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FSV (FirstService) Shiller PE Ratio : 159.20 (As of Jul. 07, 2025)


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What is FirstService Shiller PE Ratio?

As of today (2025-07-07), FirstService's current share price is $176.71. FirstService's E10 for the quarter that ended in Mar. 2025 was $1.11. FirstService's Shiller PE Ratio for today is 159.20.

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

FSV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 143.99   Med: 197.49   Max: 934.54
Current: 151.03

During the past years, FirstService's highest Shiller PE Ratio was 934.54. The lowest was 143.99. And the median was 197.49.

FSV's Shiller PE Ratio is ranked worse than
97.3% of 1001 companies
in the Real Estate industry
Industry Median: 12.36 vs FSV: 151.03

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.

FirstService's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


FirstService Shiller PE Ratio Historical Data

The historical data trend for FirstService'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.

FirstService Shiller PE Ratio Chart

FirstService Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 505.93 200.74 187.47 169.09

FirstService Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 187.24 162.95 173.65 169.09 150.52

Competitive Comparison of FirstService's Shiller PE Ratio

For the Real Estate Services subindustry, FirstService'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.


FirstService's Shiller PE Ratio Distribution in the Real Estate Industry

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

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


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FirstService 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.

FirstService's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=176.71/1.11
=159.20

* 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.

FirstService's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, FirstService's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.06/129.1809*129.1809
=0.060

Current CPI (Mar. 2025) = 129.1809.

FirstService Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.200 100.500 0.257
201509 0.390 100.421 0.502
201512 0.090 99.947 0.116
201603 -0.050 101.054 -0.064
201606 0.350 102.002 0.443
201609 0.430 101.765 0.546
201612 0.190 101.449 0.242
201703 0.120 102.634 0.151
201706 0.490 103.029 0.614
201709 0.410 103.345 0.513
201712 0.400 103.345 0.500
201803 0.170 105.004 0.209
201806 0.620 105.557 0.759
201809 0.700 105.636 0.856
201812 0.310 105.399 0.380
201903 0.060 106.979 0.072
201906 -7.480 107.690 -8.973
201909 0.500 107.611 0.600
201912 0.130 107.769 0.156
202003 0.130 107.927 0.156
202006 0.640 108.401 0.763
202009 0.750 108.164 0.896
202012 0.500 108.559 0.595
202103 0.500 110.298 0.586
202106 0.830 111.720 0.960
202109 1.030 112.905 1.178
202112 0.700 113.774 0.795
202203 0.320 117.646 0.351
202206 0.780 120.806 0.834
202209 0.770 120.648 0.824
202212 0.860 120.964 0.918
202303 0.360 122.702 0.379
202306 1.010 124.203 1.050
202309 0.730 125.230 0.753
202312 0.140 125.072 0.145
202403 0.140 126.258 0.143
202406 0.780 127.522 0.790
202409 1.340 127.285 1.360
202412 0.710 127.364 0.720
202503 0.060 129.181 0.060

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.


FirstService  (NAS:FSV) 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.


FirstService Shiller PE Ratio Related Terms

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


FirstService Business Description

Traded in Other Exchanges
Address
1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9
FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates the majority of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.