DPLS (DarkPulse) Cyclically Adjusted PB Ratio: (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is DarkPulse Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


DarkPulse  (OTCPK:DPLS) 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.


DarkPulse Cyclically Adjusted PB Ratio Related Terms


DarkPulse Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DarkPulse'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.

DarkPulse Cyclically Adjusted PB Ratio Chart

DarkPulse 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 0.00 0.00 0.00 0.00

DarkPulse 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 0.00 0.00 0.00 0.00 0.00

DPLS vs GWSO, SATT, SOBR: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, DarkPulse'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.


DarkPulse Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, DarkPulse's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



DarkPulse 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.

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

For example, DarkPulse'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)
=-0.179/330.2130*330.2130
=-0.179

Current CPI (Mar. 2026) = 330.2130.

DarkPulse Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.900 241.018 -1.233
201609 -1.038 241.428 -1.420
201612 -1.030 241.432 -1.409
201703 -0.658 243.801 -0.891
201706 -0.648 244.955 -0.874
201709 -0.786 246.819 -1.052
201712 -1.423 246.524 -1.906
201803 -1.529 249.554 -2.023
201806 0.165 251.989 0.216
201809 -3.136 252.439 -4.102
201812 -4.920 251.233 -6.467
201903 -5.781 254.202 -7.510
201906 -2.311 256.143 -2.979
201909 -0.603 256.759 -0.776
201912 -0.545 256.974 -0.700
202003 -0.543 258.115 -0.695
202006 -0.490 257.797 -0.628
202009 -0.238 260.280 -0.302
202012 -0.192 260.474 -0.243
202103 -0.160 264.877 -0.199
202106 -0.150 271.696 -0.182
202109 0.187 274.310 0.225
202112 0.354 278.802 0.419
202203 0.419 287.504 0.481
202206 0.404 296.311 0.450
202209 0.388 296.808 0.432
202212 -0.076 296.797 -0.085
202303 -0.354 301.836 -0.387
202306 -0.450 305.109 -0.487
202309 -0.435 307.789 -0.467
202312 -0.442 306.746 -0.476
202403 -0.439 312.332 -0.464
202406 -0.456 314.175 -0.479
202409 -0.417 315.301 -0.437
202412 -0.345 315.605 -0.361
202503 -0.302 319.799 -0.312
202506 -0.265 322.561 -0.271
202509 -0.238 324.800 -0.242
202512 -0.228 324.054 -0.232
202603 -0.179 330.213 -0.179

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.


DarkPulse Business Description

Address 2325 E Camelback Road, Suite 400, Phoenix, AZ, USA, 85016
DarkPulse Inc is a technology-security company. The company intends to deliver security and monitoring systems in applications for border security, pipelines, the oil and gas industry, and mine safety. The company's patented process results in low production cost with increased sensing capabilities that easily integrate with existing technology, making upgrades simple and cost-effective. Its technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, ship hull integrity, aircraft components monitoring, and mining safety.