DFIFF (DFR Gold) Cyclically Adjusted PB Ratio: (As of Sep. 17, 2026)

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Director of Data and Quant Analytics at GuruFocus
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DFIFF DFR Gold Inc DFIFF
20 GF Score
Price $0.15
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What is DFR Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


DFR Gold  (OTCPK:DFIFF) 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.


DFR Gold Cyclically Adjusted PB Ratio Related Terms


DFR Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DFR Gold'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.

DFR Gold Cyclically Adjusted PB Ratio Chart

DFR Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

DFR Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00

DFIFF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, DFR Gold'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.


DFR Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


DFIFF
20GF Score
DFR Gold Inc DFIFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DFR Gold 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.

DFR Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, DFR Gold's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.027/333.9520*333.9520
=-0.027

Current CPI (Jun. 2026) = 333.9520.

DFR Gold Quarterly Data

Book Value per Share CPI Adj_Book
201512 -0.035 236.525 -0.049
201603 -0.021 238.132 -0.029
201606 -0.025 241.018 -0.035
201609 -0.012 241.428 -0.017
201612 -0.015 241.432 -0.021
201703 -0.018 243.801 -0.025
201706 -0.041 244.955 -0.056
201709 -0.045 246.819 -0.061
201712 -0.025 246.524 -0.034
201803 -0.029 249.554 -0.039
201809 0.011 252.439 0.015
201812 0.006 251.233 0.008
201903 0.014 254.202 0.018
201906 0.009 256.143 0.012
202003 0.004 258.115 0.005
202006 -0.006 257.797 -0.008
202009 -0.004 260.280 -0.005
202012 -0.008 260.474 -0.010
202103 -0.041 264.877 -0.052
202106 -0.025 271.696 -0.031
202109 0.002 274.310 0.002
202112 -0.001 278.802 -0.001
202203 -0.007 287.504 -0.008
202206 0.014 296.311 0.016
202209 0.009 296.808 0.010
202212 0.007 296.797 0.008
202303 0.002 301.836 0.002
202306 -0.006 305.109 -0.007
202309 -0.009 307.789 -0.010
202312 -0.011 306.746 -0.012
202403 -0.004 312.332 -0.004
202406 -0.009 314.175 -0.010
202409 -0.010 315.301 -0.011
202412 -0.012 315.605 -0.013
202503 -0.013 319.799 -0.014
202506 -0.017 322.561 -0.018
202509 -0.017 324.800 -0.017
202512 -0.022 324.054 -0.023
202603 -0.024 330.213 -0.024
202606 -0.027 333.952 -0.027

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.


DFR Gold Business Description

Other Exchanges I13:GermanyDFR:Canada
Address Le Mahe, Lot 223, Beau Vallon, MUS, 50810
DFR Gold Inc is a mineral exploration company engaged in the exploration and evaluation of mineral properties. The company's projects include the Cascades Project in Burkina Faso, the Beravina Zircon Project in Madagascar, and the Gurara Gold Project in Nigeria. It operates in geographic regions including Madagascar, Burkina Faso, and Nigeria, along with holding entities.
20GF 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.

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