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Colliers International Group (Colliers International Group) Cyclically Adjusted PS Ratio : 1.36 (As of Apr. 28, 2024)


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What is Colliers International Group Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Colliers International Group's current share price is $108.03. Colliers International Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $79.49. Colliers International Group's Cyclically Adjusted PS Ratio for today is 1.36.

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

CIGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.16   Max: 2.28
Current: 1.4

During the past years, Colliers International Group's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 0.33. And the median was 1.16.

CIGI's Cyclically Adjusted PS Ratio is ranked better than
54.89% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs CIGI: 1.40

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Colliers International Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $25.424. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $79.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Colliers International Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Colliers International Group's Cyclically Adjusted PS 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 PS Ratio Chart

Colliers International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.48 2.21 1.32 1.59

Colliers International Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 1.32 1.47 1.31 1.29 1.59

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

For the Real Estate Services subindustry, Colliers International Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Real Estate Industry

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

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



Colliers International Group Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=108.03/79.49
=1.36

* 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 Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Colliers International Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=25.424/125.4675*125.4675
=25.424

Current CPI (Dec. 2023) = 125.4675.

Colliers International Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 15.017 98.604 19.108
201406 10.133 99.473 12.781
201409 10.244 99.394 12.931
201412 14.964 98.367 19.087
201503 9.259 99.789 11.642
201506 11.076 100.500 13.828
201509 10.936 100.421 13.664
201512 14.400 99.947 18.077
201603 9.687 101.054 12.027
201606 12.413 102.002 15.269
201609 11.863 101.765 14.626
201612 14.810 101.449 18.316
201703 11.920 102.634 14.572
201706 14.910 103.029 18.157
201709 15.726 103.345 19.092
201712 19.369 103.345 23.515
201803 13.933 105.004 16.648
201806 16.750 105.557 19.909
201809 17.923 105.636 21.288
201812 22.407 105.399 26.673
201903 15.952 106.979 18.709
201906 18.659 107.690 21.739
201909 18.409 107.611 21.464
201912 23.144 107.769 26.945
202003 15.700 107.927 18.252
202006 13.779 108.401 15.948
202009 15.670 108.164 18.177
202012 22.668 108.559 26.199
202103 19.007 110.298 21.621
202106 21.833 111.720 24.520
202109 22.853 112.905 25.396
202112 30.543 113.774 33.682
202203 22.715 117.646 24.225
202206 23.593 120.806 24.503
202209 25.322 120.648 26.334
202212 28.275 120.964 29.328
202303 22.438 122.702 22.944
202306 23.765 124.203 24.007
202309 22.209 125.230 22.251
202312 25.424 125.468 25.424

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Colliers International Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Colliers International Group's Cyclically Adjusted PS 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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