Deutsche Bank AG (MEX:DB N) E10: MXN14.54 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:DB N Deutsche Bank AG MEX:DB N
51 GF Score
Price MXN647.66
GF Value MXN428.20
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Deutsche Bank AG E10?

Deutsche Bank AG MEX:DB N 51 E10 is MXN14.54 as of Jun. 2026. GuruFocus rates MEX:DB N with a GF Score™ of 51/100 and a GF Value™ of MXN428.20 (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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Deutsche Bank AG's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN17.034. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN14.54 for the trailing ten years ended in Jun. 2026.

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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Deutsche Bank AG was 16.90% per year. The lowest was -250.30% per year. And the median was -13.90% per year.

As of today (2026-08-11), Deutsche Bank AG's current stock price is MXN647.66. Deutsche Bank AG's E10 for the quarter that ended in Jun. 2026 was MXN14.54. Deutsche Bank AG's Shiller PE Ratio of today is 44.54.

During the past 13 years, the highest Shiller PE Ratio of Deutsche Bank AG was 114.83. The lowest was 4.94. And the median was 28.48.


Deutsche Bank AG  (MEX:DB N) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Deutsche Bank AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=647.66/14.54
=44.54

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Deutsche Bank AG was 114.83. The lowest was 4.94. And the median was 28.48.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Deutsche Bank AG E10 Related Terms


Deutsche Bank AG E10 Historical Data

* Premium members only.

The historical data trend for Deutsche Bank AG's E10 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 E10 Chart

Deutsche Bank AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.39 -9.02 -5.94 -7.53 11.32

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
E10 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 -6.36 6.35 11.32 12.95 14.54

MEX:DB N vs PNC, USB: E10 Comparison

For the Banks - Regional subindustry, Deutsche Bank AG's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Deutsche Bank AG's Shiller PE Ratio falls into.


MEX:DB N
51GF Score
Deutsche Bank AG MEX:DB N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Bank AG E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=17.034/131.3638*131.3638
=17.034

Current CPI (Jun. 2026) = 131.3638.

Deutsche Bank AG Quarterly Data

per share eps CPI Adj_EPS
201609 3.099 101.017 4.030
201612 -26.205 101.217 -34.010
201703 6.847 101.417 8.869
201706 1.422 102.117 1.829
201709 6.489 102.717 8.299
201712 -26.728 102.617 -34.215
201803 1.344 102.917 1.715
201806 0.689 104.017 0.870
201809 2.183 104.718 2.738
201812 -4.468 104.217 -5.632
201903 1.753 104.217 2.210
201906 -36.030 105.718 -44.771
201909 -8.914 106.018 -11.045
201912 -15.088 105.818 -18.731
202003 -0.259 105.718 -0.322
202006 -3.899 106.618 -4.804
202009 3.383 105.818 4.200
202012 1.936 105.518 2.410
202103 11.437 107.518 13.974
202106 7.749 108.486 9.383
202109 2.189 109.435 2.628
202112 2.782 110.384 3.311
202203 12.061 113.968 13.902
202206 10.517 115.760 11.935
202209 10.494 118.818 11.602
202212 19.000 119.345 20.913
202303 10.579 122.402 11.354
202306 6.721 123.140 7.170
202309 9.093 124.195 9.618
202312 11.675 123.773 12.391
202403 11.174 125.038 11.739
202406 -1.411 125.882 -1.472
202409 15.758 126.198 16.403
202412 2.168 127.041 2.242
202503 19.651 127.779 20.202
202506 16.071 128.412 16.440
202509 16.838 129.255 17.113
202512 14.110 129.361 14.328
202603 20.373 131.258 20.389
202606 17.034 131.364 17.034

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN14.54 mean?
Deutsche Bank AG (MEX:DB N) has a E10 of MXN14.54 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Deutsche Bank AG and its competitors.
Is Deutsche Bank AG's E10 too high?
Deutsche Bank AG's current E10 is MXN14.54. Overall, Deutsche Bank AG has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Bank AG's E10 compare to PNC and USB?
Deutsche Bank AG's E10 of MXN14.54 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 E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Deutsche Bank AG and its competitors. Deutsche Bank AG's current E10 is MXN14.54. 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 (MEX:DB N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN428.20, compared to a current price of MXN647.66 — trading 51.3% above its estimated fair value. The current E10 is MXN14.54. Deutsche Bank AG's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Deutsche Bank AG (MEX:DB N), the current E10 is MXN14.54 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 (MEX:DB N) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Bank AG stock appears to be overvalued. The current stock price of MXN647.66 is trading 51.3% above its estimated GF Value™ of MXN428.20. GuruFocus considers Deutsche Bank AG to be Significantly Overvalued.

Key valuation signals for MEX:DB N:

  • E10: MXN14.54
  • GF Value™: MXN428.20 vs. price of MXN647.66 (51.3% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the MEX:DB N 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.
51GF Score

Get the complete analysis for MEX:DB N

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN647.66
Price
MXN428.20
GF Value