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Deutsche Wohnen SE (XTER:DWNI) Cyclically Adjusted Book per Share : €32.56 (As of Sep. 2024)


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What is Deutsche Wohnen SE 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 Wohnen SE's adjusted book value per share for the three months ended in Sep. 2024 was €33.851. 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 €32.56 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Deutsche Wohnen SE's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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 Wohnen SE was 18.20% per year. The lowest was -2.30% per year. And the median was 10.10% per year.

As of today (2024-12-15), Deutsche Wohnen SE's current stock price is €24.40. Deutsche Wohnen SE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €32.56. Deutsche Wohnen SE's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche Wohnen SE was 2.95. The lowest was 0.48. And the median was 1.76.


Deutsche Wohnen SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Deutsche Wohnen SE'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 Wohnen SE Cyclically Adjusted Book per Share Chart

Deutsche Wohnen SE 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 17.76 20.28 24.26 27.82 30.59

Deutsche Wohnen SE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
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 29.31 - 30.59 31.80 32.56

Competitive Comparison of Deutsche Wohnen SE's Cyclically Adjusted Book per Share

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

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

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



Deutsche Wohnen SE 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 Wohnen SE's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=33.851/126.1978*126.1978
=33.851

Current CPI (Sep. 2024) = 126.1978.

Deutsche Wohnen SE Quarterly Data

Book Value per Share CPI Adj_Book
201312 6.284 99.356 7.982
201403 12.099 99.543 15.339
201406 6.287 99.543 7.971
201409 11.122 99.823 14.061
201412 14.296 99.543 18.124
201503 14.170 99.717 17.933
201506 17.889 100.417 22.482
201509 17.820 100.417 22.395
201512 19.510 99.717 24.691
201603 18.218 100.017 22.987
201606 20.944 100.717 26.243
201609 21.899 101.017 27.358
201612 23.603 101.217 29.428
201703 24.298 101.417 30.235
201706 24.838 102.117 30.695
201709 22.315 102.717 27.416
201712 27.880 102.617 34.287
201803 25.645 102.917 31.446
201806 28.884 104.017 35.043
201809 25.624 104.718 30.880
201812 32.377 104.217 39.206
201903 31.398 104.217 38.020
201906 32.967 105.718 39.354
201909 32.220 106.018 38.353
201912 35.567 105.818 42.417
202003 35.794 105.718 42.728
202006 35.327 106.618 41.815
202009 35.114 105.818 41.877
202012 38.980 105.518 46.620
202103 39.551 107.518 46.422
202106 38.660 108.486 44.972
202109 43.143 109.435 49.752
202112 42.141 110.384 48.178
202206 44.487 115.760 48.498
202212 41.064 119.345 43.422
202306 37.597 123.140 38.530
202309 0.000 124.195 0.000
202312 34.291 123.773 34.963
202406 33.839 125.882 33.924
202409 33.851 126.198 33.851

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


Deutsche Wohnen SE  (XTER:DWNI) 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 Wohnen SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.40/32.56
=0.75

* 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 Wohnen SE was 2.95. The lowest was 0.48. And the median was 1.76.


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 Wohnen SE Cyclically Adjusted Book per Share Related Terms

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


Deutsche Wohnen SE Business Description

Industry
Traded in Other Exchanges
Address
Mecklenburgische Strasse 57, Berlin, BB, DEU, 14197
Deutsche Wohnen SE is a holding company that manages a collection of residential real estate properties in Germany. The company operates in five segments: Rental; Value-add; Recurring Sales; Development and Care.
Executives
Tina Kleingarn Supervisory Board
Lars Urbansky Board of Directors
Michael Zahn Board of Directors
Henrik Thomsen Board of Directors

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