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Deutz AG (XTER:DEZ) Cyclically Adjusted PB Ratio : 0.98 (As of May. 10, 2024)


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What is Deutz AG Cyclically Adjusted PB Ratio?

As of today (2024-05-10), Deutz AG's current share price is €5.365. Deutz AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.47. Deutz AG's Cyclically Adjusted PB Ratio for today is 0.98.

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

XTER:DEZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.15   Max: 2.13
Current: 1.01

During the past years, Deutz AG's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 0.61. And the median was 1.15.

XTER:DEZ's Cyclically Adjusted PB Ratio is ranked better than
72.78% of 2039 companies
in the Industrial Products industry
Industry Median: 1.81 vs XTER:DEZ: 1.01

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.

Deutz AG's adjusted book value per share data for the three months ended in Dec. 2023 was €5.892. 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 €5.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutz AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutz 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.

Deutz AG Cyclically Adjusted PB Ratio Chart

Deutz AG 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 1.29 1.15 1.39 0.78 0.88

Deutz AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.78 1.12 1.00 0.76 0.88

Competitive Comparison of Deutz AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Deutz 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.


Deutz AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Deutz AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Deutz 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.365/5.47
=0.98

* 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.

Deutz AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deutz AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.892/123.6675*123.6675
=5.892

Current CPI (Dec. 2023) = 123.6675.

Deutz AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.919 99.543 4.869
201406 3.853 99.543 4.787
201409 3.905 99.823 4.838
201412 4.019 99.543 4.993
201503 4.123 99.717 5.113
201506 4.204 100.417 5.177
201509 4.073 100.417 5.016
201512 4.058 99.717 5.033
201603 4.062 100.017 5.023
201606 4.054 100.717 4.978
201609 4.030 101.017 4.934
201612 3.955 101.217 4.832
201703 4.197 101.417 5.118
201706 4.140 102.117 5.014
201709 4.130 102.717 4.972
201712 4.833 102.617 5.824
201803 5.098 102.917 6.126
201806 4.881 104.017 5.803
201809 4.974 104.718 5.874
201812 5.121 104.217 6.077
201903 5.301 104.217 6.290
201906 5.324 105.718 6.228
201909 5.380 106.018 6.276
201912 5.396 105.818 6.306
202003 5.310 105.718 6.212
202006 4.933 106.618 5.722
202009 4.481 105.818 5.237
202012 4.427 105.518 5.188
202103 4.451 107.518 5.120
202106 4.591 108.486 5.233
202109 4.692 109.435 5.302
202112 4.868 110.384 5.454
202203 4.975 113.968 5.398
202206 5.136 115.760 5.487
202209 5.319 118.818 5.536
202212 5.534 119.345 5.734
202303 5.908 122.402 5.969
202306 5.893 123.140 5.918
202309 5.849 124.195 5.824
202312 5.892 123.668 5.892

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.


Deutz AG  (XTER:DEZ) 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.


Deutz AG Cyclically Adjusted PB Ratio Related Terms

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


Deutz AG (XTER:DEZ) Business Description

Industry
Traded in Other Exchanges
Address
Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149
Deutz AG is an independent diesel engine manufacturer based in Germany. The company engages in customized and compact diesel engines that are cooled by water, oil, or air. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the Rest of Europe.
Executives
Dr. Sebastian C. Schulte Board of Directors
Timo Krutoff Board of Directors

Deutz AG (XTER:DEZ) Headlines

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