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Deutsche EuroShop AG (Deutsche EuroShop AG) Cyclically Adjusted Book per Share : $10.92 (As of Mar. 2024)


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What is Deutsche EuroShop AG Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 EuroShop AG's adjusted book value per share for the three months ended in Mar. 2024 was $7.129. 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 $10.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deutsche EuroShop AG's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Deutsche EuroShop AG was 6.60% per year. The lowest was 3.90% per year. And the median was 5.35% per year.

As of today (2024-06-19), Deutsche EuroShop AG's current stock price is $5.40. Deutsche EuroShop AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.92. Deutsche EuroShop AG's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche EuroShop AG was 1.19. The lowest was 0.30. And the median was 0.59.


Deutsche EuroShop AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Deutsche EuroShop AG's Cyclically Adjusted Book per Share 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 EuroShop AG Cyclically Adjusted Book per Share Chart

Deutsche EuroShop AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.51 13.92 9.12 9.18

Deutsche EuroShop 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 Book per Share 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 10.80 9.74 11.51 9.18 10.92

Competitive Comparison of Deutsche EuroShop AG's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Deutsche EuroShop 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 EuroShop AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche EuroShop AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Deutsche EuroShop AG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.129/125.0381*125.0381
=7.129

Current CPI (Mar. 2024) = 125.0381.

Deutsche EuroShop AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.712 99.543 10.943
201409 8.385 99.823 10.503
201412 8.608 99.543 10.813
201503 7.667 99.717 9.614
201506 7.756 100.417 9.658
201509 7.871 100.417 9.801
201512 8.820 99.717 11.060
201603 9.124 100.017 11.407
201606 8.947 100.717 11.108
201609 9.056 101.017 11.209
201612 9.257 101.217 11.436
201703 9.544 101.417 11.767
201706 9.783 102.117 11.979
201709 10.519 102.717 12.805
201712 10.588 102.617 12.901
201803 11.188 102.917 13.593
201806 10.298 104.017 12.379
201809 10.420 104.718 12.442
201812 10.144 104.217 12.171
201903 10.248 104.217 12.295
201906 9.947 105.718 11.765
201909 9.825 106.018 11.588
201912 9.995 105.818 11.810
202003 10.070 105.718 11.910
202006 9.562 106.618 11.214
202009 10.119 105.818 11.957
202012 9.745 105.518 11.548
202103 9.634 107.518 11.204
202106 9.812 108.486 11.309
202109 9.622 109.435 10.994
202112 9.321 110.384 10.558
202203 9.214 113.968 10.109
202206 8.951 115.760 9.668
202209 8.229 118.818 8.660
202212 8.626 119.345 9.037
202303 8.320 122.402 8.499
202306 8.460 123.140 8.590
202309 7.777 124.195 7.830
202312 7.558 123.773 7.635
202403 7.129 125.038 7.129

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


Deutsche EuroShop AG  (OTCPK:DHRPY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 EuroShop AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.40/10.92
=0.49

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche EuroShop AG was 1.19. The lowest was 0.30. And the median was 0.59.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Deutsche EuroShop AG Cyclically Adjusted Book per Share Related Terms

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


Deutsche EuroShop AG (Deutsche EuroShop AG) Business Description

Industry
Traded in Other Exchanges
Address
Heegbarg 36, Hamburg, DEU, 22391
Deutsche EuroShop AG is a German real estate investment firm that invests in shopping centers. The company's properties are mostly located in Germany, with the remainder in Austria, Poland, Hungary, and the Czech Republic. The company generates revenue from leasing properties to tenants, which include general retailers, consumer electronics retailers, and fashion and accessories stores. Deutsche EuroShop operates through two geographical segments: domestic, which contributes the majority of consolidated revenue, and international.

Deutsche EuroShop AG (Deutsche EuroShop AG) Headlines

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