Dividend 15 Split II (TSX:DF) Cyclically Adjusted PS Ratio: 5.88 (As of Jul. 14, 2026) — 30% Above Median

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TSX:DF Dividend 15 Split Corp II TSX:DF
35 GF Score
Price C$9.23
! 6 Warning Signs
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What is Dividend 15 Split II Cyclically Adjusted PS Ratio?

Dividend 15 Split II TSX:DF +0.22% 35 Cyclically Adjusted PS Ratio is 5.88 as of Jul. 14, 2026, which is 30% above its 10-year median of 4.52. GuruFocus rates TSX:DF with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 903 Asset Management companies, Dividend 15 Split II ranks better than 61.13% on this metric.

As of today (2026-07-14), Dividend 15 Split II's current share price is C$9.23. Dividend 15 Split II's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 was C$1.57. Dividend 15 Split II's Cyclically Adjusted PS Ratio for today is 5.88.

The historical rank and industry rank for Dividend 15 Split II's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:DF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 4.52   Max: 7.14
Current: 5.87

During the past 13 years, Dividend 15 Split II's highest Cyclically Adjusted PS Ratio was 7.14. The lowest was 1.61. And the median was 4.52.

TSX:DF's Cyclically Adjusted PS Ratio is ranked better than
61.13% of 903 companies
in the Asset Management industry
Industry Median: 7.61 vs TSX:DF: 5.87

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.

Dividend 15 Split II's adjusted revenue per share data of for the fiscal year that ended in Nov25 was C$2.711. 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 C$1.57 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dividend 15 Split II  (TSX:DF) 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.


Dividend 15 Split II Cyclically Adjusted PS Ratio Related Terms


Dividend 15 Split II Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dividend 15 Split II'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.

Dividend 15 Split II Cyclically Adjusted PS Ratio Chart

Dividend 15 Split II Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 3.50 3.51 5.61 4.51

Dividend 15 Split II Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 3.51 0.00 5.61 0.00 4.51

TSX:DF vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Dividend 15 Split II'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.


Dividend 15 Split II Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split II's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split II's Cyclically Adjusted PS Ratio falls into.


TSX:DF
35GF Score
Dividend 15 Split Corp II TSX:DF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dividend 15 Split II 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.

Dividend 15 Split II's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.23/1.57
=5.88

* 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.

Dividend 15 Split II's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Dividend 15 Split II's adjusted Revenue per Share data for the fiscal year that ended in Nov25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=2.711/130.6821*130.6821
=2.711

Current CPI (Nov25) = 130.6821.

Dividend 15 Split II Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201611 1.763 101.607 2.267
201711 1.582 103.740 1.993
201811 -0.401 105.478 -0.497
201911 2.084 107.769 2.527
202011 -1.047 108.796 -1.258
202111 2.811 113.932 3.224
202211 0.328 121.675 0.352
202311 -0.237 125.468 -0.247
202411 4.520 127.838 4.621
202511 2.711 130.682 2.711

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 5.88 mean?
Dividend 15 Split II (TSX:DF) has a Cyclically Adjusted PS Ratio of 5.88 as of Jul. 14, 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 Dividend 15 Split II and its competitors. This is 30% above median its historical median of 4.52. Over the past decade, Dividend 15 Split II's Cyclically Adjusted PS Ratio has ranged from 1.61 to 7.14. According to the industry distribution chart, Dividend 15 Split II ranks #351 out of 903 companies in the Asset Management industry, placing it in the top 38.9%.
Is Dividend 15 Split II's Cyclically Adjusted PS Ratio too high?
Dividend 15 Split II's current Cyclically Adjusted PS Ratio of 5.88 is 30% above median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 7.14. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. Dividend 15 Split II's value of 5.88 is 22.7% below this industry median. Based on the distribution chart, Dividend 15 Split II ranks #351 out of 903 companies in the Asset Management industry, which is above the industry midpoint. Overall, Dividend 15 Split II has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Dividend 15 Split II's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend 15 Split II ranks #351 out of 903 companies for Cyclically Adjusted PS Ratio. This puts Dividend 15 Split II in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.61. Dividend 15 Split II's value of 5.88 is 22.7% below this benchmark. Historically, Dividend 15 Split II's own Cyclically Adjusted PS Ratio has ranged from 1.61 to 7.14 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 7.61, Dividend 15 Split II 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 PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.61, based on 903 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. Dividend 15 Split II's current Cyclically Adjusted PS Ratio of 5.88 is 22.7% 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 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 Dividend 15 Split II and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dividend 15 Split II's current Cyclically Adjusted PS Ratio is 5.88, which is 30% above median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend 15 Split II stock overvalued right now?
Dividend 15 Split II (TSX:DF) has a current Cyclically Adjusted PS Ratio of 5.88. The current Cyclically Adjusted PS Ratio is 5.88, which is 30% above median its 10-year median of 4.52 and 22.7% below the Asset Management industry median of 7.61. Dividend 15 Split II's overall GF Score™ is 35/100 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 Dividend 15 Split II (TSX:DF), the current Cyclically Adjusted PS Ratio is 5.88 as of Jul. 14, 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.

Dividend 15 Split II Business Description

Other Exchanges DVDDF:USADF.PR.A.PFD:Canada
Address 200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp II is an investment corporation designed to pay monthly cash dividends. The Company classifies its investments, including derivatives, based on both the Company's business model for managing those financial assets and the contractual cash flow characteristics of the financial assets. The Company offers two types of shares: Preferred shares and Class A shares.
35GF Score

Get the complete analysis for TSX:DF

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

C$9.23
Price