Deutsche Rohstoff AG (XTER:DR0) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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XTER:DR0 Deutsche Rohstoff AG XTER:DR0
66 GF Score
Price €90.80
GF Value €38.53
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Deutsche Rohstoff AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Rohstoff AG  (XTER:DR0) 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 Rohstoff AG Cyclically Adjusted PB Ratio Related Terms


Deutsche Rohstoff AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Deutsche Rohstoff 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.

Deutsche Rohstoff AG Cyclically Adjusted PB Ratio Chart

Deutsche Rohstoff AG 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 1.57 1.68 1.72 1.41 1.88

Deutsche Rohstoff AG 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 1.68 2.05 1.88 3.65 3.01

XTER:DR0 vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Deutsche Rohstoff 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 Rohstoff AG Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Deutsche Rohstoff AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTER:DR0
66GF Score
Deutsche Rohstoff AG XTER:DR0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Rohstoff 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 Rohstoff AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Deutsche Rohstoff AG's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=46.009/129.3606*129.3606
=46.009

Current CPI (Dec25) = 129.3606.

Deutsche Rohstoff AG Annual Data

Book Value per Share CPI Adj_Book
201612 13.398 101.217 17.123
201712 11.484 102.617 14.477
201812 14.961 104.217 18.570
201912 14.433 105.818 17.644
202012 9.203 105.518 11.283
202112 16.164 110.384 18.943
202212 26.457 119.345 28.677
202312 37.455 123.773 39.146
202412 48.503 127.041 49.389
202512 46.009 129.361 46.009

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.

Is Deutsche Rohstoff AG (XTER:DR0) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Rohstoff AG stock appears to be overvalued. The current stock price of €90.80 is trading 135.7% above its estimated GF Value™ of €38.53. GuruFocus considers Deutsche Rohstoff AG to be Significantly Overvalued.

Key valuation signals for XTER:DR0:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €38.53 vs. price of €90.80 (135.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the XTER:DR0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deutsche Rohstoff AG Business Description

Industry EnergyOil & Gas
Other Exchanges 1DR:ItalyDR0d:UK0W2J:UK
Address Q7, 24, Mannheim, BW, DEU, 68161
Deutsche Rohstoff AG is a German natural resources holding company. The core focus of the portfolio is on U.S oil and gas production. The company maintains private and public investments in the metals and mining space with a focus on strategic and battery metals. It leverages the opportunities of the resource markets and the experience and strengths of world-wide teams to deliver sustainably high returns for shareholders. In addition, it also invests in companies. The goal is to build an economically successful resource production and investment company designed for long-term success. Energy and metals are essential resources to support living standards and improve living standards world-wide. It has completed over 100 wells and built up production of over 14,700 barrels of oil.
66GF Score

Get the complete analysis for XTER:DR0

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

€90.80
Price
€38.53
GF Value