DVDDF (Dividend 15 Split II) Cyclically Adjusted PB Ratio: 1.36 (As of Jul. 05, 2026) — 55% Above Median


DVDDF Dividend 15 Split Corp II DVDDF
38 GF Score
Price $5.98
! 6 Warning Signs
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What is Dividend 15 Split II Cyclically Adjusted PB Ratio?

Dividend 15 Split II DVDDF 38 Cyclically Adjusted PB Ratio is 1.36 as of Jul. 05, 2026, which is 55% above its 10-year median of 0.88. GuruFocus rates DVDDF with a GF Score™ of 38/100. The stock has 6 warning signs investors should review. Among 1,004 Asset Management companies, Dividend 15 Split II ranks worse than 77.09% on this metric.

As of today (2026-07-05), Dividend 15 Split II's current share price is $5.98. Dividend 15 Split II's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 was $4.39. Dividend 15 Split II's Cyclically Adjusted PB Ratio for today is 1.36.

The historical rank and industry rank for Dividend 15 Split II's Cyclically Adjusted PB Ratio or its related term are showing as below:

DVDDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.88   Max: 1.5
Current: 1.47

During the past 13 years, Dividend 15 Split II's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.36. And the median was 0.88.

DVDDF's Cyclically Adjusted PB Ratio is ranked worse than
77.09% of 1004 companies
in the Asset Management industry
Industry Median: 0.86 vs DVDDF: 1.47

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.

Dividend 15 Split II's adjusted book value per share data of for the fiscal year that ended in Nov25 was $5.431. 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 $4.39 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dividend 15 Split II  (OTCPK:DVDDF) 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.


Dividend 15 Split II Cyclically Adjusted PB Ratio Related Terms


Dividend 15 Split II Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dividend 15 Split II'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.

Dividend 15 Split II Cyclically Adjusted PB Ratio Chart

Dividend 15 Split II Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.79 0.57 1.13 1.17

Dividend 15 Split II Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.57 0.00 1.13 0.00 1.17

DVDDF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Dividend 15 Split II'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.


Dividend 15 Split II Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split II's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split II's Cyclically Adjusted PB Ratio falls into.


DVDDF
38GF Score
Dividend 15 Split Corp II DVDDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dividend 15 Split II 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.

Dividend 15 Split II's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.98/4.39
=1.36

* 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.

Dividend 15 Split II's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Dividend 15 Split II's adjusted Book Value per Share data for the fiscal year that ended in Nov25 was:

Adj_Book=Book Value per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=5.431/130.6800*130.6800
=5.431

Current CPI (Nov25) = 130.6800.

Dividend 15 Split II Annual Data

Book Value per Share CPI Adj_Book
201611 4.216 101.607 5.422
201711 4.403 103.740 5.546
201811 3.226 105.478 3.997
201911 3.996 107.769 4.846
202011 2.547 108.796 3.059
202111 4.217 113.932 4.837
202211 3.469 121.675 3.726
202311 2.829 125.468 2.947
202411 5.468 127.838 5.590
202511 5.431 130.680 5.431

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 1.36 mean?
Dividend 15 Split II (DVDDF) has a Cyclically Adjusted PB Ratio of 1.36 as of Jul. 05, 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 Dividend 15 Split II and its competitors. This is 55% above median its historical median of 0.88. Over the past decade, Dividend 15 Split II's Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.50. According to the industry distribution chart, Dividend 15 Split II ranks #774 out of 1004 companies in the Asset Management industry, placing it in the top 77.1%.
Is Dividend 15 Split II's Cyclically Adjusted PB Ratio too high?
Dividend 15 Split II's current Cyclically Adjusted PB Ratio of 1.36 is 55% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.50. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. Dividend 15 Split II's value of 1.36 is 58.1% above this industry median. Based on the distribution chart, Dividend 15 Split II ranks #774 out of 1004 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Dividend 15 Split II has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Dividend 15 Split II's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend 15 Split II ranks #774 out of 1004 companies for Cyclically Adjusted PB Ratio. This places Dividend 15 Split II in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.86. Dividend 15 Split II's value of 1.36 is 58.1% above this benchmark. Historically, Dividend 15 Split II's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.50 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.86, Dividend 15 Split II 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 1,004 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. Dividend 15 Split II's current Cyclically Adjusted PB Ratio of 1.36 is 58.1% 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 Dividend 15 Split II and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dividend 15 Split II's current Cyclically Adjusted PB Ratio is 1.36, which is 55% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend 15 Split II stock overvalued right now?
Dividend 15 Split II (DVDDF) has a current Cyclically Adjusted PB Ratio of 1.36. The current Cyclically Adjusted PB Ratio is 1.36, which is 55% above median its 10-year median of 0.88 and 58.1% above the Asset Management industry median of 0.86. Dividend 15 Split II's overall GF Score™ is 38/100 with 6 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 Dividend 15 Split II (DVDDF), the current Cyclically Adjusted PB Ratio is 1.36 as of Jul. 05, 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.

Dividend 15 Split II Business Description

Other Exchanges DF.PR.A.PFD:CanadaDF:Canada
Address 200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp II is an investment corporation designed to pay monthly cash dividends. The Company classifies its investments, including derivatives, based on both the Company's business model for managing those financial assets and the contractual cash flow characteristics of the financial assets. The Company offers two types of shares: Preferred shares and Class A shares.
38GF Score

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

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