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Deutsche Postbank AG (XSWX:DPB) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Deutsche Postbank AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Postbank AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche Postbank 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.

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Deutsche Postbank AG Cyclically Adjusted PB Ratio Chart

Deutsche Postbank AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Deutsche Postbank AG Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
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Competitive Comparison of Deutsche Postbank AG's Cyclically Adjusted PB Ratio

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

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

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



Deutsche Postbank 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 Postbank AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec16 is calculated as:

For example, Deutsche Postbank AG's adjusted Book Value per Share data for the fiscal year that ended in Dec16 was:

Adj_Book=Book Value per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=14.356/101.2169*101.2169
=14.356

Current CPI (Dec16) = 101.2169.

Deutsche Postbank AG Annual Data

Book Value per Share CPI Adj_Book
200712 52.857 91.146 58.697
200812 34.857 92.173 38.277
200912 36.010 92.919 39.226
201012 32.937 94.132 35.416
201112 32.023 95.998 33.764
201212 15.141 97.957 15.645
201312 15.324 99.356 15.611
201412 15.060 99.543 15.313
201512 13.575 99.717 13.779
201612 14.356 101.217 14.356

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 Postbank AG  (XSWX:DPB) 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 Postbank AG Cyclically Adjusted PB Ratio Related Terms

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Deutsche Postbank AG (XSWX:DPB) Business Description

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Address
Deutsche Postbank AG is a financial service provider. It focuses on business with private customers and with small and medium-sized companies. It offers simple, low-cost products for day-to-day needs to its private customers. Its products and services range from payment transactions and deposit and lending business to bonds, investment funds, insurance policies and home savings contracts. The company's customers include self-employed professionals, freelancers, business proprietors, associations and condominium owners' associations.

Deutsche Postbank AG (XSWX:DPB) Headlines

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