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