Stock Analysis on Net
Stock Analysis on Net

CoStar Group Inc. (NASDAQ:CSGP)

This company has been moved to the archive! The financial data has not been updated since July 26, 2023.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

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Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).

Historical Valuation Ratios (Summary)

CoStar Group Inc., historical price multiples (quarterly data)

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Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Price to earnings (P/E) 89.65 80.00 79.42 96.31 83.61 84.30 72.23 150.66 149.74 148.99 145.09 111.99 108.91 79.00 79.38 66.85 78.96 63.90 69.97 — — —
Price to operating profit (P/OP) 94.69 74.40 65.06 70.13 58.88 56.46 48.88 102.18 102.74 108.26 113.95 93.36 92.61 69.11 68.77 56.38 66.60 55.28 60.96 — — —
Price to sales (P/S) 14.85 13.05 13.44 15.38 13.40 12.95 10.87 18.85 18.99 19.74 19.86 19.68 21.52 16.34 17.86 15.49 17.75 13.91 13.99 — — —
Price to book value (P/BV) 4.85 4.22 4.27 4.85 4.69 4.47 3.70 6.33 6.21 6.25 6.13 5.88 6.25 6.90 7.34 6.29 7.16 5.54 5.52 4.47 5.59 4.81

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. CoStar Group Inc. P/E ratio increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. CoStar Group Inc. P/OP ratio increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. CoStar Group Inc. P/S ratio decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. CoStar Group Inc. P/BV ratio decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level.

Price to Earnings (P/E)

CoStar Group Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 408,336,600 408,539,209 406,772,431 406,690,060 395,949,425 396,225,292 394,987,704 394,935,769 394,955,148 394,935,500 394,104,410 394,180,770 393,670,980 367,264,430 366,447,340 366,349,760 365,486,540 365,415,760 364,518,290 364,197,870 363,910,840 363,920,210
Selected Financial Data (US$)
Net income (in thousands) 100,520 87,131 124,372 72,290 83,473 89,318 92,900 64,304 61,148 74,212 35,789 58,186 60,360 72,793 87,927 78,619 63,248 85,169 83,509 58,759 43,835 52,231
Earnings per share (EPS)2 0.94 0.90 0.91 0.83 0.83 0.78 0.74 0.60 0.58 0.58 0.58 0.71 0.76 0.82 0.86 0.85 0.80 0.74 0.65 0.00 0.00 0.00
Share price1, 3 84.38 71.92 72.13 80.04 69.68 65.46 53.50 89.82 86.95 86.22 83.62 79.34 82.91 65.09 68.23 56.67 62.80 47.44 45.75 35.93 43.77 37.02
Valuation Ratio
P/E ratio4 89.65 80.00 79.42 96.31 83.61 84.30 72.23 150.66 149.74 148.99 145.09 111.99 108.91 79.00 79.38 66.85 78.96 63.90 69.97 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2023 Calculation
EPS = (Net incomeQ2 2023 + Net incomeQ1 2023 + Net incomeQ4 2022 + Net incomeQ3 2022) ÷ No. shares of common stock outstanding
= (100,520,000 + 87,131,000 + 124,372,000 + 72,290,000) ÷ 408,336,600 = 0.94

3 Closing price as at the filing date of CoStar Group Inc. Quarterly or Annual Report.

4 Q2 2023 Calculation
P/E ratio = Share price ÷ EPS
= 84.38 ÷ 0.94 = 89.65

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. CoStar Group Inc. P/E ratio increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.

Price to Operating Profit (P/OP)

CoStar Group Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 408,336,600 408,539,209 406,772,431 406,690,060 395,949,425 396,225,292 394,987,704 394,935,769 394,955,148 394,935,500 394,104,410 394,180,770 393,670,980 367,264,430 366,447,340 366,349,760 365,486,540 365,415,760 364,518,290 364,197,870 363,910,840 363,920,210
Selected Financial Data (US$)
Income from operations (in thousands) 79,146 72,221 127,162 85,329 110,183 128,275 140,385 89,732 101,011 101,209 55,210 76,809 81,319 75,864 100,986 94,269 74,800 93,492 105,657 70,688 43,774 53,445
Operating profit per share2 0.89 0.97 1.11 1.14 1.18 1.16 1.09 0.88 0.85 0.80 0.73 0.85 0.90 0.94 0.99 1.01 0.94 0.86 0.75 0.00 0.00 0.00
Share price1, 3 84.38 71.92 72.13 80.04 69.68 65.46 53.50 89.82 86.95 86.22 83.62 79.34 82.91 65.09 68.23 56.67 62.80 47.44 45.75 35.93 43.77 37.02
Valuation Ratio
P/OP ratio4 94.69 74.40 65.06 70.13 58.88 56.46 48.88 102.18 102.74 108.26 113.95 93.36 92.61 69.11 68.77 56.38 66.60 55.28 60.96 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2023 Calculation
Operating profit per share = (Income from operationsQ2 2023 + Income from operationsQ1 2023 + Income from operationsQ4 2022 + Income from operationsQ3 2022) ÷ No. shares of common stock outstanding
= (79,146,000 + 72,221,000 + 127,162,000 + 85,329,000) ÷ 408,336,600 = 0.89

3 Closing price as at the filing date of CoStar Group Inc. Quarterly or Annual Report.

4 Q2 2023 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 84.38 ÷ 0.89 = 94.69

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. CoStar Group Inc. P/OP ratio increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.

Price to Sales (P/S)

CoStar Group Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 408,336,600 408,539,209 406,772,431 406,690,060 395,949,425 396,225,292 394,987,704 394,935,769 394,955,148 394,935,500 394,104,410 394,180,770 393,670,980 367,264,430 366,447,340 366,349,760 365,486,540 365,415,760 364,518,290 364,197,870 363,910,840 363,920,210
Selected Financial Data (US$)
Revenues (in thousands) 605,906 584,366 573,345 556,921 536,308 515,825 506,786 499,319 480,333 457,697 444,393 425,620 397,159 391,847 374,726 352,808 343,760 328,425 315,571 305,525 297,018 273,718
Sales per share2 5.68 5.51 5.37 5.20 5.20 5.05 4.92 4.76 4.58 4.37 4.21 4.03 3.85 3.98 3.82 3.66 3.54 3.41 3.27 0.00 0.00 0.00
Share price1, 3 84.38 71.92 72.13 80.04 69.68 65.46 53.50 89.82 86.95 86.22 83.62 79.34 82.91 65.09 68.23 56.67 62.80 47.44 45.75 35.93 43.77 37.02
Valuation Ratio
P/S ratio4 14.85 13.05 13.44 15.38 13.40 12.95 10.87 18.85 18.99 19.74 19.86 19.68 21.52 16.34 17.86 15.49 17.75 13.91 13.99 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2023 Calculation
Sales per share = (RevenuesQ2 2023 + RevenuesQ1 2023 + RevenuesQ4 2022 + RevenuesQ3 2022) ÷ No. shares of common stock outstanding
= (605,906,000 + 584,366,000 + 573,345,000 + 556,921,000) ÷ 408,336,600 = 5.68

3 Closing price as at the filing date of CoStar Group Inc. Quarterly or Annual Report.

4 Q2 2023 Calculation
P/S ratio = Share price ÷ Sales per share
= 84.38 ÷ 5.68 = 14.85

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. CoStar Group Inc. P/S ratio decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level.

Price to Book Value (P/BV)

CoStar Group Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
No. shares of common stock outstanding1 408,336,600 408,539,209 406,772,431 406,690,060 395,949,425 396,225,292 394,987,704 394,935,769 394,955,148 394,935,500 394,104,410 394,180,770 393,670,980 367,264,430 366,447,340 366,349,760 365,486,540 365,415,760 364,518,290 364,197,870 363,910,840 363,920,210
Selected Financial Data (US$)
Stockholders’ equity (in thousands) 7,101,072 6,965,609 6,870,121 6,706,912 5,884,353 5,797,298 5,711,672 5,603,423 5,527,227 5,446,925 5,375,359 5,318,058 5,224,321 3,462,811 3,405,593 3,299,166 3,204,071 3,128,614 3,021,942 2,928,314 2,850,618 2,800,964
Book value per share (BVPS)2 17.39 17.05 16.89 16.49 14.86 14.63 14.46 14.19 13.99 13.79 13.64 13.49 13.27 9.43 9.29 9.01 8.77 8.56 8.29 8.04 7.83 7.70
Share price1, 3 84.38 71.92 72.13 80.04 69.68 65.46 53.50 89.82 86.95 86.22 83.62 79.34 82.91 65.09 68.23 56.67 62.80 47.44 45.75 35.93 43.77 37.02
Valuation Ratio
P/BV ratio4 4.85 4.22 4.27 4.85 4.69 4.47 3.70 6.33 6.21 6.25 6.13 5.88 6.25 6.90 7.34 6.29 7.16 5.54 5.52 4.47 5.59 4.81

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2023 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 7,101,072,000 ÷ 408,336,600 = 17.39

3 Closing price as at the filing date of CoStar Group Inc. Quarterly or Annual Report.

4 Q2 2023 Calculation
P/BV ratio = Share price ÷ BVPS
= 84.38 ÷ 17.39 = 4.85

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. CoStar Group Inc. P/BV ratio decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level.