Dynatrace (BSP:D2TC34) Cyclically Adjusted PB Ratio: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:D2TC34 Dynatrace Inc BSP:D2TC34
66 GF Score
Price R$28.80
GF Value R$44.73
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dynatrace Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynatrace  (BSP:D2TC34) 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.


Dynatrace Cyclically Adjusted PB Ratio Related Terms


Dynatrace Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dynatrace'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.

Dynatrace Cyclically Adjusted PB Ratio Chart

Dynatrace Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 7.82

Dynatrace 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 0.00 0.00 0.00 0.00 7.82

BSP:D2TC34 vs U, TYL, PTC: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Dynatrace'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.


Dynatrace Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Dynatrace's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:D2TC34
66GF Score
Dynatrace Inc BSP:D2TC34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dynatrace 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.

Dynatrace's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Dynatrace's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=46.348/330.2130*330.2130
=46.348

Current CPI (Mar26) = 330.2130.

Dynatrace Annual Data

Book Value per Share CPI Adj_Book
201703 0.000 243.801 0.000
201803 -3.130 249.554 -4.142
201903 -5.325 254.202 -6.917
202003 16.801 258.115 21.494
202103 22.164 264.877 27.631
202203 22.693 287.504 26.064
202303 28.784 301.836 31.490
202403 33.798 312.332 35.733
202503 50.341 319.799 51.980
202603 46.348 330.213 46.348

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.

Is Dynatrace (BSP:D2TC34) Overvalued in 2026?

Based on GuruFocus' analysis, Dynatrace stock appears to be undervalued. The current stock price of R$28.80 is trading 35.6% below its estimated GF Value™ of R$44.73. GuruFocus considers Dynatrace to be Significantly Undervalued.

Key valuation signals for BSP:D2TC34:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$44.73 vs. price of R$28.80 (35.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the BSP:D2TC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dynatrace Business Description

Address 280 Congress Street, 11th Floor, Boston, MA, USA, 02210
Dynatrace is a software-as-a-service company that enables customers to monitor and analyze their information technology infrastructure, from servers to applications and Python scripts. Dynatrace's unified platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to optimize their business for service-level objectives and ensure uptime.
66GF Score

Get the complete analysis for BSP:D2TC34

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

R$28.80
Price
R$44.73
GF Value