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CBRE Group (FRA:RF6) Cyclically Adjusted PS Ratio : 1.13 (As of May. 26, 2024)


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What is CBRE Group Cyclically Adjusted PS Ratio?

As of today (2024-05-26), CBRE Group's current share price is €80.50. CBRE Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €71.22. CBRE Group's Cyclically Adjusted PS Ratio for today is 1.13.

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

FRA:RF6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.35   Max: 2.06
Current: 1.12

During the past years, CBRE Group's highest Cyclically Adjusted PS Ratio was 2.06. The lowest was 0.86. And the median was 1.35.

FRA:RF6's Cyclically Adjusted PS Ratio is ranked better than
61.62% of 1368 companies
in the Real Estate industry
Industry Median: 1.74 vs FRA:RF6: 1.12

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

CBRE Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €23.663. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €71.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CBRE Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CBRE Group's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

CBRE Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.38 1.99 1.18 1.25

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 PS 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 1.07 1.15 1.01 1.25 1.25

Competitive Comparison of CBRE Group's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, CBRE Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where CBRE Group's Cyclically Adjusted PS Ratio falls into.



CBRE Group Cyclically Adjusted PS Ratio Calculation

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

CBRE Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.50/71.22
=1.13

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=23.663/131.7762*131.7762
=23.663

Current CPI (Mar. 2024) = 131.7762.

CBRE Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.688 100.560 6.143
201409 5.281 100.428 6.929
201412 6.745 99.070 8.972
201503 5.649 99.621 7.472
201506 6.336 100.684 8.293
201509 7.181 100.392 9.426
201512 10.073 99.792 13.301
201603 7.574 100.470 9.934
201606 8.444 101.688 10.942
201609 8.406 101.861 10.875
201612 22.675 101.863 29.334
201703 11.150 102.862 14.284
201706 11.591 103.349 14.779
201709 11.407 104.136 14.435
201712 13.603 104.011 17.234
201803 11.064 105.290 13.847
201806 12.739 106.317 15.790
201809 13.117 106.507 16.229
201812 16.144 105.998 20.070
201903 13.361 107.251 16.416
201906 14.851 108.070 18.109
201909 15.772 108.329 19.186
201912 18.828 108.420 22.884
202003 15.688 108.902 18.983
202006 14.165 108.767 17.161
202009 14.194 109.815 17.033
202012 16.766 109.897 20.104
202103 14.691 111.754 17.323
202106 15.790 114.631 18.152
202109 16.979 115.734 19.332
202112 22.291 117.630 24.972
202203 19.749 121.301 21.454
202206 22.288 125.017 23.493
202209 23.418 125.227 24.643
202212 24.240 125.222 25.509
202303 21.949 127.348 22.712
202306 22.672 128.729 23.209
202309 23.613 129.860 23.962
202312 26.615 129.419 27.100
202403 23.663 131.776 23.663

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (FRA:RF6) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


CBRE Group Cyclically Adjusted PS Ratio Related Terms

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


CBRE Group (FRA:RF6) 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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