Stock Valuation / CCJ

Is Cameco Corporation (CCJ) Overvalued? Fair Value & 5-Year Target

Cameco Corporation trades at $86.15 (P/E 148.53). Our reference model estimates a fair value of $30.84 at its recent average P/E of 53.18.

Current price$86.15
Current EPS$0.58
Current P/E148.53
Average P/E53.18
Fair value (at avg P/E)$30.84
Upside to fair value-64.2%
Illustrative 5-yr target (25× P/E, 15% growth)$29.16

What drives CCJ's valuation

Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.

About Cameco Corporation

Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. It operates in three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Its Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of conversion services. The Westinghouse segment operates as a nuclear reactor technology original equipment manufacturer and a provider of products and services to commercial utilities and government agencies. It also provides outage and maintenance, engineering support, i

Frequently asked questions

What is CCJ's fair value?

At its recent average P/E of 53.18, Cameco Corporation (CCJ) has a reference fair value of about $30.84, which is -64.2% versus the current price of $86.15.

Is Cameco Corporation (CCJ) overvalued or undervalued?

Based on the average-P/E reference model, Cameco Corporation looks overvalued relative to fair value by roughly +64.2%. This is a model output, not investment advice — change the P/E and growth assumptions in the dashboard for your own view.

What is a 5-year price target for CCJ?

Under an illustrative model of 25× P/E and 15% annual EPS growth, the implied 5-year target is $29.16. Adjust both inputs on the interactive page to match your assumptions.

Open the interactive CCJ valuation dashboard →

Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.