DVVDF (Dividend Select 15) Cyclically Adjusted PB Ratio: 0.77 (As of Jul. 12, 2026) — Near Median


DVVDF Dividend Select 15 Corp DVVDF
36 GF Score
Price $5.16
! 6 Warning Signs
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What is Dividend Select 15 Cyclically Adjusted PB Ratio?

Dividend Select 15 DVVDF 36 Cyclically Adjusted PB Ratio is 0.77 as of Jul. 12, 2026, which is at its 10-year median of 0.77. GuruFocus rates DVVDF with a GF Score™ of 36/100. The stock has 6 warning signs investors should review. Among 1,002 Asset Management companies, Dividend Select 15 ranks worse than 55.89% on this metric.

As of today (2026-07-12), Dividend Select 15's current share price is $5.1644. Dividend Select 15's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 was $6.67. Dividend Select 15's Cyclically Adjusted PB Ratio for today is 0.77.

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

DVVDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.77   Max: 1.09
Current: 0.95

During the past 13 years, Dividend Select 15's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.61. And the median was 0.77.

DVVDF's Cyclically Adjusted PB Ratio is ranked worse than
55.89% of 1002 companies
in the Asset Management industry
Industry Median: 0.85 vs DVVDF: 0.95

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 Select 15's adjusted book value per share data of for the fiscal year that ended in Nov25 was $5.327. 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 $6.67 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dividend Select 15  (OTCPK:DVVDF) 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 Select 15 Cyclically Adjusted PB Ratio Related Terms


Dividend Select 15 Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dividend Select 15'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 Select 15 Cyclically Adjusted PB Ratio Chart

Dividend Select 15 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 1.07 0.82 0.66 0.79 0.77

Dividend Select 15 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 0.66 0.00 0.79 0.00 0.77

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

For the Asset Management subindustry, Dividend Select 15'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 Select 15 Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


DVVDF
36GF Score
Dividend Select 15 Corp DVVDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dividend Select 15 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 Select 15's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.1644/6.67
=0.77

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

For example, Dividend Select 15'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)
=5.327/130.6821*130.6821
=5.327

Current CPI (Nov25) = 130.6821.

Dividend Select 15 Annual Data

Book Value per Share CPI Adj_Book
201611 6.464 101.607 8.314
201711 6.657 103.740 8.386
201811 5.570 105.478 6.901
201911 5.748 107.769 6.970
202011 4.974 108.796 5.975
202111 6.033 113.932 6.920
202211 5.278 121.675 5.669
202311 4.574 125.468 4.764
202411 5.044 127.838 5.156
202511 5.327 130.682 5.327

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 0.77 mean?
Dividend Select 15 (DVVDF) has a Cyclically Adjusted PB Ratio of 0.77 as of Jul. 12, 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 Select 15 and its competitors. This is near median its historical median of 0.77. Over the past decade, Dividend Select 15's Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.09. According to the industry distribution chart, Dividend Select 15 ranks #560 out of 1002 companies in the Asset Management industry, placing it in the top 55.9%.
Is Dividend Select 15's Cyclically Adjusted PB Ratio too high?
Dividend Select 15's current Cyclically Adjusted PB Ratio of 0.77 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.09. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Dividend Select 15's value of 0.77 is 9.4% below this industry median. Based on the distribution chart, Dividend Select 15 ranks #560 out of 1002 companies in the Asset Management industry, which is below the industry midpoint. Overall, Dividend Select 15 has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Dividend Select 15's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend Select 15 ranks #560 out of 1002 companies for Cyclically Adjusted PB Ratio. This places Dividend Select 15 in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Dividend Select 15's value of 0.77 is 9.4% below this benchmark. Historically, Dividend Select 15's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.09 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.85, Dividend Select 15 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,002 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 Select 15's current Cyclically Adjusted PB Ratio of 0.77 is 9.4% 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 Dividend Select 15 and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dividend Select 15's current Cyclically Adjusted PB Ratio is 0.77, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Select 15 stock overvalued right now?
Dividend Select 15 (DVVDF) has a current Cyclically Adjusted PB Ratio of 0.77. The current Cyclically Adjusted PB Ratio is 0.77, which is near median its 10-year median of 0.77 and 9.4% below the Asset Management industry median of 0.85. Dividend Select 15's overall GF Score™ is 36/100 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 Select 15 (DVVDF), the current Cyclically Adjusted PB Ratio is 0.77 as of Jul. 12, 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 Select 15 Business Description

Other Exchanges DS:Canada
Address 200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend Select 15 Corp is a mutual fund corporation based in Canada. Its investment objective is to provide equity shareholders with monthly cash distributions, currently targeted to be at a rate of 10 percent annualized based on the volume-weighted average market price of the Equity shares for the last three trading days of the preceding month; and the opportunity for capital appreciation. The company invests in an actively managed portfolio of common shares of fifteen core large-capitalization, Canadian companies selected from a portfolio universe of over twenty companies. It employs an active covered call writing program to enhance the income earned from the portfolio.
36GF 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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