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Denison Mines (Denison Mines) PB Ratio

: 3.72 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-23), Denison Mines's share price is $2.00. Denison Mines's Book Value per Share for the quarter that ended in Dec. 2023 was $0.54. Hence, Denison Mines's PB Ratio of today is 3.72.

The historical rank and industry rank for Denison Mines's PB Ratio or its related term are showing as below:

DNN' s PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.86   Max: 5.11
Current: 3.85

During the past 13 years, Denison Mines's highest PB Ratio was 5.11. The lowest was 0.82. And the median was 1.86.

DNN's PB Ratio is ranked worse than
83.73% of 166 companies
in the Other Energy Sources industry
Industry Median: 1.315 vs DNN: 3.85

During the past 12 months, Denison Mines's average Book Value Per Share Growth Rate was 36.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 29.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Denison Mines was 174.00% per year. The lowest was -47.40% per year. And the median was -6.60% per year.

Back to Basics: PB Ratio


Denison Mines PB Ratio Historical Data

The historical data trend for Denison Mines's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Denison Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 2.48 3.60 2.96 3.30

Denison Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.96 2.77 3.07 3.56 3.30

Competitive Comparison

For the Uranium subindustry, Denison Mines's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Denison Mines PB Ratio Distribution

For the Other Energy Sources industry and Energy sector, Denison Mines's PB Ratio distribution charts can be found below:

* The bar in red indicates where Denison Mines's PB Ratio falls into.



Denison Mines PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Denison Mines's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.00/0.537
=3.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Denison Mines  (AMEX:DNN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Denison Mines PB Ratio Related Terms

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Denison Mines (Denison Mines) Business Description

Traded in Other Exchanges
Address
40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.