CCJ (Cameco) EV-to-EBITDA: 42.61 (As of Jul. 31, 2026) — 25% Above Median

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CCJ Cameco Corp CCJ
85 GF Score
Price $87.97
GF Value $67.01
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Cameco EV-to-EBITDA?

Cameco CCJ -0.30% 85 EV-to-EBITDA is 42.61 as of Jul. 31, 2026, which is 25% above its 10-year median of 34.21. GuruFocus rates CCJ with a GF Score™ of 85/100 and a GF Value™ of $67.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 102 Other Energy Sources companies, Cameco ranks worse than 96.08% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cameco's enterprise value is $38,142 Mil. Cameco's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $895 Mil. Therefore, Cameco's EV-to-EBITDA for today is 42.61.

The historical rank and industry rank for Cameco's EV-to-EBITDA or its related term are showing as below:

CCJ' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.14   Med: 34.21   Max: 94.58
Current: 42.61

During the past 13 years, the highest EV-to-EBITDA of Cameco was 94.58. The lowest was 7.14. And the median was 34.21.

CCJ's EV-to-EBITDA is ranked worse than
96.08% of 102 companies
in the Other Energy Sources industry
Industry Median: 9.705 vs CCJ: 42.61

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-31), Cameco's stock price is $87.965. Cameco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.086. Therefore, Cameco's PE Ratio (TTM) for today is 81.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Cameco  (NYSE:CCJ) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Cameco's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=87.965/1.086
=81.00

Cameco's share price for today is $87.965.
Cameco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.086.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Cameco EV-to-EBITDA Related Terms


Cameco EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cameco's EV-to-EBITDA 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 EV-to-EBITDA Chart

Cameco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.26 36.20 32.55 49.36 46.75

Cameco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 33.31 38.89 46.85 46.75 53.51

CCJ vs UEC, LEU: EV-to-EBITDA Comparison

For the Uranium subindustry, Cameco's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cameco's EV-to-EBITDA falls into.


CCJ
85GF Score
Cameco Corp CCJ
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cameco EV-to-EBITDA Calculation

Cameco's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=38141.653/895.213
=42.61

Cameco's current Enterprise Value is $38,142 Mil.
Cameco's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $895 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 42.61 mean?
Cameco (CCJ) has a EV-to-EBITDA of 42.61 as of Jul. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cameco. This is 25% above median its historical median of 34.21. Over the past decade, Cameco's EV-to-EBITDA has ranged from 7.14 to 94.58. According to the industry distribution chart, Cameco ranks #98 out of 102 companies in the Other Energy Sources industry, placing it in the top 96.1%.
Is Cameco's EV-to-EBITDA too high?
Cameco's current EV-to-EBITDA of 42.61 is 25% above median its 10-year median of 34.21. Over the past 10 years, this metric has ranged from a low of 7.14 to a high of 94.58. The Other Energy Sources industry median EV-to-EBITDA is 9.71. Cameco's value of 42.61 is 339.1% above this industry median. Based on the distribution chart, Cameco ranks #98 out of 102 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Cameco has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cameco's EV-to-EBITDA compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Cameco ranks #98 out of 102 companies for EV-to-EBITDA. This places Cameco in the lower half of its industry. The industry median EV-to-EBITDA is 9.71. Cameco's value of 42.61 is 339.1% above this benchmark. Historically, Cameco's own EV-to-EBITDA has ranged from 7.14 to 94.58 over the past decade. While the company's 10-year median is 34.21 vs. the industry median of 9.71, Cameco 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 EV-to-EBITDA for an Other Energy Sources company?
The median EV-to-EBITDA among Other Energy Sources companies is 9.71, based on 102 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cameco's current EV-to-EBITDA of 42.61 is 339.1% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cameco. For the Other Energy Sources industry, the median EV-to-EBITDA is 9.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cameco's current EV-to-EBITDA is 42.61, which is 25% above median its own 10-year median of 34.21. 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 (CCJ) is currently considered Significantly Overvalued. The stock's GF Value™ is $67.01, compared to a current price of $87.97 — trading 31.3% above its estimated fair value. The current EV-to-EBITDA is 42.61, which is 25% above median its 10-year median of 34.21 and 339.1% above the Other Energy Sources industry median of 9.71. Cameco's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Cameco (CCJ), the current EV-to-EBITDA is 42.61 as of Jul. 31, 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 (CCJ) Overvalued in 2026?

Based on GuruFocus' analysis, Cameco stock appears to be overvalued. The current stock price of $87.97 is trading 31.3% above its estimated GF Value™ of $67.01. GuruFocus considers Cameco to be Significantly Overvalued.

Key valuation signals for CCJ:

  • EV-to-EBITDA: 42.61 (25% above median its 10-year median of 34.21)
  • GF Value™: $67.01 vs. price of $87.97 (31.3% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 339.1% above the Other Energy Sources median (#98 of 102)

No single metric tells the full story. See the CCJ 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.
85GF Score

Get the complete analysis for CCJ

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

$87.97
Price
$67.01
GF Value