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Deutsche Wohnen SE (Deutsche Wohnen SE) Cyclically Adjusted PB Ratio : 0.62 (As of May. 17, 2024)


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What is Deutsche Wohnen SE Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Deutsche Wohnen SE's current share price is $18.24. Deutsche Wohnen SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $29.29. Deutsche Wohnen SE's Cyclically Adjusted PB Ratio for today is 0.62.

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

DWHHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 2.05   Max: 2.95
Current: 0.64

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.

DWHHF's Cyclically Adjusted PB Ratio is ranked better than
52.61% of 1321 companies
in the Real Estate industry
Industry Median: 0.7 vs DWHHF: 0.64

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 $40.734. 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 $29.29 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
=18.24/29.29
=0.62

* 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)
=40.734/123.1404*123.1404
=40.734

Current CPI (Jun. 2023) = 123.1404.

Deutsche Wohnen SE Quarterly Data

Book Value per Share CPI Adj_Book
201212 6.881 97.957 8.650
201303 7.052 98.516 8.815
201306 7.272 98.516 9.090
201309 7.432 98.983 9.246
201312 8.609 99.356 10.670
201403 8.766 99.543 10.844
201406 8.543 99.543 10.568
201409 15.627 99.823 19.277
201412 17.628 99.543 21.807
201503 15.527 99.717 19.174
201506 20.077 100.417 24.620
201509 20.000 100.417 24.526
201512 21.252 99.717 26.244
201603 22.255 100.017 27.400
201606 23.532 100.717 28.771
201609 23.488 101.017 28.632
201612 24.898 101.217 30.291
201703 25.533 101.417 31.002
201706 27.908 102.117 33.654
201709 29.715 102.717 35.623
201712 32.994 102.617 39.593
201803 34.736 102.917 41.562
201806 33.743 104.017 39.946
201809 34.112 104.718 40.113
201812 36.834 104.217 43.522
201903 36.802 104.217 43.484
201906 37.251 105.718 43.390
201909 36.376 106.018 42.251
201912 39.519 105.818 45.988
202003 39.944 105.718 46.527
202006 39.783 106.618 45.948
202009 41.790 105.818 48.631
202012 47.421 105.518 55.341
202103 47.084 107.518 53.925
202106 46.579 108.486 52.871
202109 48.275 109.435 54.321
202112 47.617 110.384 53.120
202206 47.027 115.760 50.025
202212 43.500 119.345 44.883
202306 40.734 123.140 40.734

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:DWHHF) 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