GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Denison Mines Corp (TSX:DML) » Definitions » Cyclically Adjusted Book per Share

Denison Mines (TSX:DML) Cyclically Adjusted Book per Share : C$0.55 (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Denison Mines Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Denison Mines's adjusted book value per share for the three months ended in Mar. 2025 was C$0.583. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$0.55 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -14.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Denison Mines was 17.40% per year. The lowest was -24.70% per year. And the median was -1.20% per year.

As of today (2025-05-28), Denison Mines's current stock price is C$2.33. Denison Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$0.55. Denison Mines's Cyclically Adjusted PB Ratio of today is 4.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Denison Mines was 6.13. The lowest was 0.26. And the median was 0.71.


Denison Mines Cyclically Adjusted Book per Share Historical Data

The historical data trend for Denison Mines's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

Denison Mines Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.56 0.55 0.54 0.54

Denison Mines Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial 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 0.55 0.55 0.55 0.54 0.55

Competitive Comparison of Denison Mines's Cyclically Adjusted Book per Share

For the Uranium subindustry, Denison Mines's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

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

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


;
;

Denison Mines Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Denison Mines's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.583/129.1809*129.1809
=0.583

Current CPI (Mar. 2025) = 129.1809.

Denison Mines Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.566 100.500 0.728
201509 0.544 100.421 0.700
201512 0.447 99.947 0.578
201603 0.438 101.054 0.560
201606 0.437 102.002 0.553
201609 0.452 101.765 0.574
201612 0.429 101.449 0.546
201703 0.443 102.634 0.558
201706 0.428 103.029 0.537
201709 0.412 103.345 0.515
201712 0.414 103.345 0.518
201803 0.399 105.004 0.491
201806 0.390 105.557 0.477
201809 0.384 105.636 0.470
201812 0.377 105.399 0.462
201903 0.369 106.979 0.446
201906 0.362 107.690 0.434
201909 0.352 107.611 0.423
201912 0.352 107.769 0.422
202003 0.342 107.927 0.409
202006 0.336 108.401 0.400
202009 0.328 108.164 0.392
202012 0.335 108.559 0.399
202103 0.443 110.298 0.519
202106 0.441 111.720 0.510
202109 0.483 112.905 0.553
202112 0.488 113.774 0.554
202203 0.549 117.646 0.603
202206 0.531 120.806 0.568
202209 0.530 120.648 0.567
202212 0.528 120.964 0.564
202303 0.539 122.702 0.567
202306 0.540 124.203 0.562
202309 0.627 125.230 0.647
202312 0.720 125.072 0.744
202403 0.699 126.258 0.715
202406 0.683 127.522 0.692
202409 0.655 127.285 0.665
202412 0.630 127.364 0.639
202503 0.583 129.181 0.583

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Denison Mines  (TSX:DML) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Denison Mines's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.33/0.55
=4.24

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Denison Mines was 6.13. The lowest was 0.26. And the median was 0.71.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Denison Mines Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Denison Mines's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Denison Mines Business Description

Industry
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 focused on the Athabasca Basin region of northern Saskatchewan, Canada. The company holds a noteworthy 95% interest in its flagship Wheeler River Uranium Project, the undeveloped uranium project located in the infrastructure-rich eastern part of the Athabasca Basin. Additionally, it is involved in mine decommissioning and environmental services through its Closed Mines group, which manages the Elliot Lake reclamation projects and offers third-party post-closure mine care and maintenance services. The Company operates in two main segments: the Mining segment and the Corporate and Other segment. The majority of revenue is generated from the mining segment.
Executives
Andrew Alan Yackulic Senior Officer
David Daniel Cates Director, Senior Officer
Elizabeth Sidle Senior Officer
Amanda Willett Senior Officer
David Lionel Bronkhorst Senior Officer
Michael James Schoonderwoerd Senior Officer
Timothy Stephen Gabruch Senior Officer
Patricia Mary Volker Director
W. Robert Dengler Director

Denison Mines Headlines

No Headlines