FIRST MAJESTIC SILVER CORP (AG) Valuation

Historical valuation analysis based on 500 data points (2024-09-23 to 2026-09-21)

First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company...

FIRST MAJESTIC SILVER CORP (AG) currently trades at a P/E ratio of 57.68 (historical range: 44.90–95.62, median: 60.40), placing it at the 36th percentile — below its historical average, P/S ratio of 7.57 (range: 2.84–15.35, 55th percentile — near its historical average), EV/EBITDA of 23.43 (range: 17.69–1434.51, 15th percentile).

FIRST MAJESTIC SILVER CORP appears undervalued relative to its historical range, with most valuation metrics below their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio57.6844.9060.4095.6236thbelow its historical average
P/S Ratio7.572.847.3415.3555thnear its historical average
EV/EBITDA23.4317.69386.561434.5115thcheap relative to its history
FCF Yield0.060.020.060.1252thnear its historical average
Current Price: $19.39
Market Cap: $9.6B
Sector: Other

FIRST MAJESTIC SILVER CORP (AG) Valuation & P/E History

FIRST MAJESTIC SILVER CORP (AG) is a US-listed stock operating in the Other sector currently trading at $19.39 with a market capitalization of $9.6 billion. This page provides historical valuation analysis for AG based on 500 data points covering 2024-09-23 to 2026-09-21. The P/E ratio of 57.68 is below the historical median of 60.40, placing AG at the 36th percentile of its valuation range. The P/S ratio of 7.57 compares to a median of 7.34.

AG Valuation Metrics & Historical Range

The valuation table above shows FIRST MAJESTIC SILVER CORP's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AG is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AG is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for FIRST MAJESTIC SILVER CORP.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is AG Overvalued or Undervalued?

FIRST MAJESTIC SILVER CORP appears undervalued relative to its historical range, with most valuation metrics below their median levels. The overall valuation percentile of 35 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AG is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AG analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.