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BGC Group (FRA:ESD) Shiller PE Ratio : 27.50 (As of Jun. 05, 2024)


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What is BGC Group Shiller PE Ratio?

As of today (2024-06-05), BGC Group's current share price is €7.70. BGC Group's E10 for the quarter that ended in Mar. 2024 was €0.28. BGC Group's Shiller PE Ratio for today is 27.50.

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

FRA:ESD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.06   Med: 20.24   Max: 37.18
Current: 27.45

During the past years, BGC Group's highest Shiller PE Ratio was 37.18. The lowest was 7.06. And the median was 20.24.

FRA:ESD's Shiller PE Ratio is ranked worse than
64.81% of 486 companies
in the Capital Markets industry
Industry Median: 20.02 vs FRA:ESD: 27.45

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.

BGC Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.092. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BGC Group Shiller PE Ratio Historical Data

The historical data trend for BGC 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.

BGC Group Shiller PE Ratio Chart

BGC 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 20.12 14.15 14.86 11.56 24.22

BGC 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 15.78 14.45 17.73 24.22 25.21

Competitive Comparison of BGC Group's Shiller PE Ratio

For the Capital Markets subindustry, BGC 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.


BGC Group's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BGC Group's Shiller PE Ratio distribution charts can be found below:

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



BGC 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.

BGC Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.70/0.28
=27.50

* 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.

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

For example, BGC 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)
=0.092/131.7762*131.7762
=0.092

Current CPI (Mar. 2024) = 131.7762.

BGC Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.022 100.560 0.029
201409 0.023 100.428 0.030
201412 -0.134 99.070 -0.178
201503 0.055 99.621 0.073
201506 0.036 100.684 0.047
201509 0.134 100.392 0.176
201512 0.220 99.792 0.291
201603 0.045 100.470 0.059
201606 0.045 101.688 0.058
201609 0.276 101.861 0.357
201612 0.057 101.863 0.074
201703 0.122 102.862 0.156
201706 0.160 103.349 0.204
201709 0.235 104.136 0.297
201712 -0.346 104.011 -0.438
201803 0.154 105.290 0.193
201806 0.094 106.317 0.117
201809 0.300 106.507 0.371
201812 -0.062 105.998 -0.077
201903 0.159 107.251 0.195
201906 0.035 108.070 0.043
201909 -0.009 108.329 -0.011
201912 -0.045 108.420 -0.055
202003 0.036 108.902 0.044
202006 0.062 108.767 0.075
202009 0.017 109.815 0.020
202012 -0.008 109.897 -0.010
202103 0.092 111.754 0.108
202106 0.033 114.631 0.038
202109 -0.026 115.734 -0.030
202112 0.177 117.630 0.198
202203 0.064 121.301 0.070
202206 0.038 125.017 0.040
202209 0.010 125.227 0.011
202212 0.009 125.222 0.009
202303 0.047 127.348 0.049
202306 -0.046 128.729 -0.047
202309 0.028 129.860 0.028
202312 0.037 129.419 0.038
202403 0.092 131.776 0.092

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.


BGC Group  (FRA:ESD) 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.


BGC Group Shiller PE Ratio Related Terms

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BGC Group (FRA:ESD) Business Description

Traded in Other Exchanges
Address
499 Park Avenue, New York, NY, USA, 10022
BGC Group Inc is a brokerage and financial technology company that serves the global financial markets. Its service and product offerings include brokerage for a wide range of financial products including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, brokerage houses, hedge funds, and investment banks. BGC operates in one reportable segment, which is providing brokerage services to the financial markets. The company earns the majority of its revenue in the United Kingdom followed by the United States.

BGC Group (FRA:ESD) Headlines

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