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Deutsche Telekom AG (XPRA:DTE) Cyclically Adjusted Book per Share : Kč218.94 (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 Kč300.410. 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 Kč218.94 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 (2024-06-07), Deutsche Telekom AG's current stock price is Kč557.20. Deutsche Telekom AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Kč218.94. Deutsche Telekom AG's Cyclically Adjusted PB Ratio of today is 2.54.

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 182.00 178.08 175.59 191.01 211.91

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 187.36 194.52 205.27 211.91 218.94

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)
=300.41/125.0381*125.0381
=300.410

Current CPI (Mar. 2024) = 125.0381.

Deutsche Telekom AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 148.679 99.543 186.760
201409 156.191 99.823 195.646
201412 155.843 99.543 195.759
201503 167.912 99.717 210.551
201506 164.626 100.417 204.991
201509 165.110 100.417 205.594
201512 173.539 99.717 217.607
201603 175.177 100.017 219.001
201606 162.798 100.717 202.111
201609 165.206 101.017 204.491
201612 170.271 101.217 210.344
201703 175.380 101.417 216.228
201706 164.527 102.117 201.457
201709 160.582 102.717 195.477
201712 166.223 102.617 202.541
201803 172.000 102.917 208.969
201806 161.066 104.017 193.616
201809 168.523 104.718 201.225
201812 168.220 104.217 201.827
201903 156.962 104.217 188.320
201906 156.022 105.718 184.536
201909 166.343 106.018 196.186
201912 170.530 105.818 201.505
202003 174.235 105.718 206.077
202006 201.282 106.618 236.057
202009 196.636 105.818 232.353
202012 199.273 105.518 236.138
202103 213.847 107.518 248.694
202106 195.908 108.486 225.799
202109 209.120 109.435 238.937
202112 216.664 110.384 245.428
202203 241.993 113.968 265.498
202206 238.767 115.760 257.903
202209 254.115 118.818 267.418
202212 237.055 119.345 248.363
202303 297.893 122.402 304.308
202306 284.061 123.140 288.439
202309 304.022 124.195 306.087
202312 279.833 123.773 282.693
202403 300.410 125.038 300.410

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


Deutsche Telekom AG  (XPRA: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
=557.20/218.94
=2.54

* 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 (XPRA: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 (XPRA:DTE) Headlines