DTII (Defense Technologies International) Cyclically Adjusted PB Ratio: (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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 Defense Technologies International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Defense Technologies International  (OTCPK:DTII) 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.


Defense Technologies International Cyclically Adjusted PB Ratio Related Terms


Defense Technologies International Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Defense Technologies International'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.

Defense Technologies International Cyclically Adjusted PB Ratio Chart

Defense Technologies International Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
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

Defense Technologies International Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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

DTII vs IWAL, AGSS, SUGP: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Defense Technologies International'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.


Defense Technologies International Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Defense Technologies International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Defense Technologies International 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.

Defense Technologies International's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Defense Technologies International's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=-0.064/325.2520*325.2520
=-0.064

Current CPI (Jan. 2026) = 325.2520.

Defense Technologies International Quarterly Data

Book Value per Share CPI Adj_Book
201604 0.000 239.261 0.000
201607 0.000 240.628 0.000
201610 0.000 241.729 0.000
201701 0.000 242.839 0.000
201704 0.000 244.524 0.000
201707 0.000 244.786 0.000
201710 0.000 246.663 0.000
201801 0.000 247.867 0.000
201804 -1,556.667 250.546 -2,020.823
201807 -854.000 252.006 -1,102.217
201810 -550.429 252.885 -707.943
201901 -862.875 251.712 -1,114.972
201904 -377.800 255.548 -480.850
201907 -265.364 256.571 -336.399
201910 -222.923 257.346 -281.746
202001 -197.824 257.971 -249.418
202004 -234.889 256.389 -297.977
202007 -97.872 259.101 -122.860
202010 -42.784 260.388 -53.442
202101 -52.505 261.582 -65.285
202104 -22.278 267.054 -27.133
202107 -18.945 273.003 -22.571
202110 -14.471 276.589 -17.017
202201 -10.695 281.148 -12.373
202204 -7.924 289.109 -8.915
202207 -3.120 296.276 -3.425
202210 -2.429 298.012 -2.651
202301 -1.562 299.170 -1.698
202304 -0.899 303.363 -0.964
202307 -0.617 305.691 -0.656
202310 -0.488 307.671 -0.516
202401 -0.212 308.417 -0.224
202404 -0.210 313.548 -0.218
202407 -0.058 314.540 -0.060
202410 -0.033 315.664 -0.034
202501 -0.034 317.671 -0.035
202504 -0.050 320.795 -0.051
202507 -0.054 323.048 -0.054
202510 -0.055 0.000
202601 -0.064 325.252 -0.064

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.


Defense Technologies International Business Description

Address 2683 Via De La Valle, Suite G418, Del Mar, CA, USA, 92014
Defense Technologies International Corp is a United States-based company providing solutions for risks and threats. The company, through its subsidiary, has developed the Passive Portal, a passive scanning technology for detecting and identifying concealed threats to be used for the security of schools and other public venues. The group holds the license to manufacture and sell the Passive Scanning Technology. Its first products are: Passive Portal, Passive Portal EBT, and Passive EBT Station.