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Deutsche Effecten- und Wechsel- Beteiligungsges AG (XTER:EFF) Shiller PE Ratio : (As of Dec. 15, 2024)


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What is Deutsche Effecten- und Wechsel- Beteiligungsges AG Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Effecten- und Wechsel- Beteiligungsges AG Shiller PE Ratio Historical Data

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

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Deutsche Effecten- und Wechsel- Beteiligungsges AG Shiller PE Ratio Chart

Deutsche Effecten- und Wechsel- Beteiligungsges AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Deutsche Effecten- und Wechsel- Beteiligungsges AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Deutsche Effecten- und Wechsel- Beteiligungsges AG's Shiller PE Ratio

For the Asset Management subindustry, Deutsche Effecten- und Wechsel- Beteiligungsges 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 Effecten- und Wechsel- Beteiligungsges AG's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Deutsche Effecten- und Wechsel- Beteiligungsges 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.

Deutsche Effecten- und Wechsel- Beteiligungsges AG's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Deutsche Effecten- und Wechsel- Beteiligungsges AG's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.1/123.7729*123.7729
=-0.100

Current CPI (Dec23) = 123.7729.

Deutsche Effecten- und Wechsel- Beteiligungsges AG Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -1.970 99.543 -2.450
201512 -0.210 99.717 -0.261
201612 -1.080 101.217 -1.321
201712 0.010 102.617 0.012
201812 -0.090 104.217 -0.107
201912 0.020 105.818 0.023
202012 0.150 105.518 0.176
202112 0.450 110.384 0.505
202212 -0.290 119.345 -0.301
202312 -0.100 123.773 -0.100

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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG  (XTER:EFF) 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.


Deutsche Effecten- und Wechsel- Beteiligungsges AG Shiller PE Ratio Related Terms

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Deutsche Effecten- und Wechsel- Beteiligungsges AG Business Description

Traded in Other Exchanges
Address
Deutsche Effecten- Und Wechsel- Beteiligungsges. AG, LEUTRAGRABEN 1, Jena, DEU, 7743
Deutsche Effecten- und Wechsel- Beteiligungsges AG provides support for strong growth, medium capitalized technology companies in the form of equity capital, expertise in corporate development and its sector network. It concentrates on medium capitalized technology companies and supports them by equity capital, consults in corporate development and its sector network. The company focuses its investments on companies operating primarily in photonics and sensor systems.