Cameco (Cameco) PB Ratio

: 4.64 (As of Today)

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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 (2024-04-19), Cameco's share price is $48.56. Cameco's Book Value per Share for the quarter that ended in Dec. 2023 was $10.46. Hence, Cameco's PB Ratio of today is 4.64.

Warning Sign:

Cameco Corp stock PB Ratio (=4.73) is close to 10-year high of 4.87

The historical rank and industry rank for Cameco's PB Ratio or its related term are showing as below:

CCJ' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.32 Max: 4.87
Current: 4.77

During the past 13 years, Cameco's highest PB Ratio was 4.87. The lowest was 0.72. And the median was 1.32.

CCJ's PB Ratio is ranked worse than
87.95% of 166 companies
in the Other Energy Sources industry
Industry Median: 1.375 vs CCJ: 4.77

During the past 12 months, Cameco's average Book Value Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cameco was 16.60% per year. The lowest was -3.70% per year. And the median was 4.15% per year.

Back to Basics: PB Ratio

Cameco PB Ratio Historical Data

The historical data trend for Cameco'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.

* Premium members only.

Cameco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.93

1.37

2.29

2.28

4.12

Cameco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																2.28	2.60	3.02	3.81	4.12

Competitive Comparison

For the Uranium subindustry, Cameco'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.

Cameco PB Ratio Distribution

For the Other Energy Sources industry and Energy sector, Cameco's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cameco's PB Ratio falls into.

Cameco PB Ratio Calculation

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.

Cameco's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	48.56	/	10.462
	=	4.64

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Cameco (NYSE:CCJ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.

Cameco PB Ratio Related Terms

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Cameco (Cameco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Cameco Corp (NYSE:CCJ) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CJ6:Germany CJ6:Germany CCO:Canada

Address

2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3

Website

https://www.cameco.com

Cameco Corp is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.