Book value per share is a widely used stock evaluation measure. Deutsche bank overhaul derailed by coronavirus fallout. Deutsche bank tangible book value per share db ycharts. Find the latest price book value for deutsche bank aktiengesellschaft db. Book value is a widely used stock evaluation measure. A tangible book value per share tbvps is a method of valuing a company on a per share basis by measuring its. Deutsche bank ag db q3 2019 earnings call transcript. All data reported as 2014 is from october 1, 20 to september 30, 2014. Facts and figures deutsche bank annual report 2017. Tangible book value over time captures the companys use of capital, balance sheet and profitability. Bnp paribas price is distressed but business is not. Db book value per share explanation usually a companys book value and tangible book per share may not reflect its true value. Deutsche bank shares continue to fall as investors question. Deutsche bank aktiengesellschaft db book value per share.
Oct 20, 2018 book value per share is a good measure to value bank stocks. Deutsche bank annual report 2017 nongaap financial measures. Find the latest book value for deutsche bank aktiengesellschaft db deutsche bank aktiengesellschaft db book value zacks. Deutsche bank ags tangible book value per share for the quarter that ended in dec. Total tangible equity is calculated as the total stockholders equity minus. For a reconciliation of this measure to reported results, see. How to figure the book value of bank stock finance zacks. Bank dividends and book values to come under deep scrutiny. A lower return on a smaller book value necessarily leads to a lower share price. Deutsche bank corporate responsibility report 2014. Deutsche bank corporate responsibility report 2015 key figures.
In depth view into deutsche bank tangible book value per share including historical data from 1998, charts, stats and industry comps. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates. Book value per share tells investors what a bank s, or any stocks, book value is on a per share basis. Deutsche was in a hurry and it concluded that the fastest, easiest way to build its capabilities in.
Does this european country hold the best bank value stocks. Yes, that is not a typo, db is trading at a 69% discount to tangible book. Deutsche bank ag balance sheet, income statement, cash flow, earnings. Find the latest price book value for bank of america corporation bac bank of america corporation bac price book value. In depth view into bank of america tangible book value per share including historical data from 1973, charts, stats and industry comps. Book value, tangible book value and dividends declared history. Heres how investors should value bank of americas stock. The shares should trade at least at one times tangible book value, which stands at 25. Deutsche bank aktiengesellschaft db price book value. Bnp trades at under 62% of tangible book value per share. The company is poised to increase market share in europe as other rivals fade. Tangible book value per share is calculated as the total tangible equity divided by.
Deutsche bank ag shares slid a second day as investors and analysts questioned the german lenders growth projections and managements grip on restructuring. Deutsche bank shares continue to fall as investors. Diluted earnings per share assume the conversion into. Price book value is a widely used stock evaluation measure. Commerzbank shares rise on unicredit report sa breaking news 0404 04. A tangible book value per share tbvps is a method of valuing a company on a per share basis by measuring its equity after removing any intangible assets. Depreciation is the reduction of an items value over time.
Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each share after all debts are paid accordingly. Picking a set of comparable companies or precedent transactions for a bank is very similar to what youd do for any other company here are the differences. Tangible book value per basic share outstanding, book value per basic share outstanding. Hence, deutsche bank ags price to tangible book ratio of today is 0. Price to book value is a valuation ratio that is measured by stock price book value per share.
On average, deutsches return on tangible equity a measure of profitability that stood at minus 2. Basic earnings per common share amounts are compute basic earnings per common share amounts are computed by dividing net income loss attributable to deutsche bank shareholders by the average number of common shares outstanding during the year. Why deutsche bank is too small to matter realmoney. Since the start of 2018, forecasts for both numbers have fallen substantially. If the market value per share is lower than the book value per share, then the stock price may be undervalued. The assets may be carried on the balance sheets at the original cost minus depreciation. Find out all the key statistics for deutsche bank ag db, including valuation.
Nov 30, 2018 why deutsche bank is too small to matter. Deutsche bank annual report 2016 nongaap financial measures. Tangible book value is the value of the total net assets of a company not including any intangible assets. Deutsche bank annual report 2016 facts and figures.
Let us focus on results for our core bank in the quarter on slide eight. Deutsche banks price to tangible book value ptbv is too low. Book value per basic share outstanding represents the banks total shareholders equity divided by the number of basic shares. To arrive at this number, subtract liabilities from assets. Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly. Although deutsche banks db common stock has been a horrible investment over the last 10 years, their current price to tangible book value. When stock is trading below its tangible book value per share, it might be considered undervalued. Tangible book value per basic share outstanding2 37. Find out all the key statistics for deutsche bank ag db, including. For a reconciliation of this measure to reported results, see appendix e.
A tangible book value per share tbvps is a method of valuing a company on a pershare basis by measuring its equity after removing any intangible assets. The chart shows the increase in tangible book value per share. Net income loss attributable to deutsche bank shareholders is a nongaap financial measure and is defined as net income loss excluding post tax. Find the latest book value per share for deutsche bank aktiengesellschaft db. The trading economics application programming interface api provides direct access to our data. In this scenario, the socalled priceto book pb ratio is applied with a bank s stock price compared to equity book value per share. Should the company decide to dissolve, the book value per common share indicates the dollar value remaining for common shareholders after all assets are. Two top german banks still trade well below tangible book value. In theory, a stocks tangible book value per share represents the amount of money an investor would receive for each share if a company were to. May 22, 2019 book value per share compares the amount of stockholders equity to the number of shares outstanding. Deutsche bank reaffirms its target of an 8% posttax return on tangible equity rote in 2022. Net income loss attributable to deutsche bank shareholders, which is defined as net income loss excluding noncontrolling interests, divided by the weighted average number of diluted shares outstanding. The ghg reporting boundary is defi ned according to ghg protocols operational control approach and includes businesses and sites where deutsche bank staff hold executive positions in the company, and deutsche banks operational policies are implemented. Deutsche bank may need fresh funds for merger sa breaking news 0405 05.
Pb is a stocks share price divided by its book value per share. Since intangibles such as goodwill cannot be sold when. Deutsche is now trading at 31% of tangible book value. Find out all the key statistics for deutsche bank ag db, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Bank of americas tangible book value per share for the quarter that ended in dec. Deutsche bank s shares are under pressure from analysts downgrading their forecasts for returns and tangible book value per share, key metrics for bank valuations. For the components of the calculation, see appendix a. Book value of an asset refers to the value of an asset when depreciation is accounted for. Book value, tangible book value and dividends declared. Bank of the ozarks announces second quarter 2018 earnings. If a stock is trading perfectly inline with its book value, its pb will be 1. View full chart tangible book value per share chart.
Aug 17, 2019 the book value per share is a market value ratio that weighs stockholders equity against shares outstanding. The group at a glance 2016 2015 due to rounding, numbers presented throughout this document may not add up precisely to the totals. Book value per basic share outstanding and tangible book value per basic share outstanding are nongaap financial measures that are used and relied upon by investors and industry analysts as capital adequacy metrics. What is the average price to book ratio for a bank. In other words, the value of all shares divided by the number of shares issued. Sep 20, 20 the priceto tangible book value ratio excludes intangible assets and goodwill. Thus, this measure is a possible indicator of the value of a companys stock. Deutsche bank ags book value per sharefor the quarter that ended in dec.
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