COSTAR GROUP, INC. (CSGP)

Services-Business Services, NEC

Latest Price

$28.76

TTM P/E

410.86

Normalized P/E

148.49

Div Yield

Book Value

19.16

P/B Ratio

1.50

Valuation metrics

EPS: $0.02

Book value / share: $19.94

Formula: √(22.5 × EPS × BVPS)

Graham Number

$3.00

90% downside

Norm. op. income: $289M (median of 7yr)

Tax rate: 25%

Discount rate: 10%

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

Earnings Power Value

$8.75

70% downside

Base FCF: $359M (median of recent 5yr)

Growth: -4%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$11.02

62% downside

EPS: $0.02

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$0.30

99% downside

95.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
VANGUARD PORTFOLIO MANAGEMENT LLC	38.23M	$1.54B	9.26%	--	2026-03-31
BlackRock, Inc.	33.81M	$1.36B	8.19%	-162.4K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	27.42M	$1.11B	6.64%	--	2026-03-31
STATE STREET CORP	18.65M	$752.0M	4.52%	+18.6K	2026-03-31
PRINCIPAL FINANCIAL GROUP INC	17.70M	$713.0M	4.28%	+130.1K	2026-03-31
BAMCO INC /NY/	16.31M	$658.0M	3.95%	-3.18M	2026-03-31
Capital International Investors	15.51M	$625.0M	3.76%	+4.67M	2026-03-31
BAILLIE GIFFORD & CO	13.61M	$549.0M	3.30%	+677.7K	2026-03-31
POLEN CAPITAL MANAGEMENT LLC	12.57M	$507.0M	3.04%	+7.68M	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	12.45M	$500.0M	3.01%	+266.5K	2026-03-31