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NexGen EnergyASX:NXG -0.40%35 Cyclically Adjusted PB Ratio is 11.91 as of Jul. 20, 2026. GuruFocus rates ASX:NXG with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 137 Other Energy Sources companies, NexGen Energy ranks worse than 97.81% on this metric.
The historical rank and industry rank for NexGen Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:
ASX:NXG'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 11.75
Current: 11.75
During the past years, NexGen Energy's highest Cyclically Adjusted PB Ratio was 11.75. The lowest was 0.00. And the median was 0.00.
ASX:NXG's Cyclically Adjusted PB Ratio is ranked worse than 97.81% of 137
companies
in the Other Energy Sources industry
Industry Median: 1.17
vs ASX:NXG: 11.75
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.
NexGen Energy's adjusted book value per share data for the three months ended in Mar. 2026 was A$2.666. 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 A$1.05 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
NexGen Energy (ASX:NXG) 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.
NexGen Energy Cyclically Adjusted PB Ratio Related Terms
NexGen Energy Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for NexGen Energy'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.
ASX:NXG vs UEC, LEU: Cyclically Adjusted PB Ratio Comparison
For the Uranium subindustry, NexGen Energy'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.
NexGen Energy Cyclically Adjusted PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, NexGen Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where NexGen Energy's Cyclically Adjusted PB Ratio falls into.
NexGen Energy 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.
NexGen Energy's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 11.91 mean?
NexGen Energy (ASX:NXG) has a Cyclically Adjusted PB Ratio of 11.91 as of Jul. 20, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NexGen Energy and its competitors. According to the industry distribution chart, NexGen Energy ranks #134 out of 137 companies in the Other Energy Sources industry, placing it in the top 97.8%.
Is NexGen Energy's Cyclically Adjusted PB Ratio too high?
NexGen Energy's current Cyclically Adjusted PB Ratio is 11.91. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.17. NexGen Energy's value of 11.91 is 917.9% above this industry median. Based on the distribution chart, NexGen Energy ranks #134 out of 137 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, NexGen Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NexGen Energy's Cyclically Adjusted PB Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, NexGen Energy ranks #134 out of 137 companies for Cyclically Adjusted PB Ratio. This places NexGen Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. NexGen Energy's value of 11.91 is 917.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.17, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NexGen Energy's current Cyclically Adjusted PB Ratio of 11.91 is 917.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on NexGen Energy and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexGen Energy's current Cyclically Adjusted PB Ratio is 11.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGen Energy stock overvalued right now?
NexGen Energy (ASX:NXG) has a current Cyclically Adjusted PB Ratio of 11.91. The current Cyclically Adjusted PB Ratio is 11.91 and 917.9% above the Other Energy Sources industry median of 1.17. NexGen Energy's overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For NexGen Energy (ASX:NXG), the current Cyclically Adjusted PB Ratio is 11.91 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NexGen Energy Ltd is an exploration and development stage entity engaged in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The Rook I Project is a development-stage uranium project in Canada. The Company also holds a prospective portfolio of uranium exploration projects in the historic eastern Athabasca Basin.
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