GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Deutsche Bank AG (BSE:DBK) » Definitions » Cyclically Adjusted Revenue per Share

Deutsche Bank AG (BSE:DBK) Cyclically Adjusted Revenue per Share : lei83.61 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Deutsche Bank AG Cyclically Adjusted Revenue 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 Revenue per Share and 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 Bank AG's adjusted revenue per share for the three months ended in Mar. 2024 was lei18.766. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is lei83.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deutsche Bank AG's average Cyclically Adjusted Revenue Growth Rate was -6.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -7.70% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Deutsche Bank AG was -0.40% per year. The lowest was -9.30% per year. And the median was -7.70% per year.

As of today (2024-05-28), Deutsche Bank AG's current stock price is lei77.15. Deutsche Bank AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was lei83.61. Deutsche Bank AG's Cyclically Adjusted PS Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Deutsche Bank AG was 0.98. The lowest was 0.22. And the median was 0.54.


Deutsche Bank AG Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Deutsche Bank AG's Cyclically Adjusted Revenue 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 Bank AG Cyclically Adjusted Revenue per Share Chart

Deutsche Bank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.42 101.26 98.69 91.26 85.30

Deutsche Bank 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 Revenue 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 89.53 87.13 86.33 85.30 83.61

Competitive Comparison of Deutsche Bank AG's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Deutsche Bank 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 Bank AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Deutsche Bank AG Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Deutsche Bank 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)
=18.766/125.0381*125.0381
=18.766

Current CPI (Mar. 2024) = 125.0381.

Deutsche Bank AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 37.073 99.543 46.568
201409 29.293 99.823 36.693
201412 27.466 99.543 34.501
201503 31.700 99.717 39.750
201506 28.870 100.417 35.949
201509 26.160 100.417 32.574
201512 13.809 99.717 17.316
201603 25.767 100.017 32.213
201606 21.053 100.717 26.137
201609 21.420 101.017 26.514
201612 22.016 101.217 27.197
201703 21.641 101.417 26.681
201706 15.675 102.117 19.193
201709 17.104 102.717 20.821
201712 13.369 102.617 16.290
201803 17.567 102.917 21.343
201806 15.805 104.017 18.999
201809 15.111 104.718 18.043
201812 13.530 104.217 16.233
201903 15.059 104.217 18.068
201906 14.989 105.718 17.728
201909 12.485 106.018 14.725
201912 12.968 105.818 15.323
202003 14.734 105.718 17.427
202006 15.157 106.618 17.776
202009 14.769 105.818 17.452
202012 12.953 105.518 15.349
202103 18.271 107.518 21.248
202106 15.849 108.486 18.267
202109 15.177 109.435 17.341
202112 14.027 110.384 15.889
202203 17.136 113.968 18.800
202206 15.034 115.760 16.239
202209 14.597 118.818 15.361
202212 13.849 119.345 14.510
202303 17.802 122.402 18.185
202306 17.379 123.140 17.647
202309 16.562 124.195 16.674
202312 21.473 123.773 21.692
202403 18.766 125.038 18.766

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Deutsche Bank AG  (BSE:DBK) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Bank AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=77.15/83.61
=0.92

* 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 PS Ratio of Deutsche Bank AG was 0.98. The lowest was 0.22. And the median was 0.54.


Be Aware

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


Deutsche Bank AG Cyclically Adjusted Revenue per Share Related Terms

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


Deutsche Bank AG (BSE:DBK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Deutsche Bank AG (BSE:DBK) » Definitions » Cyclically Adjusted Revenue per Share
Address
Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325
Deutsche Bank is a universal bank operating on a global scale. The bank offers corporate, retail, investment banking, private banking, and asset management to its clients.

Deutsche Bank AG (BSE:DBK) Headlines

No Headlines