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Deutsche Bank AG (XPRA:DBK) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 02, 2025)


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What is Deutsche Bank AG Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Deutsche Bank AG's current share price is Kč609.00. Deutsche Bank AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was Kč1,024.34. Deutsche Bank AG's Cyclically Adjusted PB Ratio for today is 0.59.

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

XPRA:DBK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.24   Max: 0.6
Current: 0.59

During the past years, Deutsche Bank AG's highest Cyclically Adjusted PB Ratio was 0.60. The lowest was 0.11. And the median was 0.24.

XPRA:DBK's Cyclically Adjusted PB Ratio is ranked better than
79.52% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs XPRA:DBK: 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 Bank AG's adjusted book value per share data for the three months ended in Mar. 2025 was Kč1,030.422. 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 Kč1,024.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Bank AG Cyclically Adjusted PB Ratio Historical Data

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

Deutsche Bank AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.26 0.24 0.29 0.40

Deutsche Bank AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.34 0.35 0.37 0.40 0.52

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

For the Banks - Regional subindustry, Deutsche Bank 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 Bank AG's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Deutsche Bank AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=609.00/1024.34
=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 Bank AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Deutsche Bank AG's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1030.422/127.7792*127.7792
=1,030.422

Current CPI (Mar. 2025) = 127.7792.

Deutsche Bank AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,334.695 100.417 1,698.385
201509 1,203.836 100.417 1,531.869
201512 1,180.031 99.717 1,512.120
201603 1,173.928 100.017 1,499.785
201606 1,176.397 100.717 1,492.492
201609 1,163.277 101.017 1,471.464
201612 1,129.520 101.217 1,425.939
201703 1,270.359 101.417 1,600.576
201706 902.524 102.117 1,129.330
201709 888.080 102.717 1,104.764
201712 842.181 102.617 1,048.687
201803 819.934 102.917 1,018.008
201806 842.922 104.017 1,035.481
201809 834.498 104.718 1,018.278
201812 839.440 104.217 1,029.223
201903 840.863 104.217 1,030.968
201906 786.643 105.718 950.803
201909 789.867 106.018 951.997
201912 747.231 105.818 902.313
202003 793.308 105.718 958.859
202006 793.924 106.618 951.501
202009 783.541 105.818 946.159
202012 772.178 105.518 935.088
202103 776.449 107.518 922.768
202106 785.070 108.486 924.689
202109 778.882 109.435 909.446
202112 810.360 110.384 938.067
202203 810.130 113.968 908.305
202206 816.604 115.760 901.388
202209 832.685 118.818 895.487
202212 840.288 119.345 899.673
202303 833.079 122.402 869.674
202306 825.967 123.140 857.082
202309 874.575 124.195 899.818
202312 897.531 123.773 926.582
202403 948.866 125.038 969.667
202406 937.953 125.882 952.093
202409 966.587 126.198 978.699
202412 1,005.977 127.041 1,011.821
202503 1,030.422 127.779 1,030.422

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 Bank AG  (XPRA:DBK) 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 Bank AG Cyclically Adjusted PB Ratio Related Terms

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


Deutsche Bank AG Business Description

Industry
Address
Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325
Deutsche Bank is a universal bank operating on a global scale. The bank offers corporate, retail, investment banking, private banking, and asset management to its clients.

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