SBMJF (Dimerix) Cyclically Adjusted PB Ratio: 17.50 (As of Aug. 11, 2026) — 50% Above Median

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.

SBMJF Dimerix Ltd SBMJF
28 GF Score
Price $0.35
! 3 Warning Signs
View Full Analysis

What is Dimerix Cyclically Adjusted PB Ratio?

Dimerix SBMJF 28 Cyclically Adjusted PB Ratio is 17.50 as of Aug. 11, 2026, which is 50% above its 10-year median of 11.65. GuruFocus rates SBMJF with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 692 Biotechnology companies, Dimerix ranks worse than 85.4% on this metric.

As of today (2026-08-11), Dimerix's current share price is $0.35. Dimerix's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was $0.02. Dimerix's Cyclically Adjusted PB Ratio for today is 17.50.

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

SBMJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.5   Med: 11.65   Max: 20
Current: 8.22

During the past 13 years, Dimerix's highest Cyclically Adjusted PB Ratio was 20.00. The lowest was 5.50. And the median was 11.65.

SBMJF's Cyclically Adjusted PB Ratio is ranked worse than
85.4% of 692 companies
in the Biotechnology industry
Industry Median: 1.615 vs SBMJF: 8.22

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.

Dimerix's adjusted book value per share data of for the fiscal year that ended in Jun25 was $0.015. 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 $0.02 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dimerix  (OTCPK:SBMJF) 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.


Dimerix Cyclically Adjusted PB Ratio Related Terms


Dimerix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dimerix'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.

Dimerix Cyclically Adjusted PB Ratio Chart

Dimerix Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 2.10 1.28 11.37 17.18

Dimerix Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 11.37 0.00 17.18 0.00

SBMJF vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Dimerix'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.


Dimerix Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Dimerix's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SBMJF
28GF Score
Dimerix Ltd SBMJF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dimerix 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.

Dimerix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.35/0.02
=17.50

* 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.

Dimerix's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Dimerix's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.015/131.5506*131.5506
=0.015

Current CPI (Jun25) = 131.5506.

Dimerix Annual Data

Book Value per Share CPI Adj_Book
201606 0.021 0.000
201706 0.020 0.000
201806 0.033 0.000
201906 0.018 0.000
202006 0.027 0.000
202106 0.006 0.000
202206 0.031 0.000
202306 0.010 0.000
202406 0.022 0.000
202506 0.015 131.551 0.015

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 17.50 mean?
Dimerix (SBMJF) has a Cyclically Adjusted PB Ratio of 17.50 as of Aug. 11, 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 Dimerix and its competitors. This is 50% above median its historical median of 11.65. Over the past decade, Dimerix's Cyclically Adjusted PB Ratio has ranged from 5.50 to 20.00. According to the industry distribution chart, Dimerix ranks #591 out of 692 companies in the Biotechnology industry, placing it in the top 85.4%.
Is Dimerix's Cyclically Adjusted PB Ratio too high?
Dimerix's current Cyclically Adjusted PB Ratio of 17.50 is 50% above median its 10-year median of 11.65. Over the past 10 years, this metric has ranged from a low of 5.50 to a high of 20.00. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Dimerix's value of 17.50 is 983.6% above this industry median. Based on the distribution chart, Dimerix ranks #591 out of 692 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Dimerix has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Dimerix's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Dimerix ranks #591 out of 692 companies for Cyclically Adjusted PB Ratio. This places Dimerix in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Dimerix's value of 17.50 is 983.6% above this benchmark. Historically, Dimerix's own Cyclically Adjusted PB Ratio has ranged from 5.50 to 20.00 over the past decade. While the company's 10-year median is 11.65 vs. the industry median of 1.62, Dimerix has consistently been above 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 692 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. Dimerix's current Cyclically Adjusted PB Ratio of 17.50 is 983.6% above 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 Dimerix and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dimerix's current Cyclically Adjusted PB Ratio is 17.50, which is 50% above median its own 10-year median of 11.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dimerix stock overvalued right now?
Dimerix (SBMJF) has a current Cyclically Adjusted PB Ratio of 17.50. The current Cyclically Adjusted PB Ratio is 17.50, which is 50% above median its 10-year median of 11.65 and 983.6% above the Biotechnology industry median of 1.62. Dimerix's overall GF Score™ is 28/100 with 3 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 Dimerix (SBMJF), the current Cyclically Adjusted PB Ratio is 17.50 as of Aug. 11, 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.

Dimerix Business Description

Other Exchanges DXB:Australia
Address 425 Smith Street, Fitzroy, VIC, AUS, 3065
Dimerix Ltd is a biopharmaceutical company developing new therapies in areas with unmet medical needs. The company is developing four product candidates: DMX-200 for FSGS; DMX-200 for diabetic kidney disease; DMX-200 for ARDS associated with COVID-19; and DMX-700 for COPD, as well as the proprietary ReceptorHIT assay technology. It pursues new product concepts and applies deep scientific knowledge to the discovery of products from early-stage development through to commercialisation. Dimerix products will target multiple territories. The Group has only operated in one Segment, being investment in research and development of biopharmaceutical drugs.
28GF Score

Get the complete analysis for SBMJF

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

$0.35
Price