DEMIRE Deutsche Mittelstand Real Estate AG (CHIX:DMRED) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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CHIX:DMRED DEMIRE Deutsche Mittelstand Real Estate AG CHIX:DMRED
35 GF Score
Price €4.43
GF Value €6.36
! 7 Warning Signs
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What is DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


DEMIRE Deutsche Mittelstand Real Estate AG  (CHIX:DMREd) 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.


DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PB Ratio Related Terms


DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DEMIRE Deutsche Mittelstand Real Estate 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.

DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PB Ratio Chart

DEMIRE Deutsche Mittelstand Real Estate AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.64 0.69

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.64 0.64 0.66 0.67 0.68

CHIX:DMRED vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate 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.


DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted PB Ratio falls into.


CHIX:DMRED
35GF Score
DEMIRE Deutsche Mittelstand Real Estate AG CHIX:DMRED
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DEMIRE Deutsche Mittelstand Real Estate 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.

DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, DEMIRE Deutsche Mittelstand Real Estate AG's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.943/131.3638*131.3638
=1.943

Current CPI (Jun. 2026) = 131.3638.

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.468 101.017 8.411
201612 6.848 101.217 8.888
201703 6.853 101.417 8.877
201706 6.921 102.117 8.903
201709 7.012 102.717 8.968
201712 7.206 102.617 9.225
201803 7.690 102.917 9.816
201806 6.594 104.017 8.328
201809 6.610 104.718 8.292
201812 6.082 104.217 7.666
201903 6.151 104.217 7.753
201906 6.404 105.718 7.958
201909 6.431 106.018 7.968
201912 6.861 105.818 8.517
202003 6.923 105.718 8.602
202006 6.931 106.618 8.540
202009 6.487 105.818 8.053
202012 6.400 105.518 7.968
202103 6.646 107.518 8.120
202106 6.058 108.486 7.336
202109 6.159 109.435 7.393
202112 6.400 110.384 7.616
202203 6.484 113.968 7.474
202206 6.219 115.760 7.057
202209 6.304 118.818 6.970
202212 5.374 119.345 5.915
202303 5.206 122.402 5.587
202306 4.895 123.140 5.222
202309 4.880 124.195 5.162
202312 3.841 123.773 4.077
202403 3.808 125.038 4.001
202406 3.558 125.882 3.713
202409 3.612 126.198 3.760
202412 2.966 127.041 3.067
202503 2.829 127.779 2.908
202506 2.511 128.412 2.569
202509 2.381 129.255 2.420
202512 2.079 129.361 2.111
202603 2.003 131.258 2.005
202606 1.943 131.364 1.943

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.

Is DEMIRE Deutsche Mittelstand Real Estate AG (CHIX:DMRED) Overvalued in 2026?

Based on GuruFocus' analysis, DEMIRE Deutsche Mittelstand Real Estate AG stock appears to be undervalued. The current stock price of €4.43 is trading 30.3% below its estimated GF Value™ of €6.36.

Key valuation signals for CHIX:DMRED:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €6.36 vs. price of €4.43 (30.3% below fair value)
  • GF Score™: 35/100 with 7 warning signs

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


DEMIRE Deutsche Mittelstand Real Estate AG Business Description

Other Exchanges 0KG2:UKDMRE:Germany
Address Robert-Bosch-Strasse 11, Langen, Frankfurt, DEU, D-63225
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.
35GF Score

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

€4.43
Price
€6.36
GF Value