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Deutsche Bank AG (Deutsche Bank AG) Shiller PE Ratio : (As of Apr. 26, 2024)


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What is Deutsche Bank AG Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Bank AG Shiller PE Ratio Historical Data

The historical data trend for Deutsche Bank AG's Shiller PE 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.

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Deutsche Bank AG Shiller PE Ratio Chart

Deutsche Bank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Deutsche Bank AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Deutsche Bank AG's Shiller PE Ratio

For the Banks - Regional subindustry, Deutsche Bank AG's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Deutsche Bank AG's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Deutsche Bank AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Deutsche Bank AG's Shiller PE Ratio falls into.



Deutsche Bank AG Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Deutsche Bank AG's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Deutsche Bank AG's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.75/123.6675*123.6675
=0.750

Current CPI (Mar. 2024) = 123.6675.

Deutsche Bank AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.255 99.543 0.317
201409 -0.081 99.823 -0.100
201412 0.341 99.543 0.424
201503 0.367 99.717 0.455
201506 0.401 100.417 0.494
201509 -4.357 100.417 -5.366
201512 -1.488 99.717 -1.845
201603 0.149 100.017 0.184
201606 -0.170 100.717 -0.209
201609 0.160 101.017 0.196
201612 -1.271 101.217 -1.553
201703 0.364 101.417 0.444
201706 0.079 102.117 0.096
201709 0.358 102.717 0.431
201712 -1.361 102.617 -1.640
201803 0.074 102.917 0.089
201806 0.035 104.017 0.042
201809 0.117 104.718 0.138
201812 -0.228 104.217 -0.271
201903 0.090 104.217 0.107
201906 -1.876 105.718 -2.195
201909 -0.452 106.018 -0.527
201912 -0.800 105.818 -0.935
202003 -0.011 105.718 -0.013
202006 -0.169 106.618 -0.196
202009 0.153 105.818 0.179
202012 0.097 105.518 0.114
202103 0.560 107.518 0.644
202106 0.389 108.486 0.443
202109 0.106 109.435 0.120
202112 0.136 110.384 0.152
202203 0.606 113.968 0.658
202206 0.523 115.760 0.559
202209 0.522 118.818 0.543
202212 0.975 119.345 1.010
202303 0.653 122.402 0.660
202306 0.392 123.140 0.394
202309 0.522 124.195 0.520
202312 1.495 123.668 1.495
202403 0.750 123.668 0.750

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Deutsche Bank AG  (NYSE:DB) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Deutsche Bank AG Shiller PE Ratio Related Terms

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Deutsche Bank AG (Deutsche Bank AG) Business Description

Address
Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325
Deutsche Bank is a universal bank operating on a global scale. The bank offers corporate, retail, investment banking, private banking, and asset management to its clients.
Executives
Mayree Clark Supervisory Board