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Deutz AG (XSWX:DEZ) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Deutz AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutz AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutz AG'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.

Deutz AG Cyclically Adjusted PB Ratio Chart

Deutz AG 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 1.29 1.15 1.39 0.78 0.88

Deutz 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 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 1.12 1.00 0.76 0.88 1.06

Competitive Comparison of Deutz AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Deutz 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.


Deutz AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Deutz AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Deutz AG 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.

Deutz AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Deutz 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)
=5.95/125.0381*125.0381
=5.950

Current CPI (Mar. 2024) = 125.0381.

Deutz AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.690 99.543 5.891
201409 4.716 99.823 5.907
201412 4.834 99.543 6.072
201503 4.372 99.717 5.482
201506 4.398 100.417 5.476
201509 4.446 100.417 5.536
201512 4.398 99.717 5.515
201603 4.438 100.017 5.548
201606 4.416 100.717 5.482
201609 4.402 101.017 5.449
201612 4.253 101.217 5.254
201703 4.495 101.417 5.542
201706 4.504 102.117 5.515
201709 4.737 102.717 5.766
201712 5.645 102.617 6.878
201803 5.960 102.917 7.241
201806 5.645 104.017 6.786
201809 5.620 104.718 6.711
201812 5.778 104.217 6.932
201903 5.993 104.217 7.190
201906 5.944 105.718 7.030
201909 5.869 106.018 6.922
201912 5.891 105.818 6.961
202003 5.629 105.718 6.658
202006 5.285 106.618 6.198
202009 4.829 105.818 5.706
202012 4.784 105.518 5.669
202103 4.927 107.518 5.730
202106 5.022 108.486 5.788
202109 5.094 109.435 5.820
202112 5.066 110.384 5.739
202203 5.092 113.968 5.587
202206 5.268 115.760 5.690
202209 5.070 118.818 5.335
202212 5.401 119.345 5.659
202303 5.790 122.402 5.915
202306 5.686 123.140 5.774
202309 5.797 124.195 5.836
202312 5.736 123.773 5.795
202403 5.950 125.038 5.950

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.


Deutz AG  (XSWX:DEZ) 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.


Deutz AG Cyclically Adjusted PB Ratio Related Terms

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Deutz AG (XSWX:DEZ) Business Description

Industry
Address
Ottostrasse 1, Porz-Eil, Cologne, NW, DEU, 51149
Deutz AG is an independent diesel engine manufacturer based in Germany. The company engages in customized and compact diesel engines that are cooled by water, oil, or air. The operating activities of the company are Classic and Green. It generates maximum revenue from the Classic segment. Geographically, it derives a majority of its revenue from the Rest of Europe.

Deutz AG (XSWX:DEZ) Headlines

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