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CoStar Group (CoStar Group) E10 : $0.62 (As of Mar. 2024)


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What is CoStar Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

CoStar Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CoStar Group's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 24.70% per year. During the past 5 years, the average E10 Growth Rate was 27.70% per year. During the past 10 years, the average E10 Growth Rate was 25.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of CoStar Group was 37.50% per year. The lowest was 3.60% per year. And the median was 28.90% per year.

As of today (2024-04-27), CoStar Group's current stock price is $92.65. CoStar Group's E10 for the quarter that ended in Mar. 2024 was $0.62. CoStar Group's Shiller PE Ratio of today is 149.44.

During the past 13 years, the highest Shiller PE Ratio of CoStar Group was 295.83. The lowest was 115.70. And the median was 219.59.


CoStar Group E10 Historical Data

The historical data trend for CoStar Group's E10 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 E10 Chart

CoStar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.32 0.41 0.53 0.62

CoStar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 0.56 0.59 0.61 0.62 0.62

Competitive Comparison of CoStar Group's E10

For the Real Estate Services subindustry, CoStar 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.


CoStar Group's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CoStar Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CoStar Group's Shiller PE Ratio falls into.



CoStar Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, CoStar 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)
=0.02/129.4194*129.4194
=0.020

Current CPI (Mar. 2024) = 129.4194.

CoStar Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.028 100.560 0.036
201409 0.040 100.428 0.052
201412 0.043 99.070 0.056
201503 -0.019 99.621 -0.025
201506 -0.047 100.684 -0.060
201509 -0.017 100.392 -0.022
201512 0.071 99.792 0.092
201603 0.052 100.470 0.067
201606 0.048 101.688 0.061
201609 0.072 101.861 0.091
201612 0.091 101.863 0.116
201703 0.068 102.862 0.086
201706 0.068 103.349 0.085
201709 0.104 104.136 0.129
201712 0.122 104.011 0.152
201803 0.144 105.290 0.177
201806 0.120 106.317 0.146
201809 0.161 106.507 0.196
201812 0.229 105.998 0.280
201903 0.233 107.251 0.281
201906 0.173 108.070 0.207
201909 0.215 108.329 0.257
201912 0.239 108.420 0.285
202003 0.198 108.902 0.235
202006 0.160 108.767 0.190
202009 0.150 109.815 0.177
202012 0.091 109.897 0.107
202103 0.190 111.754 0.220
202106 0.160 114.631 0.181
202109 0.160 115.734 0.179
202112 0.240 117.630 0.264
202203 0.230 121.301 0.245
202206 0.210 125.017 0.217
202209 0.180 125.227 0.186
202212 0.310 125.222 0.320
202303 0.210 127.348 0.213
202306 0.250 128.729 0.251
202309 0.220 129.860 0.219
202312 0.240 129.419 0.240
202403 0.020 129.419 0.020

Add all the adjusted EPS together and divide 10 will get our e10.


CoStar Group  (NAS:CSGP) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CoStar Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=92.65/0.62
=149.44

* 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.

During the past 13 years, the highest Shiller P/E Ratio of CoStar Group was 295.83. The lowest was 115.70. And the median was 219.59.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


CoStar Group E10 Related Terms

Thank you for viewing the detailed overview of CoStar Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


CoStar Group (CoStar Group) Business Description

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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