Denison Mines (TSX:DML) ROE % Adjusted to Book Value: -8.54% (As of Mar. 2026)


TSX:DML Denison Mines Corp TSX:DML
62 GF Score
Price C$4.39
GF Value C$2.66
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Denison Mines ROE % Adjusted to Book Value?

Denison Mines TSX:DML +0.46% 62 ROE % Adjusted to Book Value is -8.54% as of Mar. 2026. GuruFocus rates TSX:DML with a GF Score™ of 62/100 and a GF Value™ of C$2.66 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Denison Mines's ROE % for the quarter that ended in Mar. 2026 was -146.22%. Denison Mines's PB Ratio for the quarter that ended in Mar. 2026 was 17.12. Denison Mines's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -8.54%.


Denison Mines ROE % Adjusted to Book Value Related Terms


Denison Mines ROE % Adjusted to Book Value Historical Data

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The historical data trend for Denison Mines's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Denison Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.17 5.21 -3.65 -5.23

Denison Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 -9.95 2.27 -13.48 -5.98 -8.54

TSX:DML vs UEC, LEU: ROE % Adjusted to Book Value Comparison

For the Uranium subindustry, Denison Mines's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Denison Mines's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Denison Mines's ROE % Adjusted to Book Value falls into.


TSX:DML
62GF Score
Denison Mines Corp TSX:DML
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Denison Mines ROE % Adjusted to Book Value Calculation

Denison Mines's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-46.59% / 8.90
=-5.23%

Denison Mines's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-146.22% / 17.12
=-8.54%

* 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.

What does a ROE % Adjusted to Book Value of -8.54% mean?
Denison Mines (TSX:DML) has a ROE % Adjusted to Book Value of -8.54% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Denison Mines and its competitors.
Is Denison Mines' ROE % Adjusted to Book Value too high?
Denison Mines' current ROE % Adjusted to Book Value is -8.54%. Overall, Denison Mines has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denison Mines' ROE % Adjusted to Book Value compare to UEC and LEU?
Denison Mines' ROE % Adjusted to Book Value of -8.54% 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 ROE % Adjusted to Book Value for an Other Energy Sources company?
A good ROE % Adjusted to Book Value depends on the Other Energy Sources industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Denison Mines and its competitors. Denison Mines's current ROE % Adjusted to Book Value is -8.54%. 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 (TSX:DML) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.66, compared to a current price of C$4.39 — trading 65% above its estimated fair value. The current ROE % Adjusted to Book Value is -8.54%. Denison Mines' overall GF Score™ is 62/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Denison Mines (TSX:DML), the current ROE % Adjusted to Book Value is -8.54% 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 (TSX:DML) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of C$4.39 is trading 65% above its estimated GF Value™ of C$2.66. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for TSX:DML:

  • ROE % Adjusted to Book Value: -8.54%
  • GF Value™: C$2.66 vs. price of C$4.39 (65% above fair value)
  • GF Score™: 62/100 with 8 warning signs

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


Denison Mines Business Description

Other Exchanges DNN:USA0URY:UKIUQ:Germany
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.
62GF Score

Get the complete analysis for TSX:DML

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.39
Price
C$2.66
GF Value