GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Deutsche Boerse AG (MEX:DB1 N) » Definitions » Cyclically Adjusted Book per Share

Deutsche Boerse AG (MEX:DB1 N) Cyclically Adjusted Book per Share : MXN702.94 (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is Deutsche Boerse 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 Boerse AG's adjusted book value per share for the three months ended in Mar. 2025 was MXN1,343.231. 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 MXN702.94 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Deutsche Boerse AG's average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.30% 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 Boerse AG was 14.70% per year. The lowest was 4.20% per year. And the median was 10.55% per year.

As of today (2025-07-01), Deutsche Boerse AG's current stock price is MXN4807.00. Deutsche Boerse AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN702.94. Deutsche Boerse AG's Cyclically Adjusted PB Ratio of today is 6.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche Boerse AG was 7.49. The lowest was 3.59. And the median was 5.69.


Deutsche Boerse AG Cyclically Adjusted Book per Share Historical Data

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

Deutsche Boerse 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 407.27 619.52 645.84 610.37 641.36

Deutsche Boerse 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 643.93 709.66 657.21 641.36 702.94

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

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse 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 Boerse AG's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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


;
;

Deutsche Boerse 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 Boerse 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)
=1343.231/127.7792*127.7792
=1,343.231

Current CPI (Mar. 2025) = 127.7792.

Deutsche Boerse AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 335.334 100.417 426.709
201509 349.455 100.417 444.678
201512 356.725 99.717 457.116
201603 391.640 100.017 500.351
201606 458.430 100.717 581.609
201609 498.968 101.017 631.160
201612 521.679 101.217 658.583
201703 509.691 101.417 642.180
201706 501.441 102.117 627.454
201709 546.437 102.717 679.763
201712 602.977 102.617 750.829
201803 594.414 102.917 738.008
201806 580.191 104.017 712.731
201809 573.120 104.718 699.337
201812 587.471 104.217 720.288
201903 607.934 104.217 745.378
201906 572.057 105.718 691.436
201909 653.007 106.018 787.045
201912 655.220 105.818 791.206
202003 860.172 105.718 1,039.676
202006 822.473 106.618 985.717
202009 852.126 105.818 1,028.978
202012 813.367 105.518 984.967
202103 880.889 107.518 1,046.889
202106 833.929 108.486 982.237
202109 957.234 109.435 1,117.695
202112 909.935 110.384 1,053.335
202203 938.179 113.968 1,051.871
202206 914.653 115.760 1,009.617
202209 904.802 118.818 973.043
202212 952.243 119.345 1,019.540
202303 922.487 122.402 963.009
202306 844.331 123.140 876.138
202309 892.768 124.195 918.536
202312 966.120 123.773 997.392
202403 968.269 125.038 989.496
202406 1,041.798 125.882 1,057.503
202409 1,197.490 126.198 1,212.496
202412 1,279.864 127.041 1,287.299
202503 1,343.231 127.779 1,343.231

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


Deutsche Boerse AG  (MEX:DB1 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 Boerse AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4807.00/702.94
=6.84

* 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 Boerse AG was 7.49. The lowest was 3.59. And the median was 5.69.


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 Boerse AG Cyclically Adjusted Book per Share Related Terms

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


Deutsche Boerse AG Business Description

Address
Mergenthalerallee 61, The Cube, Eschborn, Frankfurt, HE, DEU, 65760
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.

Deutsche Boerse AG Headlines

No Headlines