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Deutsche Wohnen SE (XTER:DWNI) Cyclically Adjusted PB Ratio : 0.61 (As of May. 23, 2024)


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What is Deutsche Wohnen SE Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Deutsche Wohnen SE's current share price is €17.98. Deutsche Wohnen SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €29.30. Deutsche Wohnen SE's Cyclically Adjusted PB Ratio for today is 0.61.

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

XTER:DWNI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 2.05   Max: 2.95
Current: 0.63

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.

XTER:DWNI's Cyclically Adjusted PB Ratio is ranked better than
53.79% of 1333 companies
in the Real Estate industry
Industry Median: 0.71 vs XTER:DWNI: 0.63

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 €37.597. 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 €29.30 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
=17.98/29.3
=0.61

* 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)
=37.597/123.1404*123.1404
=37.597

Current CPI (Jun. 2023) = 123.1404.

Deutsche Wohnen SE Quarterly Data

Book Value per Share CPI Adj_Book
201212 5.243 97.957 6.591
201303 5.444 98.516 6.805
201306 5.512 98.516 6.890
201309 5.559 98.983 6.916
201312 6.284 99.356 7.788
201403 6.338 99.543 7.841
201406 6.287 99.543 7.777
201409 12.127 99.823 14.960
201412 14.296 99.543 17.685
201503 14.347 99.717 17.717
201506 17.889 100.417 21.937
201509 17.820 100.417 21.853
201512 19.510 99.717 24.093
201603 19.985 100.017 24.605
201606 20.944 100.717 25.607
201609 20.928 101.017 25.511
201612 23.603 101.217 28.715
201703 23.873 101.417 28.987
201706 24.838 102.117 29.952
201709 24.931 102.717 29.888
201712 27.880 102.617 33.456
201803 28.171 102.917 33.707
201806 28.884 104.017 34.194
201809 29.234 104.718 34.377
201812 32.377 104.217 38.256
201903 32.570 104.217 38.484
201906 32.967 105.718 38.400
201909 33.029 106.018 38.363
201912 35.567 105.818 41.389
202003 36.149 105.718 42.107
202006 35.327 106.618 40.802
202009 35.480 105.818 41.288
202012 38.980 105.518 45.490
202103 39.551 107.518 45.298
202106 38.660 108.486 43.882
202109 41.034 109.435 46.173
202112 42.141 110.384 47.011
202206 44.487 115.760 47.323
202212 41.064 119.345 42.370
202306 37.597 123.140 37.597

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  (XTER:DWNI) 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 (XTER:DWNI) 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.
Executives
Tina Kleingarn Supervisory Board
Lars Urbansky Board of Directors
Michael Zahn Board of Directors
Henrik Thomsen Board of Directors

Deutsche Wohnen SE (XTER:DWNI) Headlines

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