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
66 GF Score
Price lei166.72
GF Value lei112.69
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Deutsche Bank AG Cyclically Adjusted Revenue per Share?

Deutsche Bank AG BSE:DBK +1.04% 66 Cyclically Adjusted Revenue per Share is lei80.26 as of Jun. 2026. GuruFocus rates BSE:DBK with a GF Score™ of 66/100 and a GF Value™ of lei112.69 (Significantly Overvalued). The stock has 4 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 lei22.996. 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 (2026-08-03), Deutsche Bank AG's current stock price is lei166.72. 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 2.08.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deutsche Bank AG was 2.18. 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
=166.72/80.26
=2.08

* 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 2.18. 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 PNC, USB: 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
66GF 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)
=22.996/131.3638*131.3638
=22.996

Current CPI (Jun. 2026) = 131.3638.

Deutsche Bank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.358 101.017 27.774
201612 21.952 101.217 28.490
201703 21.578 101.417 27.950
201706 15.630 102.117 20.107
201709 17.054 102.717 21.810
201712 13.330 102.617 17.064
201803 17.516 102.917 22.357
201806 15.759 104.017 19.902
201809 15.067 104.718 18.901
201812 13.490 104.217 17.004
201903 15.015 104.217 18.926
201906 14.945 105.718 18.571
201909 12.448 106.018 15.424
201912 12.931 105.818 16.053
202003 14.691 105.718 18.255
202006 15.113 106.618 18.621
202009 14.726 105.818 18.281
202012 12.915 105.518 16.078
202103 18.217 107.518 22.257
202106 15.803 108.486 19.136
202109 15.133 109.435 18.165
202112 13.986 110.384 16.644
202203 17.086 113.968 19.694
202206 14.990 115.760 17.011
202209 14.554 118.818 16.091
202212 13.809 119.345 15.200
202303 17.750 122.402 19.050
202306 17.329 123.140 18.486
202309 16.514 124.195 17.467
202312 15.794 123.773 16.763
202403 18.711 125.038 19.658
202406 18.660 125.882 19.473
202409 18.679 126.198 19.444
202412 16.864 127.041 17.438
202503 21.077 127.779 21.668
202506 20.490 128.412 20.961
202509 21.466 129.255 21.816
202512 20.703 129.361 21.024
202603 23.339 131.258 23.358
202606 22.996 131.364 22.996

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 66/100 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 PNC and USB?
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 lei112.69, compared to a current price of lei166.72 — trading 47.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is lei80.26. Deutsche Bank AG's overall GF Score™ is 66/100 with 4 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 lei166.72 is trading 47.9% above its estimated GF Value™ of lei112.69. GuruFocus considers Deutsche Bank AG to be Significantly Overvalued.

Key valuation signals for BSE:DBK:

  • Cyclically Adjusted Revenue per Share: lei80.26
  • GF Value™: lei112.69 vs. price of lei166.72 (47.9% above fair value)
  • GF Score™: 66/100 with 4 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.
66GF 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.

lei166.72
Price
lei112.69
GF Value