DHRPY (Deutsche EuroShop AG) Cyclically Adjusted Book per Share: $10.00 (As of Mar. 2026)


DHRPY Deutsche EuroShop AG DHRPY
68 GF Score
Price $5.06
GF Value $5.26
Valuation Fairly Valued
! 5 Warning Signs
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What is Deutsche EuroShop AG Cyclically Adjusted Book per Share?

Deutsche EuroShop AG DHRPY 68 Cyclically Adjusted Book per Share is $10.00 as of Mar. 2026. GuruFocus rates DHRPY with a GF Score™ of 68/100 and a GF Value™ of $5.26 (Fairly Valued). The stock has 5 warning signs investors should review.

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. 2026 was $7.364. 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 $10.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Deutsche EuroShop AG's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% 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 0.70% per year. And the median was 4.40% per year.

As of today (2026-07-07), Deutsche EuroShop AG's current stock price is $5.06. Deutsche EuroShop AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $10.00. Deutsche EuroShop AG's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche EuroShop AG was 1.37. The lowest was 0.30. And the median was 0.57.


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
=5.06/10.00
=0.51

* 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 1.37. The lowest was 0.30. And the median was 0.57.


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


Deutsche EuroShop AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Deutsche EuroShop AG Cyclically Adjusted Book per Share Chart

Deutsche EuroShop AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.92 9.12 9.18 11.16 10.86

Deutsche EuroShop AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.05 9.83 11.19 10.86 10.00

DHRPY vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


DHRPY
68GF Score
Deutsche EuroShop AG DHRPY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.364/131.2583*131.2583
=7.364

Current CPI (Mar. 2026) = 131.2583.

Deutsche EuroShop AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.947 100.717 11.660
201609 9.056 101.017 11.767
201612 9.257 101.217 12.004
201703 9.544 101.417 12.352
201706 9.783 102.117 12.575
201709 10.519 102.717 13.442
201712 10.588 102.617 13.543
201803 11.188 102.917 14.269
201806 10.298 104.017 12.995
201809 10.420 104.718 13.061
201812 10.144 104.217 12.776
201903 10.248 104.217 12.907
201906 9.947 105.718 12.350
201909 9.825 106.018 12.164
201912 9.995 105.818 12.398
202003 10.070 105.718 12.503
202006 9.562 106.618 11.772
202009 10.119 105.818 12.552
202012 9.745 105.518 12.122
202103 9.634 107.518 11.761
202106 9.812 108.486 11.872
202109 9.622 109.435 11.541
202112 9.321 110.384 11.084
202203 9.214 113.968 10.612
202206 8.951 115.760 10.149
202209 8.229 118.818 9.091
202212 8.626 119.345 9.487
202303 8.320 122.402 8.922
202306 8.460 123.140 9.018
202309 7.777 124.195 8.219
202312 7.558 123.773 8.015
202403 7.129 125.038 7.484
202406 7.166 125.882 7.472
202409 6.750 126.198 7.021
202412 6.513 127.041 6.729
202503 6.839 127.779 7.025
202506 6.680 128.412 6.828
202509 6.895 129.255 7.002
202512 7.349 129.361 7.457
202603 7.364 131.258 7.364

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

What does a Cyclically Adjusted Book per Share of $10.00 mean?
Deutsche EuroShop AG (DHRPY) has a Cyclically Adjusted Book per Share of $10.00 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Deutsche EuroShop AG and its competitors.
Is Deutsche EuroShop AG's Cyclically Adjusted Book per Share too high?
Deutsche EuroShop AG's current Cyclically Adjusted Book per Share is $10.00. Overall, Deutsche EuroShop AG has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche EuroShop AG's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Deutsche EuroShop AG's Cyclically Adjusted Book per Share of $10.00 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Deutsche EuroShop AG and its competitors. Deutsche EuroShop AG's current Cyclically Adjusted Book per Share is $10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche EuroShop AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche EuroShop AG (DHRPY) is currently considered Fairly Valued. The stock's GF Value™ is $5.26, compared to a current price of $5.06 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is $10.00. Deutsche EuroShop AG's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Deutsche EuroShop AG (DHRPY), the current Cyclically Adjusted Book per Share is $10.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Deutsche EuroShop AG (DHRPY) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche EuroShop AG stock appears to be undervalued. The current stock price of $5.06 is trading 3.8% below its estimated GF Value™ of $5.26. GuruFocus considers Deutsche EuroShop AG to be Fairly Valued.

Key valuation signals for DHRPY:

  • Cyclically Adjusted Book per Share: $10.00
  • GF Value™: $5.26 vs. price of $5.06 (3.8% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the DHRPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deutsche EuroShop AG Business Description

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 abroad.
68GF Score

Get the complete analysis for DHRPY

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.06
Price
$5.26
GF Value