Unpleasant Surprises Could Be In Store For KE Holdings Inc.'s (NYSE:BEKE) Shares
Apr 08
U.S. Real Estate Services Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies26
- 7D2.2%
- 3M-4.5%
- 1Y13.9%
- YTDn/a
The Real Estate Services industry is up 2.2% in the last week, with KE Holdings up 5.7%. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the U.S. Real Estate Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | US$108.9b | US$106.1b | US$1.2b | 32.5x | 91.5x | 1x |
| Fri, 22 Mar 2024 | US$119.1b | US$106.1b | US$1.2b | 29.9x | 98.2x | 1.1x |
| Sun, 18 Feb 2024 | US$114.3b | US$105.6b | US$966.2m | 33.8x | 118.3x | 1.1x |
| Tue, 16 Jan 2024 | US$112.2b | US$107.1b | -US$106,214,887.00 | 39.6x | -1056.1x | 1x |
| Thu, 14 Dec 2023 | US$109.9b | US$107.1b | -US$108,601,808.00 | 39.9x | -1011.9x | 1x |
| Sat, 11 Nov 2023 | US$96.1b | US$106.9b | -US$106,211,012.00 | 33.2x | -905.1x | 0.9x |
| Mon, 09 Oct 2023 | US$102.2b | US$110.2b | -US$835,857,563.00 | 33.6x | -122.3x | 0.9x |
| Wed, 06 Sep 2023 | US$116.9b | US$110.2b | -US$833,218,498.00 | 40.5x | -140.3x | 1.1x |
| Fri, 04 Aug 2023 | US$117.3b | US$112.9b | -US$1,632,423,572.00 | 43.5x | -71.9x | 1x |
| Sun, 02 Jul 2023 | US$75.8b | US$112.4b | -US$1,260,852,216.00 | 21.6x | -60.1x | 0.7x |
| Tue, 30 May 2023 | US$71.2b | US$112.6b | -US$1,207,111,708.00 | 20.3x | -59x | 0.6x |
| Thu, 27 Apr 2023 | US$66.2b | US$116.2b | -US$645,056,019.00 | 11.2x | -102.7x | 0.6x |
| Sat, 25 Mar 2023 | US$70.9b | US$116.2b | -US$728,747,514.00 | 11.9x | -97.3x | 0.6x |
| Mon, 20 Feb 2023 | US$83.2b | US$111.6b | US$1.0b | 13x | 81.4x | 0.7x |
| Wed, 18 Jan 2023 | US$82.4b | US$118.4b | US$825.2m | 9.9x | 99.9x | 0.7x |
| Fri, 16 Dec 2022 | US$69.9b | US$118.1b | US$836.6m | 8.6x | 83.6x | 0.6x |
| Sun, 13 Nov 2022 | US$71.4b | US$118.0b | US$493.3m | 9.5x | 144.8x | 0.6x |
| Tue, 11 Oct 2022 | US$68.7b | US$121.3b | US$1.7b | 7.1x | 39.6x | 0.6x |
| Thu, 08 Sep 2022 | US$77.4b | US$121.6b | US$1.7b | 8x | 45.1x | 0.6x |
| Sat, 06 Aug 2022 | US$82.9b | US$123.3b | US$2.3b | 8.6x | 36x | 0.7x |
| Mon, 04 Jul 2022 | US$82.6b | US$116.8b | US$2.7b | 9.1x | 30.9x | 0.7x |
| Wed, 01 Jun 2022 | US$86.1b | US$118.1b | US$2.9b | 10x | 29.5x | 0.7x |
| Fri, 29 Apr 2022 | US$87.2b | US$105.5b | US$2.5b | 11x | 35.1x | 0.8x |
| Sun, 27 Mar 2022 | US$97.9b | US$106.0b | US$2.5b | 12.2x | 38.6x | 0.9x |
| Tue, 22 Feb 2022 | US$116.9b | US$98.9b | US$2.2b | 13.6x | 54.2x | 1.2x |
| Thu, 20 Jan 2022 | US$118.4b | US$94.3b | US$2.5b | 15.5x | 48.2x | 1.3x |
| Sat, 18 Dec 2021 | US$123.7b | US$92.9b | US$2.4b | 16.7x | 52.4x | 1.3x |
| Mon, 15 Nov 2021 | US$139.6b | US$92.9b | US$2.4b | 18.3x | 58.2x | 1.5x |
| Wed, 13 Oct 2021 | US$116.5b | US$81.2b | US$2.5b | 24.8x | 47.5x | 1.4x |
| Fri, 10 Sep 2021 | US$110.9b | US$81.2b | US$2.5b | 20.5x | 45.2x | 1.4x |
| Sun, 08 Aug 2021 | US$108.4b | US$80.2b | US$2.4b | 20.8x | 45.6x | 1.4x |
| Sat, 01 May 2021 | US$141.1b | US$72.5b | US$1.2b | 32.1x | 118x | 1.9x |
Price to Earnings Ratio
118x
Current Industry PE
- Investors are optimistic on the American Real Estate Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 91.5x which is higher than its 3-year average PE of -82.4x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Real Estate Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 14% 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 and as a result, profits have held steady.
Industry Comparison
How does U.S. Real Estate Services compare with similar industries?
| US Market | 1.23% | |
| Real Estate | 2.41% | |
| Real Estate | 1.91% | |
| Real Estate Services | 2.21% | |
| Diversified Real Estate | 3.35% | |
| Real Estate Development | 2.06% | |
| Real Estate Operating Companies | -1.79% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CSGP CoStar Group | US$91.95 | 7.6% +US$2.6b | 27.9% | PE127.6x | |
| BEKE KE Holdings | US$13.73 | 6.6% +US$1.0b | -11.8% | PE20.8x | |
| CBRE CBRE Group | US$86.77 | 1.9% +US$491.8m | 24.1% | PE26.6x | |
| JLL Jones Lang LaSalle | US$181.86 | 4.9% +US$402.3m | 42.9% | PE38.3x | |
| ZG Zillow Group | US$42.88 | 2.4% +US$236.2m | 5.2% | PS5.2x |