GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Colliers International Group Inc (TSX:CIGI) » Definitions » Shiller PE Ratio

Colliers International Group (TSX:CIGI) Shiller PE Ratio : 175.32 (As of May. 27, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Colliers International Group Shiller PE Ratio?

As of today (2024-05-27), Colliers International Group's current share price is C$152.53. Colliers International Group's E10 for the quarter that ended in Mar. 2024 was C$0.87. Colliers International Group's Shiller PE Ratio for today is 175.32.

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

TSX:CIGI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.06   Med: 93.04   Max: 531.94
Current: 175.2

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

TSX:CIGI's Shiller PE Ratio is ranked worse than
97.78% of 1082 companies
in the Real Estate industry
Industry Median: 11.085 vs TSX:CIGI: 175.20

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.

Colliers International Group's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.352. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Colliers International Group Shiller PE Ratio Historical Data

The historical data trend for Colliers International 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.

Colliers International Group Shiller PE Ratio Chart

Colliers International 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 65.56 66.84 530.22 239.24 208.20

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
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 266.99 237.58 208.82 208.20 190.17

Competitive Comparison of Colliers International Group's Shiller PE Ratio

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 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.

Colliers International Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=152.53/0.87
=175.32

* 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.

Colliers International Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

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)
=0.352/126.2576*126.2576
=0.352

Current CPI (Mar. 2024) = 126.2576.

Colliers International Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.227 99.473 0.288
201409 0.749 99.394 0.951
201412 0.530 98.367 0.680
201503 0.215 99.789 0.272
201506 -0.878 100.500 -1.103
201509 0.265 100.421 0.333
201512 1.262 99.947 1.594
201603 -0.251 101.054 -0.314
201606 0.709 102.002 0.878
201609 0.315 101.765 0.391
201612 1.521 101.449 1.893
201703 0.054 102.634 0.066
201706 0.386 103.029 0.473
201709 0.196 103.345 0.239
201712 1.098 103.345 1.341
201803 0.168 105.004 0.202
201806 0.788 105.557 0.943
201809 0.534 105.636 0.638
201812 1.787 105.399 2.141
201903 0.053 106.979 0.063
201906 0.797 107.690 0.934
201909 0.980 107.611 1.150
201912 1.580 107.769 1.851
202003 0.154 107.927 0.180
202006 -0.352 108.401 -0.410
202009 0.688 108.164 0.803
202012 1.025 108.559 1.192
202103 0.138 110.298 0.158
202106 -12.868 111.720 -14.542
202109 0.507 112.905 0.567
202112 1.178 113.774 1.307
202203 -0.532 117.646 -0.571
202206 0.858 120.806 0.897
202209 0.360 120.648 0.377
202212 0.693 120.964 0.723
202303 -0.643 122.702 -0.662
202306 -0.213 124.203 -0.217
202309 0.717 125.230 0.723
202312 1.905 125.072 1.923
202403 0.352 126.258 0.352

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.


Colliers International Group  (TSX:CIGI) 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.


Colliers International Group Shiller PE Ratio Related Terms

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


Colliers International Group (TSX:CIGI) 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.

Colliers International Group (TSX:CIGI) Headlines

From GuruFocus

Colliers to Announce Second Quarter Results on August 3, 2022

By PurpleRose PurpleRose 07-15-2022

Colliers to announce fourth quarter and full year results on February 9, 2023

By Stock market mentor Stock market mentor 01-18-2023

Colliers announces upcoming meeting and reporting dates

By sperokesalga sperokesalga 03-23-2023

Colliers completes acquisition of Pangea

By Value_Insider Value_Insider 12-02-2022

Colliers Announces Normal Course Issuer Bid

By Marketwired 07-17-2023

David Herro Comments on Colliers International

By Sydnee Gatewood 04-12-2023

Colliers announces $250 million increase to Credit Facility

By sperokesalga sperokesalga 04-28-2023

Colliers acquires New Zealand's leading project manager

By sperokesalga sperokesalga 04-12-2023