Djurslands Bank AS (OCSE:DJUR) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.

OCSE:DJUR Djurslands Bank AS OCSE:DJUR
50 GF Score
Price kr1,095.00
GF Value kr689.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Djurslands Bank AS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Djurslands Bank AS  (OCSE:DJUR) 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.


Djurslands Bank AS Cyclically Adjusted PB Ratio Related Terms


Djurslands Bank AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Djurslands Bank AS'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.

Djurslands Bank AS Cyclically Adjusted PB Ratio Chart

Djurslands Bank AS 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 0.87 0.81 0.96 1.11 1.67

Djurslands Bank AS 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 1.27 1.39 1.74 1.71 1.75

Djurslands Bank AS Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Djurslands Bank AS'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.


Djurslands Bank AS Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Djurslands Bank AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OCSE:DJUR
50GF Score
Djurslands Bank AS OCSE:DJUR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Djurslands Bank AS 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.

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

For example, Djurslands Bank AS'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)
=741.563/122.9500*122.9500
=741.563

Current CPI (Jun. 2026) = 122.9500.

Djurslands Bank AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 340.050 100.200 417.257
201612 348.839 100.300 427.615
201703 352.327 101.200 428.049
201706 362.940 101.200 440.943
201709 371.989 101.800 449.274
201712 379.608 101.300 460.738
201803 372.656 101.700 450.522
201806 384.470 102.300 462.078
201809 389.568 102.400 467.748
201812 390.289 102.100 469.991
201903 393.617 102.900 470.313
201906 408.337 102.900 487.901
201909 422.674 102.900 505.032
201912 425.028 102.900 507.844
202003 413.992 103.300 492.743
202006 422.410 103.200 503.249
202009 429.159 103.500 509.808
202012 436.385 103.400 518.893
202103 440.683 104.300 519.482
202106 453.759 105.000 531.330
202109 465.712 105.800 541.203
202112 480.019 106.600 553.643
202203 481.960 109.900 539.190
202206 487.437 113.600 527.556
202209 502.331 116.400 530.598
202212 520.202 115.900 551.845
202303 530.585 117.300 556.142
202306 549.438 116.400 580.356
202309 577.404 117.400 604.700
202312 599.199 116.700 631.290
202403 592.819 118.400 615.600
202406 614.011 118.500 637.069
202409 639.883 118.900 661.679
202412 661.182 118.900 683.703
202503 652.971 120.200 667.910
202506 670.008 120.700 682.498
202509 701.281 121.600 709.067
202512 725.318 121.180 735.912
202603 725.162 121.670 732.791
202606 741.563 122.950 741.563

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 Djurslands Bank AS (OCSE:DJUR) Overvalued in 2026?

Based on GuruFocus' analysis, Djurslands Bank AS stock appears to be overvalued. The current stock price of kr1,095.00 is trading 58.7% above its estimated GF Value™ of kr689.95. GuruFocus considers Djurslands Bank AS to be Significantly Overvalued.

Key valuation signals for OCSE:DJUR:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr689.95 vs. price of kr1,095.00 (58.7% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Djurslands Bank AS Business Description

Other Exchanges 0J8I:UK
Address Torvet 5, Grenaa, DNK, 8500
Djurslands Bank AS provides banking products and financial services to private customers, small and medium sized enterprises as well as to public institutions. It product and service offerings include loans, mortgage, pension funds, and insurance. It also provide consultation services for private and professional banking.
50GF Score

Get the complete analysis for OCSE:DJUR

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

kr1,095.00
Price
kr689.95
GF Value