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CIGI (Colliers International Group) Cyclically Adjusted Book per Share : $12.06 (As of Mar. 2025)


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What is Colliers International Group Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Colliers International Group's adjusted book value per share for the three months ended in Mar. 2025 was $26.486. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $12.06 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Colliers International Group's average Cyclically Adjusted Book Growth Rate was 20.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.30% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Colliers International Group was 24.80% per year. The lowest was -5.50% per year. And the median was 7.40% per year.

As of today (2025-05-15), Colliers International Group's current stock price is $128.00. Colliers International Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $12.06. Colliers International Group's Cyclically Adjusted PB Ratio of today is 10.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Colliers International Group was 20.82. The lowest was 7.99. And the median was 12.98.


Colliers International Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Colliers International Group's Cyclically Adjusted Book per Share 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.

Colliers International Group Cyclically Adjusted Book per Share Chart

Colliers International Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.68 8.12 8.89 10.35 11.42

Colliers International Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 10.62 11.05 11.62 11.42 12.06

Competitive Comparison of Colliers International Group's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Colliers International Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Colliers International Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Colliers International Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Colliers International Group's Cyclically Adjusted PB Ratio falls into.


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Colliers International Group Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Colliers International Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=26.486/128.7859*128.7859
=26.486

Current CPI (Mar. 2025) = 128.7859.

Colliers International Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.803 100.500 3.592
201509 2.678 100.421 3.434
201512 3.680 99.947 4.742
201603 3.756 101.054 4.787
201606 4.143 102.002 5.231
201609 4.582 101.765 5.799
201612 5.323 101.449 6.757
201703 5.523 102.634 6.930
201706 5.908 103.029 7.385
201709 6.284 103.345 7.831
201712 7.668 103.345 9.556
201803 8.067 105.004 9.894
201806 8.334 105.557 10.168
201809 8.675 105.636 10.576
201812 9.883 105.399 12.076
201903 10.150 106.979 12.219
201906 10.736 107.690 12.839
201909 11.400 107.611 13.643
201912 12.872 107.769 15.382
202003 12.362 107.927 14.751
202006 12.383 108.401 14.712
202009 13.199 108.164 15.715
202012 14.492 108.559 17.192
202103 13.578 110.298 15.854
202106 11.780 111.720 13.579
202109 12.224 112.905 13.943
202112 13.202 113.774 14.944
202203 12.039 117.646 13.179
202206 11.202 120.806 11.942
202209 11.114 120.648 11.864
202212 11.406 120.964 12.144
202303 11.161 122.702 11.714
202306 15.124 124.203 15.682
202309 15.426 125.230 15.864
202312 17.834 125.072 18.364
202403 23.118 126.258 23.581
202406 23.755 127.522 23.990
202409 24.873 127.285 25.166
202412 26.177 127.364 26.469
202503 26.486 128.786 26.486

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Colliers International Group  (NAS:CIGI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Colliers International Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=128.00/12.06
=10.61

* 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 Cyclically Adjusted PB Ratio of Colliers International Group was 20.82. The lowest was 7.99. And the median was 12.98.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Colliers International Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Colliers International Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Colliers International Group Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc provides commercial real estate professional services and investment management to corporate and institutional clients across different countries around the world. Its operating segments are; Real Estate Services, Engineering, Investment Management, and Corporate. Maximum revenue for the company is generated from its Real Estate Services segment, which offers services like transaction and debt finance services, outsourcing in property management, valuation and advisory, loan servicing, property sales brokerage, and lease brokerage services, among others. Geographically, the company generates maximum revenue from the United States and the rest from Canada, Australia, the United Kingdom, Poland, China, India, and other regions.
Executives
Spruce House Partnership Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Partnership (qp) Lp 10 percent owner 435 HUDSON ST #804, NEW YORK NY 10014
Spruce House Partnership (ai) Lp 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Capital Llc 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Spruce House Investment Management Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Zachary Sternberg 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Benjamin Forester Stein 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014