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Deutsche Telekom AG (Deutsche Telekom AG) Cyclically Adjusted PB Ratio : 2.54 (As of May. 16, 2024)


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What is Deutsche Telekom AG Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Deutsche Telekom AG's current share price is $24.02. Deutsche Telekom AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.47. Deutsche Telekom AG's Cyclically Adjusted PB Ratio for today is 2.54.

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

DTEGY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 2.04   Max: 2.8
Current: 2.59

During the past years, Deutsche Telekom AG's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.90. And the median was 2.04.

DTEGY's Cyclically Adjusted PB Ratio is ranked worse than
72.63% of 285 companies
in the Telecommunication Services industry
Industry Median: 1.47 vs DTEGY: 2.59

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Deutsche Telekom AG's adjusted book value per share data for the three months ended in Dec. 2023 was $12.469. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $9.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Telekom AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche Telekom 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.

* Premium members only.

Deutsche Telekom AG Cyclically Adjusted PB Ratio Chart

Deutsche Telekom AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 2.19 2.32 2.41 2.55

Deutsche Telekom AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.41 2.77 2.42 2.35 2.55

Competitive Comparison of Deutsche Telekom AG's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Deutsche Telekom 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 Telekom AG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Deutsche Telekom AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Deutsche Telekom 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 Telekom AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.02/9.47
=2.54

* 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 Telekom AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deutsche Telekom AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.469/123.6675*123.6675
=12.469

Current CPI (Dec. 2023) = 123.6675.

Deutsche Telekom AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.772 99.543 9.656
201406 7.362 99.543 9.146
201409 7.301 99.823 9.045
201412 6.948 99.543 8.632
201503 6.645 99.717 8.241
201506 6.759 100.417 8.324
201509 6.840 100.417 8.424
201512 6.984 99.717 8.661
201603 7.190 100.017 8.890
201606 6.755 100.717 8.294
201609 6.855 101.017 8.392
201612 6.638 101.217 8.110
201703 6.934 101.417 8.455
201706 7.034 102.117 8.518
201709 7.337 102.717 8.833
201712 7.669 102.617 9.242
201803 8.343 102.917 10.025
201806 7.297 104.017 8.675
201809 7.675 104.718 9.064
201812 7.414 104.217 8.798
201903 6.910 104.217 8.200
201906 6.883 105.718 8.052
201909 7.076 106.018 8.254
201912 7.428 105.818 8.681
202003 7.247 105.718 8.477
202006 8.491 106.618 9.849
202009 8.670 105.818 10.133
202012 9.213 105.518 10.798
202103 9.719 107.518 11.179
202106 9.271 108.486 10.568
202109 9.695 109.435 10.956
202112 9.699 110.384 10.866
202203 10.661 113.968 11.568
202206 10.204 115.760 10.901
202209 10.241 118.818 10.659
202212 10.344 119.345 10.719
202303 13.465 122.402 13.604
202306 12.994 123.140 13.050
202309 13.316 124.195 13.259
202312 12.469 123.668 12.469

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.


Deutsche Telekom AG  (OTCPK:DTEGY) 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 Telekom AG Cyclically Adjusted PB Ratio Related Terms

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


Deutsche Telekom AG (Deutsche Telekom AG) Business Description

Address
Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is the incumbent telecom operator in Germany and remains the dominant player in both mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom also has operations in several Central European countries and holds an IT arm (Systems Solutions).

Deutsche Telekom AG (Deutsche Telekom AG) Headlines