Agnico Pb Ratio vs Price To Sales Ratio Analysis

AEM Stock

CAD 135.79 7.24 5.06%

Agnico Eagle financial indicator trend analysis is way more than just evaluating Agnico Eagle Mines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agnico Eagle Mines is a good investment. Please check the relationship between Agnico Eagle Pb Ratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agnico Eagle Mines Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Agnico Eagle's Pb Ratio and Price To Sales Ratio is 0.81. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Agnico Eagle Mines, assuming nothing else is changed. The correlation between historical values of Agnico Eagle's Pb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Agnico Eagle Mines are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pb Ratio i.e., Agnico Eagle's Pb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Pb Ratio

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Agnico Eagle Mines stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Agnico Eagle sales, a figure that is much harder to manipulate than other Agnico Eagle Mines multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Agnico Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agnico Eagle Mines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Agnico Eagle's Selling General Administrative is very stable compared to the past year. As of the 18th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.05, while Tax Provision is likely to drop about 254.1 M.

	2022	2023	2024	2025 (projected)
Gross Profit	2.0B	2.2B	2.5B	2.7B
Total Revenue	5.7B	6.6B	7.6B	8.0B

Gross Profit Total Revenue

Agnico Eagle fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Short Long Term Debt Total	Inventory	Common Stock Total Equity
Common Stock Shares Outstanding		0.94	0.88	0.9	0.93	0.93	0.84	0.85	0.72	0.95	0.2	0.94	0.94	0.78	0.15	-0.35	0.96	0.97	0.15	0.95	0.92	0.92	0.42	0.88	0.94	0.48
Total Assets	0.94		0.98	0.94	1.0	1.0	0.96	0.73	0.78	0.98	0.28	1.0	0.98	0.85	0.19	-0.49	1.0	0.98	0.08	1.0	0.99	0.96	0.42	0.8	0.99	0.42
Other Current Liab	0.88	0.98		0.96	0.98	0.99	0.95	0.71	0.73	0.97	0.35	0.98	0.95	0.89	0.25	-0.51	0.97	0.95	0.06	0.98	0.98	0.97	0.46	0.8	0.98	0.48
Total Current Liabilities	0.9	0.94	0.96		0.93	0.94	0.91	0.81	0.69	0.96	0.3	0.94	0.94	0.92	0.21	-0.48	0.95	0.93	0.05	0.96	0.94	0.94	0.67	0.88	0.97	0.55
Total Stockholder Equity	0.93	1.0	0.98	0.93		1.0	0.97	0.7	0.79	0.97	0.28	1.0	0.97	0.84	0.19	-0.49	0.99	0.97	0.07	0.99	0.99	0.95	0.4	0.78	0.98	0.4
Property Plant And Equipment Net	0.93	1.0	0.99	0.94	1.0		0.97	0.73	0.77	0.98	0.28	1.0	0.98	0.85	0.19	-0.49	0.99	0.97	0.09	0.99	0.99	0.96	0.42	0.8	0.99	0.43
Current Deferred Revenue	0.84	0.96	0.95	0.91	0.97	0.97		0.65	0.76	0.91	0.21	0.97	0.94	0.82	0.1	-0.57	0.95	0.91	0.07	0.95	0.96	0.88	0.45	0.71	0.94	0.33
Net Debt	0.85	0.73	0.71	0.81	0.7	0.73	0.65		0.41	0.82	0.02	0.73	0.76	0.74	0.0	-0.31	0.78	0.81	0.24	0.79	0.71	0.73	0.57	0.96	0.79	0.64
Retained Earnings	0.72	0.78	0.73	0.69	0.79	0.77	0.76	0.41		0.72	-0.04	0.79	0.84	0.67	-0.15	-0.52	0.76	0.79	-0.12	0.76	0.81	0.65	0.24	0.42	0.75	-0.04
Accounts Payable	0.95	0.98	0.97	0.96	0.97	0.98	0.91	0.82	0.72		0.3	0.98	0.97	0.89	0.22	-0.44	0.99	0.97	0.07	0.99	0.97	0.97	0.47	0.89	0.99	0.53
Cash	0.2	0.28	0.35	0.3	0.28	0.28	0.21	0.02	-0.04	0.3		0.26	0.16	0.2	0.98	0.19	0.26	0.16	-0.08	0.27	0.22	0.49	0.09	0.29	0.27	0.58
Non Current Assets Total	0.94	1.0	0.98	0.94	1.0	1.0	0.97	0.73	0.79	0.98	0.26		0.98	0.85	0.17	-0.5	1.0	0.98	0.08	0.99	0.99	0.95	0.42	0.79	0.99	0.41
Non Currrent Assets Other	0.94	0.98	0.95	0.94	0.97	0.98	0.94	0.76	0.84	0.97	0.16	0.98		0.9	0.07	-0.56	0.98	0.97	0.07	0.98	0.99	0.92	0.46	0.8	0.98	0.38
Other Assets	0.78	0.85	0.89	0.92	0.84	0.85	0.82	0.74	0.67	0.89	0.2	0.85	0.9		0.09	-0.62	0.86	0.86	0.03	0.87	0.88	0.84	0.59	0.78	0.91	0.51
Cash And Short Term Investments	0.15	0.19	0.25	0.21	0.19	0.19	0.1	0.0	-0.15	0.22	0.98	0.17	0.07	0.09		0.31	0.18	0.08	-0.02	0.18	0.13	0.42	0.08	0.27	0.18	0.55
Short Term Investments	-0.35	-0.49	-0.51	-0.48	-0.49	-0.49	-0.57	-0.31	-0.52	-0.44	0.19	-0.5	-0.56	-0.62	0.31		-0.48	-0.47	0.02	-0.49	-0.53	-0.34	-0.21	-0.27	-0.51	-0.05
Non Current Liabilities Total	0.96	1.0	0.97	0.95	0.99	0.99	0.95	0.78	0.76	0.99	0.26	1.0	0.98	0.86	0.18	-0.48		0.98	0.1	1.0	0.99	0.96	0.43	0.84	0.99	0.46
Other Current Assets	0.97	0.98	0.95	0.93	0.97	0.97	0.91	0.81	0.79	0.97	0.16	0.98	0.97	0.86	0.08	-0.47	0.98		0.14	0.98	0.97	0.93	0.43	0.84	0.98	0.44
Other Stockholder Equity	0.15	0.08	0.06	0.05	0.07	0.09	0.07	0.24	-0.12	0.07	-0.08	0.08	0.07	0.03	-0.02	0.02	0.1	0.14		0.1	0.07	0.1	-0.03	0.18	0.1	0.16
Total Liab	0.95	1.0	0.98	0.96	0.99	0.99	0.95	0.79	0.76	0.99	0.27	0.99	0.98	0.87	0.18	-0.49	1.0	0.98	0.1		0.99	0.96	0.46	0.85	0.99	0.47
Property Plant And Equipment Gross	0.92	0.99	0.98	0.94	0.99	0.99	0.96	0.71	0.81	0.97	0.22	0.99	0.99	0.88	0.13	-0.53	0.99	0.97	0.07	0.99		0.94	0.44	0.77	0.99	0.38
Total Current Assets	0.92	0.96	0.97	0.94	0.95	0.96	0.88	0.73	0.65	0.97	0.49	0.95	0.92	0.84	0.42	-0.34	0.96	0.93	0.1	0.96	0.94		0.45	0.86	0.96	0.58
Short Term Debt	0.42	0.42	0.46	0.67	0.4	0.42	0.45	0.57	0.24	0.47	0.09	0.42	0.46	0.59	0.08	-0.21	0.43	0.43	-0.03	0.46	0.44	0.45		0.57	0.49	0.43
Short Long Term Debt Total	0.88	0.8	0.8	0.88	0.78	0.8	0.71	0.96	0.42	0.89	0.29	0.79	0.8	0.78	0.27	-0.27	0.84	0.84	0.18	0.85	0.77	0.86	0.57		0.85	0.73
Inventory	0.94	0.99	0.98	0.97	0.98	0.99	0.94	0.79	0.75	0.99	0.27	0.99	0.98	0.91	0.18	-0.51	0.99	0.98	0.1	0.99	0.99	0.96	0.49	0.85		0.5
Common Stock Total Equity	0.48	0.42	0.48	0.55	0.4	0.43	0.33	0.64	-0.04	0.53	0.58	0.41	0.38	0.51	0.55	-0.05	0.46	0.44	0.16	0.47	0.38	0.58	0.43	0.73	0.5

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Agnico Eagle Account Relationship Matchups

Agnico Eagle fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	238.2M	243.1M	244.7M	489.9M	563.4M	591.6M
Total Assets	9.6B	10.2B	23.5B	28.7B	33.0B	34.6B
Other Current Liab	225.0M	267.5M	546.8M	502.5M	577.9M	606.8M
Total Current Liabilities	515.7M	761.8M	946.4M	1.0B	1.2B	1.3B
Total Stockholder Equity	5.7B	6.0B	16.2B	19.4B	22.3B	23.5B
Property Plant And Equipment Net	7.3B	7.6B	18.5B	21.2B	24.4B	25.6B
Net Debt	1.3B	1.5B	834.8M	1.7B	1.9B	2.0B
Retained Earnings	(366.4M)	(165.3M)	(201.6M)	963.2M	866.9M	910.2M
Accounts Payable	167.1M	189.1M	259.0M	317.9M	365.6M	383.8M
Cash	402.5M	185.8M	658.6M	338.6M	389.4M	220.6M
Non Current Assets Total	8.4B	8.9B	21.3B	26.5B	30.5B	32.0B
Non Currrent Assets Other	259.3M	353.2M	466.9M	779.6M	896.6M	941.4M
Other Assets	184.9M	259.3M	561.4M	450.5M	518.1M	544.0M
Cash And Short Term Investments	406.5M	191.1M	658.6M	348.8M	401.2M	268.0M
Short Term Investments	3.9M	5.3M	9.9M	10.2M	11.7M	11.1M
Liabilities And Stockholders Equity	9.6B	10.2B	23.5B	28.7B	33.0B	34.6B
Non Current Liabilities Total	3.4B	3.4B	6.3B	8.2B	9.4B	9.9B
Other Current Assets	109.8M	129.7M	158.6M	238.5M	274.2M	287.9M
Other Stockholder Equity	212.9M	228.4M	220.7M	223.8M	257.4M	244.5M
Total Liab	3.9B	4.2B	7.3B	9.3B	10.7B	11.2B
Property Plant And Equipment Gross	7.3B	14.1B	26.1B	32.5B	37.3B	39.2B
Total Current Assets	1.2B	1.3B	2.2B	2.2B	2.5B	2.6B
Accumulated Other Comprehensive Income	85.3M	54.3M	(29.0M)	(99.0M)	(89.1M)	(84.6M)
Short Term Debt	20.9M	258.0M	136.5M	146.4M	168.4M	176.8M
Short Long Term Debt Total	1.7B	1.7B	1.5B	2.0B	2.3B	2.4B
Inventory	630.5M	878.9M	1.2B	1.4B	1.6B	1.7B
Common Stock	5.8B	5.9B	16.3B	18.3B	21.1B	22.1B
Net Receivables	15.5M	21.2M	43.6M	184.9M	212.6M	223.3M
Other Liab	1.4B	1.8B	2.0B	5.0B	5.7B	6.0B
Net Tangible Assets	4.1B	4.7B	5.3B	5.6B	6.4B	4.6B
Long Term Debt	1.6B	1.3B	1.2B	1.7B	2.0B	1.5B
Property Plant Equipment	7.0B	7.3B	7.6B	18.5B	21.2B	22.3B
Long Term Debt Total	1.5B	1.7B	1.4B	1.4B	1.6B	1.5B
Capital Lease Obligations	120.3M	131.4M	151.3M	161.5M	185.8M	96.3M

Pair Trading with Agnico Eagle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agnico Stock

0.62	FDR	Flinders Resources	Pair Corr
0.85	ORE	Orezone Gold Corp	Pair Corr

Moving against Agnico Stock

0.76	IE	Ivanhoe Energy	Pair Corr
0.69	NVDA	NVIDIA CDR Earnings Call Tomorrow	Pair Corr
0.6	FDY	Faraday Copper Corp	Pair Corr
0.53	INFM	Infinico Metals Corp	Pair Corr
0.37	XOM	EXXON MOBIL CDR	Pair Corr

The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.

The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:

How To Invest In Agnico

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Is Agnico Stock a good investment?

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What is Agnico Eagle's Net Worth?

Details

Largest Metals & Mining Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Agnico Pb Ratio vs Price To Sales Ratio Analysis

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Pb Ratio

Price To Sales Ratio

Agnico Eagle fundamental ratios Correlations

Agnico Eagle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Agnico Eagle fundamental ratios Accounts

Pair Trading with Agnico Eagle

Moving together with Agnico Stock

Moving against Agnico Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity

Short Term Investments	- 0.62	Other Assets
Short Term Investments	- 0.57	Current Deferred Revenue
Short Term Investments	- 0.56	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.53	Short Term Investments
Short Term Investments	- 0.52	Retained Earnings
Inventory	- 0.51	Short Term Investments