ROYAL GOLD INC (RGLD)
Mineral Royalty Traders
Latest Price
$198.35
TTM P/E
23.98
Normalized P/E
38.61
Div Yield
0.93%
Book Value
87.52
P/B Ratio
2.27
Valuation metrics
adjust assumptions →EPS: $6.69
Book value / share: $84.70
Formula: √(22.5 × EPS × BVPS)
Graham Number
$112.91
43% downside
Norm. op. income: $284M (median of 7yr)
Tax rate: 17%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$20.00
90% downside
EPS: $6.69
Target P/E: 39×
Formula: EPS × P/E
P/E Fair Value
$260.91
+32% upside
Institutional Ownership
80.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| Capital World Investors | 10.52M | $2.68B | 12.40% | +782.4K | 2026-03-31 |
| BlackRock, Inc. | 10.47M | $2.67B | 12.35% | +1.11M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.11M | $1.05B | 4.85% | -- | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.76M | $957.0M | 4.44% | -- | 2026-03-31 |
| STATE STREET CORP | 3.60M | $916.0M | 4.25% | -118.4K | 2026-03-31 |
| VAN ECK ASSOCIATES CORP | 3.20M | $815.0M | 3.78% | -2.70M | 2026-03-31 |
| Invesco Ltd. | 2.25M | $571.0M | 2.65% | +800.0K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.73M | $439.0M | 2.04% | -225.3K | 2026-03-31 |
| Capital International Investors | 980.1K | $249.0M | 1.16% | -513.6K | 2026-03-31 |
| DIMENSIONAL FUND ADVISORS LP | 948.3K | $241.0M | 1.12% | -228.6K | 2026-03-31 |