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CBRE Group (FRA:RF6) Shiller PE Ratio : (As of May. 06, 2024)


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What is CBRE Group Shiller PE Ratio?

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, CBRE 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)
=0.377/129.4194*129.4194
=0.377

Current CPI (Mar. 2024) = 129.4194.

CBRE Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.236 100.560 0.304
201409 0.248 100.428 0.320
201412 0.495 99.070 0.647
201503 0.259 99.621 0.336
201506 0.330 100.684 0.424
201509 0.392 100.392 0.505
201512 0.487 99.792 0.632
201603 0.216 100.470 0.278
201606 0.320 101.688 0.407
201609 0.276 101.861 0.351
201612 0.739 101.863 0.939
201703 0.374 102.862 0.471
201706 0.525 103.349 0.657
201709 0.487 104.136 0.605
201712 0.414 104.011 0.515
201803 0.357 105.290 0.439
201806 0.574 106.317 0.699
201809 0.728 106.507 0.885
201812 1.011 105.998 1.234
201903 0.425 107.251 0.513
201906 0.584 108.070 0.699
201909 0.681 108.329 0.814
201912 1.683 108.420 2.009
202003 0.462 108.902 0.549
202006 0.213 108.767 0.253
202009 0.467 109.815 0.550
202012 0.764 109.897 0.900
202103 0.655 111.754 0.759
202106 1.079 114.631 1.218
202109 1.088 115.734 1.217
202112 1.805 117.630 1.986
202203 1.053 121.301 1.123
202206 1.400 125.017 1.449
202209 1.394 125.227 1.441
202212 0.236 125.222 0.244
202303 0.346 127.348 0.352
202306 0.591 128.729 0.594
202309 0.572 129.860 0.570
202312 1.421 129.419 1.421
202403 0.377 129.419 0.377

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  (FRA:RF6) 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

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CBRE Group (FRA:RF6) 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.

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