Denison Mines (TSX:DML) Cyclically Adjusted Revenue per Share: C$0.02 (As of Mar. 2026)


TSX:DML Denison Mines Corp TSX:DML
62 GF Score
Price C$4.58
GF Value C$2.64
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Denison Mines Cyclically Adjusted Revenue per Share?

Denison Mines TSX:DML +2.00% 62 Cyclically Adjusted Revenue per Share is C$0.02 as of Mar. 2026. GuruFocus rates TSX:DML with a GF Score™ of 62/100 and a GF Value™ of C$2.64 (Significantly Overvalued). The stock has 8 warning signs investors should review.

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 Revenue per Share and 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.

Denison Mines's adjusted revenue per share for the three months ended in Mar. 2026 was C$0.001. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is C$0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Denison Mines's average Cyclically Adjusted Revenue Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -9.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -24.00% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-11), Denison Mines's current stock price is C$4.58. Denison Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.02. Denison Mines's Cyclically Adjusted PS Ratio of today is 229.00.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Denison Mines was 284.00. The lowest was 2.04. And the median was 45.33.


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

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.58/0.02
=229.00

* 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 PS Ratio of Denison Mines was 284.00. The lowest was 2.04. And the median was 45.33.


Be Aware

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


Denison Mines Cyclically Adjusted Revenue per Share Related Terms


Denison Mines Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Denison Mines's Cyclically Adjusted Revenue 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.

Denison Mines Cyclically Adjusted Revenue per Share Chart

Denison Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.02

Denison Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 0.03 0.02 0.02 0.02 0.02

TSX:DML vs UEC, LEU: Cyclically Adjusted Revenue per Share Comparison

For the Uranium subindustry, Denison Mines'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.


Denison Mines Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

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

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


TSX:DML
62GF Score
Denison Mines Corp TSX:DML
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Denison Mines Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Denison Mines'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)
=0.001/132.2623*132.2623
=0.001

Current CPI (Mar. 2026) = 132.2623.

Denison Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.009 102.002 0.012
201609 0.009 101.765 0.012
201612 0.009 101.449 0.012
201703 0.007 102.634 0.009
201706 0.007 103.029 0.009
201709 0.007 103.345 0.009
201712 0.004 103.345 0.005
201803 0.006 105.004 0.008
201806 0.007 105.557 0.009
201809 0.007 105.636 0.009
201812 0.007 105.399 0.009
201903 0.007 106.979 0.009
201906 0.007 107.690 0.009
201909 0.006 107.611 0.007
201912 0.007 107.769 0.009
202003 0.008 107.927 0.010
202006 0.005 108.401 0.006
202009 0.004 108.164 0.005
202012 0.006 108.559 0.007
202103 0.003 110.298 0.004
202106 0.006 111.720 0.007
202109 0.012 112.905 0.014
202112 0.004 113.774 0.005
202203 0.005 117.646 0.006
202206 0.008 120.806 0.009
202209 0.004 120.648 0.004
202212 -0.006 120.964 -0.007
202303 -0.001 122.702 -0.001
202306 0.001 124.203 0.001
202309 0.001 125.230 0.001
202312 0.001 125.072 0.001
202403 0.001 126.258 0.001
202406 0.001 127.522 0.001
202409 0.001 127.285 0.001
202412 0.001 127.364 0.001
202503 0.002 129.181 0.002
202506 0.001 129.892 0.001
202509 0.001 130.287 0.001
202512 0.001 130.366 0.001
202603 0.001 132.262 0.001

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

What does a Cyclically Adjusted Revenue per Share of C$0.02 mean?
Denison Mines (TSX:DML) has a Cyclically Adjusted Revenue per Share of C$0.02 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Denison Mines and its competitors.
Is Denison Mines' Cyclically Adjusted Revenue per Share too high?
Denison Mines' current Cyclically Adjusted Revenue per Share is C$0.02. Overall, Denison Mines has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denison Mines' Cyclically Adjusted Revenue per Share compare to UEC and LEU?
Denison Mines' Cyclically Adjusted Revenue per Share of C$0.02 can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Other Energy Sources company?
A good Cyclically Adjusted Revenue per Share depends on the Other Energy Sources industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Denison Mines and its competitors. Denison Mines's current Cyclically Adjusted Revenue per Share is C$0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denison Mines stock overvalued right now?
Based on GuruFocus' analysis, Denison Mines (TSX:DML) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.64, compared to a current price of C$4.58 — trading 73.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$0.02. Denison Mines' overall GF Score™ is 62/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Denison Mines (TSX:DML), the current Cyclically Adjusted Revenue per Share is C$0.02 as of Mar. 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 Denison Mines (TSX:DML) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of C$4.58 is trading 73.5% above its estimated GF Value™ of C$2.64. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for TSX:DML:

  • Cyclically Adjusted Revenue per Share: C$0.02
  • GF Value™: C$2.64 vs. price of C$4.58 (73.5% above fair value)
  • GF Score™: 62/100 with 8 warning signs

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


Denison Mines Business Description

Other Exchanges DNN:USA0URY:UKIUQ:Germany
Address 40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is engaged in uranium mining-related activities, including the acquisition, exploration, development, and mining of uranium-bearing properties, as well as the processing, sale, and investment in uranium. The company's key properties include Wheeler River, Waterbury Lake, McClean Lake, Midwest, and others. It operates through two segments: the Mining segment and the Corporate and Other segment. The majority of the company's revenue is generated from the Mining segment, which includes activities related to exploration, evaluation, and development, mining, milling (including toll milling), and the sale of mineral concentrates.
62GF Score

Get the complete analysis for TSX:DML

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

C$4.58
Price
C$2.64
GF Value