Dynamite Blockchain (HAM:EVB) Cyclically Adjusted PB Ratio: 1.52 (As of Jul. 26, 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.
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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?

Dynamite Blockchain HAM:EVB -10.59% Cyclically Adjusted PB Ratio is 1.52 as of Jul. 26, 2026. The stock has 1 warning sign investors should review. Among 1,587 Software companies, Dynamite Blockchain ranks worse than 59.04% on this metric.

As of today (2026-07-26), Dynamite Blockchain's current share price is €0.0152. Dynamite Blockchain's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €0.01. Dynamite Blockchain's Cyclically Adjusted PB Ratio for today is 1.52.

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

HAM:EVB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.86
Current: 2.86

During the past years, Dynamite Blockchain's highest Cyclically Adjusted PB Ratio was 2.86. The lowest was 0.00. And the median was 0.00.

HAM:EVB's Cyclically Adjusted PB Ratio is ranked worse than
59.04% of 1587 companies
in the Software industry
Industry Median: 2.24 vs HAM:EVB: 2.86

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.

Dynamite Blockchain's adjusted book value per share data for the three months ended in Apr. 2026 was €0.012. 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 €0.01 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynamite Blockchain  (HAM: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

HAM: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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0152/0.01
=1.52

* 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'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.

What does a Cyclically Adjusted PB Ratio of 1.52 mean?
Dynamite Blockchain (HAM:EVB) has a Cyclically Adjusted PB Ratio of 1.52 as of Jul. 26, 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 Dynamite Blockchain and its competitors. According to the industry distribution chart, Dynamite Blockchain ranks #937 out of 1587 companies in the Software industry, placing it in the top 59%.
Is Dynamite Blockchain's Cyclically Adjusted PB Ratio too high?
Dynamite Blockchain's current Cyclically Adjusted PB Ratio is 1.52. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Dynamite Blockchain's value of 1.52 is 32.1% below this industry median. Based on the distribution chart, Dynamite Blockchain ranks #937 out of 1587 companies in the Software industry, which is below the industry midpoint.
How does Dynamite Blockchain's Cyclically Adjusted PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Dynamite Blockchain ranks #937 out of 1587 companies for Cyclically Adjusted PB Ratio. This places Dynamite Blockchain in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Dynamite Blockchain's value of 1.52 is 32.1% below this benchmark. 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,587 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. Dynamite Blockchain's current Cyclically Adjusted PB Ratio of 1.52 is 32.1% 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 Dynamite Blockchain and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dynamite Blockchain's current Cyclically Adjusted PB Ratio is 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynamite Blockchain stock overvalued right now?
Dynamite Blockchain (HAM:EVB) has a current Cyclically Adjusted PB Ratio of 1.52. The current Cyclically Adjusted PB Ratio is 1.52 and 32.1% below the Software industry median of 2.24. 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 Dynamite Blockchain (HAM:EVB), the current Cyclically Adjusted PB Ratio is 1.52 as of Jul. 26, 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.

Dynamite Blockchain Business Description

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.