Deutsche Pfandbriefbank AG (PBB) - Net Assets

Latest as of December 2025: €2.81 Billion EUR ≈ $3.28 Billion USD

Based on the latest financial reports, Deutsche Pfandbriefbank AG (PBB) has net assets worth €2.81 Billion EUR (≈ $3.28 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€39.88 Billion ≈ $46.63 Billion USD) and total liabilities (€37.08 Billion ≈ $43.34 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PBB asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€2.81 Billion
% of Total Assets	7.04%
Annual Growth Rate	6.53%
5-Year Change	-10.27%
10-Year Change	0.25%
Growth Volatility	116.45

Deutsche Pfandbriefbank AG - Net Assets Trend (2007–2025)

This chart illustrates how Deutsche Pfandbriefbank AG's net assets have evolved over time, based on quarterly financial data. Also explore Deutsche Pfandbriefbank AG total assets for the complete picture of this company's asset base.

Annual Net Assets for Deutsche Pfandbriefbank AG (2007–2025)

The table below shows the annual net assets of Deutsche Pfandbriefbank AG from 2007 to 2025. For live valuation and market cap data, see PBB market cap.

Year	Net Assets	Change
2025-12-31	€2.81 Billion ≈ $3.28 Billion	-17.93%
2024-12-31	€3.42 Billion ≈ $4.00 Billion	+1.60%
2023-12-31	€3.37 Billion ≈ $3.93 Billion	+7.61%
2022-12-31	€3.13 Billion ≈ $3.66 Billion	0.00%
2021-12-31	€3.13 Billion ≈ $3.66 Billion	+4.37%
2020-12-31	€3.00 Billion ≈ $3.50 Billion	+1.97%
2019-12-31	€2.94 Billion ≈ $3.43 Billion	-0.71%
2018-12-31	€2.96 Billion ≈ $3.46 Billion	+3.53%
2017-12-31	€2.86 Billion ≈ $3.34 Billion	+2.11%
2016-12-31	€2.80 Billion ≈ $3.27 Billion	+1.93%
2015-12-31	€2.75 Billion ≈ $3.21 Billion	-21.68%
2014-12-31	€3.51 Billion ≈ $4.10 Billion	+0.75%
2013-12-31	€3.48 Billion ≈ $4.07 Billion	+4.54%
2012-12-31	€3.33 Billion ≈ $3.89 Billion	+7.66%
2011-12-31	€3.09 Billion ≈ $3.61 Billion	-8.00%
2010-12-31	€3.36 Billion ≈ $3.93 Billion	+22.98%
2009-12-31	€2.73 Billion ≈ $3.20 Billion	+501.98%
2008-12-31	€454.00 Million ≈ $530.77 Million	-49.44%
2007-12-31	€898.00 Million ≈ $1.05 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Deutsche Pfandbriefbank AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 102.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€898.00 Million	32.00%
Common Stock	€380.00 Million	13.54%
Other Comprehensive Income	€-109.00 Million	-3.88%
Other Components	€1.64 Billion	58.34%
Total Equity	€2.81 Billion	100.00%

Deutsche Pfandbriefbank AG Competitors by Market Cap

The table below lists competitors of Deutsche Pfandbriefbank AG ranked by their market capitalization.

Company	Market Cap
Xiangyang BOYA Precision Industrial Equipments Co. Ltd SHE:300971	$419.20 Million
H.G. Infra Engineering Limited NSE:HGINFRA	$419.36 Million
Ipd Group Ltd AU:IPG	$419.36 Million
Johnson Controls - Hitachi Air Conditioning India Limited NSE:JCHAC	$419.42 Million
African Gold Ltd AU:A1G	$419.02 Million
TSH Resources Bhd KLSE:9059	$418.96 Million
Chalice Mining Ltd AU:CHN	$418.91 Million
Desktop - Sigmanet Comunicação Multimídia S.A. SA:DESK3	$418.64 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Deutsche Pfandbriefbank AG's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,419,000,000 to 2,806,000,000, a change of -613,000,000 (-17.9%).
Net loss of 284,000,000 reduced equity.
Dividend payments of 20,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 284,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€-284.00 Million	-10.12%
Dividends Paid	€20.00 Million	-0.71%
Other Comprehensive Income	€-284.00 Million	-10.12%
Other Changes	€-25.00 Million	-0.89%
Total Change	€-	-17.93%

Book Value vs Market Value Analysis

This analysis compares Deutsche Pfandbriefbank AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.16x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 0.96x to 0.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	€3.38	€3.25	x
2009-12-31	€20.32	€3.25	x
2010-12-31	€24.99	€3.25	x
2011-12-31	€22.99	€3.25	x
2012-12-31	€24.76	€3.25	x
2013-12-31	€25.88	€3.25	x
2014-12-31	€26.07	€3.25	x
2015-12-31	€20.42	€3.25	x
2016-12-31	€20.81	€3.25	x
2017-12-31	€21.25	€3.25	x
2018-12-31	€22.00	€3.25	x
2019-12-31	€21.85	€3.25	x
2020-12-31	€22.28	€3.25	x
2021-12-31	€23.23	€3.25	x
2022-12-31	€25.45	€3.25	x
2023-12-31	€25.02	€3.25	x
2024-12-31	€25.42	€3.25	x
2025-12-31	€20.87	€3.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Deutsche Pfandbriefbank AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -10.12%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -12.62%
• Asset Turnover: 0.06x
• Equity Multiplier: 14.21x
Recent ROE (-10.12%) is above the historical average (-29.99%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	-532.38%	0.00%	-0.01x	406.38x	€-2.46 Billion
2009	-57.45%	-244.93%	0.00x	78.75x	€-1.84 Billion
2010	-5.50%	-23.78%	0.00x	55.59x	€-521.10 Million
2011	3.78%	17.81%	0.01x	35.18x	€-192.20 Million
2012	2.07%	11.26%	0.01x	29.15x	€-263.90 Million
2013	4.60%	25.52%	0.01x	21.24x	€-188.00 Million
2014	0.11%	1.00%	0.01x	21.54x	€-346.60 Million
2015	8.38%	45.45%	0.01x	24.31x	€-44.60 Million
2016	7.04%	33.68%	0.01x	22.38x	€-82.90 Million
2017	6.37%	36.92%	0.01x	20.29x	€-103.80 Million
2018	5.64%	8.91%	0.03x	19.52x	€-128.90 Million
2019	5.51%	8.89%	0.03x	19.34x	€-131.80 Million
2020	4.04%	7.61%	0.03x	19.65x	€-178.60 Million
2021	7.33%	14.40%	0.03x	18.69x	€-83.40 Million
2022	5.49%	11.47%	0.03x	15.49x	€-154.30 Million
2023	2.70%	23.27%	0.01x	15.12x	€-245.50 Million
2024	2.63%	24.06%	0.01x	12.92x	€-251.90 Million
2025	-10.12%	-12.62%	0.06x	14.21x	€-564.60 Million

Industry Comparison

This section compares Deutsche Pfandbriefbank AG's net assets metrics with peer companies in the Mortgage Finance industry.

No peer company data available for comparison.

About Deutsche Pfandbriefbank AG

XETRA:PBB Germany Mortgage Finance

Market Cap

$510.32 Million

€436.51 Million EUR

Market Cap Rank

#13466 Global

#1380 in Germany

Share Price

€3.25

Change (1 day)

+0.87%

52-Week Range

€2.76 - €5.84

All Time High

€8.15