Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) PB Ratio: 0.53 (As of Jul. 14, 2026) — 54% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

XTER:EFF0 Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0
44 GF Score
Price €2.44
! 1 Warning Sign
View Full Analysis

What is Deutsche Effecten- und Wechsel- Beteiligungsges AG PB Ratio?

Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0 -1.61% 44 PB Ratio is 0.53 as of Jul. 14, 2026, which is 54% below its 10-year median of 1.14. GuruFocus rates XTER:EFF0 with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 1,602 Asset Management companies, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks better than 87.77% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-14), Deutsche Effecten- und Wechsel- Beteiligungsges AG's share price is €2.44. Deutsche Effecten- und Wechsel- Beteiligungsges AG's Book Value per Share for the quarter that ended in Dec. 2025 was €4.60. Hence, Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio of today is 0.53.

The historical rank and industry rank for Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio or its related term are showing as below:

XTER:EFF0' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.14   Max: 2.62
Current: 0.54

During the past 13 years, Deutsche Effecten- und Wechsel- Beteiligungsges AG's highest PB Ratio was 2.62. The lowest was 0.31. And the median was 1.14.

XTER:EFF0's PB Ratio is ranked better than
87.77% of 1602 companies
in the Asset Management industry
Industry Median: 0.96 vs XTER:EFF0: 0.54

During the past 12 months, Deutsche Effecten- und Wechsel- Beteiligungsges AG's average Book Value Per Share Growth Rate was -42.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -22.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Deutsche Effecten- und Wechsel- Beteiligungsges AG was 24.50% per year. The lowest was -31.60% per year. And the median was -3.00% per year.

Back to Basics: PB Ratio


Deutsche Effecten- und Wechsel- Beteiligungsges AG  (XTER:EFF0) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Deutsche Effecten- und Wechsel- Beteiligungsges AG PB Ratio Related Terms


Deutsche Effecten- und Wechsel- Beteiligungsges AG PB Ratio Historical Data

* Premium members only.

The historical data trend for Deutsche Effecten- und Wechsel- Beteiligungsges AG's 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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG PB Ratio Chart

Deutsche Effecten- und Wechsel- Beteiligungsges AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.12 0.78 0.59 0.82

Deutsche Effecten- und Wechsel- Beteiligungsges AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.78 0.69 0.59 0.38 0.82

XTER:EFF0 vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio, along with its competitors' market caps and 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 Effecten- und Wechsel- Beteiligungsges AG PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio falls into.


XTER:EFF0
44GF Score
Deutsche Effecten- und Wechsel- Beteiligungsges AG XTER:EFF0
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Effecten- und Wechsel- Beteiligungsges AG PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.44/4.596
=0.53

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.53 mean?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a PB Ratio of 0.53 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. This is 54% below median its historical median of 1.14. Over the past decade, Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio has ranged from 0.31 to 2.62. According to the industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #196 out of 1602 companies in the Asset Management industry, placing it in the top 12.2%.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio too high?
Deutsche Effecten- und Wechsel- Beteiligungsges AG's current PB Ratio of 0.53 is 54% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 2.62. The Asset Management industry median PB Ratio is 0.96. Deutsche Effecten- und Wechsel- Beteiligungsges AG's value of 0.53 is 44.8% below this industry median. Based on the distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #196 out of 1602 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Deutsche Effecten- und Wechsel- Beteiligungsges AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Deutsche Effecten- und Wechsel- Beteiligungsges AG's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Deutsche Effecten- und Wechsel- Beteiligungsges AG ranks #196 out of 1602 companies for PB Ratio. This places Deutsche Effecten- und Wechsel- Beteiligungsges AG in the top 12% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. Deutsche Effecten- und Wechsel- Beteiligungsges AG's value of 0.53 is 44.8% below this benchmark. Historically, Deutsche Effecten- und Wechsel- Beteiligungsges AG's own PB Ratio has ranged from 0.31 to 2.62 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.96, Deutsche Effecten- und Wechsel- Beteiligungsges AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,602 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current PB Ratio of 0.53 is 44.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current PB Ratio is 0.53, which is 54% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG stock overvalued right now?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0) has a current PB Ratio of 0.53. The current PB Ratio is 0.53, which is 54% below median its 10-year median of 1.14 and 44.8% below the Asset Management industry median of 0.96. Deutsche Effecten- und Wechsel- Beteiligungsges AG's overall GF Score™ is 44/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF0), the current PB Ratio is 0.53 as of Jul. 14, 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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG Business Description

Address Semmelweisstrasse 4, Jena, TH, DEU, 07743
Deutsche Effecten- und Wechsel- Beteiligungsges AG is a Germany-based listed investment company that specializes in the selection, acquisition, development, and sale of tech companies. It focuses on asset management and companies whose technologies and business models have an impact on the future development of the financial industry. The company supports its portfolio companies with capital, expertise in corporate development, and its extensive network of experts.
44GF Score

Get the complete analysis for XTER:EFF0

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

€2.44
Price