DLY (DoubleLine Yield Opportunities Fund) PB Ratio: 0.92 (As of Sep. 05, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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DLY DoubleLine Yield Opportunities Fund DLY
38 GF Score
Price $13.83
GF Value $7.07
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is DoubleLine Yield Opportunities Fund PB Ratio?

DoubleLine Yield Opportunities Fund DLY -0.14% 38 PB Ratio is 0.92 as of Sep. 05, 2026, which is 2% below its 10-year median of 0.94. GuruFocus rates DLY with a GF Score™ of 38/100 and a GF Value™ of $7.07 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,593 Asset Management companies, DoubleLine Yield Opportunities Fund ranks better than 55.93% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-09-05), DoubleLine Yield Opportunities Fund's share price is $13.83. DoubleLine Yield Opportunities Fund's Book Value per Share for the quarter that ended in Mar. 2026 was $15.06. Hence, DoubleLine Yield Opportunities Fund's PB Ratio of today is 0.92.

The historical rank and industry rank for DoubleLine Yield Opportunities Fund's PB Ratio or its related term are showing as below:

DLY' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.94   Max: 1.1
Current: 0.92

During the past 6 years, DoubleLine Yield Opportunities Fund's highest PB Ratio was 1.10. The lowest was 0.69. And the median was 0.94.

DLY's PB Ratio is ranked better than
55.93% of 1593 companies
in the Asset Management industry
Industry Median: 0.94 vs DLY: 0.92

During the past 12 months, DoubleLine Yield Opportunities Fund's average Book Value Per Share Growth Rate was -5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of DoubleLine Yield Opportunities Fund was 1.60% per year. The lowest was -7.60% per year. And the median was -6.80% per year.

Back to Basics: PB Ratio


DoubleLine Yield Opportunities Fund  (NYSE:DLY) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


DoubleLine Yield Opportunities Fund PB Ratio Related Terms


DoubleLine Yield Opportunities Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for DoubleLine Yield Opportunities Fund's 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.

DoubleLine Yield Opportunities Fund PB Ratio Chart

DoubleLine Yield Opportunities Fund Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial 0.95 0.89 0.98 1.01 0.95

DoubleLine Yield Opportunities Fund Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 1.01 1.01 0.95 0.92

DLY vs MUA, BIT, SLRC: PB Ratio Comparison

For the Asset Management subindustry, DoubleLine Yield Opportunities Fund's PB Ratio, along with its competitors' market caps and 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.


DoubleLine Yield Opportunities Fund PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DoubleLine Yield Opportunities Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where DoubleLine Yield Opportunities Fund's PB Ratio falls into.


DLY
38GF Score
DoubleLine Yield Opportunities Fund DLY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DoubleLine Yield Opportunities Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

DoubleLine Yield Opportunities Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=13.83/15.059
=0.92

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.92 mean?
DoubleLine Yield Opportunities Fund (DLY) has a PB Ratio of 0.92 as of Sep. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DoubleLine Yield Opportunities Fund and its competitors. This is near median its historical median of 0.94. Over the past decade, DoubleLine Yield Opportunities Fund's PB Ratio has ranged from 0.69 to 1.10. According to the industry distribution chart, DoubleLine Yield Opportunities Fund ranks #702 out of 1593 companies in the Asset Management industry, placing it in the top 44.1%.
Is DoubleLine Yield Opportunities Fund's PB Ratio too high?
DoubleLine Yield Opportunities Fund's current PB Ratio of 0.92 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.10. The Asset Management industry median PB Ratio is 0.94. DoubleLine Yield Opportunities Fund's value of 0.92 is 2.1% below this industry median. Based on the distribution chart, DoubleLine Yield Opportunities Fund ranks #702 out of 1593 companies in the Asset Management industry, which is above the industry midpoint. Overall, DoubleLine Yield Opportunities Fund has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DoubleLine Yield Opportunities Fund's PB Ratio compare to MUA and BIT?
According to the Asset Management industry distribution chart, DoubleLine Yield Opportunities Fund ranks #702 out of 1593 companies for PB Ratio. This puts DoubleLine Yield Opportunities Fund in the upper half of its industry. The industry median PB Ratio is 0.94. DoubleLine Yield Opportunities Fund's value of 0.92 is 2.1% below this benchmark. Historically, DoubleLine Yield Opportunities Fund's own PB Ratio has ranged from 0.69 to 1.10 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.94, DoubleLine Yield Opportunities Fund 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 PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.94, based on 1,593 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DoubleLine Yield Opportunities Fund's current PB Ratio of 0.92 is 2.1% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on DoubleLine Yield Opportunities Fund and its competitors. For the Asset Management industry, the median PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DoubleLine Yield Opportunities Fund's current PB Ratio is 0.92, which is near median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DoubleLine Yield Opportunities Fund stock overvalued right now?
Based on GuruFocus' analysis, DoubleLine Yield Opportunities Fund (DLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.07, compared to a current price of $13.83 — trading 95.6% above its estimated fair value. The current PB Ratio is 0.92, which is near median its 10-year median of 0.94 and 2.1% below the Asset Management industry median of 0.94. DoubleLine Yield Opportunities Fund's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For DoubleLine Yield Opportunities Fund (DLY), the current PB Ratio is 0.92 as of Sep. 05, 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 DoubleLine Yield Opportunities Fund (DLY) Overvalued in 2026?

Based on GuruFocus' analysis, DoubleLine Yield Opportunities Fund stock appears to be overvalued. The current stock price of $13.83 is trading 95.6% above its estimated GF Value™ of $7.07. GuruFocus considers DoubleLine Yield Opportunities Fund to be Significantly Overvalued.

Key valuation signals for DLY:

  • PB Ratio: 0.92 (near median its 10-year median of 0.94)
  • GF Value™: $7.07 vs. price of $13.83 (95.6% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 2.1% below the Asset Management median (#702 of 1593)

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


DoubleLine Yield Opportunities Fund Business Description

Address 2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
DoubleLine Yield Opportunities Fund is a diversified, limited-term, closed-end management investment company. Its investment objective is to seek a high level of total return, with an emphasis on current income. The company invests in debt securities and other income-producing investments of issuers anywhere in the world, including in emerging markets, and may invest in investments of any credit quality. Its investment portfolio comprises foreign corporate bonds, foreign government bonds, non-agency commercial mortgage-backed obligations, U.S. corporate bonds, collateralized loan obligations, and bank loans among other securities.
38GF Score

Get the complete analysis for DLY

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

$13.83
Price
$7.07
GF Value