Cbre Group, Inc. (CBRE)

Real Estate

Latest Price

$128.47

TTM P/E

29.53

Normalized P/E

33.46

Div Yield

Book Value

28.68

P/B Ratio

4.48

Valuation metrics

EPS: $3.85

Book value / share: $30.02

Formula: √(22.5 × EPS × BVPS)

Graham Number

$51.00

60% downside

Norm. op. income: $1.4B (median of 7yr)

Tax rate: 20%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$19.32

85% downside

Base FCF: $1.4B (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$60.28

53% downside

EPS: $3.85

Target P/E: 33×

Formula: EPS × P/E

P/E Fair Value

$127.05

1% downside

97.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	27.71M	$3.73B	9.56%	-41.8K	2026-06-30
Vanguard Portfolio Management LLC	25.84M	$3.48B	8.92%	+36.3K	2026-06-30
Vanguard Capital Management LLC	19.14M	$2.58B	6.60%	+85.8K	2026-06-30
State Street Corp	14.32M	$1.93B	4.94%	+298.5K	2026-06-30
Principal Financial Group Inc	10.24M	$1.38B	3.53%	+374.1K	2026-06-30
Geode Capital Management, LLC	8.53M	$1.14B	2.94%	-101.3K	2026-06-30
Harris Associates L P	6.01M	$810.0M	2.07%	-408.3K	2026-06-30
Morgan Stanley	5.80M	$781.0M	2.00%	-494.1K	2026-06-30
FMR LLC	5.60M	$754.0M	1.93%	+963.3K	2026-06-30
JPMorgan Chase & Co	5.06M	$688.0M	1.74%	+853.9K	2026-06-30