DHL AG (FRA:DPWA) Shiller PE Ratio: (As of Sep. 21, 2026)

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FRA:DPWA DHL AG FRA:DPWA
80 GF Score
Price €27.90
GF Value €21.72
Valuation Modestly Overvalued
! 11 Warning Signs
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What is DHL AG Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


DHL AG  (FRA:DPWA) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


DHL AG Shiller PE Ratio Related Terms


DHL AG Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for DHL AG's Shiller PE 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.

DHL AG Shiller PE Ratio Chart

DHL AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.81 13.39 15.86 11.47 14.72

DHL AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 13.03 12.05 14.62 13.82 16.26

FRA:DPWA vs UPS, FDX, EXPD: Shiller PE Ratio Comparison

For the Integrated Freight & Logistics subindustry, DHL 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.


DHL AG Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, DHL AG's Shiller PE Ratio distribution charts can be found below:

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


FRA:DPWA
80GF Score
DHL AG FRA:DPWA
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DHL AG Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

DHL AG's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, DHL 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)
=0.45/131.3638*131.3638
=0.450

Current CPI (Jun. 2026) = 131.3638.

DHL AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.245 101.017 0.319
201612 0.335 101.217 0.435
201703 0.255 101.417 0.330
201706 0.249 102.117 0.320
201709 0.257 102.717 0.329
201712 0.320 102.617 0.410
201803 0.237 102.917 0.302
201806 0.205 104.017 0.259
201809 0.059 104.718 0.074
201812 0.326 104.217 0.410
201903 0.298 104.217 0.376
201906 0.180 105.718 0.224
201909 0.225 106.018 0.279
201912 0.340 105.818 0.422
202003 0.121 105.718 0.150
202006 0.210 106.618 0.259
202009 0.335 105.818 0.416
202012 0.513 105.518 0.639
202103 0.470 107.518 0.574
202106 0.510 108.486 0.618
202109 0.435 109.435 0.522
202112 0.592 110.384 0.705
202203 0.540 113.968 0.622
202206 0.585 115.760 0.664
202209 0.495 118.818 0.547
202212 0.545 119.345 0.599
202303 0.374 122.402 0.401
202306 0.400 123.140 0.427
202309 0.339 124.195 0.358
202312 0.406 123.773 0.431
202403 0.311 125.038 0.326
202406 0.315 125.882 0.329
202409 0.315 126.198 0.328
202412 0.465 127.041 0.481
202503 0.335 127.779 0.344
202506 0.360 128.412 0.368
202509 0.371 129.255 0.377
202512 0.452 129.361 0.459
202603 0.361 131.258 0.361
202606 0.450 131.364 0.450

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

Is DHL AG (FRA:DPWA) Overvalued in 2026?

Based on GuruFocus' analysis, DHL AG stock appears to be overvalued. The current stock price of €27.90 is trading 28.5% above its estimated GF Value™ of €21.72. GuruFocus considers DHL AG to be Modestly Overvalued.

Key valuation signals for FRA:DPWA:

  • Shiller PE Ratio:
  • GF Value™: €21.72 vs. price of €27.90 (28.5% above fair value)
  • GF Score™: 80/100 with 11 warning signs

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


DHL AG Business Description

Address Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the three dominant integrated global parcel-shipping providers, along with US-based FedEx and UPS. It's also a leading global third-party logistics provider in terms of air and ocean forwarding and outsourced contract logistics markets touching Europe. The DHL divisions (Express, Global Forwarding & Freight, eCommerce Solutions, and Supply Chain) generate roughly 80% of consolidated revenue. Roughly 20% comes from the Post & Parcel Germany division, which includes the legacy German postal operations and the faster growing domestic package delivery business in Germany.
80GF Score

Get the complete analysis for FRA:DPWA

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

€27.90
Price
€21.72
GF Value