As of 2026-03-20, the Relative Valuation of First Majestic Silver Corp (FR.TO) is (12.65) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 8.81 CAD, the upside of First Majestic Silver Corp based on Relative Valuation is -243.6%.
The range of the Relative Valuation is (10.87) - (12.30) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 16.8x - 22.6x | 21.0x |
| Forward P/E multiples | 14.1x - 19.1x | 18.2x |
| Fair Price | (10.87) - (12.30) | (12.65) |
| Upside | -223.4% - -239.6% | -243.6% |
| Date | P/E |