Both scenarios, downward and upward shock, lead to a decrease in the economic value mainly due to a negative convexity in deutsche banks pension. Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value not market value. Russian oligarchs mix with shady characters from all over the world in money laundering that other banks wouldnt touch. Despite those efforts, deutsche still has 7bn of socalled nonstrategic legacy assets left in a special unit and a 25bn pile of illiquid, hardtovalue level 3 assets on its books. The pricetobook pb ratio is an evaluation metric that is used to compare the current market price of a companys stock to its book value. To arrive at this number, subtract liabilities from assets.
Oct 20, 2018 book value per share is a good measure to value bank stocks. During the past 5 years, the average book value per share growth rate was 9. Were adventurous but responsible, developing trusting and lasting partnerships. Why deutsche bank is a value trap, not a value stock. Historical price to book ratio values for deutsche bank aktiengesellschaft db over the last 10.
Deutsche bank aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Deutsche banks winddown unit is a cornerstone of the july revamp under sewing. We want to foster an environment that is open and diverse, where staff opinions and speaking up are valued, and our employees and the firms success is built on respect, collaboration and teamwork in serving our clients, stakeholders and communities. Ten percent is a benchmark for return on equity in the banking sector, but even at 10%, its not clear deutsche bank would be. Deutsche bank seeks breathing space by slashing trading. Hence, deutsche bank ags price to tangible book ratio of today is 0. Jun 25, 2019 the pricetobook pb ratio is an evaluation metric that is used to compare the current market price of a companys stock to its book value. Find out all the key statistics for deutsche bank ag db, including valuation measures. Economic value interest rate risk in the banking book by currency. The price to book ratio or pb is calculated as market capitalization divided by its book value. In this scenario, the socalled priceto book pb ratio is applied with a bank s stock price compared to equity book value per share. A high pb ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets.
Ycharts book value of equity is the equivalent of total assets less total liabilities and preferred equity. Its goal is to release tiedup capital by reducing assets quickly while avoiding deep writedown s on them. Deutsche bank ags book value per sharefor the quarter that ended in mar. Pb ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Nov 27, 2019 deutsche banks winddown unit is a cornerstone of the july revamp under sewing. They help us to conduct business with the utmost integrity, to create longterm value for our shareholders and to nurture the best talent.
Current and historical book value per share for deutsche bank aktiengesellschaft db from 2006 to 2019. Deutsche bank corporate responsibility report 2014. Corporate culture and corporate values deutsche bank. Its book value per share for the quarter that ended in jun. Db stock deutsche bank stock price today markets insider. Deutsche bank ags book value per share for the quarter that ended in mar. The following table shows the variation of the economic value for deutsche banks banking book positions resulting from downward and upward interest rate shocks by currency. Deutsche is now trading at 31% of tangible book value. Dont say buy buy to deutsche bank db stock, say bye bye. Therefore market values are driven by the supply and demand for the stock. May 12, 2020 deutsche bank ag company facts, information and stock details by marketwatch.
This ratio measures the price of a stock compared to tangible assets on its balance sheet. Et on seeking alpha deutsche bank sets target for sustainable investment by 2025. Sewings new deutsche bank confronts old fears in crisis. In this scenario, the socalled pricetobook pb ratio is applied with a banks stock. In depth view into deutsche bank book value per share including historical data from 1998, charts, stats and industry comps. If any malicious program is detected on your computer, deutsche bank would disable your online access. Book value per share is a good measure to value bank stocks. This is partly driven by general pressure on financial stocks, but also by the bank s own specific woes. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. In the world of investments there are two primary ways in which investors analyze value. In depth view into deutsche bank price to book value including historical data from 1998, charts, stats and industry comps. During the past years, the highest pb ratio of deutsche bank ag was 0. Trumps first point man at deutsche bank was mike offit, who arranged loans to renovate 40 wall street and to build a.
Deutsche bank has a service through which we can receive information about virus infected computers that have been used to access db onlinebanking. Thats a discount to the average pricetobook ratio of large american banks of roughly 82% and a 77% discount to the. Deutsche bank will cut the book value of postbank to 2. Mar 01, 2018 focusing on factors such as book values, with the return and cost of equity, can be fitting for evaluating dbs intrinsic value. In other words, book value is the companys total tangible assets less its total liabilities. Price book value is a widely used stock evaluation measure.
Jun 01, 2018 take one of the best metrics for valuing bank stocks, the pricetobook ratio. Apr 20, 2020 deutsche bank has also sold off billions in risky securities and has exited equities trading, but as of december, it still sat on more than 24 billion euros in hardto value assets, such as. Deutsche bank refused to talk on the bidders, but is getting ready for divestiture before the end of the current year. Deutsche bank ag company facts, information and stock details by marketwatch. Deutsche bank corporate responsibility report 2014 values. Deutsche bank code of conduct the code articulates what our bank stands for and what we want our overall culture to be. Thats a discount to the average pricetobook ratio of large american banks of.
This is partly driven by general pressure on financial stocks, but also by the banks own specific woes. How to figure the book value of bank stock finance zacks. Book value is a widely used stock evaluation measure. Now get great value and exciting offers on travel, holiday packages, airports etc. Deutsche bank dbk book value per share trading economics. The current price to book ratio for deutsche bank aktiengesellschaft as of may 08, 2020 is 0. Feb 11, 2016 deutsche bank will cut the book value of postbank to 2. Deutsche bank dbk book value per share actual data and historical chart was last updated on may of 2020 according to the latest annual and quarterly. Book value per share tells investors what a banks, or any stocks, book value is on a pershare basis. Deutsche bank aktiengesellschaft price to book ratio 2006. I n a best selling book on the valuation of c ompanies written by three consultants koller et al. Deutsche bank aktiengesellschaft price to book ratio 20062019. The pb ratio is favored by value investors for its.
Find out all the key statistics for deutsche bank ag db, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. During the past 12 months, deutsche bank ags average book value per share growth rate was 9. A new research put out by deutsche bank ag usa nyse. Yes, that is not a typo, db is trading at a 69% discount to tangible book.
In deutsche banks giant yard sale, goldman is eager buyer. Date, stock price, book value per share, price to book ratio. Get the latest deutsche bank stock price and detailed information including db news, historical charts and realtime prices. Deutsche banks success is built on the agile thinking of our people. Focusing on factors such as book values, with the return and cost of equity, can be fitting for evaluating dbs intrinsic value. During the past 3 years, the average book value per share growth rate was 11. Take one of the best metrics for valuing bank stocks, the pricetobook ratio. Our phone banking team would inform you about the same and would send you a new ipin. European banks price to book value lowest since 1990. Some of these shenanigans involve donald trumps business loans, but david enright looks at the bank in its history in his book, dark towers. Deutsche bank has also sold off billions in risky securities and has exited equities trading, but as of december, it still sat on more than 24 billion euros in hardtovalue assets, such as. Deutsche bank built up its derivatives book during a time of aggressive expansion when it wanted to compete with wall street giants such as goldman sachs and jpmorgan. Deutsche bank aktiengesellschaft book value per share 2006.
We know that a high performance culture goes handinhand with a culture of responsibility creating value for clients while being sensitive to our impact on the environment, the economy, and. Historical price to book ratio values for deutsche bank aktiengesellschaft db over the last. Deutsche bank to write down value of retail unit postbank. The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock.
Historical price to book ratio values for deutsche bank aktiengesellschaft db over the last 10 years. Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets. Its corporate bank segment provides cash management, trade finance and lending, trust and agency, and securities services. Deutsche bank dbk book value per share actual data and historical chart was last updated on may of 2020 according to the latest annual and quarterly financial statements. Market value is the value of the asset on the market.
Simply book with your deutsche bank visa debit card and enter relevant promo code to avail the offer. The economy is worsening, bad debt expectations are on the rise, deposits fell 1. Price to book value is a financial ratio used to compare a companys book value to its current market price. The estimated change in the economic value resulting from the impact of the bcbs parallel yield curve shifts of. Below well take a look at how to value db in a relatively accurate and uncomplicated way. Feb 14, 2020 a revelatory book about the rise and fall of the worlds biggest bank might hold some interest to financiers, business school professors and readers of the economist. Although deutsche banks common stock has been a horrible investment over the last 10 years, their current price to tangible book value ptbv is too low for investors to pass up. Deutsche price to book analysis price to book pb ratio is used to relate a company book value to its current market price. How to figure the book value of bank stock pocketsense. Deutsche bank, donald trump and an epic trail of destruction. Book value is an accounting concept, recording the accumulated financial input from both contributed capital and retained earnings. Intrinsic business value is an economic concept, estimating future cash output discounted to present value.
Deutsche bank mulls sale of german online bank may. Find the latest book value for deutsche bank aktiengesellschaft db. Deutsche bank aktiengesellschaft db price book value. Why deutsche bank is too small to matter realmoney. Find the latest price book value for deutsche bank aktiengesellschaft db. Thats a discount to the average pricetobook ratio of large american banks of roughly 82% and a.
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