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Deutsche Rohstoff AG (FRA:DR0) Cyclically Adjusted PB Ratio : 2.38 (As of May. 31, 2024)


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What is Deutsche Rohstoff AG Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Deutsche Rohstoff AG's current share price is €38.90. Deutsche Rohstoff AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €16.34. Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio for today is 2.38.

The historical rank and industry rank for Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:DR0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 1.93   Max: 2.71
Current: 2.44

During the past years, Deutsche Rohstoff AG's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.10. And the median was 1.93.

FRA:DR0's Cyclically Adjusted PB Ratio is ranked worse than
80.1% of 819 companies
in the Oil & Gas industry
Industry Median: 0.99 vs FRA:DR0: 2.44

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Deutsche Rohstoff AG's adjusted book value per share data for the three months ended in Dec. 2023 was €36.035. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €16.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Rohstoff AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche Rohstoff AG's Cyclically Adjusted 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.

* Premium members only.

Deutsche Rohstoff AG Cyclically Adjusted PB Ratio Chart

Deutsche Rohstoff AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.93 1.96

Deutsche Rohstoff AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 1.93 1.79 1.78 1.89 1.96

Competitive Comparison of Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio falls into.



Deutsche Rohstoff AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.90/16.34
=2.38

* 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.

Deutsche Rohstoff AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deutsche Rohstoff AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=36.035/123.7729*123.7729
=36.035

Current CPI (Dec. 2023) = 123.7729.

Deutsche Rohstoff AG Quarterly Data

Book Value per Share CPI Adj_Book
201206 7.361 96.744 9.418
201212 8.258 97.957 10.434
201306 7.786 98.516 9.782
201312 5.463 99.356 6.806
201406 12.244 99.543 15.224
201412 11.843 99.543 14.726
201506 12.169 100.417 14.999
201512 11.669 99.717 14.484
201603 0.000 100.017 0.000
201606 11.166 100.717 13.722
201609 0.000 101.017 0.000
201612 11.396 101.217 13.936
201703 11.951 101.417 14.585
201706 11.110 102.117 13.466
201709 10.037 102.717 12.094
201712 9.986 102.617 12.045
201803 9.686 102.917 11.649
201806 12.565 104.017 14.951
201809 12.923 104.718 15.275
201812 13.280 104.217 15.772
201903 14.358 104.217 17.052
201906 13.950 105.718 16.332
201909 13.880 106.018 16.205
201912 12.941 105.818 15.137
202003 13.582 105.718 15.902
202006 10.334 106.618 11.997
202009 9.161 105.818 10.715
202012 7.932 105.518 9.304
202103 11.051 107.518 12.722
202106 11.916 108.486 13.595
202109 13.242 109.435 14.977
202112 14.632 110.384 16.407
202203 17.561 113.968 19.072
202206 23.117 115.760 24.717
202209 26.202 118.818 27.295
202212 25.776 119.345 26.732
202303 27.926 122.402 28.239
202306 29.379 123.140 29.530
202309 33.410 124.195 33.297
202312 36.035 123.773 36.035

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Deutsche Rohstoff AG  (FRA:DR0) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Deutsche Rohstoff AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Deutsche Rohstoff AG (FRA:DR0) Business Description

Industry
Traded in Other Exchanges
Address
Q7, 24, Mannheim, DEU, 68161
Deutsche Rohstoff AG is involved in the production of oil and gas. It also participates in mining projects and develops its own metal deposits with a focus on precious and special metals. The activities of the company are located in the United States, Australia, Western Europe, Canada and Brazil. It operates in the segments of Gold, Oil, Gas, and Other; of which key revenue is derived from the Oil segment sales. The company's projects include Cub Creek Energy, Elster Oil and Gas, Bright Rock Energy, Salt Creek Oil and Gas, and others.

Deutsche Rohstoff AG (FRA:DR0) Headlines

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