Is Anglogold Ashanti Plc overvalued or undervalued?

As of 9 May 2025, the valuation grade for Anglogold Ashanti Plc has moved from expensive to attractive, indicating a shift in perception towards the company's value. The company is currently considered undervalued. Key ratios include a P/E ratio of 23, an EV to EBITDA of 9.85, and a PEG ratio of 0.10, which suggests strong growth potential relative to its price.
In comparison to peers, Anglogold Ashanti's P/E ratio of 23.75 is competitive, while its EV to EBITDA ratio of 10.35 highlights a favorable valuation against industry standards. Notably, the company has demonstrated robust returns, with a year-to-date stock return of 109.27%, significantly outperforming the S&P 500's return of 2.44% over the same period.