TSX open
Loading markets…
Investing

ELD vs TKO: which stock is the better value?

By Wealth Awesome -
Stocks & ETFs:ELD.TOTKO.TO

Follow ELD

Photos provided by Pexels

Eldorado Gold looks cheaper on two of the three valuation measures in this snapshot, while Taseko Mines has the lower PEG. The signals are mixed, so the comparison doesn’t point to a clear winner.

Eldorado Gold Corp. (ELD.TO) and Taseko Mines Ltd. (TKO.TO) are both in the Materials sector and industry group, but their valuation figures differ sharply. At the November 5, 2026 adjusted close, ELD traded at C$48.53, with a market cap of C$12.7 billion. TKO traded at C$9.79, with a market cap of C$3.6 billion. Share prices alone don’t show which company is cheaper. Multiples offer a more useful, though still incomplete, comparison.

Investor takeaway: ELD has the lower P/E and P/B, while TKO has the lower PEG. ELD therefore screens cheaper on two of the three measures. That doesn’t prove it’s undervalued or the better investment. The figures don’t capture every difference in business outlook, risk, or the assumptions behind the multiples. Both companies also have a Strong Sell consensus label in our table, with an analyst target of C$0.00 for each. Treat these as snapshot data, not a recommendation.

Stocks in this list

Live snapshots — open any name for the full quote and Wealth Awesome price forecast.

ELD is lower on two of three supplied multiples

ELD’s P/E is 11.6, compared with 326.3 for TKO. Its P/B is 1.30, versus 4.54 for TKO. TKO has the lower PEG at 0.34, compared with 6.00 for ELD. The signals are split: ELD screens cheaper on two measures, but that doesn’t settle which stock offers better value.

Bull case

ELD has the lower P/E and P/B: 11.6 and 1.30, respectively, compared with TKO’s figures. Its ROE is also higher in this snapshot, at 12.3% versus 2.2%.

Bear case

ELD’s PEG of 6.00 is much higher than TKO’s 0.34, so the valuation picture isn’t uniformly favourable. These figures alone don’t explain why the multiples differ or show what either company is worth.

How the valuation measures compare

The supplied multiples favour ELD on P/E and P/B. Its P/E is 11.6, compared with 326.3 for TKO, and its P/B is 1.30, compared with 4.54. TKO has the lower PEG at 0.34, versus 6.00 for ELD. ELD is lower on two of the three measures, but the ratios aren’t interchangeable, and a lower multiple doesn’t prove a stock is undervalued. See the ELD.TO stock page and TKO.TO stock page for each company’s profile.

Business figures add context, not a verdict

The snapshot lists ELD’s ROE TTM at 12.3%, compared with 2.2% for TKO. Dividend yields are 0.48% for ELD and 0.00% for TKO. ELD’s market cap is C$12.7 billion, while TKO’s is C$3.6 billion. These figures describe different aspects of the companies, but they don’t explain the valuation gap or predict future results. Both companies have a Strong Sell consensus label in our table and an analyst target of C$0.00. Treat those labels and targets as snapshot fields, not as a standalone assessment of value.

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 6, 2026
Last Updated: November 6, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26