Denison MinesDNN +0.98%58 PB Ratio is 14.76 as of Jun. 29, 2026, which is 425% above its 10-year median of 2.81. GuruFocus rates DNN with a GF Score™ of 58/100 and a GF Value™ of $1.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 176 Other Energy Sources companies, Denison Mines ranks worse than 98.86% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-29), Denison Mines's share price is $3.10. Denison Mines's Book Value per Share for the quarter that ended in Mar. 2026 was $0.21. Hence, Denison Mines's PB Ratio of today is 14.76.
The historical rank and industry rank for Denison Mines's PB Ratio or its related term are showing as below:
DNN'
s PB Ratio Range Over the Past 10 Years
Min: 0.82 Med: 2.81 Max: 18.4
Current: 15.24
During the past 13 years, Denison Mines's highest PB Ratio was 18.40. The lowest was 0.82. And the median was 2.81.
DNN's PB Ratio is ranked worse than 98.86% of 176
companies
in the Other Energy Sources industry
Industry Median: 1.3
vs DNN: 15.24
During the past 12 months, Denison Mines's average Book Value Per Share Growth Rate was -50.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Denison Mines was 174.00% per year. The lowest was -47.50% per year. And the median was -6.80% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Denison Mines PB Ratio Related Terms
Denison Mines PB Ratio Historical Data
* Premium members only.
The historical data trend for Denison Mines's PB Ratio 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.
For the Uranium subindustry, Denison Mines's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Denison Mines's PB Ratio distribution charts can be found below:
* The bar in red indicates where Denison Mines's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Denison Mines's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Denison Mines (DNN) has a PB Ratio of 14.76 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Denison Mines and its competitors. This is 425% above median its historical median of 2.81. Over the past decade, Denison Mines' PB Ratio has ranged from 0.82 to 18.40. According to the industry distribution chart, Denison Mines ranks #174 out of 176 companies in the Other Energy Sources industry, placing it in the top 98.9%.
Is Denison Mines' PB Ratio too high?
Denison Mines' current PB Ratio of 14.76 is 425% above median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 18.40. The Other Energy Sources industry median PB Ratio is 1.30. Denison Mines' value of 14.76 is 1035.4% above this industry median. Based on the distribution chart, Denison Mines ranks #174 out of 176 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. 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' PB Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Denison Mines ranks #174 out of 176 companies for PB Ratio. This places Denison Mines in the lower half of its industry. The industry median PB Ratio is 1.30. Denison Mines' value of 14.76 is 1035.4% above this benchmark. Historically, Denison Mines' own PB Ratio has ranged from 0.82 to 18.40 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 1.30, Denison Mines 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 PB Ratio for an Other Energy Sources company?
The median PB Ratio among Other Energy Sources companies is 1.30, based on 176 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Denison Mines's current PB Ratio of 14.76 is 1035.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Denison Mines and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denison Mines's current PB Ratio is 14.76, which is 425% above median its own 10-year median of 2.81. 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 $1.88, compared to a current price of $3.10 — trading 64.9% above its estimated fair value. The current PB Ratio is 14.76, which is 425% above median its 10-year median of 2.81 and 1035.4% above the Other Energy Sources industry median of 1.30. Denison Mines' overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Denison Mines (DNN), the current PB Ratio is 14.76 as of Jun. 29, 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 $3.10 is trading 64.9% above its estimated GF Value™ of $1.88.
GuruFocus considers Denison Mines to be Significantly Overvalued.
Key valuation signals for DNN:
PB Ratio: 14.76 (425% above median its 10-year median of 2.81)
GF Value™: $1.88 vs. price of $3.10 (64.9% above fair value)
Industry Position: 1035.4% above the Other Energy Sources median (#174 of 176)
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 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
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DNN has been successfully added to your 
