BEVFF (Diversified Royalty) Cyclically Adjusted PB Ratio: 2.21 (As of Jul. 22, 2026) — 51% Above Median

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BEVFF Diversified Royalty Corp BEVFF
85 GF Score
Price $3.21
GF Value $2.62
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Diversified Royalty Cyclically Adjusted PB Ratio?

Diversified Royalty BEVFF +0.09% 85 Cyclically Adjusted PB Ratio is 2.21 as of Jul. 22, 2026, which is 51% above its 10-year median of 1.46. GuruFocus rates BEVFF with a GF Score™ of 85/100 and a GF Value™ of $2.62 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 729 Business Services companies, Diversified Royalty ranks worse than 64.75% on this metric.

As of today (2026-07-22), Diversified Royalty's current share price is $3.206. Diversified Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.45. Diversified Royalty's Cyclically Adjusted PB Ratio for today is 2.21.

The historical rank and industry rank for Diversified Royalty's Cyclically Adjusted PB Ratio or its related term are showing as below:

BEVFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.46   Max: 2.44
Current: 2.24

During the past years, Diversified Royalty's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 0.72. And the median was 1.46.

BEVFF's Cyclically Adjusted PB Ratio is ranked worse than
64.75% of 729 companies
in the Business Services industry
Industry Median: 1.56 vs BEVFF: 2.24

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Diversified Royalty's adjusted book value per share data for the three months ended in Mar. 2026 was $1.233. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $1.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diversified Royalty  (OTCPK:BEVFF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Diversified Royalty Cyclically Adjusted PB Ratio Related Terms


Diversified Royalty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Diversified Royalty's Cyclically Adjusted 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.

Diversified Royalty Cyclically Adjusted PB Ratio Chart

Diversified Royalty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.43 1.31 1.41 1.84

Diversified Royalty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB 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 1.36 1.54 1.83 1.84 2.03

BEVFF vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Diversified Royalty's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Diversified Royalty Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Diversified Royalty's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Diversified Royalty's Cyclically Adjusted PB Ratio falls into.


BEVFF
85GF Score
Diversified Royalty Corp BEVFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diversified Royalty Cyclically Adjusted PB Ratio Calculation

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

Diversified Royalty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.206/1.45
=2.21

* 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.

Diversified Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Diversified Royalty's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.233/132.2623*132.2623
=1.233

Current CPI (Mar. 2026) = 132.2623.

Diversified Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.611 102.002 2.089
201609 1.540 101.765 2.002
201612 1.481 101.449 1.931
201703 1.452 102.634 1.871
201706 1.440 103.029 1.849
201709 1.539 103.345 1.970
201712 1.487 103.345 1.903
201803 1.447 105.004 1.823
201806 1.409 105.557 1.765
201809 1.403 105.636 1.757
201812 1.331 105.399 1.670
201903 1.318 106.979 1.629
201906 1.315 107.690 1.615
201909 1.309 107.611 1.609
201912 1.309 107.769 1.606
202003 1.214 107.927 1.488
202006 1.234 108.401 1.506
202009 1.222 108.164 1.494
202012 1.222 108.559 1.489
202103 1.235 110.298 1.481
202106 1.269 111.720 1.502
202109 1.221 112.905 1.430
202112 1.221 113.774 1.419
202203 1.248 117.646 1.403
202206 1.243 120.806 1.361
202209 1.198 120.648 1.313
202212 1.217 120.964 1.331
202303 1.203 122.702 1.297
202306 1.245 124.203 1.326
202309 1.224 125.230 1.293
202312 1.230 125.072 1.301
202403 1.303 126.258 1.365
202406 1.280 127.522 1.328
202409 1.281 127.285 1.331
202412 1.214 127.364 1.261
202503 1.197 129.181 1.226
202506 1.246 129.892 1.269
202509 1.232 130.287 1.251
202512 1.226 130.366 1.244
202603 1.233 132.262 1.233

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.

What does a Cyclically Adjusted PB Ratio of 2.21 mean?
Diversified Royalty (BEVFF) has a Cyclically Adjusted PB Ratio of 2.21 as of Jul. 22, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Diversified Royalty and its competitors. This is 51% above median its historical median of 1.46. Over the past decade, Diversified Royalty's Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.44. According to the industry distribution chart, Diversified Royalty ranks #472 out of 729 companies in the Business Services industry, placing it in the top 64.7%.
Is Diversified Royalty's Cyclically Adjusted PB Ratio too high?
Diversified Royalty's current Cyclically Adjusted PB Ratio of 2.21 is 51% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.44. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Diversified Royalty's value of 2.21 is 41.7% above this industry median. Based on the distribution chart, Diversified Royalty ranks #472 out of 729 companies in the Business Services industry, which is below the industry midpoint. Overall, Diversified Royalty has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Royalty's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Diversified Royalty ranks #472 out of 729 companies for Cyclically Adjusted PB Ratio. This places Diversified Royalty in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Diversified Royalty's value of 2.21 is 41.7% above this benchmark. Historically, Diversified Royalty's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.44 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.56, Diversified Royalty has consistently been above 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 Cyclically Adjusted PB Ratio for a Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diversified Royalty's current Cyclically Adjusted PB Ratio of 2.21 is 41.7% above 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Diversified Royalty and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diversified Royalty's current Cyclically Adjusted PB Ratio is 2.21, which is 51% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Royalty stock overvalued right now?
Based on GuruFocus' analysis, Diversified Royalty (BEVFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.62, compared to a current price of $3.21 — trading 22.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.21, which is 51% above median its 10-year median of 1.46 and 41.7% above the Business Services industry median of 1.56. Diversified Royalty's overall GF Score™ is 85/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Diversified Royalty (BEVFF), the current Cyclically Adjusted PB Ratio is 2.21 as of Jul. 22, 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 Diversified Royalty (BEVFF) Overvalued in 2026?

Based on GuruFocus' analysis, Diversified Royalty stock appears to be overvalued. The current stock price of $3.21 is trading 22.4% above its estimated GF Value™ of $2.62. GuruFocus considers Diversified Royalty to be Modestly Overvalued.

Key valuation signals for BEVFF:

  • Cyclically Adjusted PB Ratio: 2.21 (51% above median its 10-year median of 1.46)
  • GF Value™: $2.62 vs. price of $3.21 (22.4% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 41.7% above the Business Services median (#472 of 729)

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


Diversified Royalty Business Description

Other Exchanges BEW:GermanyDIV:Canada
Address 609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The firm purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
85GF Score

Get the complete analysis for BEVFF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.21
Price
$2.62
GF Value