Torex Gold Resources screens cheaper than OR Royalties on all three valuation measures in this snapshot. That gives investors a basis for comparison, but it doesn’t prove Torex is undervalued.
OR Royalties Inc. (OR.TO) and Torex Gold Resources Inc. (TXG.TO) are both in the Materials sector, but their valuation figures differ. OR closed at C$51.19 on 2026-11-06 and had a market cap of C$9.6B. Torex closed at C$63.64 on 2026-11-03 and had a market cap of C$6.0B. Since the closing prices are from different dates, they aren’t a same-day comparison. Torex has lower P/E, PEG and P/B figures in the data provided. See the company snapshots for OR Royalties and Torex Gold Resources for more detail.
Investor takeaway: Torex looks cheaper on the three supplied multiples: its P/E is 7.3, compared with 25.5 for OR; its PEG is 0.12, compared with 13.77; and its P/B is 1.63, compared with 4.60. These figures show relative valuation in this snapshot. They don’t establish fair value, explain why the market assigns these multiples, or predict how either company will perform. The supplied table also gives both companies a Strong Sell consensus label and a C$0.00 analyst target. Treat these as snapshot data, not a complete investment case.
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OR Royalties Inc.
OR.TO
Materials
$51.19
$9.60B
1D
+3.75%
1W
+15.27%
Torex Gold Resources Inc
TXG.TO
Materials
$63.64
$6.05B
1D
+0.00%
1W
+0.66%
Torex is lower on all three supplied valuation multiples
TXG’s P/E of 7.3, PEG of 0.12 and P/B of 1.63 are all below OR’s respective figures of 25.5, 13.77 and 4.60. That shows which company screens cheaper on these measures, but it doesn’t establish which stock offers better value overall.
Bull case
Torex’s lower P/E, PEG and P/B are the clearest points in its favour in this comparison. Its supplied ROE TTM is 27.8%, compared with 20.4% for OR. Its dividend yield is also slightly higher, at 0.52% versus 0.47%. Investors weighing valuation, profitability and income may find these figures useful, but they don’t determine whether either stock is attractive.
Bear case
Lower multiples can reflect risks or expectations that this snapshot doesn’t explain. It includes no operating outlook or details on what’s driving the valuation gap. Torex’s lower figures alone don’t prove the shares are undervalued or will outperform OR.
The valuation gap in the snapshot
Torex has the lower figure on all three supplied measures: P/E of 7.3 versus 25.5 for OR, PEG of 0.12 versus 13.77, and P/B of 1.63 versus 4.60. On these figures, Torex is the cheaper-looking name. But a relative comparison isn’t a conclusion about intrinsic value. The snapshot doesn’t explain the assumptions behind the PEG figures or what investors expect from either company. A low multiple is a reason to look more closely, not a verdict.
Other figures to weigh
The supplied profitability and income figures also differ. Torex reports ROE TTM of 27.8% and a dividend yield of 0.52%; OR reports 20.4% and 0.47%, respectively. OR has the larger market cap, at C$9.6B compared with Torex’s C$6.0B. These figures add context, but they don’t explain either company’s outlook or risks. The analyst table gives both companies a Strong Sell consensus label and a C$0.00 target. Those are snapshot figures, not a substitute for understanding the businesses.
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