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CBRE Group (LTS:0HQP) Cyclically Adjusted Price-to-FCF : 27.58 (As of May. 27, 2024)


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What is CBRE Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), CBRE Group's current share price is $87.715. CBRE Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.18. CBRE Group's Cyclically Adjusted Price-to-FCF for today is 27.58.

The historical rank and industry rank for CBRE Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0HQP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.8   Med: 31.28   Max: 44.4
Current: 27.54

During the past years, CBRE Group's highest Cyclically Adjusted Price-to-FCF was 44.40. The lowest was 19.80. And the median was 31.28.

LTS:0HQP's Cyclically Adjusted Price-to-FCF is ranked worse than
76.66% of 694 companies
in the Real Estate industry
Industry Median: 12.575 vs LTS:0HQP: 27.54

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

CBRE Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.815. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CBRE Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CBRE Group's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

CBRE Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.45 31.19 40.04 23.64 29.20

CBRE Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 23.56 26.52 23.64 29.20 30.60

Competitive Comparison of CBRE Group's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, CBRE Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CBRE Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CBRE Group's Cyclically Adjusted Price-to-FCF falls into.



CBRE Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

CBRE Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=87.715/3.18
=27.58

* 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 Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CBRE Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.815/131.7762*131.7762
=-1.815

Current CPI (Mar. 2024) = 131.7762.

CBRE Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.018 100.560 0.024
201409 0.758 100.428 0.995
201412 1.536 99.070 2.043
201503 -0.591 99.621 -0.782
201506 0.315 100.684 0.412
201509 0.445 100.392 0.584
201512 1.350 99.792 1.783
201603 -1.073 100.470 -1.407
201606 0.216 101.688 0.280
201609 0.300 101.861 0.388
201612 1.806 101.863 2.336
201703 -1.016 102.862 -1.302
201706 0.492 103.349 0.627
201709 1.352 104.136 1.711
201712 1.266 104.011 1.604
201803 -0.866 105.290 -1.084
201806 0.283 106.317 0.351
201809 1.600 106.507 1.980
201812 1.614 105.998 2.007
201903 -1.322 107.251 -1.624
201906 0.094 108.070 0.115
201909 1.162 108.329 1.414
201912 2.795 108.420 3.397
202003 -0.562 108.902 -0.680
202006 0.240 108.767 0.291
202009 2.398 109.815 2.878
202012 2.551 109.897 3.059
202103 -0.657 111.754 -0.775
202106 1.102 114.631 1.267
202109 2.725 115.734 3.103
202112 3.168 117.630 3.549
202203 -1.292 121.301 -1.404
202206 1.212 125.017 1.278
202209 2.124 125.227 2.235
202212 2.241 125.222 2.358
202303 -2.553 127.348 -2.642
202306 -0.272 128.729 -0.278
202309 0.980 129.860 0.994
202312 2.463 129.419 2.508
202403 -1.815 131.776 -1.815

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

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  (LTS:0HQP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


CBRE Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CBRE Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CBRE Group (LTS:0HQP) Business Description

Industry
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.

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