enCore EnergyTSXV:EU +1.56%39 PB Ratio is 1.08 as of Jun. 28, 2026, which is 43% below its 10-year median of 1.88. GuruFocus rates TSXV:EU with a GF Score™ of 39/100 and a GF Value™ of C$4.54 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 176 Other Energy Sources companies, enCore Energy ranks better than 56.25% 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 (2026-06-28), enCore Energy's share price is C$1.95. enCore Energy's Book Value per Share for the quarter that ended in Mar. 2026 was C$1.80. Hence, enCore Energy's PB Ratio of today is 1.08.
Good Sign:
enCore Energy Corp stock PB Ratio (=1.08) is close to 1-year low of 1.06.
The historical rank and industry rank for enCore Energy's PB Ratio or its related term are showing as below:
TSXV:EU'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1.88 Max: 3.05
Current: 1.08
During the past 13 years, enCore Energy's highest PB Ratio was 3.05. The lowest was 0.80. And the median was 1.88.
TSXV:EU's PB Ratio is ranked better than 56.25% of 176
companies
in the Other Energy Sources industry
Industry Median: 1.285
vs TSXV:EU: 1.08
During the past 12 months, enCore Energy's average Book Value Per Share Growth Rate was -12.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 30.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 41.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of enCore Energy was 152.80% per year. The lowest was -59.10% per year. And the median was -0.20% 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.
enCore Energy PB Ratio Related Terms
enCore Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for enCore Energy'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, enCore Energy'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.
enCore Energy PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, enCore Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where enCore Energy'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.
enCore Energy'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.
enCore Energy (TSXV:EU) has a PB Ratio of 1.08 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on enCore Energy and its competitors. This is 43% below median its historical median of 1.88. Over the past decade, enCore Energy's PB Ratio has ranged from 0.80 to 3.05. According to the industry distribution chart, enCore Energy ranks #77 out of 176 companies in the Other Energy Sources industry, placing it in the top 43.7%.
Is enCore Energy's PB Ratio too high?
enCore Energy's current PB Ratio of 1.08 is 43% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 3.05. The Other Energy Sources industry median PB Ratio is 1.29. enCore Energy's value of 1.08 is 16% below this industry median. Based on the distribution chart, enCore Energy ranks #77 out of 176 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, enCore Energy has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does enCore Energy's PB Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, enCore Energy ranks #77 out of 176 companies for PB Ratio. This puts enCore Energy in the upper half of its industry. The industry median PB Ratio is 1.29. enCore Energy's value of 1.08 is 16% below this benchmark. Historically, enCore Energy's own PB Ratio has ranged from 0.80 to 3.05 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.29, enCore Energy has consistently been below 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 1.29, 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. enCore Energy's current PB Ratio of 1.08 is 16% below 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 enCore Energy and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. enCore Energy's current PB Ratio is 1.08, which is 43% below median its own 10-year median of 1.88. 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$4.54, compared to a current price of C$1.95 — trading 57% below its estimated fair value. The current PB Ratio is 1.08, which is 43% below median its 10-year median of 1.88 and 16% below the Other Energy Sources industry median of 1.29. enCore Energy's overall GF Score™ is 39/100 with 4 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 enCore Energy (TSXV:EU), the current PB Ratio is 1.08 as of Jun. 28, 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$1.95 is trading 57% below its estimated GF Value™ of C$4.54.
GuruFocus considers enCore Energy to be Possible Value Trap.
Key valuation signals for TSXV:EU:
PB Ratio: 1.08 (43% below median its 10-year median of 1.88)
GF Value™: C$4.54 vs. price of C$1.95 (57% below fair value)
Industry Position: 16% below the Other Energy Sources median (#77 of 176)
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 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.
39GF Score
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