DLNG (Dynagas LNG Partners LP) Cyclically Adjusted PB Ratio: 0.26 (As of Jul. 21, 2026) — Near Median

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DLNG Dynagas LNG Partners LP DLNG
66 GF Score
Price $3.38
GF Value $3.60
Valuation Fairly Valued
! 4 Warning Signs
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What is Dynagas LNG Partners LP Cyclically Adjusted PB Ratio?

Dynagas LNG Partners LP DLNG 66 Cyclically Adjusted PB Ratio is 0.26 as of Jul. 21, 2026, which is 4% below its 10-year median of 0.27. GuruFocus rates DLNG with a GF Scoreâ„¢ of 66/100 and a GF Valueâ„¢ of $3.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 773 Oil & Gas companies, Dynagas LNG Partners LP ranks better than 85.9% on this metric.

As of today (2026-07-21), Dynagas LNG Partners LP's current share price is $3.38. Dynagas LNG Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $12.91. Dynagas LNG Partners LP's Cyclically Adjusted PB Ratio for today is 0.26.

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

DLNG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.27   Max: 0.41
Current: 0.26

During the past years, Dynagas LNG Partners LP's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.18. And the median was 0.27.

DLNG's Cyclically Adjusted PB Ratio is ranked better than
85.9% of 773 companies
in the Oil & Gas industry
Industry Median: 1.2 vs DLNG: 0.26

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.

Dynagas LNG Partners LP's adjusted book value per share data for the three months ended in Mar. 2026 was $13.390. 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 $12.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynagas LNG Partners LP  (NYSE:DLNG) 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.


Dynagas LNG Partners LP Cyclically Adjusted PB Ratio Related Terms


Dynagas LNG Partners LP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dynagas LNG Partners LP'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.

Dynagas LNG Partners LP Cyclically Adjusted PB Ratio Chart

Dynagas LNG Partners LP 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 0.00 0.20 0.21 0.41 0.29

Dynagas LNG Partners LP 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 0.29 0.27 0.27 0.29 0.33

DLNG vs NFE, MMLP, TORO: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Dynagas LNG Partners LP'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.


Dynagas LNG Partners LP Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dynagas LNG Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dynagas LNG Partners LP's Cyclically Adjusted PB Ratio falls into.


DLNG
66GF Score
Dynagas LNG Partners LP DLNG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dynagas LNG Partners LP 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.

Dynagas LNG Partners LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.38/12.91
=0.26

* 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.

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

For example, Dynagas LNG Partners LP'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)
=13.39/124.8200*124.8200
=13.390

Current CPI (Mar. 2026) = 124.8200.

Dynagas LNG Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.972 100.121 22.406
201609 17.999 99.878 22.494
201612 17.939 100.110 22.367
201703 10.257 100.770 12.705
201706 9.640 101.138 11.897
201709 9.282 100.882 11.485
201712 8.969 100.762 11.110
201803 8.635 100.534 10.721
201806 8.347 102.121 10.202
201809 8.030 101.982 9.828
201812 9.199 101.330 11.331
201903 9.098 101.482 11.190
201906 8.980 101.837 11.007
201909 8.765 101.906 10.736
201912 8.839 102.120 10.804
202003 8.954 101.479 11.014
202006 9.054 100.239 11.274
202009 9.230 99.886 11.534
202012 9.449 99.751 11.824
202103 9.729 99.817 12.166
202106 9.755 101.270 12.024
202109 9.984 102.095 12.206
202112 10.366 104.853 12.340
202203 10.936 108.651 12.563
202206 11.160 113.517 12.271
202209 11.282 114.371 12.313
202212 11.519 112.428 12.789
202303 11.702 113.620 12.856
202306 12.015 115.515 12.983
202309 11.974 116.234 12.858
202312 12.180 116.364 13.065
202403 12.410 117.285 13.207
202406 12.614 118.129 13.329
202409 12.934 119.650 13.493
202412 13.193 119.360 13.797
202503 13.442 120.133 13.966
202506 12.205 121.399 12.549
202509 12.635 121.950 12.932
202512 13.007 122.450 13.259
202603 13.390 124.820 13.390

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 0.26 mean?
Dynagas LNG Partners LP (DLNG) has a Cyclically Adjusted PB Ratio of 0.26 as of Jul. 21, 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 Dynagas LNG Partners LP and its competitors. This is near median its historical median of 0.27. Over the past decade, Dynagas LNG Partners LP's Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.41. According to the industry distribution chart, Dynagas LNG Partners LP ranks #109 out of 773 companies in the Oil & Gas industry, placing it in the top 14.1%.
Is Dynagas LNG Partners LP's Cyclically Adjusted PB Ratio too high?
Dynagas LNG Partners LP's current Cyclically Adjusted PB Ratio of 0.26 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.41. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Dynagas LNG Partners LP's value of 0.26 is 78.3% below this industry median. Based on the distribution chart, Dynagas LNG Partners LP ranks #109 out of 773 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Dynagas LNG Partners LP has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dynagas LNG Partners LP's Cyclically Adjusted PB Ratio compare to NFE and MMLP?
According to the Oil & Gas industry distribution chart, Dynagas LNG Partners LP ranks #109 out of 773 companies for Cyclically Adjusted PB Ratio. This places Dynagas LNG Partners LP in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Dynagas LNG Partners LP's value of 0.26 is 78.3% below this benchmark. Historically, Dynagas LNG Partners LP's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 0.41 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 1.20, Dynagas LNG Partners LP 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 773 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. Dynagas LNG Partners LP's current Cyclically Adjusted PB Ratio of 0.26 is 78.3% 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 Dynagas LNG Partners LP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynagas LNG Partners LP's current Cyclically Adjusted PB Ratio is 0.26, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynagas LNG Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Dynagas LNG Partners LP (DLNG) is currently considered Fairly Valued. The stock's GF Value™ is $3.60, compared to a current price of $3.38 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.26, which is near median its 10-year median of 0.27 and 78.3% below the Oil & Gas industry median of 1.20. Dynagas LNG Partners LP's overall GF Score™ is 66/100 with 4 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 Dynagas LNG Partners LP (DLNG), the current Cyclically Adjusted PB Ratio is 0.26 as of Jul. 21, 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 Dynagas LNG Partners LP (DLNG) Overvalued in 2026?

Based on GuruFocus' analysis, Dynagas LNG Partners LP stock appears to be undervalued. The current stock price of $3.38 is trading 6.1% below its estimated GF Value™ of $3.60. GuruFocus considers Dynagas LNG Partners LP to be Fairly Valued.

Key valuation signals for DLNG:

  • Cyclically Adjusted PB Ratio: 0.26 (near median its 10-year median of 0.27)
  • GF Value™: $3.60 vs. price of $3.38 (6.1% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 78.3% below the Oil & Gas median (#109 of 773)

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


Dynagas LNG Partners LP Business Description

Industry EnergyOil & Gas
Other Exchanges DLNGpA.PFD:USA
Address Poseidonos Avenue and Foivis 2 Street, 166 74 Glyfada, Athens, GRC, 98000
Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and is winterized, which enables trade in subzero and ice bound conditions.
66GF Score

Get the complete analysis for DLNG

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

$3.38
Price
$3.60
GF Value