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DBK.DE · bank / insurer · relative-multiples view

Deutsche Bank Aktiengesellschaft (DBK.DE): Valuation Snapshot

Deutsche Bank Aktiengesellschaft (DBK.DE) is a bank, insurer or other financial, and a discounted-cash-flow model is the wrong lens for one, so TickerWorth does not publish a DCF fair value for it. What its filings and market data do show is below. Snapshot as of Oct 19, 2026.

Model by · generated from public market data · Updated Oct 19, 2026 · How these pages are made

How is a bank like DBK.DE valued?

We don’t publish a DCF for this company

This is a bank / insurer / financial. A free-cash-flow DCF is structurally the wrong lens here (their debt and float are raw material, not financing), so we don't publish one. Our bank model (justified price-to-book) declined to value it too: our cost-of-equity inputs are US-market (10-year Treasury, US equity risk premium); we don't apply them to a EUR listing. The price-to-book and price-to-earnings figures below are context for comparison, not a fair value.

Bank model (justified price-to-book)

Not published. Our cost-of-equity inputs are US-market (10-year Treasury, US equity risk premium); we don't apply them to a EUR listing.

What is DBK.DE's TickerWorth Score?

B62/100

Cheap against our estimate — but a weaker business

Compared with Financial Services companies in Europe

Its strongest point: looks cheap on the numbers. Its weakest: profitability is weak.

  • Value · 85 of 100

    Cheaper than 85% of Financial Services companies in Europe

  • Price vs worth · 100 of 100
  • Quality · 25 of 100

    More profitable than 25% of Financial Services companies in Europe

  • Financial health · 61 of 100

    Financially stronger than 61% of Financial Services companies in Europe

  • Growth · 60 of 100

    Growing faster than 60% of Financial Services companies in Europe

  • Momentum · 25 of 100

    Outperformed 25% of Financial Services companies in Europe over the past year

Confidence: Medium confidence · Scored

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Price
€28.52
Market cap
€53,589,082,112
52-week high
€35.84
52-week low
€23.82
Currency
EUR
Exchange
XETRA

Snapshot of Oct 19, 2026, quote time not published · Prices are delayed.

What we can say

Deutsche Bank Aktiengesellschaft (DBK.DE) is a bank, insurer or other financial, and a free-cash-flow discounted-cash-flow (DCF) model is structurally the wrong lens for it: for these businesses debt and float are raw material, not financing, so there is no meaningful 'free cash flow' to discount. Instead of a misleading intrinsic-value number, this page reads DBK.DE the way financials are actually valued — on relative multiples such as price-to-earnings and, above all, price-to-book — plus a plain description of where the stock trades. It is a descriptive snapshot, not a valuation, and not investment advice.

Read the full reasoning

On the numbers we do have, DBK.DE trades at a recent price of €28.52, a market capitalisation of about €53,589,082,112, sitting 39% of the way up its 52-week range (€23.82–€35.84), on the XETRA.

The standard alternative to a DCF is relative valuation — comparing DBK.DE's trading multiples against a sector benchmark. Here that gives P/E of 8.7× (cheaper than the peer median of 14.2×); Fwd P/E of 7.4× (cheaper than the peer median of 13.3×); P/B of 0.7× (cheaper than the peer median of 2.6×); P/S of 1.8× (cheaper than the peer median of 4.7×); Dividend yield of 3.5% (cheaper than the peer median of 1.9%). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.

The asset, or book-value, lens is the classic tool for asset-heavy businesses and financials. DBK.DE shows a price-to-book (P/B) of 0.68 and book value of €41.95 per share. Price-to-book compares the market price to the accounting net-asset value per share; below 1.0 can mean a discount to net assets or that the market is pricing in trouble — descriptive either way, never a buy signal on its own.

Finally, a price-based read — explicitly not a valuation. DBK.DE is in a mixed trend, trading -20.4% from its 52-week high. Over the past year the stock is +1.1%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.

To be exact about what this page is not: we are not saying the numbers for DBK.DE are unavailable. They are, and they are above. We are saying a discounted-cash-flow model is the wrong instrument for this kind of business, and publishing one anyway — because the inputs happen to exist — would be a precise answer to the wrong question. Refusing is the more useful answer, and it is the same rule we apply to every name in this category.

DBK.DE vs peers

Sector benchmark (bellwethers, not direct competitors).

MultipleDBK.DEPeer medianRead
P/E8.7×14.2×cheaper than
Fwd P/E7.4×13.3×cheaper than
P/B0.7×2.6×cheaper than
P/S1.8×4.7×cheaper than
Dividend yield3.5%1.9%cheaper than

What does Deutsche Bank Aktiengesellschaft do?

What does it do?

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, private clients, and asset management products and services in Germany, the United Kingdom, the rest of Europe, the Americas, the Asia-Pacific, the Middle East, and Africa. It operates through Corporate Bank, Investment Bank, Private Bank, and Asset Management segments. It operates in the Banks - Regional industry (Financial Services sector), headquartered in Germany. The company employs roughly 89,742 people.

How does it make money?

The business turns 30.5B in annual revenue into profit. Out of every $100 of sales, about $33 is left as operating profit (operating margin of 33.4%), after a 0% gross margin on the products/services it sells. After all costs, taxes and interest, 22.7% of revenue becomes bottom-line net profit.

Is it financially healthy?

Financially it looks solid: is currently profitable.

DBK.DE insider trading

Insider filings are available for US-listed companies only.

Not investment advice. TickerWorth Score is a model output.

A descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public market data that can be wrong, stale or incomplete.