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DHRPY (Deutsche EuroShop AG) Cyclically Adjusted PB Ratio : 0.59 (As of Sep. 21, 2024)


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What is Deutsche EuroShop AG Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Deutsche EuroShop AG's current share price is $5.40. Deutsche EuroShop AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $9.22. Deutsche EuroShop AG's Cyclically Adjusted PB Ratio for today is 0.59.

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

DHRPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.59   Max: 1.19
Current: 0.59

During the past years, Deutsche EuroShop AG's highest Cyclically Adjusted PB Ratio was 1.19. The lowest was 0.30. And the median was 0.59.

DHRPY's Cyclically Adjusted PB Ratio is ranked better than
53.3% of 1304 companies
in the Real Estate industry
Industry Median: 0.645 vs DHRPY: 0.59

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 EuroShop AG's adjusted book value per share data for the three months ended in Jun. 2024 was $7.166. 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 $9.22 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche EuroShop AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche EuroShop 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 EuroShop AG Cyclically Adjusted PB Ratio Chart

Deutsche EuroShop 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 0.85 0.58 0.43 0.59 0.59

Deutsche EuroShop AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.55 0.47 0.59 0.49 0.59

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

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

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.40/9.22
=0.59

* 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 EuroShop AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.166/125.8815*125.8815
=7.166

Current CPI (Jun. 2024) = 125.8815.

Deutsche EuroShop AG Quarterly Data

Book Value per Share CPI Adj_Book
201409 8.385 99.823 10.574
201412 8.608 99.543 10.886
201503 7.667 99.717 9.679
201506 7.756 100.417 9.723
201509 7.871 100.417 9.867
201512 8.820 99.717 11.134
201603 9.124 100.017 11.484
201606 8.947 100.717 11.182
201609 9.056 101.017 11.285
201612 9.257 101.217 11.513
201703 9.544 101.417 11.846
201706 9.783 102.117 12.060
201709 10.519 102.717 12.891
201712 10.588 102.617 12.988
201803 11.188 102.917 13.684
201806 10.298 104.017 12.463
201809 10.420 104.718 12.526
201812 10.144 104.217 12.253
201903 10.248 104.217 12.378
201906 9.947 105.718 11.844
201909 9.825 106.018 11.666
201912 9.995 105.818 11.890
202003 10.070 105.718 11.991
202006 9.562 106.618 11.290
202009 10.119 105.818 12.038
202012 9.745 105.518 11.626
202103 9.634 107.518 11.279
202106 9.812 108.486 11.385
202109 9.622 109.435 11.068
202112 9.321 110.384 10.630
202203 9.214 113.968 10.177
202206 8.951 115.760 9.734
202209 8.229 118.818 8.718
202212 8.626 119.345 9.098
202303 8.320 122.402 8.556
202306 8.460 123.140 8.648
202309 7.777 124.195 7.883
202312 7.558 123.773 7.687
202403 7.129 125.038 7.177
202406 7.166 125.882 7.166

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 EuroShop AG  (OTCPK:DHRPY) 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 EuroShop AG Cyclically Adjusted PB Ratio Related Terms

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


Deutsche EuroShop AG Business Description

Traded in Other Exchanges
Address
Heegbarg 36, Hamburg, DEU, 22391
Deutsche EuroShop AG is a German real estate investment firm that invests in shopping centers. The company's properties are mostly located in Germany, with the remainder in Austria, Poland, Hungary, and the Czech Republic. The company generates revenue from leasing properties to tenants, which include general retailers, consumer electronics retailers, and fashion and accessories stores. Deutsche EuroShop operates through two geographical segments: domestic, which contributes the majority of consolidated revenue, and international.

Deutsche EuroShop AG Headlines

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