GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Colliers International Group Inc (STU:FSV) » Definitions » Cyclically Adjusted PB Ratio

Colliers International Group (STU:FSV) Cyclically Adjusted PB Ratio : 9.99 (As of Jun. 08, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Colliers International Group Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Colliers International Group's current share price is €98.00. Colliers International Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.81. Colliers International Group's Cyclically Adjusted PB Ratio for today is 9.99.

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

STU:FSV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.06   Med: 11.59   Max: 20.82
Current: 10.23

During the past years, Colliers International Group's highest Cyclically Adjusted PB Ratio was 20.82. The lowest was 3.06. And the median was 11.59.

STU:FSV's Cyclically Adjusted PB Ratio is ranked worse than
98.42% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs STU:FSV: 10.23

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Colliers International Group's adjusted book value per share data for the three months ended in Mar. 2024 was €20.722. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €9.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Colliers International Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Colliers International Group's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

Colliers International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.76 13.35 18.32 10.35 12.22

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
Cyclically Adjusted PB 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 11.44 10.03 9.68 12.22 11.52

Competitive Comparison of Colliers International Group's Cyclically Adjusted PB Ratio

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

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

* The bar in red indicates where Colliers International Group's Cyclically Adjusted PB Ratio falls into.



Colliers International Group Cyclically Adjusted PB Ratio Calculation

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

Colliers International Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=98.00/9.81
=9.99

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

For example, Colliers International Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=20.722/126.2576*126.2576
=20.722

Current CPI (Mar. 2024) = 126.2576.

Colliers International Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.867 99.473 6.177
201409 5.041 99.394 6.403
201412 5.101 98.367 6.547
201503 5.354 99.789 6.774
201506 2.497 100.500 3.137
201509 2.386 100.421 3.000
201512 3.378 99.947 4.267
201603 3.373 101.054 4.214
201606 3.687 102.002 4.564
201609 4.082 101.765 5.064
201612 5.046 101.449 6.280
201703 5.164 102.634 6.353
201706 5.258 103.029 6.443
201709 5.272 103.345 6.441
201712 6.480 103.345 7.917
201803 6.542 105.004 7.866
201806 7.134 105.557 8.533
201809 7.435 105.636 8.886
201812 8.687 105.399 10.406
201903 8.983 106.979 10.602
201906 9.501 107.690 11.139
201909 10.352 107.611 12.146
201912 11.585 107.769 13.572
202003 11.188 107.927 13.088
202006 10.996 108.401 12.807
202009 11.206 108.164 13.080
202012 11.912 108.559 13.854
202103 11.406 110.298 13.056
202106 9.778 111.720 11.050
202109 10.390 112.905 11.619
202112 11.684 113.774 12.966
202203 10.931 117.646 11.731
202206 10.597 120.806 11.075
202209 11.225 120.648 11.747
202212 10.767 120.964 11.238
202303 10.424 122.702 10.726
202306 13.960 124.203 14.191
202309 14.454 125.230 14.573
202312 16.354 125.072 16.509
202403 20.722 126.258 20.722

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Colliers International Group  (STU:FSV) Cyclically Adjusted PB Ratio Explanation

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


Colliers International Group Cyclically Adjusted PB Ratio Related Terms

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


Colliers International Group (STU:FSV) 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 (STU:FSV) Headlines

From GuruFocus

FirstService Announces Normal Course Issuer Bid

By Marketwired 08-24-2023

FirstService Declares Quarterly Cash Dividend on Common Shares

By GuruFocusNews GuruFocusNews 06-29-2022

FirstService Announces Property Restoration Additions

By Value_Insider Value_Insider 10-24-2022

FirstService Reports Second Quarter 2023 Results

By Marketwired 07-27-2023

FirstService Announces Normal Course Issuer Bid

By PurpleRose PurpleRose 08-24-2022

FirstService Declares Quarterly Cash Dividend on Common Shares

By GlobeNewswire GlobeNewswire 11-29-2022

FirstService Declares Quarterly Cash Dividend on Common Shares

By Value_Insider Value_Insider 11-29-2022

Paul Davis Restoration Expands Company-Owned Operations

By sperokesalga sperokesalga 03-23-2023