Dubai Investments PJSC (DFM:DIC) Cyclically Adjusted PS Ratio: 4.57 (As of Jul. 09, 2026) — 46% Above Median


DFM:DIC Dubai Investments PJSC DFM:DIC
60 GF Score
Price د.إ3.70
GF Value د.إ2.71
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Dubai Investments PJSC Cyclically Adjusted PS Ratio?

Dubai Investments PJSC DFM:DIC -2.63% 60 Cyclically Adjusted PS Ratio is 4.57 as of Jul. 09, 2026, which is 46% above its 10-year median of 3.12. GuruFocus rates DFM:DIC with a GF Score™ of 60/100 and a GF Value™ of د.إ2.71 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,358 Real Estate companies, Dubai Investments PJSC ranks worse than 73.78% on this metric.

As of today (2026-07-09), Dubai Investments PJSC's current share price is د.إ3.70. Dubai Investments PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was د.إ0.81. Dubai Investments PJSC's Cyclically Adjusted PS Ratio for today is 4.57.

The historical rank and industry rank for Dubai Investments PJSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

DFM:DIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.12   Max: 5.28
Current: 4.69

During the past years, Dubai Investments PJSC's highest Cyclically Adjusted PS Ratio was 5.28. The lowest was 1.76. And the median was 3.12.

DFM:DIC's Cyclically Adjusted PS Ratio is ranked worse than
73.78% of 1358 companies
in the Real Estate industry
Industry Median: 1.835 vs DFM:DIC: 4.69

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Dubai Investments PJSC's adjusted revenue per share data for the three months ended in Mar. 2026 was د.إ0.188. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is د.إ0.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dubai Investments PJSC  (DFM:DIC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Dubai Investments PJSC Cyclically Adjusted PS Ratio Related Terms


Dubai Investments PJSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dubai Investments PJSC's Cyclically Adjusted PS 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.

Dubai Investments PJSC Cyclically Adjusted PS Ratio Chart

Dubai Investments PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 3.12 3.22 2.85 4.53

Dubai Investments PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 3.09 3.29 3.84 4.53 4.68

Dubai Investments PJSC Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Dubai Investments PJSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Dubai Investments PJSC Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dubai Investments PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dubai Investments PJSC's Cyclically Adjusted PS Ratio falls into.


DFM:DIC
60GF Score
Dubai Investments PJSC DFM:DIC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dubai Investments PJSC Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Dubai Investments PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.70/0.81
=4.57

* 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.

Dubai Investments PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Dubai Investments PJSC's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.188/330.2130*330.2130
=0.188

Current CPI (Mar. 2026) = 330.2130.

Dubai Investments PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.137 241.018 0.188
201609 0.133 241.428 0.182
201612 0.136 241.432 0.186
201703 0.122 243.801 0.165
201706 0.126 244.955 0.170
201709 0.126 246.819 0.169
201712 0.127 246.524 0.170
201803 0.146 249.554 0.193
201806 0.161 251.989 0.211
201809 0.164 252.439 0.215
201812 0.177 251.233 0.233
201903 0.144 254.202 0.187
201906 0.155 256.143 0.200
201909 0.159 256.759 0.204
201912 0.158 256.974 0.203
202003 0.134 258.115 0.171
202006 0.135 257.797 0.173
202009 0.164 260.280 0.208
202012 0.211 260.474 0.267
202103 0.144 264.877 0.180
202106 0.235 271.696 0.286
202109 0.191 274.310 0.230
202112 0.179 278.802 0.212
202203 0.171 287.504 0.196
202206 0.187 296.311 0.208
202209 0.166 296.808 0.185
202212 0.180 296.797 0.200
202303 0.165 301.836 0.181
202306 0.168 305.109 0.182
202309 0.197 307.789 0.211
202312 0.206 306.746 0.222
202403 0.172 312.332 0.182
202406 0.242 314.175 0.254
202409 0.193 315.301 0.202
202412 0.220 315.605 0.230
202503 0.179 319.799 0.185
202506 0.195 322.561 0.200
202509 0.202 324.800 0.205
202512 0.237 324.054 0.242
202603 0.188 330.213 0.188

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 4.57 mean?
Dubai Investments PJSC (DFM:DIC) has a Cyclically Adjusted PS Ratio of 4.57 as of Jul. 09, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dubai Investments PJSC and its competitors. This is 46% above median its historical median of 3.12. Over the past decade, Dubai Investments PJSC's Cyclically Adjusted PS Ratio has ranged from 1.76 to 5.28. According to the industry distribution chart, Dubai Investments PJSC ranks #1002 out of 1358 companies in the Real Estate industry, placing it in the top 73.8%.
Is Dubai Investments PJSC's Cyclically Adjusted PS Ratio too high?
Dubai Investments PJSC's current Cyclically Adjusted PS Ratio of 4.57 is 46% above median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 5.28. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.84. Dubai Investments PJSC's value of 4.57 is 149% above this industry median. Based on the distribution chart, Dubai Investments PJSC ranks #1002 out of 1358 companies in the Real Estate industry, which is below the industry midpoint. Overall, Dubai Investments PJSC has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Investments PJSC's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Dubai Investments PJSC ranks #1002 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Dubai Investments PJSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.84. Dubai Investments PJSC's value of 4.57 is 149% above this benchmark. Historically, Dubai Investments PJSC's own Cyclically Adjusted PS Ratio has ranged from 1.76 to 5.28 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 1.84, Dubai Investments PJSC 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.84, based on 1,358 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Investments PJSC's current Cyclically Adjusted PS Ratio of 4.57 is 149% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Dubai Investments PJSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Investments PJSC's current Cyclically Adjusted PS Ratio is 4.57, which is 46% above median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Investments PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Investments PJSC (DFM:DIC) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.71, compared to a current price of د.إ3.70 — trading 36.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.57, which is 46% above median its 10-year median of 3.12 and 149% above the Real Estate industry median of 1.84. Dubai Investments PJSC's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Dubai Investments PJSC (DFM:DIC), the current Cyclically Adjusted PS Ratio is 4.57 as of Jul. 09, 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 Dubai Investments PJSC (DFM:DIC) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai Investments PJSC stock appears to be overvalued. The current stock price of د.إ3.70 is trading 36.5% above its estimated GF Value™ of د.إ2.71. GuruFocus considers Dubai Investments PJSC to be Significantly Overvalued.

Key valuation signals for DFM:DIC:

  • Cyclically Adjusted PS Ratio: 4.57 (46% above median its 10-year median of 3.12)
  • GF Value™: د.إ2.71 vs. price of د.إ3.70 (36.5% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 149% above the Real Estate median (#1002 of 1358)

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


Dubai Investments PJSC Business Description

Address Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE
Dubai Investments PJSC is an investment company with a focus on real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The Property segment develops real estate for sale and leasing. The Manufacturing, Contracting, and Services segment manufactures and sells materials used in construction projects, executes construction contracts, produces raw and architectural glass, pharmaceutical products, cooling services, produces aluminum extruded products, laboratory furniture, healthcare, and education. The Investments segment includes strategic minority investments in associates, investment banking, asset management, and financial investments. It generates the majority of its revenue from the Property segment.
60GF Score

Get the complete analysis for DFM:DIC

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

د.إ3.70
Price
د.إ2.71
GF Value