Kinross Gold Corporation (KGC) Stock Valuation — PE Analysis
Gold · NYSE
Current Price
$25.58
PE Ratio (TTM)
10.7x
Intrinsic Value
$33.37
+23.3% margin of safety
COMPETITIVE MOAT
↑Global Asset Diversification
Kinross operates mines across multiple continents, reducing reliance on any single jurisdiction. This geographic spread mitigates country-specific political or operational risks.
↑Long-Life Reserves
The company possesses significant proven and probable gold reserves. These long-life assets provide a predictable revenue stream and operational runway for years to come.
↑Sustainability Focus
Kinross's commitment to sustainability, evidenced by its 2025 report, can foster stronger community relations and government support. This can lead to smoother operations and reduced regulatory hurdles.
INVESTMENT RISKS
↓Commodity Price Volatility
Gold prices are inherently volatile and can significantly impact Kinross's revenue and profitability. External market forces are beyond the company's direct control.
↓Operational and Geological Risks
Mining operations face inherent risks from geological complexities, equipment failures, and potential accidents. These can lead to production disruptions and increased costs.
↓Regulatory and Permitting Challenges
Kinross operates in diverse regulatory environments, facing potential changes in mining laws, environmental regulations, and permitting delays. These can impact project timelines and costs.
Base case
KGC base case PE valuation
A base case PE valuation for KGC estimates a fair value of about $33.37 per share, against a current price of $25.58. The model assumes 6.6% annual earnings growth, a 11x target PE multiple, and a 10% discount rate.
Intrinsic Value
$33.37
Margin of safety
+23.3%
Expected annual return
+5.5%
Base case assumptions: 6.6% annual earnings growth, 11x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the KGC PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Kinross Gold Corporation respond.
Open PE Calculator for KGCCompany Overview
Kinross Gold Corporation, along with its various affiliates, is dedicated to acquiring, exploring, and developing gold deposits primarily across regions such as the United States, Russia, Brazil, Chile, Ghana, and Mauritania. Beyond these core operations, the company also handles the mining and processing of gold-bearing ores, conducts rehabilitation of former gold mining sites, and produces and sells silver. Kinross Gold Corporation was established in 1993 and maintains its corporate headquarters in Toronto, Canada.
Financial Metrics — KGC PE Stock Valuation Data
PE Ratio (TTM)
10.7x
PEG Ratio
0.08
Earnings Yield
9.32%
ROE (TTM)
34.5%
Revenue/Share (TTM)
$6.62
Dividend Yield
0.57%
Debt/Equity
0.08x
Frequently Asked Questions
What is the PE ratio of KGC?
The trailing twelve-month PE ratio of KGC reflects how much investors pay per dollar of Kinross Gold Corporation's earnings. This metric is most useful when compared to Gold peers and the company's own historical range.
Is KGC overvalued based on PE ratio?
KGC's PE of 10.7x combined with a PEG ratio of 0.08 provides a growth-adjusted perspective. A PEG below 1.0 suggests KGC may be undervalued relative to its earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Gold, a DCF analysis may be more appropriate.
How do I value KGC stock using PE ratio?
To value Kinross Gold Corporation using PE: (1) Compare the current PE (10.7x) against the Gold median to assess relative pricing, (2) check the PEG ratio (0.08) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of KGC?
KGC's PEG ratio is 0.08, calculated by dividing the PE ratio (10.7x) by the expected earnings growth rate. A PEG below 1.0 is traditionally considered a sign of undervaluation — the market may not be fully pricing in the growth potential. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for KGC stock valuation?
PE ratio gives a quick relative read — how KGC is priced versus Gold peers. DCF provides an absolute value based on projected free cash flows. For KGC, with a strong ROE of 34.5%, both methods are worth using — PE for a market-relative check, DCF to stress-test whether fundamentals justify the price. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See KGC DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Basic Materials valuationsP/E and DCF value KGC with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.