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Dec 06
U.S. Real Estate Industry Analysis
UpdatedDec 06, 2023
DataAggregated Company Financials
Companies133
- 7D1.4%
- 3M-6.9%
- 1Y2.7%
- YTD7.1%
CBRE Group is up 2.6%, leading the way for the Real Estate industry, which has gained 1.4%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the U.S. Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | US$129.0b | US$115.1b | -US$812,039,051.00 | 24.2x | -158.8x | 1.1x |
| Fri, 03 Nov 2023 | US$112.2b | US$118.5b | -US$685,743,932.00 | 27.7x | -163.7x | 0.9x |
| Sun, 01 Oct 2023 | US$121.2b | US$119.3b | -US$361,552,615.00 | 27.4x | -335.1x | 1x |
| Tue, 29 Aug 2023 | US$127.7b | US$117.2b | -US$628,172,159.00 | 31.1x | -203.2x | 1.1x |
| Thu, 27 Jul 2023 | US$139.3b | US$122.0b | -US$154,184,139.00 | 26.9x | -903.2x | 1.1x |
| Sat, 24 Jun 2023 | US$89.0b | US$120.0b | -US$495,260,892.00 | 23.4x | -179.8x | 0.7x |
| Mon, 22 May 2023 | US$88.2b | US$121.0b | -US$508,257,235.00 | 20.7x | -173.5x | 0.7x |
| Wed, 19 Apr 2023 | US$90.0b | US$125.4b | -US$325,547,457.00 | 13.4x | -276.5x | 0.7x |
| Fri, 17 Mar 2023 | US$90.4b | US$125.5b | -US$717,968,437.00 | 12.2x | -125.9x | 0.7x |
| Sun, 12 Feb 2023 | US$102.6b | US$128.0b | US$890.4m | 11.5x | 115.2x | 0.8x |
| Tue, 10 Jan 2023 | US$93.6b | US$128.0b | US$1.2b | 9.6x | 79.2x | 0.7x |
| Thu, 08 Dec 2022 | US$88.9b | US$127.7b | US$1.1b | 9.3x | 80.7x | 0.7x |
| Sat, 05 Nov 2022 | US$78.9b | US$127.7b | US$1.3b | 9.1x | 62.3x | 0.6x |
| Mon, 03 Oct 2022 | US$86.1b | US$130.0b | US$1.4b | 7.5x | 61x | 0.7x |
| Wed, 31 Aug 2022 | US$98.6b | US$130.2b | US$1.4b | 8.6x | 72.2x | 0.8x |
| Fri, 29 Jul 2022 | US$100.2b | US$125.7b | US$2.8b | 9.9x | 36.4x | 0.8x |
| Sun, 26 Jun 2022 | US$101.8b | US$125.8b | US$2.7b | 10.2x | 37.3x | 0.8x |
| Tue, 24 May 2022 | US$99.2b | US$125.8b | US$3.2b | 12.1x | 30.8x | 0.8x |
| Thu, 21 Apr 2022 | US$113.9b | US$113.4b | US$2.9b | 14.2x | 39x | 1x |
| Sat, 19 Mar 2022 | US$124.0b | US$113.6b | US$2.9b | 16.1x | 42.9x | 1.1x |
| Mon, 14 Feb 2022 | US$140.5b | US$104.3b | US$2.7b | 16.1x | 51.9x | 1.3x |
| Wed, 12 Jan 2022 | US$149.1b | US$100.7b | US$2.8b | 16.6x | 52.4x | 1.5x |
| Fri, 10 Dec 2021 | US$152.0b | US$99.4b | US$2.9b | 17x | 52.7x | 1.5x |
| Sun, 07 Nov 2021 | US$157.2b | US$96.0b | US$3.2b | 24x | 49.5x | 1.6x |
| Tue, 05 Oct 2021 | US$130.9b | US$86.7b | US$2.9b | 27x | 44.6x | 1.5x |
| Thu, 02 Sep 2021 | US$136.4b | US$85.8b | US$2.8b | 20.6x | 48x | 1.6x |
| Sat, 31 Jul 2021 | US$128.4b | US$85.8b | US$2.8b | 19.3x | 45.2x | 1.5x |
| Tue, 04 May 2021 | US$161.3b | US$77.8b | US$1.5b | 20.2x | 108.1x | 2.1x |
| Fri, 05 Feb 2021 | US$151.8b | US$71.0b | US$596.6m | 28x | 254.4x | 2.1x |
Price to Earnings Ratio
251.6x
Current Industry PE
- Investors are relatively neutral on the American Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 17% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Real Estate industry?
| US Market | 0.56% | |
| Real Estate | 3.48% | |
| Real Estate | 1.39% | |
| Real Estate Services | 1.57% | |
| Diversified Real Estate | 1.23% | |
| Real Estate Operating Companies | 0.57% | |
| Real Estate Development | -0.43% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry even though it's trading below its 3-year average PE ratio of 45.0x.
- Analysts expect its future annual earnings decline (24.0%) to be largely in line with prior year's earnings decline.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 73% over the next 5 years.
- This is better than its past earnings decline of 6.7% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings decline by 24% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CBRE CBRE Group | US$81.11 | 2.6% +US$618.5m | 5.6% | PE40.9x | |
| ZG Zillow Group | US$42.52 | 5.6% +US$523.3m | 16.9% | PS5.2x | |
| OPEN Opendoor Technologies | US$3.38 | 17.0% +US$328.3m | 139.7% | PS0.3x | |
| JLL Jones Lang LaSalle | US$161.70 | 4.0% +US$295.0m | -0.05% | PE33.8x | |
| CSGP CoStar Group | US$84.15 | 0.7% +US$224.6m | 3.9% | PE85.4x |
