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Cameco (FRA:CJ6) Cyclically Adjusted PB Ratio : 4.82 (As of May. 22, 2025)


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What is Cameco Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Cameco's current share price is €46.645. Cameco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €9.67. Cameco's Cyclically Adjusted PB Ratio for today is 4.82.

The historical rank and industry rank for Cameco's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:CJ6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.35   Max: 5.7
Current: 4.75

During the past years, Cameco's highest Cyclically Adjusted PB Ratio was 5.70. The lowest was 0.65. And the median was 1.35.

FRA:CJ6's Cyclically Adjusted PB Ratio is ranked worse than
90.37% of 135 companies
in the Other Energy Sources industry
Industry Median: 1.17 vs FRA:CJ6: 4.75

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.

Cameco's adjusted book value per share data for the three months ended in Mar. 2025 was €9.609. 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 €9.67 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cameco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cameco'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.

* Premium members only.

Cameco Cyclically Adjusted PB Ratio Chart

Cameco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.93 2.06 3.77 4.90

Cameco Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.86 4.41 4.26 4.90 3.89

Competitive Comparison of Cameco's Cyclically Adjusted PB Ratio

For the Uranium subindustry, Cameco'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.


Cameco's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

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

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


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Cameco 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.

Cameco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.645/9.67
=4.82

* 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.

Cameco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cameco'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)
=9.609/129.1809*129.1809
=9.609

Current CPI (Mar. 2025) = 129.1809.

Cameco Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.011 100.500 12.868
201509 9.348 100.421 12.025
201512 9.382 99.947 12.126
201603 9.451 101.054 12.082
201606 9.269 102.002 11.739
201609 9.356 101.765 11.877
201612 9.442 101.449 12.023
201703 9.217 102.634 11.601
201706 8.705 103.029 10.915
201709 8.542 103.345 10.678
201712 8.125 103.345 10.156
201803 7.795 105.004 9.590
201806 7.971 105.557 9.755
201809 8.030 105.636 9.820
201812 8.253 105.399 10.115
201903 8.295 106.979 10.016
201906 8.303 107.690 9.960
201909 8.497 107.611 10.200
201912 8.624 107.769 10.337
202003 8.041 107.927 9.624
202006 8.141 108.401 9.702
202009 7.902 108.164 9.437
202012 8.030 108.559 9.555
202103 8.370 110.298 9.803
202106 8.433 111.720 9.751
202109 8.192 112.905 9.373
202112 8.417 113.774 9.557
202203 8.797 117.646 9.660
202206 9.161 120.806 9.796
202209 9.292 120.648 9.949
202212 9.376 120.964 10.013
202303 9.389 122.702 9.885
202306 9.578 124.203 9.962
202309 9.753 125.230 10.061
202312 9.594 125.072 9.909
202403 9.567 126.258 9.789
202406 9.649 127.522 9.775
202409 9.491 127.285 9.632
202412 9.800 127.364 9.940
202503 9.609 129.181 9.609

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.


Cameco  (FRA:CJ6) 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.


Cameco Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Cameco's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cameco Business Description

Industry
Address
11th Street West, Suite 2121, Saskatoon, SK, CAN, S7M 1J3
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.

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