DIC (DICCF) Cyclically Adjusted PB Ratio: 0.92 (As of Jul. 11, 2026) — 12% Below Median


DICCF DIC Corp DICCF
71 GF Score
Price $23.39
GF Value $14.91
! 7 Warning Signs
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What is DIC Cyclically Adjusted PB Ratio?

DIC DICCF 71 Cyclically Adjusted PB Ratio is 0.92 as of Jul. 11, 2026, which is 12% below its 10-year median of 1.05. GuruFocus rates DICCF with a GF Score™ of 71/100 and a GF Value™ of $14.91. The stock has 7 warning signs investors should review. Among 1,284 Chemicals companies, DIC ranks better than 62.62% on this metric.

As of today (2026-07-11), DIC's current share price is $23.39. DIC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $25.42. DIC's Cyclically Adjusted PB Ratio for today is 0.92.

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

DICCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.05   Max: 2.18
Current: 1.21

During the past years, DIC's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.69. And the median was 1.05.

DICCF's Cyclically Adjusted PB Ratio is ranked better than
62.62% of 1284 companies
in the Chemicals industry
Industry Median: 1.78 vs DICCF: 1.21

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.

DIC's adjusted book value per share data for the three months ended in Dec. 2025 was $31.898. 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 $25.42 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


DIC  (OTCPK:DICCF) 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.


DIC Cyclically Adjusted PB Ratio Related Terms


DIC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DIC'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.

DIC Cyclically Adjusted PB Ratio Chart

DIC 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 1.05 0.74 0.80 0.90 0.92

DIC 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 0.80 0.75 0.94 0.92 0.00

DICCF vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, DIC'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.


DIC Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, DIC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DICCF
71GF Score
DIC Corp DICCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DIC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.39/25.42
=0.92

* 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.

DIC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, DIC's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=31.898/113.0000*113.0000
=31.898

Current CPI (Dec. 2025) = 113.0000.

DIC Quarterly Data

Book Value per Share CPI Adj_Book
201603 23.803 97.900 27.474
201606 24.443 98.100 28.156
201609 30.831 98.000 35.550
201612 25.329 98.400 29.087
201703 25.692 98.100 29.594
201706 27.323 98.500 31.345
201709 28.898 98.800 33.051
201712 29.481 99.400 33.515
201803 30.281 99.200 34.493
201806 29.650 99.200 33.775
201809 29.265 99.900 33.103
201812 28.147 99.700 31.902
201903 28.358 99.700 32.141
201906 29.197 99.800 33.059
201909 28.890 100.100 32.613
201912 30.287 100.500 34.054
202003 29.442 100.300 33.170
202006 30.398 99.900 34.384
202009 30.647 99.900 34.666
202012 32.419 99.300 36.892
202103 33.107 99.900 37.448
202106 33.631 99.500 38.194
202109 33.220 100.100 37.501
202112 32.105 100.100 36.242
202203 32.684 101.100 36.531
202206 32.081 101.800 35.611
202209 30.426 103.100 33.348
202212 30.305 104.100 32.896
202303 30.611 104.400 33.133
202306 31.400 105.200 33.728
202309 29.903 106.200 31.818
202312 26.703 106.800 28.253
202403 26.703 107.200 28.148
202406 27.471 108.200 28.690
202409 27.010 108.900 28.027
202412 27.564 110.700 28.137
202503 27.593 111.100 28.065
202506 28.957 111.700 29.294
202509 29.323 112.000 29.585
202512 31.898 113.000 31.898

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 0.92 mean?
DIC (DICCF) has a Cyclically Adjusted PB Ratio of 0.92 as of Jul. 11, 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 DIC and its competitors. This is 12% below median its historical median of 1.05. Over the past decade, DIC's Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.18. According to the industry distribution chart, DIC ranks #480 out of 1284 companies in the Chemicals industry, placing it in the top 37.4%.
Is DIC's Cyclically Adjusted PB Ratio too high?
DIC's current Cyclically Adjusted PB Ratio of 0.92 is 12% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.18. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.78. DIC's value of 0.92 is 48.3% below this industry median. Based on the distribution chart, DIC ranks #480 out of 1284 companies in the Chemicals industry, which is above the industry midpoint. Overall, DIC has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does DIC's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, DIC ranks #480 out of 1284 companies for Cyclically Adjusted PB Ratio. This puts DIC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. DIC's value of 0.92 is 48.3% below this benchmark. Historically, DIC's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 2.18 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.78, DIC 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.78, based on 1,284 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. DIC's current Cyclically Adjusted PB Ratio of 0.92 is 48.3% 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 DIC and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIC's current Cyclically Adjusted PB Ratio is 0.92, which is 12% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIC stock overvalued right now?
DIC (DICCF) has a current Cyclically Adjusted PB Ratio of 0.92. The stock's GF Value™ is $14.91, compared to a current price of $23.39 — trading 56.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 12% below median its 10-year median of 1.05 and 48.3% below the Chemicals industry median of 1.78. DIC's overall GF Score™ is 71/100 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 DIC (DICCF), the current Cyclically Adjusted PB Ratio is 0.92 as of Jul. 11, 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 DIC (DICCF) Overvalued in 2026?

Based on GuruFocus' analysis, DIC stock appears to be overvalued. The current stock price of $23.39 is trading 56.9% above its estimated GF Value™ of $14.91.

Key valuation signals for DICCF:

  • Cyclically Adjusted PB Ratio: 0.92 (12% below median its 10-year median of 1.05)
  • GF Value™: $14.91 vs. price of $23.39 (56.9% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 48.3% below the Chemicals median (#480 of 1284)

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


DIC Business Description

Other Exchanges 4631:Japan
Address 7-20, Nihonbashi 3-chome, DIC Building, Chuo-ku, Tokyo, JPN, 103-8233
DIC Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. Packaging & Graphic segment, this segment includes printing and packaging materials. The second segment- Color & display Color Materials which included Pigments for paints, pigments for plastics, pigments for inks, specialty pigments, pigments for color filters, pigments for cosmetics, healthcare foods and third segment-Functional Products including Performance, Composite and Chemitronics materials.
71GF Score

Get the complete analysis for DICCF

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

$23.39
Price
$14.91
GF Value