Deutsche Post AG (XSWX:DHL) Cyclically Adjusted Book per Share: CHF14.97 (As of Mar. 2026)


XSWX:DHL Deutsche Post AG XSWX:DHL
78 GF Score
Price CHF50.06
GF Value CHF37.66
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Deutsche Post AG Cyclically Adjusted Book per Share?

Deutsche Post AG XSWX:DHL +3.73% 78 Cyclically Adjusted Book per Share is CHF14.97 as of Mar. 2026. GuruFocus rates XSWX:DHL with a GF Score™ of 78/100 and a GF Value™ of CHF37.66 (Significantly Overvalued). The stock has 11 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 Post AG's adjusted book value per share for the three months ended in Mar. 2026 was CHF19.029. 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 CHF14.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Deutsche Post AG's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Post AG was 12.60% per year. The lowest was 2.40% per year. And the median was 7.25% per year.

As of today (2026-07-06), Deutsche Post AG's current stock price is CHF50.06. Deutsche Post AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF14.97. Deutsche Post AG's Cyclically Adjusted PB Ratio of today is 3.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche Post AG was 5.98. The lowest was 2.21. And the median was 3.36.


Deutsche Post AG  (XSWX:DHL) 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 Post AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.06/14.97
=3.34

* 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 Post AG was 5.98. The lowest was 2.21. And the median was 3.36.


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 Post AG Cyclically Adjusted Book per Share Related Terms


Deutsche Post AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

Deutsche Post 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 9.05 16.86 14.78 21.55 14.45

Deutsche Post 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 18.96 19.12 20.42 14.45 14.97

XSWX:DHL vs UPS, FDX, JBHT: Cyclically Adjusted Book per Share Comparison

For the Integrated Freight & Logistics subindustry, Deutsche Post 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 Post AG Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Post AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:DHL
78GF Score
Deutsche Post AG XSWX:DHL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Post 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 Post 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)
=19.029/131.2583*131.2583
=19.029

Current CPI (Mar. 2026) = 131.2583.

Deutsche Post AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.270 100.717 10.778
201609 7.527 101.017 9.780
201612 9.842 101.217 12.763
201703 10.402 101.417 13.463
201706 10.088 102.117 12.967
201709 10.581 102.717 13.521
201712 12.057 102.617 15.422
201803 12.250 102.917 15.623
201806 11.376 104.017 14.355
201809 11.578 104.718 14.512
201812 12.439 104.217 15.667
201903 12.951 104.217 16.311
201906 10.987 105.718 13.641
201909 10.795 106.018 13.365
201912 12.475 105.818 15.474
202003 12.343 105.718 15.325
202006 12.377 106.618 15.237
202009 11.408 105.818 14.151
202012 12.017 105.518 14.949
202103 15.025 107.518 18.343
202106 14.130 108.486 17.096
202109 15.296 109.435 18.346
202112 16.188 110.384 19.249
202203 17.837 113.968 20.543
202206 18.394 115.760 20.857
202209 18.812 118.818 20.782
202212 19.129 119.345 21.039
202303 19.735 122.402 21.163
202306 17.996 123.140 19.182
202309 18.867 124.195 19.940
202312 17.947 123.773 19.032
202403 19.598 125.038 20.573
202406 18.165 125.882 18.941
202409 18.152 126.198 18.880
202412 19.262 127.041 19.901
202503 19.674 127.779 20.210
202506 17.101 128.412 17.480
202509 17.980 129.255 18.259
202512 18.531 129.361 18.803
202603 19.029 131.258 19.029

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 CHF14.97 mean?
Deutsche Post AG (XSWX:DHL) has a Cyclically Adjusted Book per Share of CHF14.97 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 Post AG and its competitors.
Is Deutsche Post AG's Cyclically Adjusted Book per Share too high?
Deutsche Post AG's current Cyclically Adjusted Book per Share is CHF14.97. Overall, Deutsche Post AG has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Post AG's Cyclically Adjusted Book per Share compare to UPS and FDX?
Deutsche Post AG's Cyclically Adjusted Book per Share of CHF14.97 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Post AG and its competitors. Deutsche Post AG's current Cyclically Adjusted Book per Share is CHF14.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Post AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Post AG (XSWX:DHL) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF37.66, compared to a current price of CHF50.06 — trading 32.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is CHF14.97. Deutsche Post AG's overall GF Score™ is 78/100 with 11 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 Post AG (XSWX:DHL), the current Cyclically Adjusted Book per Share is CHF14.97 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 Post AG (XSWX:DHL) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Post AG stock appears to be overvalued. The current stock price of CHF50.06 is trading 32.9% above its estimated GF Value™ of CHF37.66. GuruFocus considers Deutsche Post AG to be Significantly Overvalued.

Key valuation signals for XSWX:DHL:

  • Cyclically Adjusted Book per Share: CHF14.97
  • GF Value™: CHF37.66 vs. price of CHF50.06 (32.9% above fair value)
  • GF Score™: 78/100 with 11 warning signs

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


Deutsche Post AG Business Description

Address Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the three dominant integrated global parcel-shipping providers, along with US-based FedEx and UPS. It's also a leading global third-party logistics provider in terms of air and ocean forwarding and outsourced contract logistics markets touching Europe. The DHL divisions (Express, Global Forwarding & Freight, eCommerce Solutions, and Supply Chain) generate roughly 80% of consolidated revenue. Roughly 20% comes from the Post & Parcel Germany division, which includes the legacy German postal operations and the faster growing domestic package delivery business in Germany.
78GF Score

Get the complete analysis for XSWX:DHL

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

CHF50.06
Price
CHF37.66
GF Value