Wheaton Precious Metals (TSX:WPM) ROE % Adjusted to Book Value: 3.96% (As of Mar. 2026)


TSX:WPM Wheaton Precious Metals Corp TSX:WPM
96 GF Score
Price C$165.39
GF Value C$232.11
Valuation Modestly Undervalued
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What is Wheaton Precious Metals ROE % Adjusted to Book Value?

Wheaton Precious Metals TSX:WPM -4.09% 96 ROE % Adjusted to Book Value is 3.96% as of Mar. 2026. GuruFocus rates TSX:WPM with a GF Score™ of 96/100 and a GF Value™ of C$232.11 (Modestly Undervalued).

Wheaton Precious Metals's ROE % for the quarter that ended in Mar. 2026 was 25.90%. Wheaton Precious Metals's PB Ratio for the quarter that ended in Mar. 2026 was 6.54. Wheaton Precious Metals's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.96%.

Wheaton Precious Metals ROE % Adjusted to Book Value Related Terms

Wheaton Precious Metals ROE % Adjusted to Book Value Historical Data

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The historical data trend for Wheaton Precious Metals's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wheaton Precious Metals ROE % Adjusted to Book Value Chart

Wheaton Precious Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.12 4.05 2.47 2.15 2.98

Wheaton Precious Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.93 2.86 2.96 4.35 3.96

TSX:WPM vs NEM, AU, CDE: ROE % Adjusted to Book Value Comparison

For the Gold subindustry, Wheaton Precious Metals's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wheaton Precious Metals ROE % Adjusted to Book Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Wheaton Precious Metals's ROE % Adjusted to Book Value falls into.


TSX:WPM
96GF Score
Wheaton Precious Metals Corp TSX:WPM
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Wheaton Precious Metals ROE % Adjusted to Book Value Calculation

Wheaton Precious Metals's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=18.18% / 6.11
=2.98%

Wheaton Precious Metals's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.90% / 6.54
=3.96%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of 3.96% mean?
Wheaton Precious Metals (TSX:WPM) has a ROE % Adjusted to Book Value of 3.96% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Wheaton Precious Metals and its competitors.
Is Wheaton Precious Metals' ROE % Adjusted to Book Value too high?
Wheaton Precious Metals' current ROE % Adjusted to Book Value is 3.96%. Overall, Wheaton Precious Metals has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' ROE % Adjusted to Book Value compare to NEM and AU?
Wheaton Precious Metals' ROE % Adjusted to Book Value of 3.96% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Metals & Mining company?
A good ROE % Adjusted to Book Value depends on the Metals & Mining industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Wheaton Precious Metals and its competitors. Wheaton Precious Metals's current ROE % Adjusted to Book Value is 3.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Wheaton Precious Metals (TSX:WPM) is currently considered Modestly Undervalued. The stock's GF Value™ is C$232.11, compared to a current price of C$165.39 — trading 28.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 3.96%. Wheaton Precious Metals' overall GF Score™ is 96/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Wheaton Precious Metals (TSX:WPM), the current ROE % Adjusted to Book Value is 3.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wheaton Precious Metals (TSX:WPM) Overvalued in 2026?

Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued. The current stock price of C$165.39 is trading 28.7% below its estimated GF Value™ of C$232.11. GuruFocus considers Wheaton Precious Metals to be Modestly Undervalued.

Key valuation signals for TSX:WPM:

  • ROE % Adjusted to Book Value: 3.96%
  • GF Value™: C$232.11 vs. price of C$165.39 (28.7% below fair value)
  • GF Score™: 96/100

No single metric tells the full story. See the TSX:WPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wheaton Precious Metals Business Description

Address 1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
96GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$165.39
Price
C$232.11
GF Value