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Deutsche Bank AG (BSE:DBK) Cyclically Adjusted PS Ratio : 0.95 (As of May. 17, 2024)


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What is Deutsche Bank AG Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Deutsche Bank AG's current share price is lei79.27. Deutsche Bank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was lei83.61. Deutsche Bank AG's Cyclically Adjusted PS Ratio for today is 0.95.

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

BSE:DBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.54   Max: 0.99
Current: 0.94

During the past years, Deutsche Bank AG's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.22. And the median was 0.54.

BSE:DBK's Cyclically Adjusted PS Ratio is ranked better than
87.28% of 1195 companies
in the Banks industry
Industry Median: 2.43 vs BSE:DBK: 0.94

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.

Deutsche Bank AG's adjusted revenue per share data for the three months ended in Mar. 2024 was lei18.834. 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 lei83.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Bank AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deutsche Bank AG'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.

* Premium members only.

Deutsche Bank AG Cyclically Adjusted PS Ratio Chart

Deutsche Bank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.44 0.58 0.58 0.72

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
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 0.52 0.54 0.60 0.72 0.87

Competitive Comparison of Deutsche Bank AG's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Deutsche Bank AG'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.


Deutsche Bank AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Deutsche Bank AG 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.

Deutsche Bank AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.27/83.61
=0.95

* 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 Bank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.834/125.0381*125.0381
=18.834

Current CPI (Mar. 2024) = 125.0381.

Deutsche Bank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 37.209 99.543 46.739
201409 29.400 99.823 36.827
201412 27.567 99.543 34.628
201503 31.816 99.717 39.895
201506 28.976 100.417 36.081
201509 26.255 100.417 32.693
201512 13.859 99.717 17.378
201603 25.861 100.017 32.331
201606 21.130 100.717 26.233
201609 21.498 101.017 26.610
201612 22.096 101.217 27.296
201703 21.720 101.417 26.779
201706 15.732 102.117 19.263
201709 17.166 102.717 20.896
201712 13.417 102.617 16.349
201803 17.631 102.917 21.421
201806 15.862 104.017 19.068
201809 15.166 104.718 18.109
201812 13.579 104.217 16.292
201903 15.114 104.217 18.133
201906 15.044 105.718 17.793
201909 12.530 106.018 14.778
201912 13.016 105.818 15.380
202003 14.787 105.718 17.489
202006 15.213 106.618 17.841
202009 14.823 105.818 17.515
202012 13.000 105.518 15.405
202103 18.337 107.518 21.325
202106 15.907 108.486 18.334
202109 15.233 109.435 17.405
202112 14.078 110.384 15.947
202203 17.198 113.968 18.868
202206 15.088 115.760 16.297
202209 14.650 118.818 15.417
202212 13.899 119.345 14.562
202303 17.867 122.402 18.252
202306 17.443 123.140 17.712
202309 16.623 124.195 16.736
202312 21.552 123.773 21.772
202403 18.834 125.038 18.834

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.


Deutsche Bank AG  (BSE:DBK) 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.


Deutsche Bank AG Cyclically Adjusted PS Ratio Related Terms

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


Deutsche Bank AG (BSE:DBK) Business Description

Industry
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.

Deutsche Bank AG (BSE:DBK) Headlines

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