Energy Fuels (ASX:EF2) Cyclically Adjusted PB Ratio: (As of Aug. 29, 2026)

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What is Energy Fuels Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Fuels  (ASX:EF2) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Energy Fuels Cyclically Adjusted PB Ratio Related Terms


Energy Fuels Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Energy Fuels's Cyclically Adjusted 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.

Energy Fuels Cyclically Adjusted PB Ratio Chart

Energy Fuels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.82 2.65 2.31 6.78

Energy Fuels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 2.57 7.18 6.78 8.59 6.86

ASX:EF2 vs UEC, LEU: Cyclically Adjusted PB Ratio Comparison

For the Uranium subindustry, Energy Fuels'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.


Energy Fuels Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

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

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



Energy Fuels Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Energy Fuels's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Energy Fuels's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.513/333.9520*333.9520
=4.513

Current CPI (Jun. 2026) = 333.9520.

Energy Fuels Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.853 241.428 3.946
201612 2.757 241.432 3.814
201703 2.468 243.801 3.381
201706 2.398 244.955 3.269
201709 2.189 246.819 2.962
201712 2.170 246.524 2.940
201803 1.964 249.554 2.628
201806 2.228 251.989 2.953
201809 2.185 252.439 2.891
201812 2.152 251.233 2.861
201903 2.010 254.202 2.641
201906 1.967 256.143 2.565
201909 1.950 256.759 2.536
201912 1.829 256.974 2.377
202003 1.974 258.115 2.554
202006 1.708 257.797 2.213
202009 1.599 260.280 2.052
202012 1.521 260.474 1.950
202103 1.613 264.877 2.034
202106 1.865 271.696 2.292
202109 2.178 274.310 2.652
202112 2.609 278.802 3.125
202203 2.443 287.504 2.838
202206 2.407 296.311 2.713
202209 2.435 296.808 2.740
202212 2.260 296.797 2.543
202303 3.365 301.836 3.723
202306 3.307 305.109 3.620
202309 3.680 307.789 3.993
202312 3.447 306.746 3.753
202403 3.576 312.332 3.824
202406 3.486 314.175 3.705
202409 3.343 315.301 3.541
202412 4.195 315.605 4.439
202503 4.290 319.799 4.480
202506 4.286 322.561 4.437
202509 4.501 324.800 4.628
202512 4.248 324.054 4.378
202603 4.217 330.213 4.265
202606 4.513 333.952 4.513

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


Energy Fuels Business Description

Address 225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228
Energy Fuels Inc is a critical mineral company based in the U.S. It produces several critical minerals, including uranium, vanadium, REEs (including NdPr, Dy and Tb) and HMS (including titanium and zirconium minerals). The company's project portfolio comprises uranium properties like Pinyon Plain Project, White Mesa Mill, Roca Honda Project, etc.; Heavy Minerals Sands project like Vara Mada Project, Donald Project, Bahia Project, etc.; the Nichols Ranch Project, and several other properties. The firm's reportable segments are: Uranium, REE, and HMS. Key revenue is generated from the Uranium segment, which is involved in conventional and ISR uranium extraction, recovery and sales of uranium from mineral properties, and the recycling of uranium-bearing materials generated by third parties.