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Deutsche Pfandbriefbank AG (LTS:0R9K) Cyclically Adjusted PS Ratio : 1.19 (As of Jun. 14, 2024)


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What is Deutsche Pfandbriefbank AG Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Deutsche Pfandbriefbank AG's current share price is €5.3525. Deutsche Pfandbriefbank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.48. Deutsche Pfandbriefbank AG's Cyclically Adjusted PS Ratio for today is 1.19.

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

LTS:0R9K' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.65   Max: 2.28
Current: 1.29

During the past years, Deutsche Pfandbriefbank AG's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 0.85. And the median was 1.65.

LTS:0R9K's Cyclically Adjusted PS Ratio is ranked better than
80.02% of 1191 companies
in the Banks industry
Industry Median: 2.35 vs LTS:0R9K: 1.29

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 Pfandbriefbank AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.079. 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 €4.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Pfandbriefbank AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deutsche Pfandbriefbank 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 Pfandbriefbank AG Cyclically Adjusted PS Ratio Chart

Deutsche Pfandbriefbank 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 - - - 1.70 1.40

Deutsche Pfandbriefbank 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 1.86 1.53 1.52 1.40 1.10

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

For the Mortgage Finance subindustry, Deutsche Pfandbriefbank 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 Pfandbriefbank AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.3525/4.48
=1.19

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

For example, Deutsche Pfandbriefbank 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)
=1.079/125.0381*125.0381
=1.079

Current CPI (Mar. 2024) = 125.0381.

Deutsche Pfandbriefbank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.543 0.000
201409 0.941 99.823 1.179
201412 0.305 99.543 0.383
201503 0.773 99.717 0.969
201506 1.257 100.417 1.565
201509 0.809 100.417 1.007
201512 1.377 99.717 1.727
201603 0.765 100.017 0.956
201606 0.803 100.717 0.997
201609 1.515 101.017 1.875
201612 1.257 101.217 1.553
201703 0.781 101.417 0.963
201706 0.907 102.117 1.111
201709 0.803 102.717 0.977
201712 0.832 102.617 1.014
201803 0.863 102.917 1.048
201806 0.855 104.017 1.028
201809 0.969 104.718 1.157
201812 0.811 104.217 0.973
201903 0.900 104.217 1.080
201906 0.877 105.718 1.037
201909 0.989 106.018 1.166
201912 0.993 105.818 1.173
202003 0.818 105.718 0.967
202006 0.907 106.618 1.064
202009 0.643 105.818 0.760
202012 1.145 105.518 1.357
202103 1.076 107.518 1.251
202106 1.049 108.486 1.209
202109 0.842 109.435 0.962
202112 1.205 110.384 1.365
202203 1.118 113.968 1.227
202206 0.915 115.760 0.988
202209 0.937 118.818 0.986
202212 0.974 119.345 1.020
202303 0.880 122.402 0.899
202306 1.041 123.140 1.057
202309 1.133 124.195 1.141
202312 1.398 123.773 1.412
202403 1.079 125.038 1.079

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 Pfandbriefbank AG  (LTS:0R9K) 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 Pfandbriefbank AG Cyclically Adjusted PS Ratio Related Terms

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Deutsche Pfandbriefbank AG (LTS:0R9K) Business Description

Traded in Other Exchanges
Address
Parkring 28, Garching, DEU, 85748
Deutsche Pfandbriefbank AG, or Pbb, is a European specialist bank for commercial real estate financing and public investment financing. Operating segments of the company include 1) Real estate finance (REF) segment which comprises financing for professional real estate investors. 2) Public Investment Finance (PIF) segment which comprises financing eligible for covered bonds aimed at the provision and improvement of public infrastructure. 3) Value Portfolio (VP) segment comprises non-strategic portfolios and activities. 4) Consolidation and adjustments.

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