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Cousins Properties (FRA:CPZ1) Shiller PE Ratio : 14.56 (As of May. 01, 2024)


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What is Cousins Properties Shiller PE Ratio?

As of today (2024-05-01), Cousins Properties's current share price is €21.40. Cousins Properties's E10 for the quarter that ended in Mar. 2024 was €1.47. Cousins Properties's Shiller PE Ratio for today is 14.56.

The historical rank and industry rank for Cousins Properties's Shiller PE Ratio or its related term are showing as below:

FRA:CPZ1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.2   Med: 18.36   Max: 942.75
Current: 14.45

During the past years, Cousins Properties's highest Shiller PE Ratio was 942.75. The lowest was 3.20. And the median was 18.36.

FRA:CPZ1's Shiller PE Ratio is ranked worse than
60.04% of 448 companies
in the REITs industry
Industry Median: 11.32 vs FRA:CPZ1: 14.45

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

Cousins Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.083. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cousins Properties Shiller PE Ratio Historical Data

The historical data trend for Cousins Properties's Shiller PE 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.

Cousins Properties Shiller PE Ratio Chart

Cousins Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.13 35.13 21.64 13.08 15.06

Cousins Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 12.45 12.83 12.61 15.06 14.93

Competitive Comparison of Cousins Properties's Shiller PE Ratio

For the REIT - Office subindustry, Cousins Properties'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.


Cousins Properties's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Cousins Properties's Shiller PE Ratio falls into.



Cousins Properties Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

Cousins Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.40/1.47
=14.56

* 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.

Cousins Properties's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Cousins Properties'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)
=0.083/129.4194*129.4194
=0.083

Current CPI (Mar. 2024) = 129.4194.

Cousins Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.029 100.560 -0.037
201409 0.279 100.428 0.360
201412 0.357 99.070 0.466
201503 0.111 99.621 0.144
201506 0.143 100.684 0.184
201509 0.891 100.392 1.149
201512 0.955 99.792 1.239
201603 0.395 100.470 0.509
201606 0.142 101.688 0.181
201609 0.214 101.861 0.272
201612 0.379 101.863 0.482
201703 0.037 102.862 0.047
201706 1.424 103.349 1.783
201709 0.101 104.136 0.126
201712 0.237 104.011 0.295
201803 0.130 105.290 0.160
201806 0.171 106.317 0.208
201809 0.163 106.507 0.198
201812 0.176 105.998 0.215
201903 0.301 107.251 0.363
201906 -0.177 108.070 -0.212
201909 0.127 108.329 0.152
201912 0.720 108.420 0.859
202003 1.068 108.902 1.269
202006 0.142 108.767 0.169
202009 0.161 109.815 0.190
202012 0.058 109.897 0.068
202103 0.168 111.754 0.195
202106 0.158 114.631 0.178
202109 0.306 115.734 0.342
202112 0.991 117.630 1.090
202203 0.173 121.301 0.185
202206 0.218 125.017 0.226
202209 0.535 125.227 0.553
202212 0.151 125.222 0.156
202303 0.140 127.348 0.142
202306 0.138 128.729 0.139
202309 0.122 129.860 0.122
202312 0.110 129.419 0.110
202403 0.083 129.419 0.083

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


Cousins Properties  (FRA:CPZ1) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Cousins Properties Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Cousins Properties's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cousins Properties (FRA:CPZ1) Business Description

Traded in Other Exchanges
Address
3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.

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