DDEJF (Dundee) Cyclically Adjusted PB Ratio: 0.32 (As of Aug. 12, 2026) — 357% Above Median

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DDEJF Dundee Corp DDEJF
53 GF Score
Price $2.94
GF Value $1.67
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Dundee Cyclically Adjusted PB Ratio?

Dundee DDEJF +4.25% 53 Cyclically Adjusted PB Ratio is 0.32 as of Aug. 12, 2026, which is 357% above its 10-year median of 0.07. GuruFocus rates DDEJF with a GF Score™ of 53/100 and a GF Value™ of $1.67 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,526 Metals & Mining companies, Dundee ranks better than 82.44% on this metric.

As of today (2026-08-12), Dundee's current share price is $2.943. Dundee's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.08. Dundee's Cyclically Adjusted PB Ratio for today is 0.32.

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

DDEJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.38
Current: 0.3

During the past years, Dundee's highest Cyclically Adjusted PB Ratio was 0.38. The lowest was 0.03. And the median was 0.07.

DDEJF's Cyclically Adjusted PB Ratio is ranked better than
82.44% of 1526 companies
in the Metals & Mining industry
Industry Median: 1.55 vs DDEJF: 0.30

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.

Dundee's adjusted book value per share data for the three months ended in Mar. 2026 was $4.855. 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 $9.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dundee  (OTCPK:DDEJF) 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.


Dundee Cyclically Adjusted PB Ratio Related Terms


Dundee Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dundee'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.

Dundee Cyclically Adjusted PB Ratio Chart

Dundee 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 0.06 0.07 0.05 0.10 0.30

Dundee 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 0.16 0.20 0.33 0.30 0.31

DDEJF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Dundee'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.


Dundee Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dundee's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DDEJF
53GF Score
Dundee Corp DDEJF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dundee 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.

Dundee's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.943/9.08
=0.32

* 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.

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

For example, Dundee'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)
=4.855/132.2623*132.2623
=4.855

Current CPI (Mar. 2026) = 132.2623.

Dundee Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.888 102.002 15.415
201609 11.112 101.765 14.442
201612 9.348 101.449 12.187
201703 9.788 102.634 12.614
201706 9.442 103.029 12.121
201709 9.525 103.345 12.190
201712 8.116 103.345 10.387
201803 146.112 105.004 184.042
201806 6.996 105.557 8.766
201809 5.727 105.636 7.171
201812 5.112 105.399 6.415
201903 5.312 106.979 6.567
201906 3.400 107.690 4.176
201909 3.205 107.611 3.939
201912 3.253 107.769 3.992
202003 1.956 107.927 2.397
202006 2.367 108.401 2.888
202009 2.543 108.164 3.110
202012 2.862 108.559 3.487
202103 3.031 110.298 3.635
202106 2.898 111.720 3.431
202109 2.467 112.905 2.890
202112 2.288 113.774 2.660
202203 2.597 117.646 2.920
202206 2.162 120.806 2.367
202209 2.116 120.648 2.320
202212 2.307 120.964 2.522
202303 2.243 122.702 2.418
202306 2.304 124.203 2.453
202309 2.056 125.230 2.171
202312 2.048 125.072 2.166
202403 2.093 126.258 2.193
202406 2.371 127.522 2.459
202409 2.405 127.285 2.499
202412 2.228 127.364 2.314
202503 2.406 129.181 2.463
202506 2.685 129.892 2.734
202509 3.387 130.287 3.438
202512 4.877 130.366 4.948
202603 4.855 132.262 4.855

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 0.32 mean?
Dundee (DDEJF) has a Cyclically Adjusted PB Ratio of 0.32 as of Aug. 12, 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 Dundee and its competitors. This is 357% above median its historical median of 0.07. Over the past decade, Dundee's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.38. According to the industry distribution chart, Dundee ranks #268 out of 1526 companies in the Metals & Mining industry, placing it in the top 17.6%.
Is Dundee's Cyclically Adjusted PB Ratio too high?
Dundee's current Cyclically Adjusted PB Ratio of 0.32 is 357% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.38. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.55. Dundee's value of 0.32 is 79.4% below this industry median. Based on the distribution chart, Dundee ranks #268 out of 1526 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Dundee has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dundee's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Dundee ranks #268 out of 1526 companies for Cyclically Adjusted PB Ratio. This places Dundee in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.55. Dundee's value of 0.32 is 79.4% below this benchmark. Historically, Dundee's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.38 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.55, Dundee has consistently been below 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.55, based on 1,526 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. Dundee's current Cyclically Adjusted PB Ratio of 0.32 is 79.4% below 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 Dundee and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dundee's current Cyclically Adjusted PB Ratio is 0.32, which is 357% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dundee stock overvalued right now?
Based on GuruFocus' analysis, Dundee (DDEJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.67, compared to a current price of $2.94 — trading 76.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 357% above median its 10-year median of 0.07 and 79.4% below the Metals & Mining industry median of 1.55. Dundee's overall GF Score™ is 53/100 with 5 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 Dundee (DDEJF), the current Cyclically Adjusted PB Ratio is 0.32 as of Aug. 12, 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 Dundee (DDEJF) Overvalued in 2026?

Based on GuruFocus' analysis, Dundee stock appears to be overvalued. The current stock price of $2.94 is trading 76.2% above its estimated GF Value™ of $1.67. GuruFocus considers Dundee to be Significantly Overvalued.

Key valuation signals for DDEJF:

  • Cyclically Adjusted PB Ratio: 0.32 (357% above median its 10-year median of 0.07)
  • GF Value™: $1.67 vs. price of $2.94 (76.2% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 79.4% below the Metals & Mining median (#268 of 1526)

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


Dundee Business Description

Other Exchanges 1DUA:GermanyDC.A:Canada
Address 80 Richmond Street West, Suite 2000, Corporate Legal, Toronto, ON, CAN, M5H 2A4
Dundee Corp is a public Canadian mining focused holding company. The Corporation is engaged in acquiring mineral resource assets. The company acts as a active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than thirty years of experience making accretive mining investments. The company's reporting segments consist of mining investments, mining services, corporate, and others.
53GF Score

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

$2.94
Price
$1.67
GF Value