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PAAS vs. SBSW
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

PAAS vs. SBSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pan American Silver Corp. (PAAS) and Sibanye Stillwater Limited (SBSW). The values are adjusted to include any dividend payments, if applicable.

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PAAS vs. SBSW - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PAAS
Pan American Silver Corp.
5.72%160.40%26.61%2.50%-33.00%-26.78%46.88%63.86%-5.30%3.86%
SBSW
Sibanye Stillwater Limited
-11.03%331.82%-39.23%-46.54%-9.57%-12.44%61.55%250.88%-41.72%-26.00%

Fundamentals

Market Cap

PAAS:

$23.06B

SBSW:

$8.72B

EPS

PAAS:

$2.54

SBSW:

-$17.51

PS Ratio

PAAS:

5.82

SBSW:

0.04

PB Ratio

PAAS:

3.30

SBSW:

0.22

Total Revenue (TTM)

PAAS:

$3.64B

SBSW:

$238.26B

Gross Profit (TTM)

PAAS:

$1.40B

SBSW:

$50.42B

EBITDA (TTM)

PAAS:

$1.71B

SBSW:

$23.43B

Returns By Period

In the year-to-date period, PAAS achieves a 5.72% return, which is significantly higher than SBSW's -11.03% return. Over the past 10 years, PAAS has outperformed SBSW with an annualized return of 19.06%, while SBSW has yielded a comparatively lower 1.33% annualized return.


PAAS

1D
6.78%
1M
-20.27%
YTD
5.72%
6M
41.96%
1Y
114.60%
3Y*
47.16%
5Y*
13.99%
10Y*
19.06%

SBSW

1D
10.59%
1M
-28.41%
YTD
-11.03%
6M
12.79%
1Y
176.81%
3Y*
15.70%
5Y*
-4.03%
10Y*
1.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

PAAS vs. SBSW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PAAS
PAAS Risk / Return Rank: 8888
Overall Rank
PAAS Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
PAAS Sortino Ratio Rank: 8484
Sortino Ratio Rank
PAAS Omega Ratio Rank: 8686
Omega Ratio Rank
PAAS Calmar Ratio Rank: 8989
Calmar Ratio Rank
PAAS Martin Ratio Rank: 9191
Martin Ratio Rank

SBSW
SBSW Risk / Return Rank: 9191
Overall Rank
SBSW Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
SBSW Sortino Ratio Rank: 8888
Sortino Ratio Rank
SBSW Omega Ratio Rank: 8888
Omega Ratio Rank
SBSW Calmar Ratio Rank: 9191
Calmar Ratio Rank
SBSW Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PAAS vs. SBSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pan American Silver Corp. (PAAS) and Sibanye Stillwater Limited (SBSW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


PAASSBSWDifference

Sharpe ratio

Return per unit of total volatility

2.00

2.45

-0.45

Sortino ratio

Return per unit of downside risk

2.32

2.61

-0.29

Omega ratio

Gain probability vs. loss probability

1.34

1.36

-0.02

Calmar ratio

Return relative to maximum drawdown

3.57

4.14

-0.58

Martin ratio

Return relative to average drawdown

11.55

12.40

-0.85

PAAS vs. SBSW - Sharpe Ratio Comparison

The current PAAS Sharpe Ratio is 2.00, which is comparable to the SBSW Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of PAAS and SBSW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PAASSBSWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.00

2.45

-0.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.30

-0.07

+0.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.38

0.02

+0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.14

+0.03

Correlation

The correlation between PAAS and SBSW is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

PAAS vs. SBSW - Dividend Comparison

PAAS's dividend yield for the trailing twelve months is around 0.99%, less than SBSW's 2.66% yield.


TTM20252024202320222021202020192018201720162015
PAAS
Pan American Silver Corp.
0.99%0.89%1.98%2.45%2.75%1.36%0.64%0.59%0.96%0.64%0.33%4.23%
SBSW
Sibanye Stillwater Limited
2.66%0.00%0.00%6.98%7.68%13.34%0.75%0.00%0.00%2.68%5.12%3.05%

Drawdowns

PAAS vs. SBSW - Drawdown Comparison

The maximum PAAS drawdown since its inception was -85.10%, roughly equal to the maximum SBSW drawdown of -89.24%. Use the drawdown chart below to compare losses from any high point for PAAS and SBSW.


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Drawdown Indicators


PAASSBSWDifference

Max Drawdown

Largest peak-to-trough decline

-85.10%

-89.24%

+4.14%

Max Drawdown (1Y)

Largest decline over 1 year

-31.90%

-45.72%

+13.82%

Max Drawdown (5Y)

Largest decline over 5 years

-63.00%

-82.53%

+19.53%

Max Drawdown (10Y)

Largest decline over 10 years

-66.74%

-89.24%

+22.50%

Current Drawdown

Current decline from peak

-20.27%

-39.97%

+19.70%

Average Drawdown

Average peak-to-trough decline

-41.79%

-48.34%

+6.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.85%

15.28%

-5.43%

Volatility

PAAS vs. SBSW - Volatility Comparison

The current volatility for Pan American Silver Corp. (PAAS) is 19.05%, while Sibanye Stillwater Limited (SBSW) has a volatility of 23.56%. This indicates that PAAS experiences smaller price fluctuations and is considered to be less risky than SBSW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PAASSBSWDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.05%

23.56%

-4.51%

Volatility (6M)

Calculated over the trailing 6-month period

45.40%

52.93%

-7.53%

Volatility (1Y)

Calculated over the trailing 1-year period

57.58%

72.76%

-15.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.60%

59.25%

-11.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

49.68%

64.19%

-14.51%

Financials

PAAS vs. SBSW - Financials Comparison

This section allows you to compare key financial metrics between Pan American Silver Corp. and Sibanye Stillwater Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0020.00B40.00B60.00B80.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
1.20B
71.36B
(PAAS) Total Revenue
(SBSW) Total Revenue
Values in USD except per share items

PAAS vs. SBSW - Profitability Comparison

The chart below illustrates the profitability comparison between Pan American Silver Corp. and Sibanye Stillwater Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-10.0%0.0%10.0%20.0%30.0%40.0%50.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
47.2%
25.5%
Portfolio components
PAAS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Pan American Silver Corp. reported a gross profit of 565.26M and revenue of 1.20B. Therefore, the gross margin over that period was 47.2%.

SBSW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sibanye Stillwater Limited reported a gross profit of 18.20B and revenue of 71.36B. Therefore, the gross margin over that period was 25.5%.

PAAS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Pan American Silver Corp. reported an operating income of 469.00M and revenue of 1.20B, resulting in an operating margin of 39.2%.

SBSW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sibanye Stillwater Limited reported an operating income of 13.77B and revenue of 71.36B, resulting in an operating margin of 19.3%.

PAAS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Pan American Silver Corp. reported a net income of 458.44M and revenue of 1.20B, resulting in a net margin of 38.3%.

SBSW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sibanye Stillwater Limited reported a net income of -1.51B and revenue of 71.36B, resulting in a net margin of -2.1%.