Deutsche Bank AG (BSE:DBK) Cyclically Adjusted Revenue per Share: lei80.26 (As of Jun. 2026)

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BSE:DBK Deutsche Bank AG BSE:DBK
69 GF Score
Price lei181.00
GF Value lei114.59
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Deutsche Bank AG Cyclically Adjusted Revenue per Share?

Deutsche Bank AG BSE:DBK +0.59% 69 Cyclically Adjusted Revenue per Share is lei80.26 as of Jun. 2026. GuruFocus rates BSE:DBK with a GF Score™ of 69/100 and a GF Value™ of lei114.59 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 Bank AG's adjusted revenue per share for the three months ended in Jun. 2026 was lei22.860. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is lei80.26 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Deutsche Bank AG's average Cyclically Adjusted Revenue Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Deutsche Bank AG was -0.40% per year. The lowest was -9.30% per year. And the median was -6.10% per year.

As of today (2026-09-03), Deutsche Bank AG's current stock price is lei181.00. Deutsche Bank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was lei80.26. Deutsche Bank AG's Cyclically Adjusted PS Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deutsche Bank AG was 2.28. The lowest was 0.22. And the median was 0.54.


Deutsche Bank AG  (BSE:DBK) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Bank AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=181.00/80.26
=2.26

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deutsche Bank AG was 2.28. The lowest was 0.22. And the median was 0.54.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Deutsche Bank AG Cyclically Adjusted Revenue per Share Related Terms


Deutsche Bank AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Deutsche Bank AG's Cyclically Adjusted Revenue per Share 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 Bank AG Cyclically Adjusted Revenue per Share Chart

Deutsche Bank AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.69 91.26 84.75 79.54 78.24

Deutsche Bank 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 Revenue per Share 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 79.02 78.67 78.24 80.34 80.26

BSE:DBK vs USB, PNC: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Deutsche Bank 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 Bank AG Cyclically Adjusted PS Ratio vs Banks Industry

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

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


BSE:DBK
69GF Score
Deutsche Bank AG BSE:DBK
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Bank AG Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Deutsche Bank AG's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.86/131.3638*131.3638
=22.860

Current CPI (Jun. 2026) = 131.3638.

Deutsche Bank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.231 101.017 27.609
201612 21.821 101.217 28.320
201703 21.450 101.417 27.784
201706 15.537 102.117 19.987
201709 16.953 102.717 21.681
201712 13.250 102.617 16.962
201803 17.411 102.917 22.223
201806 15.665 104.017 19.783
201809 14.978 104.718 18.789
201812 13.410 104.217 16.903
201903 14.926 104.217 18.814
201906 14.857 105.718 18.461
201909 12.374 106.018 15.332
201912 12.854 105.818 15.957
202003 14.603 105.718 18.146
202006 15.023 106.618 18.510
202009 14.639 105.818 18.173
202012 12.839 105.518 15.984
202103 18.109 107.518 22.125
202106 15.709 108.486 19.022
202109 15.043 109.435 18.057
202112 13.903 110.384 16.546
202203 16.984 113.968 19.576
202206 14.901 115.760 16.910
202209 14.468 118.818 15.996
202212 13.727 119.345 15.109
202303 17.645 122.402 18.937
202306 17.226 123.140 18.376
202309 16.416 124.195 17.364
202312 15.700 123.773 16.663
202403 18.600 125.038 19.541
202406 18.549 125.882 19.357
202409 18.568 126.198 19.328
202412 16.763 127.041 17.333
202503 20.951 127.779 21.539
202506 20.369 128.412 20.837
202509 21.339 129.255 21.687
202512 20.580 129.361 20.899
202603 23.200 131.258 23.219
202606 22.860 131.364 22.860

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

What does a Cyclically Adjusted Revenue per Share of lei80.26 mean?
Deutsche Bank AG (BSE:DBK) has a Cyclically Adjusted Revenue per Share of lei80.26 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Deutsche Bank AG and its competitors.
Is Deutsche Bank AG's Cyclically Adjusted Revenue per Share too high?
Deutsche Bank AG's current Cyclically Adjusted Revenue per Share is lei80.26. Overall, Deutsche Bank AG has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Bank AG's Cyclically Adjusted Revenue per Share compare to USB and PNC?
Deutsche Bank AG's Cyclically Adjusted Revenue per Share of lei80.26 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Deutsche Bank AG and its competitors. Deutsche Bank AG's current Cyclically Adjusted Revenue per Share is lei80.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Bank AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Bank AG (BSE:DBK) is currently considered Significantly Overvalued. The stock's GF Value™ is lei114.59, compared to a current price of lei181.00 — trading 58% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is lei80.26. Deutsche Bank AG's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Deutsche Bank AG (BSE:DBK), the current Cyclically Adjusted Revenue per Share is lei80.26 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Deutsche Bank AG (BSE:DBK) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Bank AG stock appears to be overvalued. The current stock price of lei181.00 is trading 58% above its estimated GF Value™ of lei114.59. GuruFocus considers Deutsche Bank AG to be Significantly Overvalued.

Key valuation signals for BSE:DBK:

  • Cyclically Adjusted Revenue per Share: lei80.26
  • GF Value™: lei114.59 vs. price of lei181.00 (58% above fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Deutsche Bank AG Business Description

Address Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325
Deutsche Bank is a universal bank operating on a global scale. It offers corporate, retail, investment banking, private banking, and asset management to its clients.
69GF Score

Get the complete analysis for BSE:DBK

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

lei181.00
Price
lei114.59
GF Value