DNN (Denison Mines) E10: $-0.04 (As of Mar. 2026)


DNN Denison Mines Corp DNN
58 GF Score
Price $3.17
GF Value $1.87
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Denison Mines E10?

Denison Mines DNN -3.06% 58 E10 is $-0.04 as of Mar. 2026. GuruFocus rates DNN with a GF Score™ of 58/100 and a GF Value™ of $1.87 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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.

Denison Mines's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.095. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.04 for the trailing ten years ended in Mar. 2026.

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 Denison Mines was 35.60% per year. The lowest was -175.90% per year. And the median was 2.40% per year.

As of today (2026-06-24), Denison Mines's current stock price is $3.17. Denison Mines's E10 for the quarter that ended in Mar. 2026 was $-0.04. Denison Mines's Shiller PE Ratio of today is .


Denison Mines  (AMEX:DNN) 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.


Be Aware

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


Denison Mines E10 Related Terms


Denison Mines E10 Historical Data

* Premium members only.

The historical data trend for Denison Mines'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.

Denison Mines E10 Chart

Denison Mines 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 -0.10 0.00 -0.03 -0.03 -0.04

Denison Mines 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 -0.03 -0.03 -0.04 -0.04 -0.04

DNN vs UEC, LEU: E10 Comparison

For the Uranium subindustry, Denison Mines'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.


Denison Mines Shiller PE Ratio vs Other Energy Sources Industry

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

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


DNN
58GF Score
Denison Mines Corp DNN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Denison Mines 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, Denison Mines'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)
=-0.095/132.2623*132.2623
=-0.095

Current CPI (Mar. 2026) = 132.2623.

Denison Mines Quarterly Data

per share eps CPI Adj_EPS
201606 -0.010 102.002 -0.013
201609 0.010 101.765 0.013
201612 -0.020 101.449 -0.026
201703 -0.002 102.634 -0.003
201706 -0.015 103.029 -0.019
201709 -0.008 103.345 -0.010
201712 -0.006 103.345 -0.008
201803 -0.008 105.004 -0.010
201806 -0.008 105.557 -0.010
201809 -0.008 105.636 -0.010
201812 -0.015 105.399 -0.019
201903 -0.007 106.979 -0.009
201906 -0.008 107.690 -0.010
201909 -0.008 107.611 -0.010
201912 0.000 107.769 0.000
202003 -0.007 107.927 -0.009
202006 -0.001 108.401 -0.001
202009 -0.008 108.164 -0.010
202012 -0.008 108.559 -0.010
202103 -0.008 110.298 -0.010
202106 -0.002 111.720 -0.002
202109 0.032 112.905 0.037
202112 -0.008 113.774 -0.009
202203 0.039 117.646 0.044
202206 -0.016 120.806 -0.018
202209 -0.007 120.648 -0.008
202212 0.000 120.964 0.000
202303 -0.002 122.702 -0.002
202306 0.000 124.203 0.000
202309 0.052 125.230 0.055
202312 0.022 125.072 0.023
202403 -0.015 126.258 -0.016
202406 -0.015 127.522 -0.016
202409 -0.022 127.285 -0.023
202412 -0.021 127.364 -0.022
202503 -0.035 129.181 -0.036
202506 0.007 129.892 0.007
202509 -0.108 130.287 -0.110
202512 -0.036 130.366 -0.037
202603 -0.095 132.262 -0.095

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 $-0.04 mean?
Denison Mines (DNN) has a E10 of $-0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Denison Mines and its competitors.
Is Denison Mines' E10 too high?
Denison Mines' current E10 is $-0.04. Overall, Denison Mines has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denison Mines' E10 compare to UEC and LEU?
Denison Mines' E10 of $-0.04 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 Denison Mines and its competitors. Denison Mines's current E10 is $-0.04. 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 (DNN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.87, compared to a current price of $3.17 — trading 69.5% above its estimated fair value. The current E10 is $-0.04. Denison Mines' overall GF Score™ is 58/100 with 7 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 Denison Mines (DNN), the current E10 is $-0.04 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 (DNN) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of $3.17 is trading 69.5% above its estimated GF Value™ of $1.87. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for DNN:

  • E10: $-0.04
  • GF Value™: $1.87 vs. price of $3.17 (69.5% above fair value)
  • GF Score™: 58/100 with 7 warning signs

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


Denison Mines Business Description

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.
58GF Score

Get the complete analysis for DNN

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

$3.17
Price
$1.87
GF Value