Energy Fuels (TSX:EFR) Cyclically Adjusted PS Ratio: 36.30 (As of Jul. 29, 2026) — 814% Above Median

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TSX:EFR Energy Fuels Inc TSX:EFR
83 GF Score
Price C$15.97
GF Value C$20.31
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Energy Fuels Cyclically Adjusted PS Ratio?

Energy Fuels TSX:EFR -3.45% 83 Cyclically Adjusted PS Ratio is 36.30 as of Jul. 29, 2026, which is 814% above its 10-year median of 3.97. GuruFocus rates TSX:EFR with a GF Score™ of 83/100 and a GF Value™ of C$20.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 112 Other Energy Sources companies, Energy Fuels ranks worse than 97.32% on this metric.

As of today (2026-07-29), Energy Fuels's current share price is C$15.97. Energy Fuels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.44. Energy Fuels's Cyclically Adjusted PS Ratio for today is 36.30.

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

TSX:EFR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 3.97   Max: 72.67
Current: 36.58

During the past years, Energy Fuels's highest Cyclically Adjusted PS Ratio was 72.67. The lowest was 0.54. And the median was 3.97.

TSX:EFR's Cyclically Adjusted PS Ratio is ranked worse than
97.32% of 112 companies
in the Other Energy Sources industry
Industry Median: 1.095 vs TSX:EFR: 36.58

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Energy Fuels's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.204. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$0.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Fuels  (TSX:EFR) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Energy Fuels Cyclically Adjusted PS Ratio Related Terms


Energy Fuels Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Energy Fuels's Cyclically Adjusted PS 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 PS Ratio Chart

Energy Fuels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 5.26 9.21 9.52 41.74

Energy Fuels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 7.28 13.83 42.18 41.74 58.44

TSX:EFR vs UEC, LEU: Cyclically Adjusted PS Ratio Comparison

For the Uranium subindustry, Energy Fuels's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Other Energy Sources Industry

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

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


TSX:EFR
83GF Score
Energy Fuels Inc TSX:EFR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Fuels Cyclically Adjusted PS Ratio Calculation

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

Energy Fuels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.97/0.44
=36.30

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.204/330.2130*330.2130
=0.204

Current CPI (Mar. 2026) = 330.2130.

Energy Fuels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.170 241.018 0.233
201609 0.195 241.428 0.267
201612 0.420 241.432 0.574
201703 0.073 243.801 0.099
201706 0.338 244.955 0.456
201709 0.095 246.819 0.127
201712 0.069 246.524 0.092
201803 0.022 249.554 0.029
201806 0.409 251.989 0.536
201809 0.007 252.439 0.009
201812 0.045 251.233 0.059
201903 0.024 254.202 0.031
201906 0.043 256.143 0.055
201909 0.006 256.759 0.008
201912 0.009 256.974 0.012
202003 0.005 258.115 0.006
202006 0.005 257.797 0.006
202009 0.006 260.280 0.008
202012 0.004 260.474 0.005
202103 0.003 264.877 0.004
202106 0.004 271.696 0.005
202109 0.006 274.310 0.007
202112 0.013 278.802 0.015
202203 0.024 287.504 0.028
202206 0.053 296.311 0.059
202209 0.025 296.808 0.028
202212 0.002 296.797 0.002
202303 0.169 301.836 0.185
202306 0.058 305.109 0.063
202309 0.093 307.789 0.100
202312 0.004 306.746 0.004
202403 0.209 312.332 0.221
202406 0.073 314.175 0.077
202409 0.033 315.301 0.035
202412 0.289 315.605 0.302
202503 0.117 319.799 0.121
202506 0.026 322.561 0.027
202509 0.105 324.800 0.107
202512 0.157 324.054 0.160
202603 0.204 330.213 0.204

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 36.30 mean?
Energy Fuels (TSX:EFR) has a Cyclically Adjusted PS Ratio of 36.30 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Energy Fuels and its competitors. This is 814% above median its historical median of 3.97. Over the past decade, Energy Fuels' Cyclically Adjusted PS Ratio has ranged from 0.54 to 72.67. According to the industry distribution chart, Energy Fuels ranks #109 out of 112 companies in the Other Energy Sources industry, placing it in the top 97.3%.
Is Energy Fuels' Cyclically Adjusted PS Ratio too high?
Energy Fuels' current Cyclically Adjusted PS Ratio of 36.30 is 814% above median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 72.67. The Other Energy Sources industry median Cyclically Adjusted PS Ratio is 1.10. Energy Fuels' value of 36.30 is 3215.1% above this industry median. Based on the distribution chart, Energy Fuels ranks #109 out of 112 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Energy Fuels has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energy Fuels' Cyclically Adjusted PS Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Energy Fuels ranks #109 out of 112 companies for Cyclically Adjusted PS Ratio. This places Energy Fuels in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.10. Energy Fuels' value of 36.30 is 3215.1% above this benchmark. Historically, Energy Fuels' own Cyclically Adjusted PS Ratio has ranged from 0.54 to 72.67 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 1.10, Energy Fuels has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Other Energy Sources company?
The median Cyclically Adjusted PS Ratio among Other Energy Sources companies is 1.10, based on 112 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Fuels's current Cyclically Adjusted PS Ratio of 36.30 is 3215.1% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Energy Fuels and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PS Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Fuels's current Cyclically Adjusted PS Ratio is 36.30, which is 814% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Energy Fuels (TSX:EFR) is currently considered Modestly Undervalued. The stock's GF Value™ is C$20.31, compared to a current price of C$15.97 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 36.30, which is 814% above median its 10-year median of 3.97 and 3215.1% above the Other Energy Sources industry median of 1.10. Energy Fuels' overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Energy Fuels (TSX:EFR), the current Cyclically Adjusted PS Ratio is 36.30 as of Jul. 29, 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.

Is Energy Fuels (TSX:EFR) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Fuels stock appears to be undervalued. The current stock price of C$15.97 is trading 21.4% below its estimated GF Value™ of C$20.31. GuruFocus considers Energy Fuels to be Modestly Undervalued.

Key valuation signals for TSX:EFR:

  • Cyclically Adjusted PS Ratio: 36.30 (814% above median its 10-year median of 3.97)
  • GF Value™: C$20.31 vs. price of C$15.97 (21.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 3215.1% above the Other Energy Sources median (#109 of 112)

No single metric tells the full story. See the TSX:EFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
83GF Score

Get the complete analysis for TSX:EFR

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$15.97
Price
C$20.31
GF Value