GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CBRE Group Inc (NYSE:CBRE) » Definitions » Shiller PE Ratio

CBRE Group (CBRE Group) Shiller PE Ratio : 25.77 (As of Apr. 25, 2024)


View and export this data going back to 2004. Start your Free Trial

What is CBRE Group Shiller PE Ratio?

As of today (2024-04-25), CBRE Group's current share price is $85.805. CBRE Group's E10 for the quarter that ended in Dec. 2023 was $3.33. CBRE Group's Shiller PE Ratio for today is 25.77.

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

CBRE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.14   Med: 57.54   Max: 130.42
Current: 25.77

During the past years, CBRE Group's highest Shiller PE Ratio was 130.42. The lowest was 19.14. And the median was 57.54.

CBRE's Shiller PE Ratio is ranked worse than
81.42% of 1060 companies
in the Real Estate industry
Industry Median: 10.92 vs CBRE: 25.77

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.

CBRE Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CBRE Group Shiller PE Ratio Historical Data

The historical data trend for CBRE Group'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.

CBRE Group Shiller PE Ratio Chart

CBRE Group 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 34.17 31.89 42.35 25.36 27.95

CBRE Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.36 23.42 25.39 22.86 27.95

Competitive Comparison of CBRE Group's Shiller PE Ratio

For the Real Estate Services subindustry, CBRE Group'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.


CBRE Group's Shiller PE Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where CBRE Group's Shiller PE Ratio falls into.



CBRE Group 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.

CBRE Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=85.805/3.33
=25.77

* 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.

CBRE Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, CBRE Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.55/129.4194*129.4194
=1.550

Current CPI (Dec. 2023) = 129.4194.

CBRE Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.200 99.695 0.260
201406 0.320 100.560 0.412
201409 0.320 100.428 0.412
201412 0.610 99.070 0.797
201503 0.280 99.621 0.364
201506 0.370 100.684 0.476
201509 0.440 100.392 0.567
201512 0.530 99.792 0.687
201603 0.240 100.470 0.309
201606 0.360 101.688 0.458
201609 0.310 101.861 0.394
201612 0.780 101.863 0.991
201703 0.400 102.862 0.503
201706 0.590 103.349 0.739
201709 0.580 104.136 0.721
201712 0.490 104.011 0.610
201803 0.440 105.290 0.541
201806 0.670 106.317 0.816
201809 0.850 106.507 1.033
201812 1.150 105.998 1.404
201903 0.480 107.251 0.579
201906 0.660 108.070 0.790
201909 0.750 108.329 0.896
201912 1.870 108.420 2.232
202003 0.510 108.902 0.606
202006 0.240 108.767 0.286
202009 0.550 109.815 0.648
202012 0.930 109.897 1.095
202103 0.780 111.754 0.903
202106 1.300 114.631 1.468
202109 1.280 115.734 1.431
202112 2.040 117.630 2.244
202203 1.160 121.301 1.238
202206 1.480 125.017 1.532
202209 1.380 125.227 1.426
202212 0.250 125.222 0.258
202303 0.370 127.348 0.376
202306 0.640 128.729 0.643
202309 0.610 129.860 0.608
202312 1.550 129.419 1.550

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.


CBRE Group  (NYSE:CBRE) 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.


CBRE Group Shiller PE Ratio Related Terms

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


CBRE Group (CBRE Group) Business Description

Traded in Other Exchanges
Address
2100 McKinney Avenue, Suite 1250, Dallas, TX, USA, 75201
CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. Additionally, CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.
Executives
Brandon Boze director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Chandra Dhandapani officer: Chief Digital & Tech. Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Lindsey S Caplan officer: Chief Accounting Officer 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Daniel G Queenan officer: CEO, Real Estate Investments C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Hutcheson Edward Mcvicar Blake director 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Emma E. Giamartino officer: See Remarks 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
J. Christopher Kirk officer: EVP, Chief Admin. Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Robert E Sulentic director, officer: Group President C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Susan Meaney director 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Michael J Lafitte officer: President, Americas C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Laurence H Midler officer: EVP & Secretary C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Madeleine G Barber officer: See Remarks 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Vikramaditya Kohli officer: See Remarks 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
John E Durburg officer: Chief Operating Officer C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Oscar Munoz director

CBRE Group (CBRE Group) Headlines