Deyaar Development PJSC (DFM:DEYAAR) Cyclically Adjusted PB Ratio: 0.58 (As of Jul. 27, 2026) — 26% Above Median

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Director of Data and Quant Analytics at GuruFocus
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DFM:DEYAAR Deyaar Development PJSC DFM:DEYAAR
82 GF Score
Price د.إ0.75
GF Value د.إ1.26
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Deyaar Development PJSC Cyclically Adjusted PB Ratio?

Deyaar Development PJSC DFM:DEYAAR +2.34% 82 Cyclically Adjusted PB Ratio is 0.58 as of Jul. 27, 2026, which is 26% above its 10-year median of 0.46. GuruFocus rates DFM:DEYAAR with a GF Score™ of 82/100 and a GF Value™ of د.إ1.26 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,426 Real Estate companies, Deyaar Development PJSC ranks better than 57.15% on this metric.

As of today (2026-07-27), Deyaar Development PJSC's current share price is د.إ0.745. Deyaar Development PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was د.إ1.29. Deyaar Development PJSC's Cyclically Adjusted PB Ratio for today is 0.58.

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

DFM:DEYAAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.46   Max: 0.86
Current: 0.56

During the past years, Deyaar Development PJSC's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.01. And the median was 0.46.

DFM:DEYAAR's Cyclically Adjusted PB Ratio is ranked better than
57.15% of 1426 companies
in the Real Estate industry
Industry Median: 0.69 vs DFM:DEYAAR: 0.56

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.

Deyaar Development PJSC's adjusted book value per share data for the three months ended in Mar. 2026 was د.إ1.312. 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 د.إ1.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deyaar Development PJSC  (DFM:DEYAAR) 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.


Deyaar Development PJSC Cyclically Adjusted PB Ratio Related Terms


Deyaar Development PJSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Deyaar Development PJSC'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.

Deyaar Development PJSC Cyclically Adjusted PB Ratio Chart

Deyaar Development PJSC 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 0.56 0.42 0.56 0.74 0.80

Deyaar Development PJSC 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 0.72 0.78 0.78 0.80 0.61

Deyaar Development PJSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Deyaar Development PJSC'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.


Deyaar Development PJSC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Deyaar Development PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DFM:DEYAAR
82GF Score
Deyaar Development PJSC DFM:DEYAAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deyaar Development PJSC 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.

Deyaar Development PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.745/1.29
=0.58

* 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.

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

For example, Deyaar Development PJSC'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)
=1.312/330.2130*330.2130
=1.312

Current CPI (Mar. 2026) = 330.2130.

Deyaar Development PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.090 241.018 1.493
201609 1.103 241.428 1.509
201612 1.114 241.432 1.524
201703 1.121 243.801 1.518
201706 1.128 244.955 1.521
201709 1.136 246.819 1.520
201712 1.142 246.524 1.530
201803 1.001 249.554 1.325
201806 1.006 251.989 1.318
201809 1.014 252.439 1.326
201812 1.023 251.233 1.345
201903 1.026 254.202 1.333
201906 1.030 256.143 1.328
201909 1.034 256.759 1.330
201912 1.037 256.974 1.333
202003 1.036 258.115 1.325
202006 1.037 257.797 1.328
202009 1.038 260.280 1.317
202012 0.985 260.474 1.249
202103 0.989 264.877 1.233
202106 0.990 271.696 1.203
202109 0.992 274.310 1.194
202112 0.997 278.802 1.181
202203 1.002 287.504 1.151
202206 1.012 296.311 1.128
202209 1.020 296.808 1.135
202212 1.029 296.797 1.145
202303 1.042 301.836 1.140
202306 1.056 305.109 1.143
202309 1.083 307.789 1.162
202312 1.129 306.746 1.215
202403 1.145 312.332 1.211
202406 1.131 314.175 1.189
202409 1.163 315.301 1.218
202412 1.197 315.605 1.252
202503 1.222 319.799 1.262
202506 1.205 322.561 1.234
202509 1.240 324.800 1.261
202512 1.286 324.054 1.310
202603 1.312 330.213 1.312

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 0.58 mean?
Deyaar Development PJSC (DFM:DEYAAR) has a Cyclically Adjusted PB Ratio of 0.58 as of Jul. 27, 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 Deyaar Development PJSC and its competitors. This is 26% above median its historical median of 0.46. Over the past decade, Deyaar Development PJSC's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.86. According to the industry distribution chart, Deyaar Development PJSC ranks #611 out of 1426 companies in the Real Estate industry, placing it in the top 42.8%.
Is Deyaar Development PJSC's Cyclically Adjusted PB Ratio too high?
Deyaar Development PJSC's current Cyclically Adjusted PB Ratio of 0.58 is 26% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.86. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Deyaar Development PJSC's value of 0.58 is 15.9% below this industry median. Based on the distribution chart, Deyaar Development PJSC ranks #611 out of 1426 companies in the Real Estate industry, which is above the industry midpoint. Overall, Deyaar Development PJSC has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deyaar Development PJSC's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Deyaar Development PJSC ranks #611 out of 1426 companies for Cyclically Adjusted PB Ratio. This puts Deyaar Development PJSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Deyaar Development PJSC's value of 0.58 is 15.9% below this benchmark. Historically, Deyaar Development PJSC's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.86 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.69, Deyaar Development PJSC 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,426 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. Deyaar Development PJSC's current Cyclically Adjusted PB Ratio of 0.58 is 15.9% 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 Deyaar Development PJSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deyaar Development PJSC's current Cyclically Adjusted PB Ratio is 0.58, which is 26% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deyaar Development PJSC stock overvalued right now?
Based on GuruFocus' analysis, Deyaar Development PJSC (DFM:DEYAAR) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ1.26, compared to a current price of د.إ0.75 — trading 40.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is 26% above median its 10-year median of 0.46 and 15.9% below the Real Estate industry median of 0.69. Deyaar Development PJSC's overall GF Score™ is 82/100 with 3 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 Deyaar Development PJSC (DFM:DEYAAR), the current Cyclically Adjusted PB Ratio is 0.58 as of Jul. 27, 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 Deyaar Development PJSC (DFM:DEYAAR) Overvalued in 2026?

Based on GuruFocus' analysis, Deyaar Development PJSC stock appears to be undervalued. The current stock price of د.إ0.75 is trading 40.9% below its estimated GF Value™ of د.إ1.26. GuruFocus considers Deyaar Development PJSC to be Significantly Undervalued.

Key valuation signals for DFM:DEYAAR:

  • Cyclically Adjusted PB Ratio: 0.58 (26% above median its 10-year median of 0.46)
  • GF Value™: د.إ1.26 vs. price of د.إ0.75 (40.9% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 15.9% below the Real Estate median (#611 of 1426)

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


Deyaar Development PJSC Business Description

Address Deyaar Building, Level 5, P.O. Box 30833, Besides Mall of the Emirates, Al Barsha, Dubai, ARE
Deyaar Development PJSC is a real estate development company in Dubai. It has projects in Business Bay, Dubai Marina, Al Barsha, Jumeirah Lake Towers, Dubai Production City, and Dubai Silicon Oasis among other locations. The company's projects include residential tower developments, commercial tower developments, and hospitality developments. The company's business operations are divided into three segments: Property Development, Properties and Facilities Management, and Hospitality related activities. The Property Development segment develops residential, commercial, and retail space for sale and lease. The Property Development segment is responsible for generating the majority of the company's revenue.
82GF Score

Get the complete analysis for DFM:DEYAAR

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

د.إ0.75
Price
د.إ1.26
GF Value