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Deutsche Bank AG (MEX:DB N) Cyclically Adjusted Book per Share : MXN945.17 (As of Mar. 2025)


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What is Deutsche Bank 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 Bank AG's adjusted book value per share for the three months ended in Mar. 2025 was MXN911.101. 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 MXN945.17 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Deutsche Bank AG's average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.30% 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 Bank AG was 1.00% per year. The lowest was -3.70% per year. And the median was -1.45% per year.

As of today (2025-05-21), Deutsche Bank AG's current stock price is MXN536.33. Deutsche Bank AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN945.17. Deutsche Bank AG's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche Bank AG was 0.61. The lowest was 0.11. And the median was 0.24.


Deutsche Bank AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Deutsche Bank 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 Bank AG Cyclically Adjusted Book per Share Chart

Deutsche Bank AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,043.17 1,013.76 914.91 794.61 902.85

Deutsche Bank AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 749.81 831.99 920.13 902.85 945.17

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

For the Banks - Regional subindustry, Deutsche Bank 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 Bank AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Deutsche Bank 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 Bank AG's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=911.101/127.7792*127.7792
=911.101

Current CPI (Mar. 2025) = 127.7792.

Deutsche Bank AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 859.822 100.417 1,094.114
201509 842.682 100.417 1,072.304
201512 816.587 99.717 1,046.394
201603 829.391 100.017 1,059.612
201606 902.724 100.717 1,145.284
201609 933.267 101.017 1,180.518
201612 907.854 101.217 1,146.102
201703 945.739 101.417 1,191.574
201706 697.510 102.117 872.796
201709 736.424 102.717 916.105
201712 763.137 102.617 950.261
201803 722.546 102.917 897.093
201806 750.336 104.017 921.744
201809 710.858 104.718 867.409
201812 726.452 104.217 890.691
201903 718.050 104.217 880.389
201906 666.601 105.718 805.710
201909 663.363 106.018 799.527
201912 613.848 105.818 741.247
202003 773.680 105.718 935.135
202006 773.015 106.618 926.442
202009 763.195 105.818 921.590
202012 710.135 105.518 859.956
202103 721.360 107.518 857.297
202106 739.541 108.486 871.063
202109 742.484 109.435 866.946
202112 744.195 110.384 861.475
202203 710.624 113.968 796.740
202206 702.073 115.760 774.966
202209 675.019 118.818 725.930
202212 714.858 119.345 765.378
202303 678.755 122.402 708.571
202306 647.767 123.140 672.169
202309 667.237 124.195 686.495
202312 678.837 123.773 700.810
202403 676.781 125.038 691.617
202406 746.062 125.882 757.309
202409 842.202 126.198 852.756
202412 873.772 127.041 878.848
202503 911.101 127.779 911.101

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


Deutsche Bank AG  (MEX:DB N) 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 Bank AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=536.33/945.17
=0.57

* 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 Bank AG was 0.61. The lowest was 0.11. And the median was 0.24.


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 Bank AG Cyclically Adjusted Book per Share Related Terms

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


Deutsche Bank AG 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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