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DLB Anlageservice AG (STU:DLB) Cyclically Adjusted PS Ratio : 13.56 (As of May. 26, 2024)


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What is DLB Anlageservice AG Cyclically Adjusted PS Ratio?

As of today (2024-05-26), DLB Anlageservice AG's current share price is €14.10. DLB Anlageservice AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was €1.04. DLB Anlageservice AG's Cyclically Adjusted PS Ratio for today is 13.56.

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

STU:DLB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.51   Med: 15.61   Max: 22.59
Current: 13.51

During the past 13 years, DLB Anlageservice AG's highest Cyclically Adjusted PS Ratio was 22.59. The lowest was 9.51. And the median was 15.61.

STU:DLB's Cyclically Adjusted PS Ratio is ranked worse than
77.1% of 869 companies
in the Asset Management industry
Industry Median: 7.56 vs STU:DLB: 13.51

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

DLB Anlageservice AG's adjusted revenue per share data of for the fiscal year that ended in Dec22 was €0.400. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €1.04 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


DLB Anlageservice AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DLB Anlageservice AG's Cyclically Adjusted PS 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.

DLB Anlageservice AG Cyclically Adjusted PS Ratio Chart

DLB Anlageservice AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.87 16.48 17.92 19.33 13.89

DLB Anlageservice AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS 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 11.87 16.48 17.92 19.33 13.89

Competitive Comparison of DLB Anlageservice AG's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, DLB Anlageservice AG's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


DLB Anlageservice AG's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DLB Anlageservice AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where DLB Anlageservice AG's Cyclically Adjusted PS Ratio falls into.



DLB Anlageservice AG Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

DLB Anlageservice AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.10/1.04
=13.56

* 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.

DLB Anlageservice AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, DLB Anlageservice AG's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.4/119.3449*119.3449
=0.400

Current CPI (Dec22) = 119.3449.

DLB Anlageservice AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.723 99.356 0.868
201412 0.443 99.543 0.531
201512 1.766 99.717 2.114
201612 0.660 101.217 0.778
201712 2.124 102.617 2.470
201812 1.016 104.217 1.163
201912 0.662 105.818 0.747
202012 0.314 105.518 0.355
202112 0.937 110.384 1.013
202212 0.400 119.345 0.400

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


DLB Anlageservice AG  (STU:DLB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


DLB Anlageservice AG Cyclically Adjusted PS Ratio Related Terms

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DLB Anlageservice AG (STU:DLB) Business Description

Traded in Other Exchanges
N/A
Address
Gogel 3, PO Box 11 44, Steingaden, DEU, D-86989
DLB Anlageservice AG is an investment company operating in Germany.
Executives
Michael Höfer Board of Directors

DLB Anlageservice AG (STU:DLB) Headlines