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Deutsche Wohnen SE (Deutsche Wohnen SE) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 08, 2024)


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What is Deutsche Wohnen SE Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Deutsche Wohnen SE's current share price is $9.9128. Deutsche Wohnen SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $15.63. Deutsche Wohnen SE's Cyclically Adjusted PB Ratio for today is 0.63.

The historical rank and industry rank for Deutsche Wohnen SE's Cyclically Adjusted PB Ratio or its related term are showing as below:

DTCWY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 2.05   Max: 2.95
Current: 0.61

During the past years, Deutsche Wohnen SE's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.58. And the median was 2.05.

DTCWY's Cyclically Adjusted PB Ratio is ranked better than
55.15% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs DTCWY: 0.61

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Deutsche Wohnen SE's adjusted book value per share data for the three months ended in Jun. 2023 was $20.367. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $15.63 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Wohnen SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche Wohnen SE's Cyclically Adjusted 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.

* Premium members only.

Deutsche Wohnen SE Cyclically Adjusted PB Ratio Chart

Deutsche Wohnen SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.15 1.52 0.72 -

Deutsche Wohnen SE Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted 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 1.52 0.85 0.72 0.72 -

Competitive Comparison of Deutsche Wohnen SE's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Deutsche Wohnen SE's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Wohnen SE's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche Wohnen SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Deutsche Wohnen SE's Cyclically Adjusted PB Ratio falls into.



Deutsche Wohnen SE Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Deutsche Wohnen SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.9128/15.63
=0.63

* 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 Wohnen SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Deutsche Wohnen SE's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=20.367/123.1404*123.1404
=20.367

Current CPI (Jun. 2023) = 123.1404.

Deutsche Wohnen SE Quarterly Data

Book Value per Share CPI Adj_Book
201212 3.440 97.957 4.324
201303 3.526 98.516 4.407
201306 3.636 98.516 4.545
201309 3.716 98.983 4.623
201312 4.304 99.356 5.334
201403 4.383 99.543 5.422
201406 4.271 99.543 5.283
201409 7.814 99.823 9.639
201412 8.814 99.543 10.903
201503 7.764 99.717 9.588
201506 10.039 100.417 12.311
201509 10.000 100.417 12.263
201512 10.626 99.717 13.122
201603 11.127 100.017 13.700
201606 11.766 100.717 14.386
201609 11.744 101.017 14.316
201612 12.449 101.217 15.145
201703 12.766 101.417 15.500
201706 13.954 102.117 16.827
201709 14.857 102.717 17.811
201712 16.497 102.617 19.796
201803 17.368 102.917 20.781
201806 16.872 104.017 19.974
201809 17.056 104.718 20.057
201812 18.417 104.217 21.761
201903 18.401 104.217 21.742
201906 18.626 105.718 21.696
201909 18.188 106.018 21.126
201912 19.759 105.818 22.994
202003 19.972 105.718 23.263
202006 19.892 106.618 22.975
202009 20.895 105.818 24.316
202012 23.710 105.518 27.670
202103 23.542 107.518 26.963
202106 23.289 108.486 26.435
202109 24.138 109.435 27.161
202112 23.809 110.384 26.561
202206 23.513 115.760 25.012
202212 21.750 119.345 22.442
202306 20.367 123.140 20.367

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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 Wohnen SE  (OTCPK:DTCWY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Deutsche Wohnen SE Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Deutsche Wohnen SE's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Deutsche Wohnen SE (Deutsche Wohnen SE) Business Description

Traded in Other Exchanges
Address
Mecklenburgische Strasse 57, Berlin, BB, DEU, 14197
Deutsche Wohnen SE is a holding company that manages a collection of residential real estate properties in Germany. The company operates in five segments: Rental; Value-add; Recurring Sales; Development and Care.

Deutsche Wohnen SE (Deutsche Wohnen SE) Headlines