Dynamite Blockchain (FRA:EVB) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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 Dynamite Blockchain Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynamite Blockchain  (FRA:EVB) 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.


Dynamite Blockchain Cyclically Adjusted PB Ratio Related Terms


Dynamite Blockchain Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dynamite Blockchain'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.

Dynamite Blockchain Cyclically Adjusted PB Ratio Chart

Dynamite Blockchain Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 7.39 14.55

Dynamite Blockchain Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.37 8.57 14.94 14.55 5.14

FRA:EVB vs MSFT, ORCL, PLTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Dynamite Blockchain'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.


Dynamite Blockchain Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Dynamite Blockchain's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dynamite Blockchain 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.

Dynamite Blockchain's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.012/132.7364*132.7364
=0.012

Current CPI (Apr. 2026) = 132.7364.

Dynamite Blockchain Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.167 101.844 -0.218
201610 -0.235 102.002 -0.306
201701 -0.389 102.318 -0.505
201704 -0.435 103.029 -0.560
201707 -0.431 103.029 -0.555
201710 -0.474 103.424 -0.608
201801 0.670 104.056 0.855
201804 0.633 105.320 0.798
201807 0.755 106.110 0.944
201810 -0.042 105.952 -0.053
201901 -0.067 105.557 -0.084
201904 -0.097 107.453 -0.120
201907 -0.121 108.243 -0.148
201910 -0.143 107.927 -0.176
202001 -0.165 108.085 -0.203
202004 -0.025 107.216 -0.031
202007 -0.021 108.401 -0.026
202010 -0.017 108.638 -0.021
202101 -0.025 109.192 -0.030
202104 0.036 110.851 0.043
202107 0.030 112.431 0.035
202110 0.127 113.695 0.148
202201 0.121 114.801 0.140
202204 0.120 118.357 0.135
202207 0.119 120.964 0.131
202210 0.115 121.517 0.126
202301 0.029 121.596 0.032
202304 0.027 123.571 0.029
202307 0.082 124.914 0.087
202310 0.081 125.310 0.086
202401 0.019 125.072 0.020
202404 0.018 126.890 0.019
202407 0.017 128.075 0.018
202410 0.016 127.838 0.017
202501 -0.005 127.443 -0.005
202504 -0.006 129.102 -0.006
202507 0.028 130.290 0.029
202510 0.058 130.603 0.059
202601 0.012 130.366 0.012
202604 0.012 132.736 0.012

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.


Dynamite Blockchain Business Description

Other Exchanges CRYBF:USAKAS:Canada
Address 2400-1055 West Georgia Street, Vancouver, BC, CAN, V6E 3P3
Dynamite Blockchain Corp is a blockchain technology and infrastructure company focused on building shareholder value through its Blockchain Ecosystem, which comprises of three primary divisions: Holdings, Products and Services. The Holdings division is a component of the company's broader blockchain ecosystem and focuses on the acquisition, management and evaluation of selected digital assets and utility-based tokens. Its Holdings Division consists of four digital assets: Kaspa (KAS), Masters of Trivia (MOT), mPWR, and Kasya. The Products Division develops and acquires products that will be compatible with the digital assets in the Holdings Division. It plans to build out its Services Division by rolling out offerings built on Kaspa Secure's technology.