KE Holdings Inc. (NYSE:BEKE) Looks Just Right With A 36% Price Jump
Sep 27
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U.S. Real Estate Industry Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies120
- 7D1.4%
- 3M22.5%
- 1Y24.7%
- YTD9.0%
Over the last 7 days, the Real Estate industry has risen 1.4%, driven by gains from KE Holdings of 29%. Meanwhile, CoStar Group actually underperformed within the industry, shrinking 5.8% in the last week. In the last 12 months, the industry was up 25%. As for the next few years, earnings are expected to grow by 36% 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 |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | US$165.1b | US$113.9b | -US$555,555,100.81 | 37x | -297.2x | 1.4x |
| Sun, 25 Aug 2024 | US$152.3b | US$113.0b | -US$549,377,071.85 | 31.7x | -277.2x | 1.3x |
| Tue, 23 Jul 2024 | US$139.4b | US$110.6b | US$553.5m | 28.6x | 251.8x | 1.3x |
| Thu, 20 Jun 2024 | US$132.1b | US$110.6b | US$546.5m | 27.5x | 241.7x | 1.2x |
| Sat, 18 May 2024 | US$145.7b | US$111.2b | US$627.1m | 28.8x | 232.3x | 1.3x |
| Mon, 15 Apr 2024 | US$133.9b | US$113.4b | US$233.8m | 28.3x | 572.7x | 1.2x |
| Wed, 13 Mar 2024 | US$135.8b | US$113.1b | US$489.1m | 20.9x | 277.7x | 1.2x |
| Fri, 09 Feb 2024 | US$132.1b | US$115.3b | -US$666,411,818.03 | 21x | -198.2x | 1.1x |
| Sun, 07 Jan 2024 | US$134.7b | US$115.3b | -US$636,971,048.00 | 23.3x | -211.4x | 1.2x |
| Tue, 05 Dec 2023 | US$128.4b | US$115.1b | -US$810,369,017.00 | 24.6x | -158.4x | 1.1x |
| Thu, 02 Nov 2023 | US$110.7b | US$119.2b | -US$579,784,672.00 | 26.1x | -190.9x | 0.9x |
| Sat, 30 Sep 2023 | US$121.1b | US$119.3b | -US$361,552,615.00 | 27.4x | -334.9x | 1x |
| Mon, 28 Aug 2023 | US$127.7b | US$117.2b | -US$628,170,831.00 | 31.1x | -203.2x | 1.1x |
| Wed, 26 Jul 2023 | US$140.2b | US$122.0b | -US$160,292,824.00 | 26.8x | -874.4x | 1.1x |
| Fri, 23 Jun 2023 | US$90.7b | US$120.0b | -US$495,281,790.00 | 23.4x | -183.2x | 0.8x |
| Sun, 21 May 2023 | US$88.2b | US$121.0b | -US$508,257,235.00 | 20.7x | -173.5x | 0.7x |
| Tue, 18 Apr 2023 | US$90.3b | US$125.4b | -US$325,178,946.00 | 13.7x | -277.7x | 0.7x |
| Thu, 16 Mar 2023 | US$88.1b | US$125.3b | -US$708,772,594.00 | 12.4x | -124.3x | 0.7x |
| Sat, 11 Feb 2023 | US$102.6b | US$128.0b | US$890.4m | 11.5x | 115.2x | 0.8x |
| Mon, 09 Jan 2023 | US$92.3b | US$127.8b | US$1.2b | 9.6x | 77.7x | 0.7x |
| Wed, 07 Dec 2022 | US$91.0b | US$127.6b | US$1.1b | 9.4x | 82.4x | 0.7x |
| Fri, 04 Nov 2022 | US$77.8b | US$129.7b | US$1.3b | 7.4x | 58.2x | 0.6x |
| Sun, 02 Oct 2022 | US$86.0b | US$130.0b | US$1.4b | 7.5x | 61x | 0.7x |
| Tue, 30 Aug 2022 | US$99.0b | US$130.2b | US$1.4b | 8.6x | 72.8x | 0.8x |
| Thu, 28 Jul 2022 | US$100.2b | US$125.7b | US$2.8b | 9.9x | 36.4x | 0.8x |
| Sat, 25 Jun 2022 | US$100.8b | US$125.8b | US$2.7b | 10.2x | 36.9x | 0.8x |
| Mon, 23 May 2022 | US$98.5b | US$125.7b | US$3.2b | 12.1x | 30.6x | 0.8x |
| Wed, 20 Apr 2022 | US$114.9b | US$113.4b | US$2.9b | 14.2x | 39.7x | 1x |
| Fri, 18 Mar 2022 | US$121.8b | US$113.6b | US$2.9b | 15x | 42.2x | 1.1x |
| Sun, 13 Feb 2022 | US$140.5b | US$104.3b | US$2.7b | 16.1x | 51.8x | 1.3x |
| Tue, 11 Jan 2022 | US$144.2b | US$100.7b | US$2.8b | 16.2x | 50.7x | 1.4x |
| Thu, 09 Dec 2021 | US$153.7b | US$99.5b | US$2.9b | 17.1x | 53.4x | 1.5x |
| Sat, 06 Nov 2021 | US$157.4b | US$95.3b | US$3.2b | 24x | 48.6x | 1.7x |
| Mon, 04 Oct 2021 | US$135.2b | US$86.7b | US$2.9b | 27.4x | 46.1x | 1.6x |
Price to Earnings Ratio
46.1x
Current Industry PE
- Investors are optimistic on the American Real Estate industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
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 9.5% 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 | 0.60% | |
| Real Estate | -0.70% | |
| Real Estate | 1.35% | |
| Real Estate Services | 2.06% | |
| Real Estate Operating Companies | -0.44% | |
| Diversified Real Estate | -2.73% | |
| Real Estate Development | -3.09% | |
Industry PE
- Investors are most optimistic about the Real Estate Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 35.3%, which is higher than its past year's earnings growth of 16.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 69% over the next 5 years.
- This is better than its past earnings decline of 56% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings grow by 7.2% 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 | |
|---|---|---|---|---|---|
| BEKE KE Holdings | US$19.69 | 29.4% +US$5.4b | 27.0% | PE40.2x | |
| JLL Jones Lang LaSalle | US$272.00 | 3.3% +US$414.8m | 93.9% | PE33.7x | |
| MRNO Murano Global Investments | US$8.30 | 5.7% +US$405.0m | -24.5% | PS328.1x | |
| CBRE CBRE Group | US$123.48 | 0.8% +US$298.2m | 68.5% | PE40.3x | |
| NMRK Newmark Group | US$15.90 | 3.6% +US$93.5m | 152.8% | PE60.7x |
