Cameco (BSP:C1CJ34) E10: R$0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

BSP:C1CJ34 Cameco Corp BSP:C1CJ34
55 GF Score
Price R$90.90
GF Value R$65.89
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Cameco E10?

Cameco BSP:C1CJ34 +1.71% 55 E10 is R$0.00 as of Mar. 2026. GuruFocus rates BSP:C1CJ34 with a GF Score™ of 55/100 and a GF Value™ of R$65.89 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Cameco's adjusted earnings per share data for the three months ended in Mar. 2026 was R$1.143. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cameco's average E10 Growth Rate was 84.60% per year. During the past 3 years, the average E10 Growth Rate was 17.00% per year. During the past 5 years, the average E10 Growth Rate was -9.60% per year. During the past 10 years, the average E10 Growth Rate was -21.80% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Cameco was 34.30% per year. The lowest was -38.10% per year. And the median was -0.50% per year.

As of today (2026-07-24), Cameco's current stock price is R$90.90. Cameco's E10 for the quarter that ended in Mar. 2026 was R$0.00. Cameco's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cameco was 1202.00. The lowest was 9.43. And the median was 72.72.


Cameco  (BSP:C1CJ34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Cameco was 1202.00. The lowest was 9.43. And the median was 72.72.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Cameco E10 Related Terms


Cameco E10 Historical Data

* Premium members only.

The historical data trend for Cameco's E10 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.

Cameco E10 Chart

Cameco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Cameco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.00 0.00 0.00 0.00 0.00

BSP:C1CJ34 vs UEC, LEU: E10 Comparison

For the Uranium subindustry, Cameco's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Other Energy Sources Industry

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

* The bar in red indicates where Cameco's Shiller PE Ratio falls into.


BSP:C1CJ34
55GF Score
Cameco Corp BSP:C1CJ34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cameco E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Cameco's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.143/132.2623*132.2623
=1.143

Current CPI (Mar. 2026) = 132.2623.

Cameco Quarterly Data

per share eps CPI Adj_EPS
201606 -0.929 102.002 -1.205
201609 0.893 101.765 1.161
201612 -0.930 101.449 -1.212
201703 -0.117 102.634 -0.151
201706 -0.010 103.029 -0.013
201709 -0.791 103.345 -1.012
201712 -0.413 103.345 -0.529
201803 0.355 105.004 0.447
201806 -0.546 105.557 -0.684
201809 0.221 105.636 0.277
201812 1.156 105.399 1.451
201903 -0.144 106.979 -0.178
201906 -0.174 107.690 -0.214
201909 -0.093 107.611 -0.114
201912 1.029 107.769 1.263
202003 -0.175 107.927 -0.214
202006 -0.498 108.401 -0.608
202009 -0.612 108.164 -0.748
202012 0.843 108.559 1.027
202103 -0.045 110.298 -0.054
202106 -0.370 111.720 -0.438
202109 -0.750 112.905 -0.879
202112 0.133 113.774 0.155
202203 0.393 117.646 0.442
202206 0.828 120.806 0.907
202209 -0.197 120.648 -0.216
202212 -0.154 120.964 -0.168
202303 1.028 122.702 1.108
202306 0.110 124.203 0.117
202309 1.241 125.230 1.311
202312 0.657 125.072 0.695
202403 -0.074 126.258 -0.078
202406 0.314 127.522 0.326
202409 0.082 127.285 0.085
202412 1.328 127.364 1.379
202503 0.642 129.181 0.657
202506 3.003 129.892 3.058
202509 -0.001 130.287 -0.001
202512 1.780 130.366 1.806
202603 1.143 132.262 1.143

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of R$0.00 mean?
Cameco (BSP:C1CJ34) has a E10 of R$0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cameco and its competitors.
Is Cameco's E10 too high?
Cameco's current E10 is R$0.00. Overall, Cameco has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cameco's E10 compare to UEC and LEU?
Cameco's E10 of R$0.00 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 E10 for an Other Energy Sources company?
A good E10 depends on the Other Energy Sources industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cameco and its competitors. Cameco's current E10 is R$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cameco stock overvalued right now?
Based on GuruFocus' analysis, Cameco (BSP:C1CJ34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$65.89, compared to a current price of R$90.90 — trading 38% above its estimated fair value. The current E10 is R$0.00. Cameco's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Cameco (BSP:C1CJ34), the current E10 is R$0.00 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 Cameco (BSP:C1CJ34) Overvalued in 2026?

Based on GuruFocus' analysis, Cameco stock appears to be overvalued. The current stock price of R$90.90 is trading 38% above its estimated GF Value™ of R$65.89. GuruFocus considers Cameco to be Significantly Overvalued.

Key valuation signals for BSP:C1CJ34:

  • E10: R$0.00
  • GF Value™: R$65.89 vs. price of R$90.90 (38% above fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the BSP:C1CJ34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cameco Business Description

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 and is one of those uranium producers. It has three reportable segments: Uranium, Fuel Services, and Westinghouse, deriving maximum revenue from the Westinghouse segment. The Uranium segment involves the exploration for, mining, milling, purchase, and sale of uranium concentrate, while the Fuel Services segment involves the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services. Westinghouse Electric Company provides products and services to nuclear reactors, including outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts.
55GF Score

Get the complete analysis for BSP:C1CJ34

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$90.90
Price
R$65.89
GF Value