Dine Brands Global (FRA:IHP) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:IHP Dine Brands Global Inc FRA:IHP
76 GF Score
Price €24.20
GF Value €35.24
! 3 Warning Signs
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What is Dine Brands Global Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dine Brands Global  (FRA:IHP) 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.


Dine Brands Global Cyclically Adjusted PB Ratio Related Terms


Dine Brands Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dine Brands Global'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.

Dine Brands Global Cyclically Adjusted PB Ratio Chart

Dine Brands Global 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 100.32 - - - -

Dine Brands Global 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 - - - - -

FRA:IHP vs NATH, LOCO, PTLO: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Dine Brands Global'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.


Dine Brands Global Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Dine Brands Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:IHP
76GF Score
Dine Brands Global Inc FRA:IHP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dine Brands Global 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.

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

For example, Dine Brands Global'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)
=-20.156/333.9520*333.9520
=-20.156

Current CPI (Jun. 2026) = 333.9520.

Dine Brands Global Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.617 241.428 17.452
201612 13.336 241.432 18.447
201703 12.757 243.801 17.474
201706 12.260 244.955 16.714
201709 -10.185 246.819 -13.781
201712 -9.976 246.524 -13.514
201803 -9.840 249.554 -13.168
201806 -10.741 251.989 -14.235
201809 -10.355 252.439 -13.699
201812 -10.028 251.233 -13.330
201903 -9.628 254.202 -12.649
201906 -10.949 256.143 -14.275
201909 -13.102 256.759 -17.041
201912 -13.037 256.974 -16.942
202003 -13.119 258.115 -16.974
202006 -19.988 257.797 -25.893
202009 -18.511 260.280 -23.751
202012 -17.618 260.474 -22.588
202103 -15.754 264.877 -19.862
202106 -13.880 271.696 -17.060
202109 -12.743 274.310 -15.514
202112 -12.440 278.802 -14.901
202203 -14.232 287.504 -16.531
202206 -18.658 296.311 -21.028
202209 -19.631 296.808 -22.088
202212 -18.085 296.797 -20.349
202303 -16.952 301.836 -18.756
202306 -16.523 305.109 -18.085
202309 -16.695 307.789 -18.114
202312 -14.806 306.746 -16.119
202403 -14.668 312.332 -15.683
202406 -14.131 314.175 -15.021
202409 -12.711 315.301 -13.463
202412 -13.659 315.605 -14.453
202503 -12.774 319.799 -13.339
202506 -11.773 322.561 -12.189
202509 -13.695 324.800 -14.081
202512 -17.500 324.054 -18.035
202603 -19.402 330.213 -19.622
202606 -20.156 333.952 -20.156

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.

Is Dine Brands Global (FRA:IHP) Overvalued in 2026?

Based on GuruFocus' analysis, Dine Brands Global stock appears to be undervalued. The current stock price of €24.20 is trading 31.3% below its estimated GF Value™ of €35.24.

Key valuation signals for FRA:IHP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €35.24 vs. price of €24.20 (31.3% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Dine Brands Global Business Description

Other Exchanges DIN:USA
Address 10 West Walnut Street, 5th Floor, Pasadena, CA, USA, 91103
Dine Brands Global Inc owns and franchises thousands of restaurants under the International House of Pancakes (IHOP), Applebee's Neighborhood Grill + Bar (Applebee's), and the Fuzzy's Taco Shop (Fuzzy's) names. The company conducts its business through three reportable segments: Franchise, Company-owned restaurants, and Rental. The majority of its revenue is generated from the Franchise segment, which consists of IHOP, Applebee's, and Fuzzy's franchise operations and generates revenue mainly from royalties and advertising fees from several IHOP, Applebee's, and Fuzzy's franchised restaurants, in addition to revenues from the sale of proprietary IHOP and Fuzzy's products to its franchisees. Geographically, the majority of the company's revenues is generated from its domestic market.
76GF Score

Get the complete analysis for FRA:IHP

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

€24.20
Price
€35.24
GF Value