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Jones Lang LaSalle (Jones Lang LaSalle) Shiller PE Ratio : 17.33 (As of May. 20, 2024)


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What is Jones Lang LaSalle Shiller PE Ratio?

As of today (2024-05-20), Jones Lang LaSalle's current share price is $202.10. Jones Lang LaSalle's E10 for the quarter that ended in Mar. 2024 was $11.66. Jones Lang LaSalle's Shiller PE Ratio for today is 17.33.

The historical rank and industry rank for Jones Lang LaSalle's Shiller PE Ratio or its related term are showing as below:

JLL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.75   Med: 22.19   Max: 35.77
Current: 17.33

During the past years, Jones Lang LaSalle's highest Shiller PE Ratio was 35.77. The lowest was 10.75. And the median was 22.19.

JLL's Shiller PE Ratio is ranked worse than
69.41% of 1082 companies
in the Real Estate industry
Industry Median: 11.235 vs JLL: 17.33

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Jones Lang LaSalle's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $11.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jones Lang LaSalle Shiller PE Ratio Historical Data

The historical data trend for Jones Lang LaSalle's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jones Lang LaSalle Shiller PE Ratio Chart

Jones Lang LaSalle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.27 18.69 27.14 14.10 16.62

Jones Lang LaSalle Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.72 13.63 12.30 16.62 16.73

Competitive Comparison of Jones Lang LaSalle's Shiller PE Ratio

For the Real Estate Services subindustry, Jones Lang LaSalle's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jones Lang LaSalle's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jones Lang LaSalle's Shiller PE Ratio falls into.



Jones Lang LaSalle Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Jones Lang LaSalle's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=202.10/11.66
=17.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jones Lang LaSalle's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Jones Lang LaSalle's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.37/131.7762*131.7762
=1.370

Current CPI (Mar. 2024) = 131.7762.

Jones Lang LaSalle Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.580 100.560 2.070
201409 2.300 100.428 3.018
201412 4.280 99.070 5.693
201503 0.920 99.621 1.217
201506 1.980 100.684 2.591
201509 2.430 100.392 3.190
201512 4.310 99.792 5.691
201603 0.560 100.470 0.734
201606 1.730 101.688 2.242
201609 1.050 101.861 1.358
201612 3.620 101.863 4.683
201703 0.160 102.862 0.205
201706 2.060 103.349 2.627
201709 2.150 104.136 2.721
201712 1.710 104.011 2.166
201803 0.880 105.290 1.101
201806 2.350 106.317 2.913
201809 2.930 106.507 3.625
201812 4.370 105.998 5.433
201903 0.460 107.251 0.565
201906 2.400 108.070 2.926
201909 2.470 108.329 3.005
201912 5.230 108.420 6.357
202003 0.100 108.902 0.121
202006 0.290 108.767 0.351
202009 2.520 109.815 3.024
202012 4.800 109.897 5.756
202103 1.970 111.754 2.323
202106 3.820 114.631 4.391
202109 4.570 115.734 5.203
202112 8.160 117.630 9.141
202203 2.860 121.301 3.107
202206 3.900 125.017 4.111
202209 2.880 125.227 3.031
202212 3.620 125.222 3.809
202303 -0.190 127.348 -0.197
202306 0.050 128.729 0.051
202309 1.230 129.860 1.248
202312 3.570 129.419 3.635
202403 1.370 131.776 1.370

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Jones Lang LaSalle  (NYSE:JLL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Jones Lang LaSalle Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Jones Lang LaSalle's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jones Lang LaSalle (Jones Lang LaSalle) Business Description

Traded in Other Exchanges
Address
200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $70 billion for clients across diverse public and private real estate strategies.
Executives
Andrew W Poppink officer: CEO, Markets Advisory 200 E. RANDOLPH, CHICAGO IL 60601
Moses Ifidon Ojeisekhoba director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Laura M. Adams officer: Chief Human Resources Officer 200 E. RANDOLPH, CHICAGO IL 60601
Larry Quinlan director 2225 LAWSON LANE, SANTA CLARA CA 95054
Mark Gabbay officer: CEO LaSalle Investment Mgmt 200 E. RANDOLPH, CHICAGO IL 60601
Benjamin G. Hawke officer: Chief Accounting Officer 200 E. RANDOLPH, CHICAGO IL 60601
Efrain Rivera director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Louis F Bowers officer: Global Controller 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Kylie L Kendrick officer: Chief Operating Officer 200 E. RANDOLPH, CHICAGO IL 60601
Tina L. Ju director 200 E. RANDOLPH, CHICAGO IL 60601
Richard Bloxam officer: Global Head, Capital Markets 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Jeff A Jacobson officer: CEO, LaSalle Investment Mgmt 200 E. RANDOLPH DR., CHICAGO IL 60601
Karen G Brennan officer: Chief Financial Officer 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Yishai Lerner officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601
Mihir Shah officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601