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Deutsche Wohnen SE (MEX:DWNI) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 24, 2024)


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What is Deutsche Wohnen SE Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Deutsche Wohnen SE's current share price is MXN1271.42. Deutsche Wohnen SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was MXN1,763.85. Deutsche Wohnen SE's Cyclically Adjusted PB Ratio for today is 0.72.

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

MEX:DWNI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 2.04   Max: 2.95
Current: 0.6

During the past years, Deutsche Wohnen SE's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.58. And the median was 2.04.

MEX:DWNI's Cyclically Adjusted PB Ratio is ranked better than
54.46% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs MEX:DWNI: 0.60

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 Wohnen SE's adjusted book value per share data for the three months ended in Jun. 2023 was MXN698.332. 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 MXN1,763.85 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Wohnen SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche Wohnen 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.

* Premium members only.

Deutsche Wohnen SE Cyclically Adjusted PB Ratio Chart

Deutsche Wohnen SE 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 2.04 2.15 1.52 0.72 -

Deutsche Wohnen SE Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.52 0.85 0.72 0.72 -

Competitive Comparison of Deutsche Wohnen SE's Cyclically Adjusted PB Ratio

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

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1271.42/1763.85
=0.72

* 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 Wohnen SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Deutsche Wohnen SE's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=698.332/123.1404*123.1404
=698.332

Current CPI (Jun. 2023) = 123.1404.

Deutsche Wohnen SE Quarterly Data

Book Value per Share CPI Adj_Book
201212 89.198 97.957 112.130
201303 86.847 98.516 108.554
201306 94.485 98.516 118.101
201309 97.766 98.983 121.627
201312 112.756 99.356 139.748
201403 114.455 99.543 141.588
201406 110.795 99.543 137.060
201409 209.825 99.823 258.839
201412 260.010 99.543 321.649
201503 236.710 99.717 292.314
201506 315.013 100.417 386.299
201509 337.965 100.417 414.444
201512 365.431 99.717 451.272
201603 383.090 100.017 471.660
201606 435.195 100.717 532.087
201609 454.154 101.017 553.618
201612 513.319 101.217 624.503
201703 480.759 101.417 583.738
201706 504.471 102.117 608.329
201709 539.266 102.717 646.489
201712 647.995 102.617 777.593
201803 631.078 102.917 755.085
201806 663.034 104.017 784.930
201809 638.071 104.718 750.327
201812 723.237 104.217 854.557
201903 713.894 104.217 843.517
201906 715.553 105.718 833.480
201909 718.134 106.018 834.118
201912 745.320 105.818 867.332
202003 936.610 105.718 1,090.968
202006 918.278 106.618 1,060.584
202009 923.193 105.818 1,074.324
202012 943.292 105.518 1,100.834
202103 962.444 107.518 1,102.288
202106 927.196 108.486 1,052.445
202109 992.636 109.435 1,116.955
202112 976.818 110.384 1,089.708
202206 946.086 115.760 1,006.401
202212 848.069 119.345 875.040
202306 698.332 123.140 698.332

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 Wohnen SE  (MEX:DWNI) 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 Wohnen SE Cyclically Adjusted PB Ratio Related Terms

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


Deutsche Wohnen SE (MEX:DWNI) Business Description

Address
Mecklenburgische Strasse 57, Berlin, BB, DEU, 14197
Deutsche Wohnen SE is a holding company that manages a collection of residential real estate properties in Germany. The company operates in five segments: Rental; Value-add; Recurring Sales; Development and Care.

Deutsche Wohnen SE (MEX:DWNI) Headlines

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