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Colliers International Group (MEX:CIGI) Cyclically Adjusted PB Ratio : 10.13 (As of Sep. 26, 2024)


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What is Colliers International Group Cyclically Adjusted PB Ratio?

As of today (2024-09-26), Colliers International Group's current share price is MXN1707.00. Colliers International Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN168.50. Colliers International Group's Cyclically Adjusted PB Ratio for today is 10.13.

The historical rank and industry rank for Colliers International Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:CIGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.87   Med: 12.79   Max: 20.82
Current: 13.37

During the past years, Colliers International Group's highest Cyclically Adjusted PB Ratio was 20.82. The lowest was 5.87. And the median was 12.79.

MEX:CIGI's Cyclically Adjusted PB Ratio is ranked worse than
99.16% of 1304 companies
in the Real Estate industry
Industry Median: 0.65 vs MEX:CIGI: 13.37

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 adjusted book value per share data for the three months ended in Jun. 2024 was MXN424.012. 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 MXN168.50 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Colliers International Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Colliers International Group's Cyclically Adjusted PB 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.

Colliers International Group Cyclically Adjusted PB Ratio Chart

Colliers International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.76 13.35 18.32 10.35 12.22

Colliers International Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted PB 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 10.03 9.68 12.22 11.52 10.13

Competitive Comparison of Colliers International Group's Cyclically Adjusted PB Ratio

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.



Colliers International Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1707.00/168.5
=10.13

* 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.

Colliers International Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Colliers International Group's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=424.012/127.5217*127.5217
=424.012

Current CPI (Jun. 2024) = 127.5217.

Colliers International Group Quarterly Data

Book Value per Share CPI Adj_Book
201409 87.232 99.394 111.918
201412 92.768 98.367 120.263
201503 88.338 99.789 112.888
201506 43.975 100.500 55.798
201509 45.258 100.421 57.472
201512 63.275 99.947 80.732
201603 64.651 101.054 81.585
201606 76.623 102.002 95.794
201609 88.586 101.765 111.008
201612 109.746 101.449 137.952
201703 103.998 102.634 129.217
201706 106.791 103.029 132.178
201709 114.044 103.345 140.724
201712 150.601 103.345 185.833
201803 146.556 105.004 177.984
201806 163.756 105.557 197.831
201809 162.272 105.636 195.892
201812 194.058 105.399 234.790
201903 196.887 106.979 234.694
201906 206.229 107.690 244.207
201909 225.068 107.611 266.710
201912 242.761 107.769 287.255
202003 289.875 107.927 342.502
202006 285.828 108.401 336.244
202009 291.575 108.164 343.756
202012 288.266 108.559 338.618
202103 277.555 110.298 320.898
202106 234.499 111.720 267.667
202109 251.341 112.905 283.880
202112 270.821 113.774 303.545
202203 239.700 117.646 259.823
202206 225.364 120.806 237.892
202209 223.565 120.648 236.302
202212 222.372 120.964 234.427
202303 201.169 122.702 209.071
202306 259.288 124.203 266.216
202309 268.702 125.230 273.618
202312 302.717 125.072 308.645
202403 373.805 126.258 377.548
202406 424.012 127.522 424.012

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


Colliers International Group  (MEX:CIGI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Colliers International Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Colliers International Group's Cyclically Adjusted PB Ratio 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 is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.

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