Deutsche Bank Aktiengesellschaft (DBK) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Deutsche Bank Aktiengesellschaft stock €31.94, price €31.56, upside +1.2%, quality 69 out of 100. Rating: fairly valued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
Deutsche Bank Aktiengesellschaft
DBK · XETRAThe stock costs about what our calculation considers fair.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range €6.71 – €35.75 · fair‑value band €23.95 – €39.92 · the €31.56 price screens below the €31.94 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
Every Wednesday you see whether Deutsche Bank Aktiengesellschaft is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Deutsche Bank, 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.
Show moreShow less
It operates through Corporate Bank, Investment Bank, Private Bank, and Asset Management segments.
The Corporate Bank segment offers cash management services, such as integrated payments and FX solutions; trade finance and lending offerings, including documentary and guarantee business, and structured trade finance and lending; and depository receipts, corporate trust, document custody, and securities services.
The Investment Bank segment provides financing solutions in industries and asset classes; institutional sales, trading, and structuring in foreign exchange, rates, emerging markets, and credit trading; liquidity, market making services, and specialized risk management solutions for fixed income and currencies products; and advisory and financial products and services.
This segment is also involved in the mergers and acquisitions business; and capital markets businesses in debt and equity.
The Private Bank segment offers a range of payment and account services, and credit and deposit products, as well as investment advice, and postal and parcel services; and planning, managing and investing wealth, financing personal and business interests, and servicing institutional and corporate needs.
The Asset Management segment provides access to investment capabilities in active and passive asset classes comprising Xtrackers range and alternatives; and access to private equity, private credit, real estate, and infrastructure.
Deutsche Bank was incorporated in 1870 and is headquartered in Frankfurt am Main, Germany.
Stock analysis
Deutsche Bank Aktiengesellschaft (DBK) currently trades at €31.56, while our model-based Fair Value estimate is €31.94, so the stock looks roughly fairly valued today (gap 1.2%).
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of €39.39 per share, and 2 of the 6 models we run sit above the €31.56 price.
Bear case: the Dividend Discount group reads lowest at €10.41, and 4 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: €23.95 (bear) to €39.92 (bull), the price of €31.56 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Deutsche Bank Aktiengesellschaft reported revenue of €60.9B in FY2025 versus €25.3B in FY2021, a compound +24.5%/yr. Reported net income was €6.9B in FY2025, compounding +30.8%/yr from FY2021.
Key figures
Market cap €61.1B Large · P/E ratio 9.2 · P/S ratio 1.99 · EPS (TTM) €3.42 · Dividend yield 3.2% · Net margin 22.7% · Return on equity 9.0% · Return on assets (EBIT) 0.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 62 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 32% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at 1%, DBK screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Watch DBK, get fair value alerts →
Compare Deutsche Bank Aktiengesellschaft with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Revenue growth by industry
- PEG ratio by industry
- PEG screener for stocks with fair value
- Undervalued stocks: German Stocks
- Valuation of the Germany market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs DBK |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs DBK |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs DBK |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs DBK |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs DBK |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs DBK |
| Mizuho Financial Group MFG | $9.40 | $5.90 | −37% | vs DBK |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs DBK |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs DBK |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs DBK |
Explore undervalued stocks
More undervalued Financial Services stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Deutsche Bank Aktiengesellschaft (DBK) overvalued or undervalued?
What is the fair value of DBK?
What is the quality score of DBK?
What is the price target for Deutsche Bank Aktiengesellschaft (DBK)?
What is the Deutsche Bank Aktiengesellschaft stock forecast for 2026?
What is the revenue of Deutsche Bank Aktiengesellschaft (DBK)?
Does Deutsche Bank Aktiengesellschaft pay a dividend?
How much is the dividend of Deutsche Bank Aktiengesellschaft (DBK) and when is the ex-dividend date?
What is the intrinsic value of Deutsche Bank Aktiengesellschaft (DBK)?
Is Deutsche Bank Aktiengesellschaft stock overvalued or undervalued in 2026?
Is fair value the same as the market price of DBK?
How much is Deutsche Bank Aktiengesellschaft worth?
What do the bullish and bearish scenarios say about DBK?
What is the P/E ratio of DBK?
What is the PEG ratio of DBK?
How solid is the balance sheet of Deutsche Bank Aktiengesellschaft (DBK)?
How far is DBK from its 52-week high?
Which stocks are comparable to Deutsche Bank Aktiengesellschaft?
Is Deutsche Bank Aktiengesellschaft stock attractive at the current price?
How is the fair value of DBK calculated?
Is it still worth investing in stocks now?
What is the share price of Deutsche Bank Aktiengesellschaft (DBK)?
What should I pay attention to with Deutsche Bank Aktiengesellschaft right now?
Key figures of Deutsche Bank Aktiengesellschaft
How large is the market capitalisation of Deutsche Bank Aktiengesellschaft (DBK)?
What is the P/S ratio of Deutsche Bank Aktiengesellschaft (DBK)?
What are the earnings per share of Deutsche Bank Aktiengesellschaft (DBK)?
What is the dividend yield of Deutsche Bank Aktiengesellschaft (DBK)?
What is the net margin of Deutsche Bank Aktiengesellschaft (DBK)?
What is the return on equity of Deutsche Bank Aktiengesellschaft (DBK)?
What is the EBIT return on assets of Deutsche Bank Aktiengesellschaft (DBK)?
What is the operating margin of Deutsche Bank Aktiengesellschaft (DBK)?
How fast is revenue growing at Deutsche Bank Aktiengesellschaft (DBK)?
How fast are earnings growing at Deutsche Bank Aktiengesellschaft (DBK)?
How much free cash flow does Deutsche Bank Aktiengesellschaft (DBK) generate?
How much net debt does Deutsche Bank Aktiengesellschaft (DBK) carry?
Watch Deutsche Bank Aktiengesellschaft in the live analysis
One click puts Deutsche Bank Aktiengesellschaft on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.