Deutsche Bank has depreciated interestingly

Stocks
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The article in the Financial Times sparked my interest.

Deutsche Bank has been in crisis for 7 years now.
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The share price is down 50% in a year.
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Valuation near all-time lows, with a P/B of about 0.25.

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I’m putting it on my watchlist. In Deutsche’s case, the acute crisis has been replaced by chronic unprofitability. But there’s no bank so bad that it won’t eventually generate a 4% return on equity. At a price-to-book ratio of 0.2, the risk-reward ratio is interesting.

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It’s an interesting target, but the poor earnings capability is puzzling. Did they get entangled in Greek bonds or something similar?

  • Price development mirrors other banks, just significantly lower, and on the other hand, for example, BAC has made a tremendous rise in the last 4 weeks compared to the S&P500
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