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Cohen & Steers (Cohen & Steers) Shiller PE Ratio : 24.95 (As of Apr. 26, 2024)


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What is Cohen & Steers Shiller PE Ratio?

As of today (2024-04-26), Cohen & Steers's current share price is $69.86. Cohen & Steers's E10 for the quarter that ended in Dec. 2023 was $2.80. Cohen & Steers's Shiller PE Ratio for today is 24.95.

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

CNS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.14   Med: 31.01   Max: 47.9
Current: 24.95

During the past years, Cohen & Steers's highest Shiller PE Ratio was 47.90. The lowest was 18.14. And the median was 31.01.

CNS's Shiller PE Ratio is ranked worse than
84.83% of 758 companies
in the Asset Management industry
Industry Median: 12.63 vs CNS: 24.95

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.

Cohen & Steers's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cohen & Steers Shiller PE Ratio Historical Data

The historical data trend for Cohen & Steers'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.

Cohen & Steers Shiller PE Ratio Chart

Cohen & Steers 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 33.73 38.75 39.56 24.39 27.07

Cohen & Steers 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 23.53 20.95 22.36 27.07 -

Competitive Comparison of Cohen & Steers's Shiller PE Ratio

For the Asset Management subindustry, Cohen & Steers'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.


Cohen & Steers's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cohen & Steers's Shiller PE Ratio falls into.



Cohen & Steers 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.

Cohen & Steers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.86/2.8
=24.95

* 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.

Cohen & Steers's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cohen & Steers's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.6/129.4194*129.4194
=0.600

Current CPI (Dec. 2023) = 129.4194.

Cohen & Steers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.430 99.695 0.558
201406 0.490 100.560 0.631
201409 0.400 100.428 0.515
201412 0.340 99.070 0.444
201503 0.450 99.621 0.585
201506 0.420 100.684 0.540
201509 0.270 100.392 0.348
201512 0.130 99.792 0.169
201603 0.390 100.470 0.502
201606 0.530 101.688 0.675
201609 0.510 101.861 0.648
201612 0.560 101.863 0.711
201703 0.490 102.862 0.617
201706 0.500 103.349 0.626
201709 0.530 104.136 0.659
201712 0.430 104.011 0.535
201803 0.590 105.290 0.725
201806 0.630 106.317 0.767
201809 0.650 106.507 0.790
201812 0.540 105.998 0.659
201903 0.680 107.251 0.821
201906 0.650 108.070 0.778
201909 0.700 108.329 0.836
201912 0.750 108.420 0.895
202003 0.420 108.902 0.499
202006 0.590 108.767 0.702
202009 0.660 109.815 0.778
202012 -0.090 109.897 -0.106
202103 1.000 111.754 1.158
202106 0.950 114.631 1.073
202109 1.050 115.734 1.174
202112 1.300 117.630 1.430
202203 0.850 121.301 0.907
202206 1.060 125.017 1.097
202209 0.900 125.227 0.930
202212 0.660 125.222 0.682
202303 0.710 127.348 0.722
202306 0.640 128.729 0.643
202309 0.650 129.860 0.648
202312 0.600 129.419 0.600

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.


Cohen & Steers  (NYSE:CNS) 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.


Cohen & Steers Shiller PE Ratio Related Terms

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


Cohen & Steers (Cohen & Steers) Business Description

Traded in Other Exchanges
Address
280 Park Avenue, 10th Floor, New York, NY, USA, 10017
Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $75.2 billion in managed assets at the end of September 2023. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 41% (26%) of its managed assets (base management fees) from institutional clients, 45% (53%) from open-end funds, and 14% (21%) from closed-end funds.
Executives
Elena Dulik officer: Chief Accounting Officer 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Richard P Simon director COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Brandon Brown officer: Executive Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Martin Cohen director, 10 percent owner, officer: Executive Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Alicia Dee officer: Executive Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Michele Nolty officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Francis C Poli officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, C/O COHEN & STEERS, NEW YORK NY 10017
Matthew S. Stadler officer: Chief Financial Officer, EVP C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
John Todd Glickson officer: Senior Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Dasha Smith director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Daniel P Charles officer: Executive Vice President C/O COHEN & STEERS, INC., NEW YORK NY 10017
Jon Cheigh officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edmond D Villani director COHEN & STEERS, INC., 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Peter L Rhein director
Reena Aggarwal director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017