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Denison Mines (TSX:DML) Cyclically Adjusted PS Ratio : 93.00 (As of May. 15, 2024)


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What is Denison Mines Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Denison Mines's current share price is C$2.79. Denison Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.03. Denison Mines's Cyclically Adjusted PS Ratio for today is 93.00.

The historical rank and industry rank for Denison Mines's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:DML' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.04   Med: 5.67   Max: 104.35
Current: 104.35

During the past years, Denison Mines's highest Cyclically Adjusted PS Ratio was 104.35. The lowest was 2.04. And the median was 5.67.

TSX:DML's Cyclically Adjusted PS Ratio is ranked worse than
100% of 109 companies
in the Other Energy Sources industry
Industry Median: 1.13 vs TSX:DML: 104.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Denison Mines's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.001. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Denison Mines Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Denison Mines's Cyclically Adjusted PS 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.

* Premium members only.

Denison Mines Cyclically Adjusted PS Ratio Chart

Denison Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.58 20.69 58.15 52.72 85.07

Denison Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 50.75 57.58 77.99 85.07 99.12

Competitive Comparison of Denison Mines's Cyclically Adjusted PS Ratio

For the Uranium subindustry, Denison Mines's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where Denison Mines's Cyclically Adjusted PS Ratio falls into.



Denison Mines Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Denison Mines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.79/0.03
=93.00

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Denison Mines's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.001/125.4675*125.4675
=0.001

Current CPI (Mar. 2024) = 125.4675.

Denison Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.005 99.473 0.006
201409 0.005 99.394 0.006
201412 0.007 98.367 0.009
201503 0.006 99.789 0.008
201506 0.007 100.500 0.009
201509 0.009 100.421 0.011
201512 0.011 99.947 0.014
201603 0.008 101.054 0.010
201606 0.009 102.002 0.011
201609 0.009 101.765 0.011
201612 0.009 101.449 0.011
201703 0.007 102.634 0.009
201706 0.007 103.029 0.009
201709 0.007 103.345 0.008
201712 0.004 103.345 0.005
201803 0.006 105.004 0.007
201806 0.007 105.557 0.008
201809 0.007 105.636 0.008
201812 0.007 105.399 0.008
201903 0.007 106.979 0.008
201906 0.007 107.690 0.008
201909 0.006 107.611 0.007
201912 0.007 107.769 0.008
202003 0.008 107.927 0.009
202006 0.005 108.401 0.006
202009 0.004 108.164 0.005
202012 0.006 108.559 0.007
202103 0.003 110.298 0.003
202106 0.006 111.720 0.007
202109 0.012 112.905 0.013
202112 0.004 113.774 0.004
202203 0.005 117.646 0.005
202206 0.008 120.806 0.008
202209 0.004 120.648 0.004
202212 -0.006 120.964 -0.006
202303 -0.001 122.702 -0.001
202306 0.004 124.203 0.004
202309 0.003 125.230 0.003
202312 -0.006 125.468 -0.006
202403 0.001 125.468 0.001

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Denison Mines  (TSX:DML) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Denison Mines Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Denison Mines's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Denison Mines (TSX:DML) Business Description

Traded in Other Exchanges
Address
40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.
Executives
David Daniel Cates Director, Senior Officer

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