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Colliers International Group (Colliers International Group) Cyclically Adjusted PB Ratio : 11.05 (As of May. 16, 2024)


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What is Colliers International Group Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Colliers International Group's current share price is $116.59. Colliers International Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.55. Colliers International Group's Cyclically Adjusted PB Ratio for today is 11.05.

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

CIGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.06   Med: 11.57   Max: 20.82
Current: 11.13

During the past years, Colliers International Group's highest Cyclically Adjusted PB Ratio was 20.82. The lowest was 3.06. And the median was 11.57.

CIGI's Cyclically Adjusted PB Ratio is ranked worse than
98.71% of 1316 companies
in the Real Estate industry
Industry Median: 0.69 vs CIGI: 11.13

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 Mar. 2024 was $22.523. 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 $10.55 for the trailing ten years ended in Mar. 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 12.19

Colliers International Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.44 10.03 9.68 12.19 11.59

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
=116.59/10.55
=11.05

* 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 Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.523/126.2576*126.2576
=22.523

Current CPI (Mar. 2024) = 126.2576.

Colliers International Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.612 99.473 8.392
201409 6.497 99.394 8.253
201412 6.289 98.367 8.072
201503 5.795 99.789 7.332
201506 2.803 100.500 3.521
201509 2.678 100.421 3.367
201512 3.680 99.947 4.649
201603 3.756 101.054 4.693
201606 4.143 102.002 5.128
201609 4.582 101.765 5.685
201612 5.323 101.449 6.625
201703 5.523 102.634 6.794
201706 5.908 103.029 7.240
201709 6.284 103.345 7.677
201712 7.668 103.345 9.368
201803 8.067 105.004 9.700
201806 8.334 105.557 9.968
201809 8.675 105.636 10.368
201812 9.883 105.399 11.839
201903 10.150 106.979 11.979
201906 10.736 107.690 12.587
201909 11.400 107.611 13.375
201912 12.872 107.769 15.080
202003 12.362 107.927 14.462
202006 12.383 108.401 14.423
202009 13.199 108.164 15.407
202012 14.492 108.559 16.855
202103 13.578 110.298 15.543
202106 11.780 111.720 13.313
202109 12.224 112.905 13.670
202112 13.202 113.774 14.651
202203 12.039 117.646 12.920
202206 11.202 120.806 11.708
202209 11.114 120.648 11.631
202212 11.406 120.964 11.905
202303 11.161 122.702 11.484
202306 15.124 124.203 15.374
202309 15.426 125.230 15.553
202312 17.834 125.072 18.003
202403 22.523 126.258 22.523

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  (NAS: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 (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.
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

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