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eBay (FRA:EBA) Shiller PE Ratio : 11.10 (As of May. 02, 2024)


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What is eBay Shiller PE Ratio?

As of today (2024-05-02), eBay's current share price is €49.195. eBay's E10 for the quarter that ended in Dec. 2023 was €4.43. eBay's Shiller PE Ratio for today is 11.10.

The historical rank and industry rank for eBay's Shiller PE Ratio or its related term are showing as below:

FRA:EBA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.77   Med: 16.81   Max: 23.82
Current: 10.47

During the past years, eBay's highest Shiller PE Ratio was 23.82. The lowest was 7.77. And the median was 16.81.

FRA:EBA's Shiller PE Ratio is ranked better than
73.62% of 561 companies
in the Retail - Cyclical industry
Industry Median: 17.13 vs FRA:EBA: 10.47

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

eBay's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.275. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


eBay Shiller PE Ratio Historical Data

The historical data trend for eBay's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

eBay Shiller PE Ratio Chart

eBay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.14 18.28 14.12 9.14 8.86

eBay Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.14 9.54 9.57 9.02 8.86

Competitive Comparison of eBay's Shiller PE Ratio

For the Internet Retail subindustry, eBay's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


eBay's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, eBay's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where eBay's Shiller PE Ratio falls into.



eBay Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

eBay's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=49.195/4.43
=11.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

eBay's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, eBay's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.275/129.4194*129.4194
=1.275

Current CPI (Dec. 2023) = 129.4194.

eBay Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -1.316 99.695 -1.708
201406 0.390 100.560 0.502
201409 0.419 100.428 0.540
201412 0.608 99.070 0.794
201503 0.471 99.621 0.612
201506 0.062 100.684 0.080
201509 0.401 100.392 0.517
201512 0.358 99.792 0.464
201603 0.368 100.470 0.474
201606 0.338 101.688 0.430
201609 0.321 101.861 0.408
201612 5.024 101.863 6.383
201703 0.879 102.862 1.106
201706 0.027 103.349 0.034
201709 0.403 104.136 0.501
201712 -2.121 104.011 -2.639
201803 0.324 105.290 0.398
201806 0.548 106.317 0.667
201809 0.626 106.507 0.761
201812 0.703 105.998 0.858
201903 0.504 107.251 0.608
201906 0.407 108.070 0.487
201909 0.336 108.329 0.401
201912 0.621 108.420 0.741
202003 4.082 108.902 4.851
202006 0.932 108.767 1.109
202009 0.798 109.815 0.940
202012 0.995 109.897 1.172
202103 0.773 111.754 0.895
202106 13.014 114.631 14.693
202109 0.340 115.734 0.380
202112 2.876 117.630 3.164
202203 -2.070 121.301 -2.209
202206 -0.899 125.017 -0.931
202209 -0.131 125.227 -0.135
202212 1.161 125.222 1.200
202303 0.981 127.348 0.997
202306 0.295 128.729 0.297
202309 2.305 129.860 2.297
202312 1.275 129.419 1.275

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


eBay  (FRA:EBA) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


eBay Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of eBay's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


eBay (FRA:EBA) Business Description

Address
2025 Hamilton Avenue, San Jose, CA, USA, 95125
EBay operates one of the largest e-commerce marketplaces in the world, with $74 billion in 2022 gross merchandise volume, or GMV, rendering the firm a top 10 global e-commerce company. eBay generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 132 million buyers and roughly 20 million sellers across almost 190 global markets at the end of 2022. eBay generates just north of 50% of its GMV in international markets, with a large presence in the U.K., Germany, and Australia.

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