VanEck Merk Gold ETF (OUNZ) Price to Earnings (2016 - 2026)
VanEck Merk Gold ETF's Price to Earnings came in at 6.89 for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 50.6% from 4.58 a year earlier and up 74.6% from the prior quarter.
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Analysis
VanEck Merk Gold ETF (OUNZ) Price to Earnings (2016 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), VanEck Merk Gold ETF's Price to Earnings was 2.66, down 36.7% from FY2025.
- Price to Earnings has declined in each of the last three fiscal years.
- Going back by fiscal year, Price to Earnings was 4.20 in FY2025 (-79.6%), 20.58 in FY2024 (-1.1%) and 20.81 in FY2023.
- The fiscal Q2 2027 figure represents the highest quarterly Price to Earnings since fiscal Q1 2025.
- Year-over-year, Price to Earnings increased in two of the last eight quarters, with an average decline of 22.5%.
- The fastest year-over-year change in Price to Earnings over five years came in fiscal Q1 2024 (growth of 145.5%), and the weakest in fiscal Q2 2024 (a decline of 99.5%).
- Business Quant data shows OUNZ's Price to Earnings at 3.95 (Q1 2027), 2.66 (Q4 2026) and 3.54 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.89 |
| Apr 30, 2026 | 3.95 |
| Jan 31, 2026 | 2.66 |
| Oct 31, 2025 | 3.54 |
| Jul 31, 2025 | 4.58 |
| Apr 30, 2025 | 3.66 |
| Jan 31, 2025 | 4.20 |
| Oct 31, 2024 | 4.04 |
| Jul 31, 2024 | 5.54 |
| Apr 30, 2024 | 7.84 |
| Jan 31, 2024 | 20.58 |
| Oct 31, 2023 | 6.60 |
| Jul 31, 2023 | 10.94 |
| Apr 30, 2023 | 48.61 |
| Jan 31, 2023 | 20.55 |
| Apr 30, 2022 | 15.99 |
| Jan 31, 2021 | 11.41 |
| Oct 31, 2020 | 7.81 |
| Jul 31, 2020 | 5.15 |
| Apr 30, 2020 | 5.33 |
API Access
VanEck Merk Gold ETF Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=OUNZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "OUNZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=OUNZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();