Deutsche Pfandbriefbank AG (XSWX:PBB) Scaled Net Operating Assets: 0.46 (As of Mar. 2026)


XSWX:PBB Deutsche Pfandbriefbank AG XSWX:PBB
53 GF Score
Price CHF3.09
GF Value CHF4.01
! 3 Warning Signs
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What is Deutsche Pfandbriefbank AG Scaled Net Operating Assets?

Deutsche Pfandbriefbank AG XSWX:PBB 53 Scaled Net Operating Assets is 0.46 as of Mar. 2026. GuruFocus rates XSWX:PBB with a GF Score™ of 53/100 and a GF Value™ of CHF4.01. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Deutsche Pfandbriefbank AG's operating assets for the quarter that ended in Mar. 2026 was CHF34,389.1 Mil. Deutsche Pfandbriefbank AG's operating liabilities for the quarter that ended in Mar. 2026 was CHF17,213.2 Mil. Deutsche Pfandbriefbank AG's Total Assets for the quarter that ended in Dec. 2025 was CHF37,214.5 Mil. Therefore, Deutsche Pfandbriefbank AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.46.

XSWX:PBB
53GF Score
Deutsche Pfandbriefbank AG XSWX:PBB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Pfandbriefbank AG Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Deutsche Pfandbriefbank AG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(35760.654-17152.013)/41236.733
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=37214.483 - 1453.829
=35760.654

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34318.023 - 17166.01 - 0
=17152.013

Deutsche Pfandbriefbank AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(34389.082-17213.199)/37214.483
=0.46

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=36098.388 - 1709.306
=34389.082

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33273.209 - 16060.01 - 0
=17213.199

* 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.

What does a Scaled Net Operating Assets of 0.46 mean?
Deutsche Pfandbriefbank AG (XSWX:PBB) has a Scaled Net Operating Assets of 0.46 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Deutsche Pfandbriefbank AG and its competitors.
Is Deutsche Pfandbriefbank AG's Scaled Net Operating Assets too high?
Deutsche Pfandbriefbank AG's current Scaled Net Operating Assets is 0.46. Overall, Deutsche Pfandbriefbank AG has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Deutsche Pfandbriefbank AG's Scaled Net Operating Assets compare to RKT and FNMA?
Deutsche Pfandbriefbank AG's Scaled Net Operating Assets of 0.46 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 Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Deutsche Pfandbriefbank AG and its competitors. Deutsche Pfandbriefbank AG's current Scaled Net Operating Assets is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Pfandbriefbank AG stock overvalued right now?
Deutsche Pfandbriefbank AG (XSWX:PBB) has a current Scaled Net Operating Assets of 0.46. The stock's GF Value™ is CHF4.01, compared to a current price of CHF3.09 — trading 22.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.46. Deutsche Pfandbriefbank AG's overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Deutsche Pfandbriefbank AG (XSWX:PBB), the current Scaled Net Operating Assets is 0.46 as of Mar. 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 Pfandbriefbank AG (XSWX:PBB) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Pfandbriefbank AG stock appears to be undervalued. The current stock price of CHF3.09 is trading 22.9% below its estimated GF Value™ of CHF4.01.

Key valuation signals for XSWX:PBB:

  • Scaled Net Operating Assets: 0.46
  • GF Value™: CHF4.01 vs. price of CHF3.09 (22.9% below fair value)
  • GF Score™: 53/100 with 3 warning signs

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

Deutsche Pfandbriefbank AG Business Description

Address Parkring 28, Garching, DEU, 85748
Deutsche Pfandbriefbank AG is a specialist bank focused on financing commercial real estate and public investments. It operates through the Real Estate Finance (REF) segment, which provides financing to professional real estate investors and developers, the Non-Core (NC) segment, which includes financing for public infrastructure and public sector lending, and the Consolidation & Adjustments (C&A) segment. In the REF segment, the bank mainly serves national and international real estate companies, institutional investors, real estate funds, and, particularly in Germany, medium-sized and regional clients, with borrowers typically structured as special purpose vehicles. The majority of the bank's revenue is derived from the Real Estate Finance segment.
53GF Score

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

CHF3.09
Price
CHF4.01
GF Value