<p><strong>皇家黃金公司</strong>（NASDAQ:RGLD）的股價在過去一個月表現非常出色，漲幅達到 25%。過去 30 天的年增幅高達 74%。</p>
<p>在價格強勁反彈之後，皇家黃金目前可能發出非常看跌的信號，其市盈率（&#34;P/E&#34;）為 40.7 倍，因為美國幾乎一半的公司市盈率低於 19 倍，甚至低於 11 倍的市盈率也並不罕見。不過，僅僅根據市盈率來判斷並不明智，因為可能有解釋其如此高的原因。</p>
<p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
<p>皇家黃金最近的表現確實不錯，其盈利增長超過了大多數其他公司。市盈率之所以可能偏高，是因為投資者認為這種強勁的盈利表現將會持續。你真的希望如此，否則你就為沒有特別理由的高價買單。</p>
<p>查看我們對皇家黃金的最新分析</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 市盈率與行業比較 2025 年 12 月 23 日</p>
<p>想知道分析師如何看待皇家黃金的未來與行業的比較嗎？那麼，我們的 <strong>免費</strong> 報告是一個很好的起點。</p>
<h2>皇家黃金是否有足夠的增長？</h2>
<p>你真正能安心看到像皇家黃金這樣高的市盈率的唯一時機，是當公司的增長顯著超越市場時。</p>
<p>回顧過去，我們看到公司去年每股收益增長了令人印象深刻的 67%。強勁的近期表現意味着它在過去三年中總共能夠將每股收益增長 49%。因此，股東們可能會歡迎這些中期的盈利增長率。</p>
<p>展望未來，六位分析師預計未來三年每年將實現 23% 的增長。市場預計每年僅能提供 11% 的增長，因此公司在盈利結果上處於更強的位置。</p>
<p>考慮到這一點，皇家黃金的市盈率高於大多數其他公司是可以理解的。似乎大多數投資者都在期待這種強勁的未來增長，並願意為該股票支付更高的價格。</p>
<h2>關鍵要點</h2>
<p>皇家黃金的市盈率像其股價在過去一個月一樣高漲。僅僅使用市盈率來判斷是否應該出售你的股票並不明智，但它可以作為公司未來前景的實用指南。</p>
<p>我們已經確定，皇家黃金維持其高市盈率是基於其預測增長高於更廣泛市場的預期。目前，股東們對市盈率感到滿意，因為他們相當有信心未來的盈利不會受到威脅。在這種情況下，很難想象股價在短期內會大幅下跌。</p>
<p>那麼其他風險呢？每家公司都有風險，我們發現 <strong>皇家黃金的 2 個警告信號</strong>（其中 1 個讓我們感到不安！）你應該知道。</p>
<p><strong>如果你對市盈率感興趣</strong>，你可能想查看這份 <strong>免費</strong> 的其他強勁盈利增長和低市盈率公司的集合。</p>
<p>用於國防和災難的移動基礎設施</p>
<p>下一波機器人技術不是類人型的。它是完全自主的塔樓，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
<p>在下一輪合同之前獲取投資者簡報</p>
<p>由 CiTech 贊助</p>

皇家黃金

<p>皇家黃金公司（NASDAQ:RGLD）上個月股價上漲了 25%，使年漲幅達到了 74%。儘管市盈率高達 40.7 倍，顯示出潛在的看跌信號，但投資者因強勁的盈利增長而保持樂觀。分析師預測未來三年年增長率將達到 23%，超出市場預期。股東對未來盈利保持信心，降低了股價下跌的可能性</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>皇家黃金公司</strong>（NASDAQ:RGLD）的股價在過去一個月表現非常出色，漲幅達到 25%。過去 30 天的年增幅高達 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>在價格強勁反彈之後，皇家黃金目前可能發出非常看跌的信號，其市盈率（&#34;P/E&#34;）為 40.7 倍，因為美國幾乎一半的公司市盈率低於 19 倍，甚至低於 11 倍的市盈率也並不罕見。不過，僅僅根據市盈率來判斷並不明智，因為可能有解釋其如此高的原因。</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>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</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>皇家黃金最近的表現確實不錯，其盈利增長超過了大多數其他公司。市盈率之所以可能偏高，是因為投資者認為這種強勁的盈利表現將會持續。你真的希望如此，否則你就為沒有特別理由的高價買單。</p>
</div><p>View our latest analysis for Royal Gold</p>
<div class="lb-trans"><p>查看我們對皇家黃金的最新分析</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 市盈率與行業比較 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>想知道分析師如何看待皇家黃金的未來與行業的比較嗎？那麼，我們的 <strong>免費</strong> 報告是一個很好的起點。</p>
</div><h2>Is There Enough Growth For Royal Gold?</h2>
<div class="lb-trans"><h2>皇家黃金是否有足夠的增長？</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黃金這樣高的市盈率的唯一時機，是當公司的增長顯著超越市場時。</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>回顧過去，我們看到公司去年每股收益增長了令人印象深刻的 67%。強勁的近期表現意味着它在過去三年中總共能夠將每股收益增長 49%。因此，股東們可能會歡迎這些中期的盈利增長率。</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>展望未來，六位分析師預計未來三年每年將實現 23% 的增長。市場預計每年僅能提供 11% 的增長，因此公司在盈利結果上處於更強的位置。</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>考慮到這一點，皇家黃金的市盈率高於大多數其他公司是可以理解的。似乎大多數投資者都在期待這種強勁的未來增長，並願意為該股票支付更高的價格。</p>
</div><h2>The Key Takeaway</h2>
<div class="lb-trans"><h2>關鍵要點</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>皇家黃金的市盈率像其股價在過去一個月一樣高漲。僅僅使用市盈率來判斷是否應該出售你的股票並不明智，但它可以作為公司未來前景的實用指南。</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>我們已經確定，皇家黃金維持其高市盈率是基於其預測增長高於更廣泛市場的預期。目前，股東們對市盈率感到滿意，因為他們相當有信心未來的盈利不會受到威脅。在這種情況下，很難想象股價在短期內會大幅下跌。</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>那麼其他風險呢？每家公司都有風險，我們發現 <strong>皇家黃金的 2 個警告信號</strong>（其中 1 個讓我們感到不安！）你應該知道。</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>如果你對市盈率感興趣</strong>，你可能想查看這份 <strong>免費</strong> 的其他強勁盈利增長和低市盈率公司的集合。</p>
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<div class="lb-trans"><p>用於國防和災難的移動基礎設施</p>
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<div class="lb-trans"><p>下一波機器人技術不是類人型的。它是完全自主的塔樓，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
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<div class="lb-trans"><p>在下一輪合同之前獲取投資者簡報</p>
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<div class="lb-trans"><p>由 CiTech 贊助</p>
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在股價躍升 25% 之後，皇家黃金公司（NASDAQ:RGLD）的股票並未被市場忽視