enCore Energy (TSXV:EU) Cyclically Adjusted Revenue per Share: C$0.43 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:EU enCore Energy Corp TSXV:EU
34 GF Score
Price C$1.61
GF Value C$4.73
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is enCore Energy Cyclically Adjusted Revenue per Share?

enCore Energy TSXV:EU -2.42% 34 Cyclically Adjusted Revenue per Share is C$0.43 as of Mar. 2026. GuruFocus rates TSXV:EU with a GF Score™ of 34/100 and a GF Value™ of C$4.73 (Possible Value Trap). The stock has 4 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.

enCore Energy's adjusted revenue per share for the three months ended in Mar. 2026 was C$0.131. 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$0.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, enCore Energy's average Cyclically Adjusted Revenue Growth Rate was -10.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 26.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of enCore Energy was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

As of today (2026-07-18), enCore Energy's current stock price is C$1.61. enCore Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.43. enCore Energy's Cyclically Adjusted PS Ratio of today is 3.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of enCore Energy was 18.05. The lowest was 3.46. And the median was 9.29.


enCore Energy  (TSXV:EU) 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.

enCore Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.61/0.43
=3.74

* 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 enCore Energy was 18.05. The lowest was 3.46. And the median was 9.29.


Be Aware

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


enCore Energy Cyclically Adjusted Revenue per Share Related Terms


enCore Energy Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for enCore Energy'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.

enCore Energy Cyclically Adjusted Revenue per Share Chart

enCore Energy 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 0.00 0.21 0.48 0.46 0.42

enCore Energy 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 0.48 0.44 0.42 0.42 0.43

TSXV:EU vs UEC, LEU: Cyclically Adjusted Revenue per Share Comparison

For the Uranium subindustry, enCore Energy'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.


enCore Energy Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

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

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


TSXV:EU
34GF Score
enCore Energy Corp TSXV:EU
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

enCore Energy 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, enCore Energy'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)
=0.131/330.2130*330.2130
=0.131

Current CPI (Mar. 2026) = 330.2130.

enCore Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 0.000 264.877 0.000
202106 0.000 271.696 0.000
202109 0.000 274.310 0.000
202112 0.000 278.802 0.000
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202209 0.000 296.808 0.000
202212 0.053 296.797 0.059
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.000 307.789 0.000
202312 0.185 306.746 0.199
202403 0.237 312.332 0.251
202406 0.040 314.175 0.042
202409 0.068 315.301 0.071
202412 0.102 315.605 0.107
202503 0.141 319.799 0.146
202506 0.027 322.561 0.028
202509 0.066 324.800 0.067
202512 0.091 324.054 0.093
202603 0.131 330.213 0.131

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$0.43 mean?
enCore Energy (TSXV:EU) has a Cyclically Adjusted Revenue per Share of C$0.43 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 enCore Energy and its competitors.
Is enCore Energy's Cyclically Adjusted Revenue per Share too high?
enCore Energy's current Cyclically Adjusted Revenue per Share is C$0.43. Overall, enCore Energy has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does enCore Energy's Cyclically Adjusted Revenue per Share compare to UEC and LEU?
enCore Energy's Cyclically Adjusted Revenue per Share of C$0.43 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 enCore Energy and its competitors. enCore Energy's current Cyclically Adjusted Revenue per Share is C$0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is enCore Energy stock overvalued right now?
Based on GuruFocus' analysis, enCore Energy (TSXV:EU) is currently considered Possible Value Trap. The stock's GF Value™ is C$4.73, compared to a current price of C$1.61 — trading 66% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$0.43. enCore Energy's overall GF Score™ is 34/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For enCore Energy (TSXV:EU), the current Cyclically Adjusted Revenue per Share is C$0.43 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 enCore Energy (TSXV:EU) Overvalued in 2026?

Based on GuruFocus' analysis, enCore Energy stock appears to be undervalued. The current stock price of C$1.61 is trading 66% below its estimated GF Value™ of C$4.73. GuruFocus considers enCore Energy to be Possible Value Trap.

Key valuation signals for TSXV:EU:

  • Cyclically Adjusted Revenue per Share: C$0.43
  • GF Value™: C$4.73 vs. price of C$1.61 (66% below fair value)
  • GF Score™: 34/100 with 4 warning signs

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


enCore Energy Business Description

Other Exchanges EU:USA6TU:Germany
Address 13355 Noel Road, Suite 1700, One Galleria Tower, Dallas, TX, USA, 75240
enCore Energy Corp together with its subsidiary, is principally engaged in the acquisition, exploration, development and extraction of uranium resource properties in the United States. The Company is focused on the extraction of domestic uranium in the United States. The Company utilizes the In-Situ Recovery technology (ISR) to provide necessary fuel for the generation of clean, reliable, and carbon-free nuclear energy.
34GF Score

Get the complete analysis for TSXV:EU

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

C$1.61
Price
C$4.73
GF Value