Diversified Royalty (TSX:DIV) Cyclically Adjusted Revenue per Share: C$0.35 (As of Mar. 2026)


TSX:DIV Diversified Royalty Corp TSX:DIV
84 GF Score
Price C$4.62
GF Value C$3.67
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Diversified Royalty Cyclically Adjusted Revenue per Share?

Diversified Royalty TSX:DIV 84 Cyclically Adjusted Revenue per Share is C$0.35 as of Mar. 2026. GuruFocus rates TSX:DIV with a GF Score™ of 84/100 and a GF Value™ of C$3.67 (Modestly Overvalued). The stock has 11 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is C$0.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Diversified Royalty's average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Diversified Royalty was 6.70% per year. The lowest was -22.80% per year. And the median was -7.50% per year.

As of today (2026-07-13), Diversified Royalty's current stock price is C$4.62. 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 of today is 13.20.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diversified Royalty was 14.06. The lowest was 3.02. And the median was 7.84.


Diversified Royalty  (TSX:DIV) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4.62/0.35
=13.20

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Diversified Royalty was 14.06. The lowest was 3.02. And the median was 7.84.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Diversified Royalty Cyclically Adjusted Revenue per Share Related Terms


Diversified Royalty Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Diversified Royalty's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Diversified Royalty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.28 0.30 0.32 0.34

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 Revenue per Share 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 0.33 0.33 0.34 0.34 0.35

TSX:DIV vs CTAS, CPRT, ULS: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diversified Royalty Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.

What does a Cyclically Adjusted Revenue per Share of C$0.35 mean?
Diversified Royalty (TSX:DIV) has a Cyclically Adjusted Revenue per Share of C$0.35 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Diversified Royalty and its competitors.
Is Diversified Royalty's Cyclically Adjusted Revenue per Share too high?
Diversified Royalty's current Cyclically Adjusted Revenue per Share is C$0.35. 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 Revenue per Share compare to CTAS and CPRT?
Diversified Royalty's Cyclically Adjusted Revenue per Share of C$0.35 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Diversified Royalty and its competitors. Diversified Royalty's current Cyclically Adjusted Revenue per Share is C$0.35. 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$3.67, compared to a current price of C$4.62 — trading 25.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$0.35. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Diversified Royalty (TSX:DIV), the current Cyclically Adjusted Revenue per Share is C$0.35 as of Mar. 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$4.62 is trading 25.9% above its estimated GF Value™ of C$3.67. GuruFocus considers Diversified Royalty to be Modestly Overvalued.

Key valuation signals for TSX:DIV:

  • Cyclically Adjusted Revenue per Share: C$0.35
  • GF Value™: C$3.67 vs. price of C$4.62 (25.9% above fair value)
  • GF Score™: 84/100 with 11 warning signs

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 Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.62
Price
C$3.67
GF Value