96% .
What is Pan American Silver Corp (PAAS) fair value?
PAAS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Pan American Silver Corp (PAAS) is between 32.26 to 46.18 according to relative valuation methord.
How does PAAS's valuation metrics compare to the industry average?
The average P/S ratio for PAAS's competitors is 6.01, providing a benchmark for relative valuation. Pan American Silver Corp Corp (PAAS) exhibits a P/S ratio of 4.99, which is -16.94% above the industry average. Given its robust revenue growth of 19.34%, this premium appears unsustainable.
What is the current P/B ratio for Pan American Silver Corp (PAAS) as of Jan 08 2026?
As of Jan 08 2026, Pan American Silver Corp (PAAS) has a P/B ratio of 3.26. This indicates that the market values PAAS at 3.26 times its book value.
What is the current FCF Yield for Pan American Silver Corp (PAAS) as of Jan 08 2026?
As of Jan 08 2026, Pan American Silver Corp (PAAS) has a FCF Yield of 3.47%. This means that for every dollar of Pan American Silver Corp’s market capitalization, the company generates 3.47 cents in free cash flow.
What is the current Forward P/E ratio for Pan American Silver Corp (PAAS) as of Jan 08 2026?
As of Jan 08 2026, Pan American Silver Corp (PAAS) has a Forward P/E ratio of 13.08. This means the market is willing to pay $13.08 for every dollar of Pan American Silver Corp’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Pan American Silver Corp (PAAS) as of Jan 08 2026?
As of Jan 08 2026, Pan American Silver Corp (PAAS) has a Forward P/S ratio of 4.99. This means the market is valuing PAAS at $4.99 for every dollar of expected revenue over the next 12 months.