DIALF (Dialight) Cyclically Adjusted PB Ratio: 1.45 (As of Jul. 08, 2026) — Near Median


DIALF Dialight PLC DIALF
51 GF Score
Price $4.90
GF Value $2.01
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Dialight Cyclically Adjusted PB Ratio?

Dialight DIALF -9.51% 51 Cyclically Adjusted PB Ratio is 1.45 as of Jul. 08, 2026, which is 9% above its 10-year median of 1.33. GuruFocus rates DIALF with a GF Score™ of 51/100 and a GF Value™ of $2.01 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,295 Industrial Products companies, Dialight ranks better than 57.04% on this metric.

As of today (2026-07-08), Dialight's current share price is $4.90. Dialight's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was $3.37. Dialight's Cyclically Adjusted PB Ratio for today is 1.45.

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

DIALF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.33   Max: 5.94
Current: 1.91

During the past 13 years, Dialight's highest Cyclically Adjusted PB Ratio was 5.94. The lowest was 0.36. And the median was 1.33.

DIALF's Cyclically Adjusted PB Ratio is ranked better than
57.04% of 2295 companies
in the Industrial Products industry
Industry Median: 2.29 vs DIALF: 1.91

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.

Dialight's adjusted book value per share data of for the fiscal year that ended in Mar26 was $1.166. 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 $3.37 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dialight  (OTCPK:DIALF) 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.


Dialight Cyclically Adjusted PB Ratio Related Terms


Dialight Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dialight'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.

Dialight Cyclically Adjusted PB Ratio Chart

Dialight Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.22 0.58 0.49 1.22

Dialight Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Sep24 Mar25 Sep25 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 0.58 0.00 0.49 0.00 1.22

DIALF vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Dialight'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.


Dialight Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dialight's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DIALF
51GF Score
Dialight PLC DIALF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dialight 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.90/3.37
=1.45

* 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.

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

For example, Dialight'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)
=1.166/140.8000*140.8000
=1.166

Current CPI (Mar26) = 140.8000.

Dialight Annual Data

Book Value per Share CPI Adj_Book
201612 2.930 102.200 4.037
201712 3.150 105.000 4.224
201812 3.303 107.100 4.342
201912 2.720 108.500 3.530
202012 2.381 109.400 3.064
202112 2.472 114.700 3.035
202212 2.513 125.300 2.824
202312 2.097 130.500 2.263
202503 1.179 136.100 1.220
202603 1.166 140.800 1.166

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 1.45 mean?
Dialight (DIALF) has a Cyclically Adjusted PB Ratio of 1.45 as of Jul. 08, 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 Dialight and its competitors. This is near median its historical median of 1.33. Over the past decade, Dialight's Cyclically Adjusted PB Ratio has ranged from 0.36 to 5.94. According to the industry distribution chart, Dialight ranks #986 out of 2295 companies in the Industrial Products industry, placing it in the top 43%.
Is Dialight's Cyclically Adjusted PB Ratio too high?
Dialight's current Cyclically Adjusted PB Ratio of 1.45 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 5.94. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.29. Dialight's value of 1.45 is 36.7% below this industry median. Based on the distribution chart, Dialight ranks #986 out of 2295 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Dialight has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dialight's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Dialight ranks #986 out of 2295 companies for Cyclically Adjusted PB Ratio. This puts Dialight in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.29. Dialight's value of 1.45 is 36.7% below this benchmark. Historically, Dialight's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 5.94 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 2.29, Dialight 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.29, based on 2,295 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. Dialight's current Cyclically Adjusted PB Ratio of 1.45 is 36.7% 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 Dialight and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dialight's current Cyclically Adjusted PB Ratio is 1.45, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dialight stock overvalued right now?
Based on GuruFocus' analysis, Dialight (DIALF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.01, compared to a current price of $4.90 — trading 143.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is near median its 10-year median of 1.33 and 36.7% below the Industrial Products industry median of 2.29. Dialight's overall GF Score™ is 51/100 with 7 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 Dialight (DIALF), the current Cyclically Adjusted PB Ratio is 1.45 as of Jul. 08, 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 Dialight (DIALF) Overvalued in 2026?

Based on GuruFocus' analysis, Dialight stock appears to be overvalued. The current stock price of $4.90 is trading 143.8% above its estimated GF Value™ of $2.01. GuruFocus considers Dialight to be Significantly Overvalued.

Key valuation signals for DIALF:

  • Cyclically Adjusted PB Ratio: 1.45 (near median its 10-year median of 1.33)
  • GF Value™: $2.01 vs. price of $4.90 (143.8% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 36.7% below the Industrial Products median (#986 of 2295)

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


Dialight Business Description

Other Exchanges DIAl:UKDIA:UK3HQ:Germany
Address 60 Petty France, London, GBR, SW1H 9EU
Dialight PLC manufactures and sells light-emitting diode (LED) lighting fixtures for use in hazardous and industrial locations. It provides lighting products to customers in industrial sectors including steel foundries, pulp and paper mills, automotive manufacturers, utility, and wastewater plants, and food and beverage processing plants. In addition, it provides specialist lighting products for hazardous industrial sites, including the oil and gas and mining sectors. Its segments are Lighting, Signals, and Components. The majority of the revenue is derived from the sale of LED lighting solutions and anti-collision obstruction lighting. Geographically it derives the majority of its revenue from North America.
51GF Score

Get the complete analysis for DIALF

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

$4.90
Price
$2.01
GF Value