投資者比較Glencore與Wheaton的價值與估值，誰更具吸引力？

Zacks Equity Research

Mon, February 16, 2026 at 10:40 AM CST

















Investors interested in stocks from the Mining - Miscellaneous sector have probably already heard of Glencore PLC (GLNCY) and Wheaton Precious Metals Corp. (WPM). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Right now, Glencore PLC is sporting a Zacks Rank of #2 (Buy), while Wheaton Precious Metals Corp. has a Zacks Rank of #3 (Hold). The Zacks Rank favours stocks that have recently seen positive revisions to their earnings estimates, and investors should rest assured that GLNCY has an improving earnings outlook. But this is only part of the picture for value investors.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

GLNCY currently has a forward P/E ratio of 19.00, while WPM has a forward P/E of 35.94. We also note that GLNCY has a PEG ratio of 0.99. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. WPM currently has a PEG ratio of 1.25.

Another notable valuation metric for GLNCY is its P/B ratio of 2.45. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, WPM has a P/B of 8.19.

These metrics, and several others, help GLNCY earn a Value grade of A, while WPM has been given a Value grade of F.

GLNCY stands above WPM thanks to its solid earnings outlook, and based on these valuation figures, we also feel that GLNCY is the superior value option right now.

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Glencore PLC (GLNCY) : Free Stock Analysis Report

Wheaton Precious Metals Corp. (WPM) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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