Is Deutsche Bank AG overvalued?

Deutsche Bank AG (DB) looks undervalued — trading about 15% below its fair value.

Undervalued

Price

$34.97

Fair value

$40.07

Current P/E

9.6

Normal P/E

11.0

Market cap

$65.71B

Dividend yield

3.3%

Return on equity

9.6%

Sector

Financial Services

Fair value compares DB's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 3 Oct 2026.

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