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Amazon.com (NEOE:AMZN) Cyclically Adjusted PS Ratio : 5.43 (As of May. 14, 2024)


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What is Amazon.com Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Amazon.com's current share price is C$22.43. Amazon.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$4.13. Amazon.com's Cyclically Adjusted PS Ratio for today is 5.43.

The historical rank and industry rank for Amazon.com's Cyclically Adjusted PS Ratio or its related term are showing as below:

NEOE:AMZN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.09   Med: 6.22   Max: 11.36
Current: 5.46

During the past years, Amazon.com's highest Cyclically Adjusted PS Ratio was 11.36. The lowest was 3.09. And the median was 6.22.

NEOE:AMZN's Cyclically Adjusted PS Ratio is ranked worse than
96.32% of 761 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs NEOE:AMZN: 5.46

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Amazon.com's adjusted revenue per share data for the three months ended in Mar. 2024 was C$1.786. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$4.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amazon.com Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amazon.com's Cyclically Adjusted PS 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.

Amazon.com Cyclically Adjusted PS Ratio Chart

Amazon.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.85 9.57 7.50 3.01 4.57

Amazon.com Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 3.52 4.24 3.96 4.57 5.26

Competitive Comparison of Amazon.com's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Amazon.com's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Amazon.com's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amazon.com's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Amazon.com's Cyclically Adjusted PS Ratio falls into.



Amazon.com Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Amazon.com's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.43/4.13
=5.43

* 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.

Amazon.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Amazon.com's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.786/129.4194*129.4194
=1.786

Current CPI (Mar. 2024) = 129.4194.

Amazon.com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.223 100.560 0.287
201409 0.240 100.428 0.309
201412 0.357 99.070 0.466
201503 0.303 99.621 0.394
201506 0.296 100.684 0.380
201509 0.346 100.392 0.446
201512 0.502 99.792 0.651
201603 0.393 100.470 0.506
201606 0.399 101.688 0.508
201609 0.434 101.861 0.551
201612 0.588 101.863 0.747
201703 0.479 102.862 0.603
201706 0.504 103.349 0.631
201709 0.534 104.136 0.664
201712 0.764 104.011 0.951
201803 0.651 105.290 0.800
201806 0.682 106.317 0.830
201809 0.723 106.507 0.879
201812 0.955 105.998 1.166
201903 0.781 107.251 0.942
201906 0.823 108.070 0.986
201909 0.903 108.329 1.079
201912 1.115 108.420 1.331
202003 1.022 108.902 1.215
202006 1.163 108.767 1.384
202009 1.220 109.815 1.438
202012 1.540 109.897 1.814
202103 1.306 111.754 1.512
202106 1.319 114.631 1.489
202109 1.338 115.734 1.496
202112 1.673 117.630 1.841
202203 1.424 121.301 1.519
202206 1.498 125.017 1.551
202209 1.612 125.227 1.666
202212 1.948 125.222 2.013
202303 1.654 127.348 1.681
202306 1.678 128.729 1.687
202309 1.801 129.860 1.795
202312 2.110 129.419 2.110
202403 1.786 129.419 1.786

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Amazon.com  (NEOE:AMZN) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Amazon.com Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Amazon.com's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Amazon.com (NEOE:AMZN) Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.