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eBay (WBO:EBAY) Cyclically Adjusted PS Ratio : 3.82 (As of May. 13, 2024)


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What is eBay Cyclically Adjusted PS Ratio?

As of today (2024-05-13), eBay's current share price is €48.21. eBay's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €12.63. eBay's Cyclically Adjusted PS Ratio for today is 3.82.

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

WBO:EBAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 3.79   Max: 7.5
Current: 3.73

During the past years, eBay's highest Cyclically Adjusted PS Ratio was 7.50. The lowest was 2.77. And the median was 3.79.

WBO:EBAY's Cyclically Adjusted PS Ratio is ranked worse than
94.22% of 761 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs WBO:EBAY: 3.73

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.

eBay's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.531. 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 €12.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


eBay Cyclically Adjusted PS Ratio Historical Data

The historical data trend for eBay'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.

eBay Cyclically Adjusted PS Ratio Chart

eBay 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 3.92 5.12 6.03 3.42 3.21

eBay 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 3.57 3.54 3.44 3.21 3.86

Competitive Comparison of eBay's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, eBay'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.


eBay's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



eBay 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.

eBay's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.21/12.63
=3.82

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, eBay'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)
=4.531/129.4194*129.4194
=4.531

Current CPI (Mar. 2024) = 129.4194.

eBay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.383 100.560 3.067
201409 1.334 100.428 1.719
201412 1.532 99.070 2.001
201503 1.550 99.621 2.014
201506 1.535 100.684 1.973
201509 1.529 100.392 1.971
201512 1.773 99.792 2.299
201603 1.640 100.470 2.113
201606 1.727 101.688 2.198
201609 1.734 101.861 2.203
201612 2.303 101.863 2.926
201703 1.954 102.862 2.458
201706 1.973 103.349 2.471
201709 1.944 104.136 2.416
201712 2.212 104.011 2.752
201803 2.033 105.290 2.499
201806 2.251 106.317 2.740
201809 2.309 106.507 2.806
201812 0.723 105.998 0.883
201903 2.352 107.251 2.838
201906 2.473 108.070 2.962
201909 2.260 108.329 2.700
201912 1.138 108.420 1.358
202003 2.545 108.902 3.024
202006 2.919 108.767 3.473
202009 2.708 109.815 3.191
202012 2.922 109.897 3.441
202103 3.198 111.754 3.704
202106 3.233 114.631 3.650
202109 3.231 115.734 3.613
202112 3.742 117.630 4.117
202203 3.841 121.301 4.098
202206 4.121 125.017 4.266
202209 4.386 125.227 4.533
202212 4.364 125.222 4.510
202303 4.333 127.348 4.403
202306 4.366 128.729 4.389
202309 4.403 129.860 4.388
202312 4.509 129.419 4.509
202403 4.531 129.419 4.531

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.


eBay  (WBO:EBAY) 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.


eBay Cyclically Adjusted PS Ratio Related Terms

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


eBay (WBO:EBAY) 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.

eBay (WBO:EBAY) Headlines

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