Diversified Royalty (TSX:DIV) Cyclically Adjusted PS Ratio: 12.97 (As of Jul. 15, 2026) — 64% Above Median

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TSX:DIV Diversified Royalty Corp TSX:DIV
84 GF Score
Price C$4.54
GF Value C$3.68
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Diversified Royalty Cyclically Adjusted PS Ratio?

Diversified Royalty TSX:DIV 84 Cyclically Adjusted PS Ratio is 12.97 as of Jul. 15, 2026, which is 64% above its 10-year median of 7.90. GuruFocus rates TSX:DIV with a GF Score™ of 84/100 and a GF Value™ of C$3.68 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 716 Business Services companies, Diversified Royalty ranks worse than 97.21% on this metric.

As of today (2026-07-15), Diversified Royalty's current share price is C$4.54. Diversified Royalty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.35. Diversified Royalty's Cyclically Adjusted PS Ratio for today is 12.97.

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

TSX:DIV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.02   Med: 7.9   Max: 14.06
Current: 13.05

During the past years, Diversified Royalty's highest Cyclically Adjusted PS Ratio was 14.06. The lowest was 3.02. And the median was 7.90.

TSX:DIV's Cyclically Adjusted PS Ratio is ranked worse than
97.21% of 716 companies
in the Business Services industry
Industry Median: 0.905 vs TSX:DIV: 13.05

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.

Diversified Royalty's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.101. 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$0.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diversified Royalty  (TSX:DIV) 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.


Diversified Royalty Cyclically Adjusted PS Ratio Related Terms


Diversified Royalty Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Diversified Royalty'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.

Diversified Royalty Cyclically Adjusted PS Ratio Chart

Diversified Royalty 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 8.34 10.72 9.17 9.08 10.91

Diversified Royalty 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 8.57 9.49 11.03 10.91 11.81

TSX:DIV vs CTAS, CPRT, ULS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Diversified Royalty'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.


Diversified Royalty Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Diversified Royalty's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Diversified Royalty's Cyclically Adjusted PS Ratio falls into.


TSX:DIV
84GF Score
Diversified Royalty Corp TSX:DIV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diversified Royalty 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.

Diversified Royalty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.54/0.35
=12.97

* 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.

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

For example, Diversified Royalty'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)
=0.101/132.2623*132.2623
=0.101

Current CPI (Mar. 2026) = 132.2623.

Diversified Royalty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.066 102.002 0.086
201609 0.064 101.765 0.083
201612 0.057 101.449 0.074
201703 0.039 102.634 0.050
201706 0.043 103.029 0.055
201709 0.050 103.345 0.064
201712 0.064 103.345 0.082
201803 0.056 105.004 0.071
201806 0.063 105.557 0.079
201809 0.062 105.636 0.078
201812 0.066 105.399 0.083
201903 0.059 106.979 0.073
201906 0.069 107.690 0.085
201909 0.074 107.611 0.091
201912 0.076 107.769 0.093
202003 0.064 107.927 0.078
202006 0.052 108.401 0.063
202009 0.066 108.164 0.081
202012 0.074 108.559 0.090
202103 0.062 110.298 0.074
202106 0.075 111.720 0.089
202109 0.073 112.905 0.086
202112 0.061 113.774 0.071
202203 0.065 117.646 0.073
202206 0.077 120.806 0.084
202209 0.093 120.648 0.102
202212 0.090 120.964 0.098
202303 0.086 122.702 0.093
202306 0.090 124.203 0.096
202309 0.094 125.230 0.099
202312 0.113 125.072 0.119
202403 0.098 126.258 0.103
202406 0.101 127.522 0.105
202409 0.096 127.285 0.100
202412 0.102 127.364 0.106
202503 0.093 129.181 0.095
202506 0.105 129.892 0.107
202509 0.106 130.287 0.108
202512 0.111 130.366 0.113
202603 0.101 132.262 0.101

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 12.97 mean?
Diversified Royalty (TSX:DIV) has a Cyclically Adjusted PS Ratio of 12.97 as of Jul. 15, 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 Diversified Royalty and its competitors. This is 64% above median its historical median of 7.90. Over the past decade, Diversified Royalty's Cyclically Adjusted PS Ratio has ranged from 3.02 to 14.06. According to the industry distribution chart, Diversified Royalty ranks #696 out of 716 companies in the Business Services industry, placing it in the top 97.2%.
Is Diversified Royalty's Cyclically Adjusted PS Ratio too high?
Diversified Royalty's current Cyclically Adjusted PS Ratio of 12.97 is 64% above median its 10-year median of 7.90. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 14.06. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Diversified Royalty's value of 12.97 is 1333.1% above this industry median. Based on the distribution chart, Diversified Royalty ranks #696 out of 716 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Diversified Royalty has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Royalty's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Diversified Royalty ranks #696 out of 716 companies for Cyclically Adjusted PS Ratio. This places Diversified Royalty in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Diversified Royalty's value of 12.97 is 1333.1% above this benchmark. Historically, Diversified Royalty's own Cyclically Adjusted PS Ratio has ranged from 3.02 to 14.06 over the past decade. While the company's 10-year median is 7.90 vs. the industry median of 0.91, Diversified Royalty 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 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. Diversified Royalty's current Cyclically Adjusted PS Ratio of 12.97 is 1333.1% 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 Diversified Royalty and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diversified Royalty's current Cyclically Adjusted PS Ratio is 12.97, which is 64% above median its own 10-year median of 7.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Royalty stock overvalued right now?
Based on GuruFocus' analysis, Diversified Royalty (TSX:DIV) is currently considered Modestly Overvalued. The stock's GF Value™ is C$3.68, compared to a current price of C$4.54 — trading 23.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.97, which is 64% above median its 10-year median of 7.90 and 1333.1% above the Business Services industry median of 0.91. Diversified Royalty's overall GF Score™ is 84/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Diversified Royalty (TSX:DIV), the current Cyclically Adjusted PS Ratio is 12.97 as of Jul. 15, 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 Diversified Royalty (TSX:DIV) Overvalued in 2026?

Based on GuruFocus' analysis, Diversified Royalty stock appears to be overvalued. The current stock price of C$4.54 is trading 23.4% above its estimated GF Value™ of C$3.68. GuruFocus considers Diversified Royalty to be Modestly Overvalued.

Key valuation signals for TSX:DIV:

  • Cyclically Adjusted PS Ratio: 12.97 (64% above median its 10-year median of 7.90)
  • GF Value™: C$3.68 vs. price of C$4.54 (23.4% above fair value)
  • GF Score™: 84/100 with 11 warning signs
  • Industry Position: 1333.1% above the Business Services median (#696 of 716)

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


Diversified Royalty Business Description

Other Exchanges BEVFF:USABEW:Germany
Address 609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The firm purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
84GF Score

Get the complete analysis for TSX:DIV

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

C$4.54
Price
C$3.68
GF Value