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CBRE Group (BSP:C1BR34) Shiller PE Ratio : 27.69 (As of May. 04, 2024)


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What is CBRE Group Shiller PE Ratio?

As of today (2024-05-04), CBRE Group's current share price is R$449.10. CBRE Group's E10 for the quarter that ended in Dec. 2023 was R$16.22. CBRE Group's Shiller PE Ratio for today is 27.69.

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

BSP:C1BR34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.14   Med: 57.36   Max: 130.42
Current: 26.01

During the past years, CBRE Group's highest Shiller PE Ratio was 130.42. The lowest was 19.14. And the median was 57.36.

BSP:C1BR34's Shiller PE Ratio is ranked worse than
80.61% of 1083 companies
in the Real Estate industry
Industry Median: 11 vs BSP:C1BR34: 26.01

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 R$7.595. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$16.22 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
=449.10/16.22
=27.69

* 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)
=7.595/129.4194*129.4194
=7.595

Current CPI (Dec. 2023) = 129.4194.

CBRE Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.465 99.695 0.604
201406 0.716 100.560 0.921
201409 0.748 100.428 0.964
201412 1.612 99.070 2.106
201503 0.880 99.621 1.143
201506 1.151 100.684 1.479
201509 1.717 100.392 2.213
201512 2.057 99.792 2.668
201603 0.888 100.470 1.144
201606 1.232 101.688 1.568
201609 1.008 101.861 1.281
201612 2.616 101.863 3.324
201703 1.251 102.862 1.574
201706 1.944 103.349 2.434
201709 1.817 104.136 2.258
201712 1.615 104.011 2.010
201803 1.443 105.290 1.774
201806 2.527 106.317 3.076
201809 3.492 106.507 4.243
201812 4.466 105.998 5.453
201903 1.844 107.251 2.225
201906 2.545 108.070 3.048
201909 3.090 108.329 3.692
201912 7.675 108.420 9.162
202003 2.492 108.902 2.962
202006 1.245 108.767 1.481
202009 2.970 109.815 3.500
202012 4.785 109.897 5.635
202103 4.395 111.754 5.090
202106 6.537 114.631 7.380
202109 6.757 115.734 7.556
202112 11.536 117.630 12.692
202203 5.773 121.301 6.159
202206 7.471 125.017 7.734
202209 7.236 125.227 7.478
202212 1.311 125.222 1.355
202303 1.927 127.348 1.958
202306 3.106 128.729 3.123
202309 3.013 129.860 3.003
202312 7.595 129.419 7.595

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  (BSP:C1BR34) 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 (BSP:C1BR34) 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.

CBRE Group (BSP:C1BR34) Headlines

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