Deutsche Bank AG (DB) is a publicly traded company in the Financial Services — Banks - Regional industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Deutsche Bank AG operates as a global financial institution, delivering a wide spectrum of investment, financial, and related services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank division offers key services including cash management, trade finance and lending, trust and agency functions, foreign exchange, and securities services, alongside specialized risk management solutions.
Is Deutsche Bank AG stock overvalued or undervalued in 2026?
Deutsche Bank AG (DB) trades at 8.2× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROTCE del 9,5 % (1.3×) $51 (+47 %); at its peers' median (1.2×) $48 (+38 %).
Kaplio overview: Deutsche Bank AG
Market cap $66B · 52 weeks $28 – $42 (19 % below the high) · P/E 8.2× · 2027 expected P/E 8.1× · Dividend 3.2 % · 3 years rising · Next earnings February 4, 2027 · expected EPS $0.77 · Closing price, Oct 29 · accounts published Oct 28.
- Valuation: P/B 0.9× (justified).
- Business: ROTCE 9.5 % (weak).
- Balance sheet: Capital/assets 5.5 % (fragile).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At a P/B justified by its ROTCE del 9,5 % (1.3×) $51 (+47 %); at its peers' median (1.2×) $48 (+38 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 2 of 5 pass
- ROA 0.5 %, fails.
- ROTCE 9.5 %, fails.
- Equity / Assets (Tier 1 proxy) 5.5 %, fails.
- P/B (Price / Book) 0.9×, passes.
- Sustainable dividend yield 3.2 %, passes.
Against its peers (reference peers) — Deutsche Bank AG: P/E 8.2×; P/B 0.9×; ROE 10.6 %; $65.5B. Truist Financial Corporation (P/E 12.7×; P/B 1.0×; ROE 8.1 %; $60.3B), Nu Holdings Ltd. (P/E 16.3×; P/B 3.6×; ROE 30.3 %; $58.2B), Lloyds Banking Group plc (P/E 12.1×; P/B 1.2×; ROE 11.1 %; $75.6B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 0.9× · median 0.4× · minimum 0.2× · maximum 1.1× · cheap below 0.3× · expensive above 0.5×. It has been cheaper than today 93% of the time over its last ten fiscal years.
Dividend
solid · Yield 3.2 % ($0.73 per ADS in 2025) · Years raising it 3 · 5-year growth +35 % a year · Free cash flow coverage payout 18 % · With $1,000 invested today you'd collect $32.00 a year ($2.67 a month).
Investor methods verdict
Would Peter Lynch approve Deutsche Bank today?
The Lynch Method would not approve Deutsche Bank today: it fails its quality rules. Business quality: 80 out of 100 (price not included). Lynch classifies it as an asset play. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 10.63% |
| Return on Invested Capital | 0.51% |
| Return on Assets | 0.49% |
| Gross Margin | 52.37% |
| Operating Margin | 17.89% |
| Net Margin | 12.55% |
Financial Health
| Debt / Equity | 2.18 |
| Current Ratio | 5.80 |
| Piotroski F-Score | 5 |
| Altman Z-Score | -0.28 |
Price Performance
| 1 month | -6.63% |
| 3 months | -8.69% |
| Year-to-date | -13.10% |
| 1 year | -6.81% |
| 3 years | +204.36% |
| 5 years | +161.39% |
| 10 years | +140.56% |
Dividend History
Paid in the last 12 months: $1.1678 per share in 1 payments.
| Date | Amount |
|---|---|
| 2026-05-29 | $1.1678 |
| 2025-05-23 | $0.7718 |
| 2024-05-17 | $0.4891 |
| 2023-05-18 | $0.3250 |
| 2022-05-20 | $0.2120 |
| 2019-05-24 | $0.1232 |
| 2018-05-25 | $0.1290 |
| 2017-05-19 | $0.2110 |
| 2015-05-22 | $0.7438 |
| 2014-05-23 | $0.8724 |
Amounts adjusted for stock splits.
Related companies: 0O84.L · MFG · HDB · IBN · SBID.L · USB · PNC · 0LHY.L
Explore sector: Financial Services · Banks - Regional
More sections of DB: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks