DPMLF (DPM Metals) Cyclically Adjusted PB Ratio: 6.43 (As of Jul. 22, 2026) — 398% Above Median

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DPMLF DPM Metals Inc DPMLF
63 GF Score
Price $36.40
GF Value $19.71
Valuation Significantly Overvalued
! 2 Warning Signs
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What is DPM Metals Cyclically Adjusted PB Ratio?

DPM Metals DPMLF +1.48% 63 Cyclically Adjusted PB Ratio is 6.43 as of Jul. 22, 2026, which is 398% above its 10-year median of 1.29. GuruFocus rates DPMLF with a GF Score™ of 63/100 and a GF Value™ of $19.71 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,542 Metals & Mining companies, DPM Metals ranks worse than 85.99% on this metric.

As of today (2026-07-22), DPM Metals's current share price is $36.40. DPM Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.66. DPM Metals's Cyclically Adjusted PB Ratio for today is 6.43.

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

DPMLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.29   Max: 7.82
Current: 6.42

During the past years, DPM Metals's highest Cyclically Adjusted PB Ratio was 7.82. The lowest was 0.32. And the median was 1.29.

DPMLF's Cyclically Adjusted PB Ratio is ranked worse than
85.99% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.395 vs DPMLF: 6.42

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.

DPM Metals's adjusted book value per share data for the three months ended in Mar. 2026 was $12.217. 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 $5.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DPM Metals  (OTCPK:DPMLF) 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.


DPM Metals Cyclically Adjusted PB Ratio Related Terms


DPM Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DPM Metals'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.

DPM Metals Cyclically Adjusted PB Ratio Chart

DPM Metals 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 1.31 1.03 1.29 1.89 5.62

DPM Metals 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 2.70 3.05 4.20 5.62 6.21

DPMLF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, DPM Metals'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.


DPM Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DPM Metals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DPMLF
63GF Score
DPM Metals Inc DPMLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DPM Metals 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.

DPM Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.40/5.66
=6.43

* 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.

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

For example, DPM Metals'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)
=12.217/132.2623*132.2623
=12.217

Current CPI (Mar. 2026) = 132.2623.

DPM Metals Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.562 102.002 5.915
201609 4.166 101.765 5.415
201612 3.436 101.449 4.480
201703 3.281 102.634 4.228
201706 3.428 103.029 4.401
201709 3.467 103.345 4.437
201712 3.508 103.345 4.490
201803 3.487 105.004 4.392
201806 3.485 105.557 4.367
201809 3.562 105.636 4.460
201812 3.540 105.399 4.442
201903 3.535 106.979 4.370
201906 3.646 107.690 4.478
201909 3.706 107.611 4.555
201912 3.249 107.769 3.987
202003 3.224 107.927 3.951
202006 3.659 108.401 4.464
202009 3.997 108.164 4.887
202012 4.403 108.559 5.364
202103 4.254 110.298 5.101
202106 4.761 111.720 5.636
202109 5.014 112.905 5.874
202112 5.247 113.774 6.100
202203 5.368 117.646 6.035
202206 5.403 120.806 5.915
202209 5.020 120.648 5.503
202212 5.227 120.964 5.715
202303 5.469 122.702 5.895
202306 5.736 124.203 6.108
202309 5.874 125.230 6.204
202312 6.176 125.072 6.531
202403 6.400 126.258 6.704
202406 6.681 127.522 6.929
202409 6.841 127.285 7.109
202412 7.282 127.364 7.562
202503 7.263 129.181 7.436
202506 7.624 129.892 7.763
202509 10.922 130.287 11.088
202512 11.587 130.366 11.756
202603 12.217 132.262 12.217

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 6.43 mean?
DPM Metals (DPMLF) has a Cyclically Adjusted PB Ratio of 6.43 as of Jul. 22, 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 DPM Metals and its competitors. This is 398% above median its historical median of 1.29. Over the past decade, DPM Metals' Cyclically Adjusted PB Ratio has ranged from 0.32 to 7.82. According to the industry distribution chart, DPM Metals ranks #1326 out of 1542 companies in the Metals & Mining industry, placing it in the top 86%.
Is DPM Metals' Cyclically Adjusted PB Ratio too high?
DPM Metals' current Cyclically Adjusted PB Ratio of 6.43 is 398% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 7.82. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. DPM Metals' value of 6.43 is 360.9% above this industry median. Based on the distribution chart, DPM Metals ranks #1326 out of 1542 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, DPM Metals has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DPM Metals' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DPM Metals ranks #1326 out of 1542 companies for Cyclically Adjusted PB Ratio. This places DPM Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. DPM Metals' value of 6.43 is 360.9% above this benchmark. Historically, DPM Metals' own Cyclically Adjusted PB Ratio has ranged from 0.32 to 7.82 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.40, DPM Metals has consistently been above 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,542 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. DPM Metals's current Cyclically Adjusted PB Ratio of 6.43 is 360.9% above 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 DPM Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DPM Metals's current Cyclically Adjusted PB Ratio is 6.43, which is 398% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DPM Metals stock overvalued right now?
Based on GuruFocus' analysis, DPM Metals (DPMLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.71, compared to a current price of $36.40 — trading 84.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.43, which is 398% above median its 10-year median of 1.29 and 360.9% above the Metals & Mining industry median of 1.40. DPM Metals' overall GF Score™ is 63/100 with 2 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 DPM Metals (DPMLF), the current Cyclically Adjusted PB Ratio is 6.43 as of Jul. 22, 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 DPM Metals (DPMLF) Overvalued in 2026?

Based on GuruFocus' analysis, DPM Metals stock appears to be overvalued. The current stock price of $36.40 is trading 84.7% above its estimated GF Value™ of $19.71. GuruFocus considers DPM Metals to be Significantly Overvalued.

Key valuation signals for DPMLF:

  • Cyclically Adjusted PB Ratio: 6.43 (398% above median its 10-year median of 1.29)
  • GF Value™: $19.71 vs. price of $36.40 (84.7% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 360.9% above the Metals & Mining median (#1326 of 1542)

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


DPM Metals Business Description

Address 150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
DPM Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company's projects include are located in Bulgaria, Ecuador, Serbia and Bosnia.
63GF Score

Get the complete analysis for DPMLF

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

$36.40
Price
$19.71
GF Value