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CoStar Group (CoStar Group) Cyclically Adjusted Price-to-FCF : 102.94 (As of Apr. 27, 2024)


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What is CoStar Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), CoStar Group's current share price is $92.65. CoStar Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.90. CoStar Group's Cyclically Adjusted Price-to-FCF for today is 102.94.

The historical rank and industry rank for CoStar Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CSGP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 71.87   Med: 109.08   Max: 163.76
Current: 100.61

During the past years, CoStar Group's highest Cyclically Adjusted Price-to-FCF was 163.76. The lowest was 71.87. And the median was 109.08.

CSGP's Cyclically Adjusted Price-to-FCF is ranked worse than
93.14% of 671 companies
in the Real Estate industry
Industry Median: 12.44 vs CSGP: 100.61

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

CoStar Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.591. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CoStar Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CoStar Group's Cyclically Adjusted Price-to-FCF 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.

CoStar Group Cyclically Adjusted Price-to-FCF Chart

CoStar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.37 156.37 108.13 90.87 91.78

CoStar 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 Price-to-FCF 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 77.57 95.64 82.11 91.78 107.59

Competitive Comparison of CoStar Group's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, CoStar Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


CoStar Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CoStar Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CoStar Group's Cyclically Adjusted Price-to-FCF falls into.



CoStar Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

CoStar Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=92.65/0.9
=102.94

* 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.

CoStar Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CoStar Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.591/129.4194*129.4194
=-0.591

Current CPI (Mar. 2024) = 129.4194.

CoStar Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.144 100.560 0.185
201409 0.135 100.428 0.174
201412 0.128 99.070 0.167
201503 0.058 99.621 0.075
201506 -0.029 100.684 -0.037
201509 0.102 100.392 0.131
201512 0.197 99.792 0.255
201603 0.138 100.470 0.178
201606 0.107 101.688 0.136
201609 0.177 101.861 0.225
201612 0.139 101.863 0.177
201703 0.179 102.862 0.225
201706 0.074 103.349 0.093
201709 0.185 104.136 0.230
201712 0.185 104.011 0.230
201803 0.177 105.290 0.218
201806 0.107 106.317 0.130
201809 0.261 106.507 0.317
201812 0.293 105.998 0.358
201903 0.380 107.251 0.459
201906 0.219 108.070 0.262
201909 0.236 108.329 0.282
201912 0.288 108.420 0.344
202003 0.338 108.902 0.402
202006 0.296 108.767 0.352
202009 0.196 109.815 0.231
202012 0.316 109.897 0.372
202103 0.196 111.754 0.227
202106 0.330 114.631 0.373
202109 0.229 115.734 0.256
202112 0.271 117.630 0.298
202203 0.300 121.301 0.320
202206 0.160 125.017 0.166
202209 0.173 125.227 0.179
202212 0.419 125.222 0.433
202303 0.255 127.348 0.259
202306 0.457 128.729 0.459
202309 0.092 129.860 0.092
202312 0.337 129.419 0.337
202403 -0.591 129.419 -0.591

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


CoStar Group  (NAS:CSGP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


CoStar Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CoStar Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CoStar Group (CoStar Group) Business Description

Industry
Traded in Other Exchanges
Address
1331 L Street, Northwest, WA, USA, 20005
CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and LandsofAmerica, with more than 80% of its revenue classified as subscription-based. The company also recently expanded its presence in Canada, the United Kingdom, Spain, and France.
Executives
John W Hill director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Christopher J Nassetta director 77 WEST WACKER DRIVE, SUITE 3900, CHICAGO IL 60601
Angelique G. Brunner director C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203
Lisa Ruggles officer: Senior VP, Global Research C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Scott T Wheeler officer: Chief Financial Officer C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Frank Simuro officer: Chief Technology Officer C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Frederick G. Saint officer: President, Marketplaces LOOPNET, INC., 181 W. HUNTINGTON DRIVE, SUITE 208, MONROVIA CA 91016
Andrew C Florance director, officer: President and CEO C/O COSTAR GROUP INC, 1331 L STREET, NW, WASHINGTON DC 20005
Michael J Desmarais officer: Chief Human Resources Officer C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Michael R Klein director 2001 K STREET, N.W., SUITE 206, WASHINGTON DC 20006
Gene Boxer officer: General Counsel and Secretary 14 WESLEY STREET, HAMILTON D0 HM11
Kaplan Laura Cox director C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Matthew Linnington officer: Executive Vice President Sales C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
David Jay Steinberg director C/O COSTAR GROUP, INC., 1331 L STREET, NW, WASHINGTON DC 20005
Robert W Musslewhite director 2445 M STREET, NW, WASHINGTON DC 20037

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