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Deutsche Beteiligungs AG (WBO:DBAN) Cyclically Adjusted PS Ratio : 4.12 (As of Jun. 03, 2025)


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What is Deutsche Beteiligungs AG Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Deutsche Beteiligungs AG's current share price is €24.85. Deutsche Beteiligungs AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €6.03. Deutsche Beteiligungs AG's Cyclically Adjusted PS Ratio for today is 4.12.

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

WBO:DBAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.7   Med: 6.6   Max: 11.13
Current: 4.23

During the past years, Deutsche Beteiligungs AG's highest Cyclically Adjusted PS Ratio was 11.13. The lowest was 3.70. And the median was 6.60.

WBO:DBAN's Cyclically Adjusted PS Ratio is ranked better than
68.99% of 861 companies
in the Asset Management industry
Industry Median: 8.22 vs WBO:DBAN: 4.23

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.

Deutsche Beteiligungs AG's adjusted revenue per share data for the three months ended in Mar. 2025 was €1.237. 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 €6.03 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Beteiligungs AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deutsche Beteiligungs 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.

Deutsche Beteiligungs AG Cyclically Adjusted PS Ratio Chart

Deutsche Beteiligungs AG Annual Data
Trend Oct14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.78 6.59 6.38 4.04 5.32

Deutsche Beteiligungs AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.05 4.34 4.23 4.30 3.94

Competitive Comparison of Deutsche Beteiligungs AG's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Deutsche Beteiligungs 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.


Deutsche Beteiligungs AG's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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


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Deutsche Beteiligungs 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.

Deutsche Beteiligungs AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.85/6.03
=4.12

* 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 Beteiligungs AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.237/127.7792*127.7792
=1.237

Current CPI (Mar. 2025) = 127.7792.

Deutsche Beteiligungs AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201501 1.473 98.516 1.911
201504 0.995 100.217 1.269
201507 1.045 100.617 1.327
201512 2.667 99.717 3.418
201603 0.677 100.017 0.865
201606 0.310 100.717 0.393
201609 1.666 101.017 2.107
201612 1.478 101.217 1.866
201703 2.422 101.417 3.052
201706 2.472 102.117 3.093
201709 0.941 102.717 1.171
201712 1.187 102.617 1.478
201803 1.037 102.917 1.288
201806 1.165 104.017 1.431
201809 0.683 104.718 0.833
201812 -0.748 104.217 -0.917
201903 2.419 104.217 2.966
201906 0.960 105.718 1.160
201909 2.510 106.018 3.025
201912 0.394 105.818 0.476
202003 -4.315 105.718 -5.215
202006 3.659 106.618 4.385
202009 1.088 105.818 1.314
202012 2.228 105.518 2.698
202103 3.073 107.518 3.652
202106 3.882 108.486 4.572
202109 3.340 109.435 3.900
202112 0.110 110.384 0.127
202203 -0.795 113.968 -0.891
202206 -1.723 115.760 -1.902
202209 -0.447 118.818 -0.481
202212 2.783 119.345 2.980
202303 2.703 122.402 2.822
202306 2.421 123.140 2.512
202309 0.465 124.195 0.478
202312 0.357 123.773 0.369
202403 2.330 125.038 2.381
202406 0.860 125.882 0.873
202409 1.913 126.198 1.937
202503 1.237 127.779 1.237

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.


Deutsche Beteiligungs AG  (WBO:DBAN) 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.


Deutsche Beteiligungs AG Cyclically Adjusted PS Ratio Related Terms

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


Deutsche Beteiligungs AG Business Description

Traded in Other Exchanges
Address
Untermainanlage 1, Frankfurt, HE, DEU, 60329
Deutsche Beteiligungs AG is a German asset management enterprise. It aims to create value for its investors by the way of two business lines; fund investment services and private equity investments. Under the fund investment services, the assets under management are targeted for long-term growth. The objective of its private equity investments is to sustainably build the value of the companies under its portfolio. The company also manages assets entrusted to it by investors to invest through co-investment funds. Its operating segment includes Private Market Investments and Fund Investment Services.

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