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Deutsche Telekom AG (BUE:DTEA GR) Cyclically Adjusted PB Ratio : 2.57 (As of May. 22, 2024)


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What is Deutsche Telekom AG Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Deutsche Telekom AG's current share price is ARS14.20. Deutsche Telekom AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS5.52. Deutsche Telekom AG's Cyclically Adjusted PB Ratio for today is 2.57.

The historical rank and industry rank for Deutsche Telekom AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

BUE:DTEA GR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.04   Max: 2.8
Current: 2.54

During the past years, Deutsche Telekom AG's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.90. And the median was 2.04.

BUE:DTEA GR's Cyclically Adjusted PB Ratio is ranked worse than
72.38% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs BUE:DTEA GR: 2.54

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 Telekom AG's adjusted book value per share data for the three months ended in Mar. 2024 was ARS32,631.644. 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 ARS5.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Telekom AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche Telekom AG's Cyclically Adjusted PB Ratio 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 Telekom AG Cyclically Adjusted PB Ratio Chart

Deutsche Telekom AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 2.19 2.32 2.41 2.55

Deutsche Telekom AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 2.77 2.42 2.35 2.55 2.57

Competitive Comparison of Deutsche Telekom AG's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Deutsche Telekom 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 Telekom AG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Deutsche Telekom AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Deutsche Telekom AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Deutsche Telekom AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/5.52
=2.57

* 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.

Deutsche Telekom AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Deutsche Telekom AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=32631.644/125.0381*125.0381
=32,631.644

Current CPI (Mar. 2024) = 125.0381.

Deutsche Telekom AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 179.447 99.543 225.408
201409 184.401 99.823 230.981
201412 178.224 99.543 223.872
201503 175.821 99.717 220.468
201506 184.252 100.417 229.429
201509 192.926 100.417 240.230
201512 271.181 99.717 340.043
201603 314.996 100.017 393.799
201606 283.303 100.717 351.716
201609 306.753 101.017 379.697
201612 315.686 101.217 389.982
201703 320.715 101.417 395.413
201706 347.949 102.117 426.049
201709 385.731 102.717 469.553
201712 439.339 102.617 535.331
201803 504.305 102.917 612.700
201806 545.934 104.017 656.262
201809 847.259 104.718 1,011.671
201812 838.657 104.217 1,006.205
201903 810.313 104.217 972.198
201906 922.561 105.718 1,091.164
201909 1,187.258 106.018 1,400.261
201912 1,331.974 105.818 1,573.911
202003 1,349.417 105.718 1,596.031
202006 1,743.794 106.618 2,045.068
202009 1,930.997 105.818 2,281.739
202012 2,249.227 105.518 2,665.329
202103 2,626.575 107.518 3,054.579
202106 2,634.699 108.486 3,036.690
202109 2,843.925 109.435 3,249.417
202112 2,938.635 110.384 3,328.770
202203 3,434.065 113.968 3,767.624
202206 3,683.468 115.760 3,978.682
202209 4,268.979 118.818 4,492.467
202212 5,202.600 119.345 5,450.784
202303 7,980.116 122.402 8,151.952
202306 9,355.992 123.140 9,500.176
202309 13,962.992 124.195 14,057.825
202312 13,503.712 123.773 13,641.746
202403 32,631.644 125.038 32,631.644

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


Deutsche Telekom AG  (BUE:DTEA GR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Deutsche Telekom AG Cyclically Adjusted PB Ratio Related Terms

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


Deutsche Telekom AG (BUE:DTEA GR) Business Description

Address
Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is the incumbent telecom operator in Germany and remains the dominant player in both mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom also has operations in several Central European countries and holds an IT arm (Systems Solutions).

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