Deutsche Post AG (HAM:DPWA) Cyclically Adjusted PB Ratio: 3.41 (As of Jul. 06, 2026) — Near Median


HAM:DPWA Deutsche Post AG HAM:DPWA
79 GF Score
Price €27.90
GF Value €20.99
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Deutsche Post AG Cyclically Adjusted PB Ratio?

Deutsche Post AG HAM:DPWA +2.20% 79 Cyclically Adjusted PB Ratio is 3.41 as of Jul. 06, 2026, which is 1% above its 10-year median of 3.36. GuruFocus rates HAM:DPWA with a GF Score™ of 79/100 and a GF Value™ of €20.99 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 740 Transportation companies, Deutsche Post AG ranks worse than 82.7% on this metric.

As of today (2026-07-06), Deutsche Post AG's current share price is €27.90. Deutsche Post AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.19. Deutsche Post AG's Cyclically Adjusted PB Ratio for today is 3.41.

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

HAM:DPWA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 3.36   Max: 5.98
Current: 3.41

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

HAM:DPWA's Cyclically Adjusted PB Ratio is ranked worse than
82.7% of 740 companies
in the Transportation industry
Industry Median: 1.255 vs HAM:DPWA: 3.41

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 adjusted book value per share data for the three months ended in Mar. 2026 was €10.453. 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 €8.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Post AG  (HAM:DPWA) 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 Post AG Cyclically Adjusted PB Ratio Related Terms


Deutsche Post AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Deutsche Post 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.

Deutsche Post AG Cyclically Adjusted PB Ratio Chart

Deutsche Post 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 5.45 2.93 3.34 2.29 2.93

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 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 2.60 2.58 2.42 2.93 2.72

HAM:DPWA vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio 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.


HAM:DPWA
79GF Score
Deutsche Post AG HAM:DPWA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Post 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 Post AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.90/8.19
=3.41

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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)
=10.453/131.2583*131.2583
=10.453

Current CPI (Mar. 2026) = 131.2583.

Deutsche Post AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.796 100.717 4.947
201609 3.446 101.017 4.478
201612 4.576 101.217 5.934
201703 4.856 101.417 6.285
201706 4.637 102.117 5.960
201709 4.612 102.717 5.894
201712 5.161 102.617 6.601
201803 5.240 102.917 6.683
201806 4.918 104.017 6.206
201809 5.123 104.718 6.421
201812 5.511 104.217 6.941
201903 5.728 104.217 7.214
201906 4.921 105.718 6.110
201909 4.947 106.018 6.125
201912 5.713 105.818 7.087
202003 5.822 105.718 7.229
202006 5.777 106.618 7.112
202009 5.293 105.818 6.566
202012 5.559 105.518 6.915
202103 6.787 107.518 8.286
202106 6.460 108.486 7.816
202109 7.044 109.435 8.449
202112 7.778 110.384 9.249
202203 8.713 113.968 10.035
202206 8.968 115.760 10.169
202209 9.761 118.818 10.783
202212 9.692 119.345 10.659
202303 9.958 122.402 10.678
202306 9.224 123.140 9.832
202309 9.826 124.195 10.385
202312 9.515 123.773 10.090
202403 10.145 125.038 10.650
202406 9.440 125.882 9.843
202409 9.652 126.198 10.039
202412 10.316 127.041 10.658
202503 10.298 127.779 10.578
202506 9.116 128.412 9.318
202509 9.621 129.255 9.770
202512 9.929 129.361 10.075
202603 10.453 131.258 10.453

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.

What does a Cyclically Adjusted PB Ratio of 3.41 mean?
Deutsche Post AG (HAM:DPWA) has a Cyclically Adjusted PB Ratio of 3.41 as of Jul. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Deutsche Post AG and its competitors. This is near median its historical median of 3.36. Over the past decade, Deutsche Post AG's Cyclically Adjusted PB Ratio has ranged from 2.21 to 5.98. According to the industry distribution chart, Deutsche Post AG ranks #612 out of 740 companies in the Transportation industry, placing it in the top 82.7%.
Is Deutsche Post AG's Cyclically Adjusted PB Ratio too high?
Deutsche Post AG's current Cyclically Adjusted PB Ratio of 3.41 is near median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 5.98. The Transportation industry median Cyclically Adjusted PB Ratio is 1.26. Deutsche Post AG's value of 3.41 is 171.7% above this industry median. Based on the distribution chart, Deutsche Post AG ranks #612 out of 740 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Deutsche Post AG has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Post AG's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Deutsche Post AG ranks #612 out of 740 companies for Cyclically Adjusted PB Ratio. This places Deutsche Post AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Deutsche Post AG's value of 3.41 is 171.7% above this benchmark. Historically, Deutsche Post AG's own Cyclically Adjusted PB Ratio has ranged from 2.21 to 5.98 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 1.26, Deutsche Post AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.26, based on 740 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deutsche Post AG's current Cyclically Adjusted PB Ratio of 3.41 is 171.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Deutsche Post AG and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Post AG's current Cyclically Adjusted PB Ratio is 3.41, which is near median its own 10-year median of 3.36. 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 (HAM:DPWA) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.99, compared to a current price of €27.90 — trading 32.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.41, which is near median its 10-year median of 3.36 and 171.7% above the Transportation industry median of 1.26. Deutsche Post AG's overall GF Score™ is 79/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Deutsche Post AG (HAM:DPWA), the current Cyclically Adjusted PB Ratio is 3.41 as of Jul. 06, 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 (HAM:DPWA) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Post AG stock appears to be overvalued. The current stock price of €27.90 is trading 32.9% above its estimated GF Value™ of €20.99. GuruFocus considers Deutsche Post AG to be Significantly Overvalued.

Key valuation signals for HAM:DPWA:

  • Cyclically Adjusted PB Ratio: 3.41 (near median its 10-year median of 3.36)
  • GF Value™: €20.99 vs. price of €27.90 (32.9% above fair value)
  • GF Score™: 79/100 with 11 warning signs
  • Industry Position: 171.7% above the Transportation median (#612 of 740)

No single metric tells the full story. See the HAM:DPWA 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.
79GF 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.

€27.90
Price
€20.99
GF Value