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Deutsche Bank AG (XPRA:DBK) Cyclically Adjusted PS Ratio : 0.89 (As of May. 26, 2024)


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What is Deutsche Bank AG Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Deutsche Bank AG's current share price is Kč384.25. Deutsche Bank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Kč430.76. Deutsche Bank AG's Cyclically Adjusted PS Ratio for today is 0.89.

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

XPRA:DBK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.54   Max: 0.98
Current: 0.93

During the past years, Deutsche Bank AG's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.22. And the median was 0.54.

XPRA:DBK's Cyclically Adjusted PS Ratio is ranked better than
88.66% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs XPRA:DBK: 0.93

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 Kč95.512. 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 Kč430.76 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
=384.25/430.76
=0.89

* 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)
=95.512/125.0381*125.0381
=95.512

Current CPI (Mar. 2024) = 125.0381.

Deutsche Bank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 163.772 99.543 205.718
201409 137.077 99.823 171.703
201412 134.767 99.543 169.284
201503 175.214 99.717 219.707
201506 153.808 100.417 191.521
201509 138.132 100.417 172.001
201512 75.054 99.717 94.113
201603 137.324 100.017 171.679
201606 110.984 100.717 137.785
201609 112.922 101.017 139.774
201612 123.525 101.217 152.596
201703 119.724 101.417 147.609
201706 80.195 102.117 98.196
201709 81.879 102.717 99.672
201712 63.378 102.617 77.226
201803 79.218 102.917 96.245
201806 76.311 104.017 91.733
201809 72.581 104.718 86.665
201812 67.146 104.217 80.561
201903 74.825 104.217 89.774
201906 74.321 105.718 87.904
201909 64.194 106.018 75.711
201912 65.125 105.818 76.954
202003 77.485 105.718 91.646
202006 78.597 106.618 92.176
202009 73.270 105.818 86.579
202012 61.284 105.518 72.621
202103 87.930 107.518 102.258
202106 73.260 108.486 84.438
202109 71.610 109.435 81.820
202112 68.535 110.384 77.634
202203 85.080 113.968 93.344
202206 76.948 115.760 83.115
202209 79.226 118.818 83.374
202212 69.421 119.345 72.733
202303 86.146 122.402 88.001
202306 83.102 123.140 84.383
202309 82.714 124.195 83.276
202312 105.414 123.773 106.492
202403 95.512 125.038 95.512

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  (XPRA: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 (XPRA: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.

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