Doman Building Materials Group (TSX:DBM) Cyclically Adjusted PB Ratio: 1.85 (As of Jul. 19, 2026) — 46% 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.

TSX:DBM Doman Building Materials Group Ltd TSX:DBM
73 GF Score
Price C$11.86
GF Value C$9.40
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Doman Building Materials Group Cyclically Adjusted PB Ratio?

Doman Building Materials Group TSX:DBM +0.25% 73 Cyclically Adjusted PB Ratio is 1.85 as of Jul. 19, 2026, which is 46% above its 10-year median of 1.27. GuruFocus rates TSX:DBM with a GF Score™ of 73/100 and a GF Value™ of C$9.40 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 128 Industrial Distribution companies, Doman Building Materials Group ranks worse than 61.72% on this metric.

As of today (2026-07-19), Doman Building Materials Group's current share price is C$11.86. Doman Building Materials Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$6.41. Doman Building Materials Group's Cyclically Adjusted PB Ratio for today is 1.85.

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

TSX:DBM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.27   Max: 2.24
Current: 1.85

During the past years, Doman Building Materials Group's highest Cyclically Adjusted PB Ratio was 2.24. The lowest was 0.65. And the median was 1.27.

TSX:DBM's Cyclically Adjusted PB Ratio is ranked worse than
61.72% of 128 companies
in the Industrial Distribution industry
Industry Median: 1.29 vs TSX:DBM: 1.85

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.

Doman Building Materials Group's adjusted book value per share data for the three months ended in Mar. 2026 was C$7.597. 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 C$6.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doman Building Materials Group  (TSX:DBM) 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.


Doman Building Materials Group Cyclically Adjusted PB Ratio Related Terms


Doman Building Materials Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Doman Building Materials 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.

Doman Building Materials Group Cyclically Adjusted PB Ratio Chart

Doman Building Materials Group 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 1.65 1.12 1.50 1.45 1.50

Doman Building Materials Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.14 1.42 1.47 1.50 1.50

TSX:DBM vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Doman Building Materials 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.


Doman Building Materials Group Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Doman Building Materials Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Doman Building Materials Group's Cyclically Adjusted PB Ratio falls into.


TSX:DBM
73GF Score
Doman Building Materials Group Ltd TSX:DBM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Doman Building Materials 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.

Doman Building Materials Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.86/6.41
=1.85

* 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.

Doman Building Materials Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Doman Building Materials Group's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.597/132.2623*132.2623
=7.597

Current CPI (Mar. 2026) = 132.2623.

Doman Building Materials Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.463 102.002 5.787
201609 4.747 101.765 6.170
201612 4.558 101.449 5.942
201703 4.528 102.634 5.835
201706 4.522 103.029 5.805
201709 4.516 103.345 5.780
201712 4.639 103.345 5.937
201803 4.650 105.004 5.857
201806 4.749 105.557 5.950
201809 4.681 105.636 5.861
201812 4.671 105.399 5.862
201903 4.474 106.979 5.531
201906 4.380 107.690 5.379
201909 4.347 107.611 5.343
201912 4.222 107.769 5.182
202003 4.286 107.927 5.252
202006 4.189 108.401 5.111
202009 4.408 108.164 5.390
202012 4.370 108.559 5.324
202103 4.632 110.298 5.554
202106 5.640 111.720 6.677
202109 5.773 112.905 6.763
202112 5.741 113.774 6.674
202203 6.000 117.646 6.745
202206 6.303 120.806 6.901
202209 6.709 120.648 7.355
202212 6.535 120.964 7.145
202303 6.559 122.702 7.070
202306 6.603 124.203 7.031
202309 6.860 125.230 7.245
202312 6.679 125.072 7.063
202403 6.891 126.258 7.219
202406 7.021 127.522 7.282
202409 6.933 127.285 7.204
202412 7.511 127.364 7.800
202503 7.613 129.181 7.795
202506 7.125 129.892 7.255
202509 7.453 130.287 7.566
202512 7.234 130.366 7.339
202603 7.597 132.262 7.597

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 1.85 mean?
Doman Building Materials Group (TSX:DBM) has a Cyclically Adjusted PB Ratio of 1.85 as of Jul. 19, 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 Doman Building Materials Group and its competitors. This is 46% above median its historical median of 1.27. Over the past decade, Doman Building Materials Group's Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.24. According to the industry distribution chart, Doman Building Materials Group ranks #79 out of 128 companies in the Industrial Distribution industry, placing it in the top 61.7%.
Is Doman Building Materials Group's Cyclically Adjusted PB Ratio too high?
Doman Building Materials Group's current Cyclically Adjusted PB Ratio of 1.85 is 46% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.24. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.29. Doman Building Materials Group's value of 1.85 is 43.4% above this industry median. Based on the distribution chart, Doman Building Materials Group ranks #79 out of 128 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Doman Building Materials Group has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doman Building Materials Group's Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Doman Building Materials Group ranks #79 out of 128 companies for Cyclically Adjusted PB Ratio. This places Doman Building Materials Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Doman Building Materials Group's value of 1.85 is 43.4% above this benchmark. Historically, Doman Building Materials Group's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 2.24 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.29, Doman Building Materials Group 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.29, based on 128 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. Doman Building Materials Group's current Cyclically Adjusted PB Ratio of 1.85 is 43.4% 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 Doman Building Materials Group and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doman Building Materials Group's current Cyclically Adjusted PB Ratio is 1.85, which is 46% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doman Building Materials Group stock overvalued right now?
Based on GuruFocus' analysis, Doman Building Materials Group (TSX:DBM) is currently considered Modestly Overvalued. The stock's GF Value™ is C$9.40, compared to a current price of C$11.86 — trading 26.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.85, which is 46% above median its 10-year median of 1.27 and 43.4% above the Industrial Distribution industry median of 1.29. Doman Building Materials Group's overall GF Score™ is 73/100 with 11 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 Doman Building Materials Group (TSX:DBM), the current Cyclically Adjusted PB Ratio is 1.85 as of Jul. 19, 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 Doman Building Materials Group (TSX:DBM) Overvalued in 2026?

Based on GuruFocus' analysis, Doman Building Materials Group stock appears to be overvalued. The current stock price of C$11.86 is trading 26.2% above its estimated GF Value™ of C$9.40. GuruFocus considers Doman Building Materials Group to be Modestly Overvalued.

Key valuation signals for TSX:DBM:

  • Cyclically Adjusted PB Ratio: 1.85 (46% above median its 10-year median of 1.27)
  • GF Value™: C$9.40 vs. price of C$11.86 (26.2% above fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 43.4% above the Industrial Distribution median (#79 of 128)

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


Doman Building Materials Group Business Description

Other Exchanges CWXZF:USA2CW:Germany
Address 1100 Melville Street, Suite 1600, PO Box 39, Vancouver, BC, CAN, V6E 4A6
Doman Building Materials Group Ltd operates through its wholly owned subsidiaries, producing and treating lumber and providing other value-add services, as well as distributing various building materials across Canada and in the United States. The company is a national distributor of building materials and related products in Canada, operating multiple divisions with treating plants, planing and specialty facilities, and distribution centers across various cities in Canada and the United States. Geographically, it derives the majority of revenue from the United States.
73GF Score

Get the complete analysis for TSX:DBM

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

C$11.86
Price
C$9.40
GF Value