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Delegat GroupNZSE:DGL -0.24%82 Cyclically Adjusted PB Ratio is 0.83 as of Jul. 22, 2026, which is 75% below its 10-year median of 3.29. GuruFocus rates NZSE:DGL with a GF Score™ of 82/100 and a GF Value™ of NZ$5.16 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 170 Beverages - Alcoholic companies, Delegat Group ranks better than 70% on this metric.
The historical rank and industry rank for Delegat Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
NZSE:DGL'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 3.29 Max: 5.34
Current: 0.86
During the past 13 years, Delegat Group's highest Cyclically Adjusted PB Ratio was 5.34. The lowest was 0.72. And the median was 3.29.
NZSE:DGL's Cyclically Adjusted PB Ratio is ranked better than 70% of 170
companies
in the Beverages - Alcoholic industry
Industry Median: 1.545
vs NZSE:DGL: 0.86
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.
Delegat Group's adjusted book value per share data of for the fiscal year that ended in Jun25 was NZ$5.796. 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 NZ$5.03 for the trailing ten years ended in Jun25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Delegat Group (NZSE:DGL) 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.
Delegat Group Cyclically Adjusted PB Ratio Related Terms
Delegat Group Cyclically Adjusted PB Ratio Historical Data
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The historical data trend for Delegat Group'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.
NZSE:DGL vs BF.B: Cyclically Adjusted PB Ratio Comparison
For the Beverages - Wineries & Distilleries subindustry, Delegat Group'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.
Delegat Group Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Delegat Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Delegat Group's Cyclically Adjusted PB Ratio falls into.
Delegat Group 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.
Delegat Group's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.83 mean?
Delegat Group (NZSE:DGL) has a Cyclically Adjusted PB Ratio of 0.83 as of Jul. 22, 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 Delegat Group and its competitors. This is 75% below median its historical median of 3.29. Over the past decade, Delegat Group's Cyclically Adjusted PB Ratio has ranged from 0.72 to 5.34. According to the industry distribution chart, Delegat Group ranks #51 out of 170 companies in the Beverages - Alcoholic industry, placing it in the top 30%.
Is Delegat Group's Cyclically Adjusted PB Ratio too high?
Delegat Group's current Cyclically Adjusted PB Ratio of 0.83 is 75% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 5.34. The Beverages - Alcoholic industry median Cyclically Adjusted PB Ratio is 1.55. Delegat Group's value of 0.83 is 46.3% below this industry median. Based on the distribution chart, Delegat Group ranks #51 out of 170 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Delegat Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Delegat Group's Cyclically Adjusted PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Delegat Group ranks #51 out of 170 companies for Cyclically Adjusted PB Ratio. This puts Delegat Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Delegat Group's value of 0.83 is 46.3% below this benchmark. Historically, Delegat Group's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 5.34 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 1.55, Delegat Group 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Alcoholic companies is 1.55, based on 170 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. Delegat Group's current Cyclically Adjusted PB Ratio of 0.83 is 46.3% 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 Delegat Group and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delegat Group's current Cyclically Adjusted PB Ratio is 0.83, which is 75% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delegat Group stock overvalued right now?
Based on GuruFocus' analysis, Delegat Group (NZSE:DGL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$5.16, compared to a current price of NZ$4.15 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.83, which is 75% below median its 10-year median of 3.29 and 46.3% below the Beverages - Alcoholic industry median of 1.55. Delegat Group's overall GF Score™ is 82/100 with 7 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 Delegat Group (NZSE:DGL), the current Cyclically Adjusted PB Ratio is 0.83 as of Jul. 22, 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 Delegat Group (NZSE:DGL) Overvalued in 2026?
Based on GuruFocus' analysis, Delegat Group stock appears to be undervalued.
The current stock price of NZ$4.15 is trading 19.6% below its estimated GF Value™ of NZ$5.16.
GuruFocus considers Delegat Group to be Modestly Undervalued.
Key valuation signals for NZSE:DGL:
Cyclically Adjusted PB Ratio: 0.83 (75% below median its 10-year median of 3.29)
GF Value™: NZ$5.16 vs. price of NZ$4.15 (19.6% below fair value)
Industry Position: 46.3% below the Beverages - Alcoholic median (#51 of 170)
No single metric tells the full story. See the NZSE:DGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delegat Group Ltd is a wine production and distribution company. It markets its products under the Oyster Bay and Barossa Valley Estate brands. The group's primary source of revenue is derived by providing wine to third-party retailers and distributors. Its segments are Delegat Limited, Delegat Australia Pty Ltd, Delegat Europe Limited, Delegat USA, Inc and Others. The group generates the majority of the revenue from Delegat Limited. Geographically, it operates in Australia, United States of America, New Zealand and Others.
82GF Score
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