CBRE Group (BSP:C1BR34) E10: R$20.38 (As of Mar. 2026)


BSP:C1BR34 CBRE Group Inc BSP:C1BR34
20 GF Score
Price R$733.43
GF Value R$782.78
Valuation Fairly Valued
! 5 Warning Signs
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What is CBRE Group E10?

CBRE Group BSP:C1BR34 20 E10 is R$20.38 as of Mar. 2026. GuruFocus rates BSP:C1BR34 with a GF Score™ of 20/100 and a GF Value™ of R$782.78 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

CBRE Group's adjusted earnings per share data for the three months ended in Mar. 2026 was R$5.596. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$20.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CBRE Group's average E10 Growth Rate was 9.40% per year. During the past 3 years, the average E10 Growth Rate was 7.90% per year. During the past 5 years, the average E10 Growth Rate was 13.30% per year. During the past 10 years, the average E10 Growth Rate was 26.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of CBRE Group was 60.10% per year. The lowest was 6.80% per year. And the median was 20.75% per year.

As of today (2026-07-06), CBRE Group's current stock price is R$733.43. CBRE Group's E10 for the quarter that ended in Mar. 2026 was R$20.38. CBRE Group's Shiller PE Ratio of today is 35.99.

During the past 13 years, the highest Shiller PE Ratio of CBRE Group was 95.18. The lowest was 19.14. And the median was 35.75.


CBRE Group  (BSP:C1BR34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CBRE Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=733.43/20.38
=35.99

* 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 Shiller P/E Ratio of CBRE Group was 95.18. The lowest was 19.14. And the median was 35.75.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


CBRE Group E10 Related Terms


CBRE Group E10 Historical Data

* Premium members only.

The historical data trend for CBRE Group's E10 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.

CBRE Group E10 Chart

CBRE Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.64 15.83 16.22 21.99 21.28

CBRE Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 20.62 19.83 19.93 21.28 20.38

BSP:C1BR34 vs BEKE, JLL, CSGP: E10 Comparison

For the Real Estate Services subindustry, CBRE Group'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.


CBRE Group Shiller PE Ratio vs Real Estate Industry

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

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


BSP:C1BR34
20GF Score
CBRE Group Inc BSP:C1BR34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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CBRE Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

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

For example, CBRE Group's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.596/330.2130*330.2130
=5.596

Current CPI (Mar. 2026) = 330.2130.

CBRE Group Quarterly Data

per share eps CPI Adj_EPS
201606 1.232 241.018 1.688
201609 1.008 241.428 1.379
201612 2.616 241.432 3.578
201703 1.251 243.801 1.694
201706 1.944 244.955 2.621
201709 1.817 246.819 2.431
201712 1.615 246.524 2.163
201803 1.443 249.554 1.909
201806 2.527 251.989 3.311
201809 3.492 252.439 4.568
201812 4.466 251.233 5.870
201903 1.844 254.202 2.395
201906 2.545 256.143 3.281
201909 3.090 256.759 3.974
201912 7.675 256.974 9.862
202003 2.492 258.115 3.188
202006 1.245 257.797 1.595
202009 2.970 260.280 3.768
202012 4.785 260.474 6.066
202103 4.395 264.877 5.479
202106 6.537 271.696 7.945
202109 6.757 274.310 8.134
202112 11.536 278.802 13.663
202203 5.773 287.504 6.631
202206 7.471 296.311 8.326
202209 7.236 296.808 8.050
202212 1.311 296.797 1.459
202303 1.927 301.836 2.108
202306 3.106 305.109 3.362
202309 3.013 307.789 3.233
202312 7.595 306.746 8.176
202403 2.042 312.332 2.159
202406 2.262 314.175 2.377
202409 4.043 315.301 4.234
202412 9.640 315.605 10.086
202503 3.109 319.799 3.210
202506 3.993 322.561 4.088
202509 6.489 324.800 6.597
202512 7.583 324.054 7.727
202603 5.596 330.213 5.596

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of R$20.38 mean?
CBRE Group (BSP:C1BR34) has a E10 of R$20.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CBRE Group and its competitors.
Is CBRE Group's E10 too high?
CBRE Group's current E10 is R$20.38. Overall, CBRE Group has a GF Score™ of 20/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CBRE Group's E10 compare to BEKE and JLL?
CBRE Group's E10 of R$20.38 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Real Estate company?
A good E10 depends on the Real Estate industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CBRE Group and its competitors. CBRE Group's current E10 is R$20.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBRE Group stock overvalued right now?
Based on GuruFocus' analysis, CBRE Group (BSP:C1BR34) is currently considered Fairly Valued. The stock's GF Value™ is R$782.78, compared to a current price of R$733.43 — trading 6.3% below its estimated fair value. The current E10 is R$20.38. CBRE Group's overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For CBRE Group (BSP:C1BR34), the current E10 is R$20.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CBRE Group (BSP:C1BR34) Overvalued in 2026?

Based on GuruFocus' analysis, CBRE Group stock appears to be undervalued. The current stock price of R$733.43 is trading 6.3% below its estimated GF Value™ of R$782.78. GuruFocus considers CBRE Group to be Fairly Valued.

Key valuation signals for BSP:C1BR34:

  • E10: R$20.38
  • GF Value™: R$782.78 vs. price of R$733.43 (6.3% below fair value)
  • GF Score™: 20/100 with 5 warning signs

No single metric tells the full story. See the BSP:C1BR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CBRE Group Business Description

Address 2121 North Pearl Street, Suite 300, Dallas, TX, USA, 75201
CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. CBRE's investment management arm managed over $155 billion (at year-end 2025) for clients across diverse public and private real estate strategies.
20GF Score

Get the complete analysis for BSP:C1BR34

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$733.43
Price
R$782.78
GF Value