<p><strong>皇家黄金公司</strong>（NASDAQ:RGLD）的股价在过去一个月表现非常出色，涨幅达到 25%。过去 30 天的年增幅高达 74%。</p>
<p>在价格强劲反弹之后，皇家黄金目前可能发出非常看跌的信号，其市盈率（&#34;P/E&#34;）为 40.7 倍，因为美国几乎一半的公司市盈率低于 19 倍，甚至低于 11 倍的市盈率也并不罕见。不过，仅仅根据市盈率来判断并不明智，因为可能有解释其如此高的原因。</p>
<p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<p>皇家黄金最近的表现确实不错，其盈利增长超过了大多数其他公司。市盈率之所以可能偏高，是因为投资者认为这种强劲的盈利表现将会持续。你真的希望如此，否则你就为没有特别理由的高价买单。</p>
<p>查看我们对皇家黄金的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/301040-pe-multiple-vs-industry-1-dark-2/1766484562979?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1640" height="650" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/301040-pe-multiple-vs-industry-1-dark-2/1766484562979"/></p>
<p>NasdaqGS:RGLD 市盈率与行业比较 2025 年 12 月 23 日</p>
<p>想知道分析师如何看待皇家黄金的未来与行业的比较吗？那么，我们的 <strong>免费</strong> 报告是一个很好的起点。</p>
<h2>皇家黄金是否有足够的增长？</h2>
<p>你真正能安心看到像皇家黄金这样高的市盈率的唯一时机，是当公司的增长显著超越市场时。</p>
<p>回顾过去，我们看到公司去年每股收益增长了令人印象深刻的 67%。强劲的近期表现意味着它在过去三年中总共能够将每股收益增长 49%。因此，股东们可能会欢迎这些中期的盈利增长率。</p>
<p>展望未来，六位分析师预计未来三年每年将实现 23% 的增长。市场预计每年仅能提供 11% 的增长，因此公司在盈利结果上处于更强的位置。</p>
<p>考虑到这一点，皇家黄金的市盈率高于大多数其他公司是可以理解的。似乎大多数投资者都在期待这种强劲的未来增长，并愿意为该股票支付更高的价格。</p>
<h2>关键要点</h2>
<p>皇家黄金的市盈率像其股价在过去一个月一样高涨。仅仅使用市盈率来判断是否应该出售你的股票并不明智，但它可以作为公司未来前景的实用指南。</p>
<p>我们已经确定，皇家黄金维持其高市盈率是基于其预测增长高于更广泛市场的预期。目前，股东们对市盈率感到满意，因为他们相当有信心未来的盈利不会受到威胁。在这种情况下，很难想象股价在短期内会大幅下跌。</p>
<p>那么其他风险呢？每家公司都有风险，我们发现 <strong>皇家黄金的 2 个警告信号</strong>（其中 1 个让我们感到不安！）你应该知道。</p>
<p><strong>如果你对市盈率感兴趣</strong>，你可能想查看这份 <strong>免费</strong> 的其他强劲盈利增长和低市盈率公司的集合。</p>
<p>用于国防和灾难的移动基础设施</p>
<p>下一波机器人技术不是类人型的。它是完全自主的塔楼，在 30 分钟内提供 5G、ISR 和雷达，随时随地。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

皇家黄金

<p>皇家黄金公司（NASDAQ:RGLD）上个月股价上涨了 25%，使年涨幅达到了 74%。尽管市盈率高达 40.7 倍，显示出潜在的看跌信号，但投资者因强劲的盈利增长而保持乐观。分析师预测未来三年年增长率将达到 23%，超出市场预期。股东对未来盈利保持信心，降低了股价下跌的可能性</p>

<p>The <strong>Royal Gold, Inc.</strong> (NASDAQ:RGLD) share price has done very well over the last month, posting an excellent gain of 25%. The last 30 days bring the annual gain to a very sharp 74%.</p>
<div class="lb-trans"><p><strong>皇家黄金公司</strong>（NASDAQ:RGLD）的股价在过去一个月表现非常出色，涨幅达到 25%。过去 30 天的年增幅高达 74%。</p>
</div><p>Following the firm bounce in price, Royal Gold may be sending very bearish signals at the moment with a price-to-earnings (or &#34;P/E&#34;) ratio of 40.7x, since almost half of all companies in the United States have P/E ratios under 19x and even P/E's lower than 11x are not unusual. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's so lofty.</p>
<div class="lb-trans"><p>在价格强劲反弹之后，皇家黄金目前可能发出非常看跌的信号，其市盈率（&#34;P/E&#34;）为 40.7 倍，因为美国几乎一半的公司市盈率低于 19 倍，甚至低于 11 倍的市盈率也并不罕见。不过，仅仅根据市盈率来判断并不明智，因为可能有解释其如此高的原因。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><p>Royal Gold certainly has been doing a good job lately as it's been growing earnings more than most other companies. The P/E is probably high because investors think this strong earnings performance will continue. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.</p>
<div class="lb-trans"><p>皇家黄金最近的表现确实不错，其盈利增长超过了大多数其他公司。市盈率之所以可能偏高，是因为投资者认为这种强劲的盈利表现将会持续。你真的希望如此，否则你就为没有特别理由的高价买单。</p>
</div><p>View our latest analysis for Royal Gold</p>
<div class="lb-trans"><p>查看我们对皇家黄金的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/301040-pe-multiple-vs-industry-1-dark-2/1766484562979" alt="" original-src="https://images.simplywall.st/asset/chart/301040-pe-multiple-vs-industry-1-dark-2/1766484562979"/></p>
<p>NasdaqGS:RGLD Price to Earnings Ratio vs Industry December 23rd 2025</p>
<div class="lb-trans"><p>NasdaqGS:RGLD 市盈率与行业比较 2025 年 12 月 23 日</p>
</div><p>Keen to find out how analysts think Royal Gold's future stacks up against the industry? In that case, our <strong>free</strong> report is a great place to start.</p>
<div class="lb-trans"><p>想知道分析师如何看待皇家黄金的未来与行业的比较吗？那么，我们的 <strong>免费</strong> 报告是一个很好的起点。</p>
</div><h2>Is There Enough Growth For Royal Gold?</h2>
<div class="lb-trans"><h2>皇家黄金是否有足够的增长？</h2>
</div><p>The only time you'd be truly comfortable seeing a P/E as steep as Royal Gold's is when the company's growth is on track to outshine the market decidedly.</p>
<div class="lb-trans"><p>你真正能安心看到像皇家黄金这样高的市盈率的唯一时机，是当公司的增长显著超越市场时。</p>
</div><p>Taking a look back first, we see that the company grew earnings per share by an impressive 67% last year. The strong recent performance means it was also able to grow EPS by 49% in total over the last three years. Accordingly, shareholders would have probably welcomed those medium-term rates of earnings growth.</p>
<div class="lb-trans"><p>回顾过去，我们看到公司去年每股收益增长了令人印象深刻的 67%。强劲的近期表现意味着它在过去三年中总共能够将每股收益增长 49%。因此，股东们可能会欢迎这些中期的盈利增长率。</p>
</div><p>Turning to the outlook, the next three years should generate growth of 23% per year as estimated by the six analysts watching the company. With the market only predicted to deliver 11% per annum, the company is positioned for a stronger earnings result.</p>
<div class="lb-trans"><p>展望未来，六位分析师预计未来三年每年将实现 23% 的增长。市场预计每年仅能提供 11% 的增长，因此公司在盈利结果上处于更强的位置。</p>
</div><p>In light of this, it's understandable that Royal Gold's P/E sits above the majority of other companies. It seems most investors are expecting this strong future growth and are willing to pay more for the stock.</p>
<div class="lb-trans"><p>考虑到这一点，皇家黄金的市盈率高于大多数其他公司是可以理解的。似乎大多数投资者都在期待这种强劲的未来增长，并愿意为该股票支付更高的价格。</p>
</div><h2>The Key Takeaway</h2>
<div class="lb-trans"><h2>关键要点</h2>
</div><p>Royal Gold's P/E is flying high just like its stock has during the last month. Using the price-to-earnings ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects.</p>
<div class="lb-trans"><p>皇家黄金的市盈率像其股价在过去一个月一样高涨。仅仅使用市盈率来判断是否应该出售你的股票并不明智，但它可以作为公司未来前景的实用指南。</p>
</div><p>We've established that Royal Gold maintains its high P/E on the strength of its forecast growth being higher than the wider market, as expected. Right now shareholders are comfortable with the P/E as they are quite confident future earnings aren't under threat. It's hard to see the share price falling strongly in the near future under these circumstances.</p>
<div class="lb-trans"><p>我们已经确定，皇家黄金维持其高市盈率是基于其预测增长高于更广泛市场的预期。目前，股东们对市盈率感到满意，因为他们相当有信心未来的盈利不会受到威胁。在这种情况下，很难想象股价在短期内会大幅下跌。</p>
</div><p>And what about other risks? Every company has them, and we've spotted <strong>2 warning signs for Royal Gold</strong> (of which 1 doesn't sit too well with us!) you should know about.</p>
<div class="lb-trans"><p>那么其他风险呢？每家公司都有风险，我们发现 <strong>皇家黄金的 2 个警告信号</strong>（其中 1 个让我们感到不安！）你应该知道。</p>
</div><p><strong>If P/E ratios interest you</strong>, you may wish to see this <strong>free</strong> collection of other companies with strong earnings growth and low P/E ratios.</p>
<div class="lb-trans"><p><strong>如果你对市盈率感兴趣</strong>，你可能想查看这份 <strong>免费</strong> 的其他强劲盈利增长和低市盈率公司的集合。</p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>用于国防和灾难的移动基础设施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是类人型的。它是完全自主的塔楼，在 30 分钟内提供 5G、ISR 和雷达，随时随地。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 赞助</p>
</div>

在股价跃升 25% 之后，皇家黄金公司（NASDAQ:RGLD）的股票并未被市场忽视