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Deutsche Bank AG (BSE:DBK) Shiller PE Ratio : (As of May. 17, 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)
=3.441/125.0381*125.0381
=3.441

Current CPI (Mar. 2024) = 125.0381.

Deutsche Bank AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.168 99.543 1.467
201409 -0.369 99.823 -0.462
201412 1.565 99.543 1.966
201503 1.684 99.717 2.112
201506 1.838 100.417 2.289
201509 -19.993 100.417 -24.895
201512 -6.825 99.717 -8.558
201603 0.684 100.017 0.855
201606 -0.782 100.717 -0.971
201609 0.735 101.017 0.910
201612 -5.832 101.217 -7.205
201703 1.669 101.417 2.058
201706 0.361 102.117 0.442
201709 1.641 102.717 1.998
201712 -6.245 102.617 -7.609
201803 0.339 102.917 0.412
201806 0.161 104.017 0.194
201809 0.535 104.718 0.639
201812 -1.044 104.217 -1.253
201903 0.415 104.217 0.498
201906 -8.606 105.718 -10.179
201909 -2.072 106.018 -2.444
201912 -3.671 105.818 -4.338
202003 -0.051 105.718 -0.060
202006 -0.775 106.618 -0.909
202009 0.703 105.818 0.831
202012 0.447 105.518 0.530
202103 2.567 107.518 2.985
202106 1.786 108.486 2.059
202109 0.489 109.435 0.559
202112 0.622 110.384 0.705
202203 2.779 113.968 3.049
202206 2.399 115.760 2.591
202209 2.394 118.818 2.519
202212 4.472 119.345 4.685
202303 2.997 122.402 3.062
202306 1.799 123.140 1.827
202309 2.395 124.195 2.411
202312 6.859 123.773 6.929
202403 3.441 125.038 3.441

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  (BSE:DBK) 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 (BSE:DBK) 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.

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