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Colliers International Group (Colliers International Group) E10 : $0.64 (As of Mar. 2024)


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What is Colliers International Group E10?

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

Colliers International Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Colliers International Group's average E10 Growth Rate was 64.20% per year. During the past 3 years, the average E10 Growth Rate was -21.70% per year. During the past 5 years, the average E10 Growth Rate was -14.00% per year. During the past 10 years, the average E10 Growth Rate was -0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Colliers International Group was 34.80% per year. The lowest was -30.40% per year. And the median was -3.45% per year.

As of today (2024-05-26), Colliers International Group's current stock price is $111.61. Colliers International Group's E10 for the quarter that ended in Mar. 2024 was $0.64. Colliers International Group's Shiller PE Ratio of today is 174.39.

During the past 13 years, the highest Shiller PE Ratio of Colliers International Group was 531.94. The lowest was 21.06. And the median was 93.04.


Colliers International Group E10 Historical Data

The historical data trend for Colliers International Group's E10 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.

Colliers International Group E10 Chart

Colliers International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.33 0.28 0.38 0.61

Colliers International Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 0.39 0.42 0.46 0.61 0.64

Competitive Comparison of Colliers International Group's E10

For the Real Estate Services subindustry, Colliers International 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.


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

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

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



Colliers International Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Colliers International Group'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)
=0.26/126.2576*126.2576
=0.260

Current CPI (Mar. 2024) = 126.2576.

Colliers International Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.210 99.473 0.267
201409 0.680 99.394 0.864
201412 0.460 98.367 0.590
201503 0.170 99.789 0.215
201506 -0.710 100.500 -0.892
201509 0.200 100.421 0.251
201512 0.920 99.947 1.162
201603 -0.190 101.054 -0.237
201606 0.550 102.002 0.681
201609 0.240 101.765 0.298
201612 1.140 101.449 1.419
201703 0.040 102.634 0.049
201706 0.290 103.029 0.355
201709 0.160 103.345 0.195
201712 0.860 103.345 1.051
201803 0.130 105.004 0.156
201806 0.600 105.557 0.718
201809 0.410 105.636 0.490
201812 1.330 105.399 1.593
201903 0.040 106.979 0.047
201906 0.600 107.690 0.703
201909 0.740 107.611 0.868
201912 1.200 107.769 1.406
202003 0.110 107.927 0.129
202006 -0.260 108.401 -0.303
202009 0.520 108.164 0.607
202012 0.800 108.559 0.930
202103 0.110 110.298 0.126
202106 -10.530 111.720 -11.900
202109 0.400 112.905 0.447
202112 0.920 113.774 1.021
202203 -0.420 117.646 -0.451
202206 0.670 120.806 0.700
202209 0.270 120.648 0.283
202212 0.510 120.964 0.532
202303 -0.470 122.702 -0.484
202306 -0.160 124.203 -0.163
202309 0.530 125.230 0.534
202312 1.420 125.072 1.433
202403 0.260 126.258 0.260

Add all the adjusted EPS together and divide 10 will get our e10.


Colliers International Group  (NAS:CIGI) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

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

Colliers International Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=111.61/0.64
=174.39

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Colliers International Group was 531.94. The lowest was 21.06. And the median was 93.04.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Colliers International Group E10 Related Terms

Thank you for viewing the detailed overview of Colliers International Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Colliers International Group (Colliers International Group) Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.
Executives
Spruce House Partnership Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Partnership (qp) Lp 10 percent owner 435 HUDSON ST #804, NEW YORK NY 10014
Spruce House Partnership (ai) Lp 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Capital Llc 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Spruce House Investment Management Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Zachary Sternberg 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Benjamin Forester Stein 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014

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