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CoStar Group (FRA:RLG) E10 : €0.57 (As of Mar. 2024)


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What is CoStar Group E10?

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.

CoStar Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.018. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CoStar Group's average E10 Growth Rate was 10.70% per year. During the past 3 years, the average E10 Growth Rate was 24.70% per year. During the past 5 years, the average E10 Growth Rate was 27.70% per year. During the past 10 years, the average E10 Growth Rate was 25.10% 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 CoStar Group was 37.50% per year. The lowest was 3.60% per year. And the median was 28.90% per year.

As of today (2024-05-13), CoStar Group's current stock price is €84.61. CoStar Group's E10 for the quarter that ended in Mar. 2024 was €0.57. CoStar Group's Shiller PE Ratio of today is 148.44.

During the past 13 years, the highest Shiller PE Ratio of CoStar Group was 295.83. The lowest was 115.70. And the median was 219.22.


CoStar Group E10 Historical Data

The historical data trend for CoStar 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.

* Premium members only.

CoStar Group E10 Chart

CoStar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.26 0.36 0.49 0.56

CoStar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.51 0.55 0.57 0.56 0.57

Competitive Comparison of CoStar Group's E10

For the Real Estate Services subindustry, CoStar 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.


CoStar Group's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



CoStar 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, CoStar Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.018/129.4194*129.4194
=0.018

Current CPI (Mar. 2024) = 129.4194.

CoStar Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.021 100.560 0.027
201409 0.031 100.428 0.040
201412 0.035 99.070 0.046
201503 -0.018 99.621 -0.023
201506 -0.042 100.684 -0.054
201509 -0.015 100.392 -0.019
201512 0.065 99.792 0.084
201603 0.047 100.470 0.061
201606 0.043 101.688 0.055
201609 0.064 101.861 0.081
201612 0.086 101.863 0.109
201703 0.064 102.862 0.081
201706 0.061 103.349 0.076
201709 0.087 104.136 0.108
201712 0.103 104.011 0.128
201803 0.117 105.290 0.144
201806 0.103 106.317 0.125
201809 0.138 106.507 0.168
201812 0.201 105.998 0.245
201903 0.206 107.251 0.249
201906 0.153 108.070 0.183
201909 0.195 108.329 0.233
201912 0.215 108.420 0.257
202003 0.179 108.902 0.213
202006 0.142 108.767 0.169
202009 0.127 109.815 0.150
202012 0.075 109.897 0.088
202103 0.160 111.754 0.185
202106 0.133 114.631 0.150
202109 0.136 115.734 0.152
202112 0.212 117.630 0.233
202203 0.209 121.301 0.223
202206 0.199 125.017 0.206
202209 0.182 125.227 0.188
202212 0.293 125.222 0.303
202303 0.196 127.348 0.199
202306 0.231 128.729 0.232
202309 0.206 129.860 0.205
202312 0.220 129.419 0.220
202403 0.018 129.419 0.018

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


CoStar Group  (FRA:RLG) 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.

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

Shiller PE Ratio=Share Price/E10
=84.61/0.57
=148.44

* 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 CoStar Group was 295.83. The lowest was 115.70. And the median was 219.22.


Be Aware

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


CoStar Group E10 Related Terms

Thank you for viewing the detailed overview of CoStar Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


CoStar Group (FRA:RLG) Business Description

Traded in Other Exchanges
Address
1331 L Street, Northwest, WA, USA, 20005
CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and LandsofAmerica, with more than 80% of its revenue classified as subscription-based. The company also recently expanded its presence in Canada, the United Kingdom, Spain, and France.

CoStar Group (FRA:RLG) Headlines

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