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Deutsche Boerse AG (Deutsche Boerse AG) Cyclically Adjusted PS Ratio : 8.10 (As of May. 19, 2024)


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What is Deutsche Boerse AG Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Deutsche Boerse AG's current share price is $199.70. Deutsche Boerse AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $24.66. Deutsche Boerse AG's Cyclically Adjusted PS Ratio for today is 8.10.

The historical rank and industry rank for Deutsche Boerse AG's Cyclically Adjusted PS Ratio or its related term are showing as below:

DBOEF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.6   Med: 8.63   Max: 11.18
Current: 8.01

During the past years, Deutsche Boerse AG's highest Cyclically Adjusted PS Ratio was 11.18. The lowest was 6.60. And the median was 8.63.

DBOEF's Cyclically Adjusted PS Ratio is ranked worse than
76.03% of 580 companies
in the Capital Markets industry
Industry Median: 3.12 vs DBOEF: 8.01

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Deutsche Boerse AG's adjusted revenue per share data for the three months ended in Mar. 2024 was $10.123. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $24.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche Boerse AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Deutsche Boerse AG's Cyclically Adjusted PS 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 Boerse AG Cyclically Adjusted PS Ratio Chart

Deutsche Boerse AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.68 9.14 8.70 8.18 8.37

Deutsche Boerse 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 PS 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 8.68 7.98 7.51 8.37 8.23

Competitive Comparison of Deutsche Boerse AG's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Boerse AG's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Deutsche Boerse AG Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Deutsche Boerse AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=199.70/24.66
=8.10

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.123/125.0381*125.0381
=10.123

Current CPI (Mar. 2024) = 125.0381.

Deutsche Boerse AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.232 99.543 5.316
201409 4.055 99.823 5.079
201412 4.226 99.543 5.308
201503 3.679 99.717 4.613
201506 3.716 100.417 4.627
201509 3.734 100.417 4.650
201512 3.594 99.717 4.507
201603 4.038 100.017 5.048
201606 4.004 100.717 4.971
201609 3.710 101.017 4.592
201612 3.812 101.217 4.709
201703 3.987 101.417 4.916
201706 4.205 102.117 5.149
201709 4.219 102.717 5.136
201712 4.577 102.617 5.577
201803 5.126 102.917 6.228
201806 4.889 104.017 5.877
201809 4.613 104.718 5.508
201812 5.065 104.217 6.077
201903 4.992 104.217 5.989
201906 5.018 105.718 5.935
201909 4.947 106.018 5.835
201912 5.155 105.818 6.091
202003 6.181 105.718 7.311
202006 5.472 106.618 6.417
202009 5.217 105.818 6.165
202012 6.536 105.518 7.745
202103 6.870 107.518 7.989
202106 6.976 108.486 8.040
202109 6.884 109.435 7.866
202112 7.196 110.384 8.151
202203 7.479 113.968 8.205
202206 7.080 115.760 7.647
202209 7.143 118.818 7.517
202212 8.192 119.345 8.583
202303 8.620 122.402 8.806
202306 8.541 123.140 8.673
202309 8.342 124.195 8.399
202312 10.142 123.773 10.246
202403 10.123 125.038 10.123

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Boerse AG  (OTCPK:DBOEF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Deutsche Boerse AG Cyclically Adjusted PS Ratio Related Terms

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Deutsche Boerse AG (Deutsche Boerse AG) Business Description

Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.

Deutsche Boerse AG (Deutsche Boerse AG) Headlines

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