Dundee (FRA:1DUA) Cyclically Adjusted PB Ratio: 0.42 (As of Sep. 14, 2026) — 500% Above Median

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FRA:1DUA Dundee Corp FRA:1DUA
59 GF Score
Price €3.20
GF Value €2.17
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Dundee Cyclically Adjusted PB Ratio?

Dundee FRA:1DUA -4.19% 59 Cyclically Adjusted PB Ratio is 0.42 as of Sep. 14, 2026, which is 500% above its 10-year median of 0.07. GuruFocus rates FRA:1DUA with a GF Score™ of 59/100 and a GF Value™ of €2.17 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,501 Metals & Mining companies, Dundee ranks better than 78.15% on this metric.

As of today (2026-09-14), Dundee's current share price is €3.20. Dundee's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €7.53. Dundee's Cyclically Adjusted PB Ratio for today is 0.42.

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

FRA:1DUA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.44
Current: 0.42

During the past years, Dundee's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.03. And the median was 0.07.

FRA:1DUA's Cyclically Adjusted PB Ratio is ranked better than
78.15% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.53 vs FRA:1DUA: 0.42

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.

Dundee's adjusted book value per share data for the three months ended in Jun. 2026 was €3.912. 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 €7.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dundee  (FRA:1DUA) 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.


Dundee Cyclically Adjusted PB Ratio Related Terms


Dundee Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dundee'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.

Dundee Cyclically Adjusted PB Ratio Chart

Dundee 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 0.06 0.07 0.05 0.10 0.30

Dundee Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.20 0.33 0.30 0.31 0.27

FRA:1DUA vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Dundee'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.


Dundee Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:1DUA
59GF Score
Dundee Corp FRA:1DUA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dundee 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.

Dundee's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.20/7.53
=0.42

* 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.

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

For example, Dundee's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.912/133.5265*133.5265
=3.912

Current CPI (Jun. 2026) = 133.5265.

Dundee Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.901 101.765 12.991
201612 8.862 101.449 11.664
201703 9.151 102.634 11.905
201706 8.403 103.029 10.890
201709 7.992 103.345 10.326
201712 6.858 103.345 8.861
201803 118.496 105.004 150.683
201806 5.988 105.557 7.575
201809 4.908 105.636 6.204
201812 4.494 105.399 5.693
201903 4.701 106.979 5.868
201906 3.009 107.690 3.731
201909 2.910 107.611 3.611
201912 2.927 107.769 3.627
202003 1.770 107.927 2.190
202006 2.102 108.401 2.589
202009 2.159 108.164 2.665
202012 2.353 108.559 2.894
202103 2.546 110.298 3.082
202106 2.405 111.720 2.874
202109 2.097 112.905 2.480
202112 2.025 113.774 2.377
202203 2.358 117.646 2.676
202206 2.045 120.806 2.260
202209 2.137 120.648 2.365
202212 2.178 120.964 2.404
202303 2.095 122.702 2.280
202306 2.127 124.203 2.287
202309 1.927 125.230 2.055
202312 1.878 125.072 2.005
202403 1.925 126.258 2.036
202406 2.203 127.522 2.307
202409 2.167 127.285 2.273
202412 2.128 127.364 2.231
202503 2.226 129.181 2.301
202506 2.328 129.892 2.393
202509 2.886 130.287 2.958
202512 4.165 130.366 4.266
202603 4.200 132.262 4.240
202606 3.912 133.527 3.912

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 0.42 mean?
Dundee (FRA:1DUA) has a Cyclically Adjusted PB Ratio of 0.42 as of Sep. 14, 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 Dundee and its competitors. This is 500% above median its historical median of 0.07. Over the past decade, Dundee's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.44. According to the industry distribution chart, Dundee ranks #328 out of 1501 companies in the Metals & Mining industry, placing it in the top 21.9%.
Is Dundee's Cyclically Adjusted PB Ratio too high?
Dundee's current Cyclically Adjusted PB Ratio of 0.42 is 500% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.44. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.53. Dundee's value of 0.42 is 72.5% below this industry median. Based on the distribution chart, Dundee ranks #328 out of 1501 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Dundee has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dundee's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Dundee ranks #328 out of 1501 companies for Cyclically Adjusted PB Ratio. This places Dundee in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. Dundee's value of 0.42 is 72.5% below this benchmark. Historically, Dundee's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.44 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.53, Dundee 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.53, based on 1,501 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. Dundee's current Cyclically Adjusted PB Ratio of 0.42 is 72.5% 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 Dundee and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dundee's current Cyclically Adjusted PB Ratio is 0.42, which is 500% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dundee stock overvalued right now?
Based on GuruFocus' analysis, Dundee (FRA:1DUA) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.17, compared to a current price of €3.20 — trading 47.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 500% above median its 10-year median of 0.07 and 72.5% below the Metals & Mining industry median of 1.53. Dundee's overall GF Score™ is 59/100 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 Dundee (FRA:1DUA), the current Cyclically Adjusted PB Ratio is 0.42 as of Sep. 14, 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 Dundee (FRA:1DUA) Overvalued in 2026?

Based on GuruFocus' analysis, Dundee stock appears to be overvalued. The current stock price of €3.20 is trading 47.5% above its estimated GF Value™ of €2.17. GuruFocus considers Dundee to be Significantly Overvalued.

Key valuation signals for FRA:1DUA:

  • Cyclically Adjusted PB Ratio: 0.42 (500% above median its 10-year median of 0.07)
  • GF Value™: €2.17 vs. price of €3.20 (47.5% above fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 72.5% below the Metals & Mining median (#328 of 1501)

No single metric tells the full story. See the FRA:1DUA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dundee Business Description

Other Exchanges DDEJF:USADC.A:Canada
Address 80 Richmond Street West, Suite 2000, Corporate Legal, Toronto, ON, CAN, M5H 2A4
Dundee Corp is a public Canadian mining focused holding company. The Corporation is engaged in acquiring mineral resource assets. The company acts as a active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than thirty years of experience making accretive mining investments. The company's reporting segments consist of mining investments, mining services, corporate, and others.
59GF Score

Get the complete analysis for FRA:1DUA

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

€3.20
Price
€2.17
GF Value