PAAS vs WPM vs B Stock Comparison

Pan American Silver, Wheaton Precious Metals and Barrick Mining Prices as of Nov 2, 2026 Peers: Industry group
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WPM Wheaton Precious Metals Corp.
$119.18 -12.6% 1M +23.5% 1Y
Market cap
$54.11B
P/E
26.5x
Revenue (TTM)
-$35.66M
Div. yield
0.65%
Alternative Asset Managers Financial Services
2 wins
B Barrick Mining Corp
$37.97 -5.6% 1M +15.8% 1Y
Market cap
$63.61B
P/E
9.9x
Revenue (TTM)
$20.66B
Div. yield
2.46%
Gold Basic Materials
9 wins

Head to Head

12 decided of 12

Barrick Mining leads on 9 of the 12 questions below (Barrick Mining 9, Wheaton Precious Metals 2, Pan American Silver 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPAASWPMBLeader
Larger companyMarket capitalisation $16.42B $54.11B $63.61B B
Cheaper on earningsLower P/E, profitable companies only 10,746x 26.5x 9.9x B
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.2x 28.0x 10.1x B
Faster revenue growthRevenue growth, trailing twelve months +2.3% -6.5% +49.4% B
More profitableNet margin, trailing twelve months 0.0% — 31.6% B
Better return on capitalReturn on invested capital 0.0% 18.7% 24.8% B
Less leveragedLower net debt / EBITDA -4.4x 0.7x -0.1x PAAS
Higher dividend yieldTrailing dividend yield 1.75% 0.65% 2.46% B
Better 1-year returnPrice return, last 12 months +10.5% +23.5% +15.8% WPM
Better 5-year returnAnnualised price return, 5 years +8.6%/yr +24.3%/yr +15.3%/yr WPM
Less volatileAnnualised volatility, 1 year 58.5% 51.1% 47.3% B
Higher overall scoreMean of the five percentile scores vs peers 66/100 77/100 79/100 B

Percentile Scorecard

PAASWPMB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPAASWPMB
Valuation 54 #77 of 165 75 #46 of 181 87 #23 of 165
Growth 76 #37 of 150 92 #10 of 112 92 #13 of 150
Profitability 48 #64 of 122 98 #4 of 131 93 #9 of 122
Financial Health 86 #25 of 166 76 #40 of 165 53 #79 of 166
Shareholder Returns 69 #34 of 107 46 #41 of 75 70 #33 of 107
Overall 66 77 79
  • PAAS ranked among 177 companies in Metals and Mining
  • WPM ranked among 209 companies in Asset and Wealth Management
  • B ranked among 177 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPAASWPMBSPY
1 month -14.5%-12.6%-5.6% -2.3%
3 months -11.0%+6.5%+1.7% -0.7%
6 months -23.9%-4.0%-1.0% +4.8%
Year to date -24.9%+1.4%-12.8% +10.3%
1 year +10.5%+23.5%+15.8% +10.3%
3 years +153.7%+165.4%+130.4% +73.0%
3 years, per year +36.4%+38.5%+32.1% +20.1%
5 years +51.0%+196.8%+103.9% +61.9%
5 years, per year +8.6%+24.3%+15.3% +10.1%
10 years +139.8%+396.6%+109.3% +258.6%
10 years, per year +9.1%+17.4%+7.7% +13.6%

Risk

MeasurePAASWPMBSPY
Volatility, 1Y 58.5%51.1%47.3% 12.8%
Downside volatility, 1Y 61.3%54.9%50.8% 12.8%
Beta vs S&P 500, 1Y 2.132.001.85 1.00
Return / volatility, 1Y 0.180.460.33 0.80
Max drawdown, 5Y -59.2%-43.8%-48.8% -25.4%
From 52-week high -43.3%-28.1%-28.3% -3.5%
52-week high $68.70$165.72$52.98 $779.14
52-week low $33.20$94.37$31.67 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePAASWPMB
P/E now vs peer median 10,746xmedian 12.5x 26.5xmedian 34.9x 9.9xmedian 12.5x
P/S now vs peer median 5.1xmedian 2.9x -1,517xmedian 4.7x 3.1xmedian 2.9x
EV/EBITDA now vs peer median 41.8xmedian 7.3x 21.3xmedian 11.8x 4.8xmedian 7.3x
P/FCF now vs peer median 14.6xmedian 14.6x 21.3xmedian 14.1x 5.7xmedian 14.6x
P/B now vs peer median 2.2xmedian 2.1x 5.6xmedian 1.7x 2.3xmedian 2.1x
PEG now vs peer median 411.97median 0.28 0.46median 0.91 0.03median 0.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPAASWPMB
Revenue $3.19B -$35.66M $20.66B
Gross profit $882.07M $2.40B $11.56B
Operating income $1.90M $2.28B $10.94B
Net income $931.18M $2.05B $9.49B
Free cash flow $1.12B $2.54B $11.25B
R&D – – $481.00M
EPS (diluted) $0.00 $4.48 $3.82
Cash & equivalents $1.57B $100.19M $5.93B
Total debt $3.00M $1.99B $4.68B
Shares (diluted) 381.58M 454.69M 1.71B
Enterprise value $11.27B $49.54B $48.36B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPAASWPMB
P/E 10,746x 26.5x 9.9x
P/FCF 14.6x 21.3x 5.7x
P/Operating cash flow 19.9x 21.3x 6.8x
P/S 5.1x -1,517x 3.1x
P/B 2.2x 5.6x 2.3x
P/Tangible book 2.2x 5.6x 2.3x
EV/EBITDA 41.8x 21.3x 4.8x
EV/EBIT 7,812x 24.6x 5.7x
EV/Revenue 4.7x -1,570x 3.0x
EV/FCF 13.2x 22.0x 5.5x
EV/Operating cash flow 18.0x 22.0x 6.6x
PEG (3Y EPS CAGR) 411.97 0.46 0.03

Growth

14 metrics
MetricPAASWPMB
Revenue growth (1Y) 2.3% -6.5% 49.4%
Revenue CAGR (3Y) 22.3% -17.4% 24.2%
Gross profit growth (1Y) -0.3% 114.5% 89.0%
Gross profit CAGR (3Y) 113.6% 69.4% 56.9%
Operating income growth (1Y) 116.1% 149.2% 111.0%
Operating income CAGR (3Y) 127.1% 73.5% 62.3%
Net income growth (1Y) 123.7% 159.9% 137.0%
Net income CAGR (3Y) 60.1% 49.4% 196.2%
EPS growth (1Y) -99.8% 158.1% 142.2%
EPS CAGR (3Y) 26.1% 58.1% 364.4%
Operating cash flow growth (1Y) 50,145% 88.5% 84.0%
Operating cash flow CAGR (3Y) – 56.5% 43.8%
Free cash flow growth (1Y) 448.7% 88.5% 69.3%
Free cash flow CAGR (3Y) 56.4% 56.5% 33.2%

Profitability

14 metrics
MetricPAASWPMB
Gross margin 27.7% – 56.0%
EBITDA margin 11.1% – 63.2%
Operating margin 0.1% – 53.0%
Pretax margin 0.1% – 58.9%
Net margin 0.0% – 31.6%
FCF margin 35.2% – 54.4%
Operating cash flow margin 25.9% -7,135% 45.5%
Return on equity 0.0% 21.5% 29.6%
Return on assets 0.0% 18.5% 18.1%
Return on invested capital 0.0% 18.7% 24.8%
Return on capital employed 0.0% 21.2% 22.2%
Asset turnover 0.3x 0.0x 0.4x
Cash conversion (OCF / net income) 0.9x 1.2x 1.0x
Stock comp / revenue – -67.5% –

Financial Health

11 metrics
MetricPAASWPMB
Debt / assets 0.0% 16.3% 8.9%
Debt / equity 0.0x 0.2x 0.2x
Net debt / EBITDA -4.4x 0.7x -0.1x
Debt / FCF 0.0x 0.8x 0.4x
Liabilities / assets 27.5% 20.3% 47.8%
Equity / assets 72.5% 79.7% 52.2%
Interest coverage 21.3x 61.9x 63.6x
Current ratio 14.1x 0.5x 3.0x
Quick ratio 2.5x 0.5x 2.1x
Cash ratio 2.2x 0.4x 1.9x
Altman Z-score 4.94 14.41 2.77

Shareholder Returns

7 metrics
MetricPAASWPMB
Dividend yield 1.7% 0.6% 2.5%
Net buyback yield -1.5% 0.0% 0.2%
Shareholder yield 0.2% 0.6% 2.7%
Payout ratio (earnings) – 23.5% 8.5%
Payout ratio (FCF) – 19.0% 7.2%
Dividend growth (1Y) – 11.7% -7.5%
Dividend CAGR (3Y) – 7.9% -0.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPAASWPMB
Forward P/E 12.2xFY2026 28.0xFY2026 10.1xFY2026
EPS, next fiscal year $3.18FY2026 $4.25FY2026 $3.75FY2026
EPS growth, next FY +25.7%FY2026 +40.7%FY2026 +55.6%FY2026
EPS growth, the year after +32.1% +22.8% +14.4%
Revenue, next fiscal year $4.51BFY2026 $3.35BFY2026 $20.23BFY2026
Revenue growth, next FY +24.9%FY2026 +45.2%FY2026 +19.7%FY2026
Revenue growth, the year after +12.8% +24.2% +24.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPAASWPMB
Held by institutions 56.5% 63.9% 58.0%
Institutions holding 586 848 1,007
Change in shares held, QoQ -1.0% +2.8% -4.7%
Institutions buying 269 420 486
Institutions selling 199 267 339
Buyers to sellers 1.35 1.57 1.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PAASWPMB
PAAS 1.00 0.90 0.86
WPM 0.90 1.00 0.90
B 0.86 0.90 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PAAS, WPM and B?

Barrick Mining (B) is the largest by market capitalisation: Pan American Silver (PAAS) $16.42B, Wheaton Precious Metals (WPM) $54.11B, Barrick Mining (B) $63.61B.

Which stock is cheaper, PAAS, WPM and B?

Barrick Mining (B) trades on the lowest price-to-earnings ratio (Pan American Silver (PAAS) 10,746x, Wheaton Precious Metals (WPM) 26.5x, Barrick Mining (B) 9.9x). On next year's consensus earnings, Barrick Mining (B) is cheapest (Pan American Silver (PAAS) 12.2x, Wheaton Precious Metals (WPM) 28.0x, Barrick Mining (B) 10.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Barrick Mining (B) grew revenue fastest over the trailing twelve months: Pan American Silver (PAAS) +2.3%, Wheaton Precious Metals (WPM) -6.5%, Barrick Mining (B) +49.4%.

Which company is more profitable?

Barrick Mining (B) has the highest net margin (Pan American Silver (PAAS) 0.0%, Barrick Mining (B) 31.6%). On return on invested capital, Barrick Mining (B) leads (Pan American Silver (PAAS) 0.0%, Wheaton Precious Metals (WPM) 18.7%, Barrick Mining (B) 24.8%).

Which stock has performed better?

Over the past year Wheaton Precious Metals (WPM) returned the most: Pan American Silver (PAAS) +10.5%, Wheaton Precious Metals (WPM) +23.5%, Barrick Mining (B) +15.8%. Over five years, Wheaton Precious Metals (WPM) compounded fastest (Pan American Silver (PAAS) +8.6%/yr, Wheaton Precious Metals (WPM) +24.3%/yr, Barrick Mining (B) +15.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Barrick Mining (B) has the highest dividend yield: Pan American Silver (PAAS) 1.75%, Wheaton Precious Metals (WPM) 0.65%, Barrick Mining (B) 2.46%.

Which stock is riskier?

By one-year price volatility, Barrick Mining (B) has been the steadiest (Pan American Silver (PAAS) 58.5%, Wheaton Precious Metals (WPM) 51.1%, Barrick Mining (B) 47.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PAAS, WPM and B?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Barrick Mining (B) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.