Deutsche EuroShop SE (LTS:0I3Z) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 23, 2026) — 12% Below Median

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LTS:0I3Z Deutsche EuroShop SE LTS:0I3Z
61 GF Score
Price €18.47
GF Value €19.41
Valuation Fairly Valued
! 4 Warning Signs
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What is Deutsche EuroShop SE Cyclically Adjusted PB Ratio?

Deutsche EuroShop SE LTS:0I3Z +0.38% 61 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 23, 2026, which is 12% below its 10-year median of 0.57. GuruFocus rates LTS:0I3Z with a GF Score™ of 61/100 and a GF Value™ of €19.41 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,352 Real Estate companies, Deutsche EuroShop SE ranks better than 59.99% on this metric.

As of today (2026-08-23), Deutsche EuroShop SE's current share price is €18.47. Deutsche EuroShop SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €37.19. Deutsche EuroShop SE's Cyclically Adjusted PB Ratio for today is 0.50.

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

LTS:0I3Z' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.57   Max: 1.37
Current: 0.51

During the past years, Deutsche EuroShop SE's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.30. And the median was 0.57.

LTS:0I3Z's Cyclically Adjusted PB Ratio is ranked better than
59.99% of 1352 companies
in the Real Estate industry
Industry Median: 0.675 vs LTS:0I3Z: 0.51

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 SE's adjusted book value per share data for the three months ended in Jun. 2026 was €25.044. 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 €37.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche EuroShop SE  (LTS:0I3Z) 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 SE Cyclically Adjusted PB Ratio Related Terms


Deutsche EuroShop SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

Deutsche EuroShop SE 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 0.43 0.59 0.59 0.48 0.50

Deutsche EuroShop SE 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 0.55 0.48 0.50 0.54 0.47

LTS:0I3Z vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Deutsche EuroShop 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 EuroShop SE Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


LTS:0I3Z
61GF Score
Deutsche EuroShop SE LTS:0I3Z
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.47/37.19
=0.50

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

For example, Deutsche EuroShop SE'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)
=25.044/131.3638*131.3638
=25.044

Current CPI (Jun. 2026) = 131.3638.

Deutsche EuroShop SE Quarterly Data

Book Value per Share CPI Adj_Book
201609 32.277 101.017 41.974
201612 35.103 101.217 45.558
201703 35.696 101.417 46.236
201706 34.829 102.117 44.804
201709 35.303 102.717 45.149
201712 35.787 102.617 45.812
201803 36.294 102.917 46.326
201806 35.259 104.017 44.529
201809 35.719 104.718 44.808
201812 35.665 104.217 44.955
201903 36.277 104.217 45.726
201906 35.214 105.718 43.757
201909 35.684 106.018 44.215
201912 35.982 105.818 44.669
202003 36.453 105.718 45.296
202006 33.964 106.618 41.847
202009 34.363 105.818 42.659
202012 32.042 105.518 39.891
202103 32.368 107.518 39.547
202106 32.577 108.486 39.447
202109 32.714 109.435 39.269
202112 32.996 110.384 39.267
202203 33.465 113.968 38.573
202206 33.869 115.760 38.434
202209 33.244 118.818 36.754
202212 32.570 119.345 35.850
202303 31.084 122.402 33.360
202306 31.235 123.140 33.321
202309 29.148 124.195 30.831
202312 27.724 123.773 29.424
202403 26.235 125.038 27.562
202406 26.629 125.882 27.789
202409 24.327 126.198 25.323
202412 24.880 127.041 25.727
202503 25.305 127.779 26.015
202506 23.165 128.412 23.698
202509 23.499 129.255 23.882
202512 25.104 129.361 25.493
202603 25.479 131.258 25.499
202606 25.044 131.364 25.044

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 0.50 mean?
Deutsche EuroShop SE (LTS:0I3Z) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 23, 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 EuroShop SE and its competitors. This is 12% below median its historical median of 0.57. Over the past decade, Deutsche EuroShop SE's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.37. According to the industry distribution chart, Deutsche EuroShop SE ranks #541 out of 1352 companies in the Real Estate industry, placing it in the top 40%.
Is Deutsche EuroShop SE's Cyclically Adjusted PB Ratio too high?
Deutsche EuroShop SE's current Cyclically Adjusted PB Ratio of 0.50 is 12% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.37. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Deutsche EuroShop SE's value of 0.50 is 25.9% below this industry median. Based on the distribution chart, Deutsche EuroShop SE ranks #541 out of 1352 companies in the Real Estate industry, which is above the industry midpoint. Overall, Deutsche EuroShop SE has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deutsche EuroShop SE's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Deutsche EuroShop SE ranks #541 out of 1352 companies for Cyclically Adjusted PB Ratio. This puts Deutsche EuroShop SE in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Deutsche EuroShop SE's value of 0.50 is 25.9% below this benchmark. Historically, Deutsche EuroShop SE's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.37 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.68, Deutsche EuroShop SE has consistently been below 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,352 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 EuroShop SE's current Cyclically Adjusted PB Ratio of 0.50 is 25.9% below 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 EuroShop SE and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche EuroShop SE's current Cyclically Adjusted PB Ratio is 0.50, which is 12% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche EuroShop SE stock overvalued right now?
Based on GuruFocus' analysis, Deutsche EuroShop SE (LTS:0I3Z) is currently considered Fairly Valued. The stock's GF Value™ is €19.41, compared to a current price of €18.47 — trading 4.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 12% below median its 10-year median of 0.57 and 25.9% below the Real Estate industry median of 0.68. Deutsche EuroShop SE's overall GF Score™ is 61/100 with 4 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 EuroShop SE (LTS:0I3Z), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 23, 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 EuroShop SE (LTS:0I3Z) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche EuroShop SE stock appears to be undervalued. The current stock price of €18.47 is trading 4.8% below its estimated GF Value™ of €19.41. GuruFocus considers Deutsche EuroShop SE to be Fairly Valued.

Key valuation signals for LTS:0I3Z:

  • Cyclically Adjusted PB Ratio: 0.50 (12% below median its 10-year median of 0.57)
  • GF Value™: €19.41 vs. price of €18.47 (4.8% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 25.9% below the Real Estate median (#541 of 1352)

No single metric tells the full story. See the LTS:0I3Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deutsche EuroShop SE Business Description

Other Exchanges 1DEQ:ItalyDEQ:Germany
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 abroad.
61GF Score

Get the complete analysis for LTS:0I3Z

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

€18.47
Price
€19.41
GF Value