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Deutsche Telekom AG (BSE:DTE) Cyclically Adjusted Book per Share : lei42.26 (As of Mar. 2024)


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What is Deutsche Telekom AG Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 Telekom AG's adjusted book value per share for the three months ended in Mar. 2024 was lei59.265. 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 lei42.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deutsche Telekom AG's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Deutsche Telekom AG was 7.70% per year. The lowest was -6.20% per year. And the median was -0.90% per year.

As of today (2024-06-01), Deutsche Telekom AG's current stock price is lei109.20. Deutsche Telekom AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was lei42.26. Deutsche Telekom AG's Cyclically Adjusted PB Ratio of today is 2.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche Telekom AG was 2.80. The lowest was 0.90. And the median was 2.04.


Deutsche Telekom AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Deutsche Telekom AG's Cyclically Adjusted Book per Share 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 Telekom AG Cyclically Adjusted Book per Share Chart

Deutsche Telekom AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.87 33.66 33.64 39.39 42.22

Deutsche Telekom AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 38.12 44.88 39.90 42.22 42.26

Competitive Comparison of Deutsche Telekom AG's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Deutsche Telekom AG'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 Telekom AG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Deutsche Telekom AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Deutsche Telekom AG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Deutsche Telekom AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=59.265/125.0381*125.0381
=59.265

Current CPI (Mar. 2024) = 125.0381.

Deutsche Telekom AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.794 99.543 42.450
201409 33.514 99.823 41.980
201412 31.892 99.543 40.060
201503 30.503 99.717 38.249
201506 31.028 100.417 38.636
201509 31.397 100.417 39.095
201512 32.059 99.717 40.200
201603 33.004 100.017 41.261
201606 31.009 100.717 38.497
201609 31.466 101.017 38.948
201612 30.471 101.217 37.642
201703 31.831 101.417 39.245
201706 32.291 102.117 39.539
201709 33.682 102.717 41.001
201712 35.205 102.617 42.897
201803 38.297 102.917 46.529
201806 33.494 104.017 40.263
201809 35.230 104.718 42.066
201812 34.034 104.217 40.833
201903 31.719 104.217 38.056
201906 31.595 105.718 37.369
201909 32.483 106.018 38.311
201912 34.097 105.818 40.290
202003 33.266 105.718 39.346
202006 38.975 106.618 45.709
202009 39.799 105.818 47.028
202012 42.291 105.518 50.115
202103 44.616 107.518 51.886
202106 42.557 108.486 49.050
202109 44.504 109.435 50.849
202112 44.524 110.384 50.435
202203 48.938 113.968 53.691
202206 46.839 115.760 50.593
202209 47.011 118.818 49.472
202212 47.484 119.345 49.749
202303 61.811 122.402 63.142
202306 59.650 123.140 60.569
202309 61.125 124.195 61.540
202312 57.237 123.773 57.822
202403 59.265 125.038 59.265

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


Deutsche Telekom AG  (BSE:DTE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Telekom AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=109.20/42.26
=2.58

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deutsche Telekom AG was 2.80. The lowest was 0.90. And the median was 2.04.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Deutsche Telekom AG Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Deutsche Telekom AG's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Deutsche Telekom AG (BSE:DTE) Business Description

Address
Friedrich-Ebert-Allee 140, Bonn, DEU, 53113
Deutsche Telekom is the incumbent telecom operator in Germany and remains the dominant player in both mobile and fixed markets. It also owns a controlling stake in T-Mobile US—one of three primary wireless carriers in the United States—which merged with Sprint in 2020, consolidating the market from four to three operators. Aside from its two core markets, Deutsche Telekom also has operations in several Central European countries and holds an IT arm (Systems Solutions).

Deutsche Telekom AG (BSE:DTE) Headlines

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