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Meta Platforms (HAM:FB2A) Cyclically Adjusted Revenue per Share : €27.24 (As of Mar. 2024)


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What is Meta Platforms Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Meta Platforms's adjusted revenue per share for the three months ended in Mar. 2024 was €12.777. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €27.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Meta Platforms's average Cyclically Adjusted Revenue Growth Rate was 25.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 32.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Meta Platforms was 32.10% per year. The lowest was 32.10% per year. And the median was 32.10% per year.

As of today (2024-05-20), Meta Platforms's current stock price is €434.80. Meta Platforms's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.24. Meta Platforms's Cyclically Adjusted PS Ratio of today is 15.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Meta Platforms was 26.48. The lowest was 4.36. And the median was 13.00.


Meta Platforms Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Meta Platforms's Cyclically Adjusted Revenue per Share 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.

Meta Platforms Cyclically Adjusted Revenue per Share Chart

Meta Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.86 15.19 20.42 25.13

Meta Platforms Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 21.01 22.50 24.74 25.13 27.24

Competitive Comparison of Meta Platforms's Cyclically Adjusted Revenue per Share

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Meta Platforms Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Meta Platforms'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)
=12.777/131.7762*131.7762
=12.777

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.819 100.560 1.073
201409 0.940 100.428 1.233
201412 1.112 99.070 1.479
201503 1.154 99.621 1.526
201506 1.264 100.684 1.654
201509 1.401 100.392 1.839
201512 1.870 99.792 2.469
201603 1.664 100.470 2.182
201606 1.961 101.688 2.541
201609 2.131 101.861 2.757
201612 2.835 101.863 3.668
201703 2.551 102.862 3.268
201706 2.811 103.349 3.584
201709 2.931 104.136 3.709
201712 3.701 104.011 4.689
201803 3.295 105.290 4.124
201806 3.865 106.317 4.791
201809 4.038 106.507 4.996
201812 5.143 105.998 6.394
201903 4.651 107.251 5.715
201906 5.198 108.070 6.338
201909 5.577 108.329 6.784
201912 6.590 108.420 8.010
202003 5.597 108.902 6.773
202006 5.764 108.767 6.983
202009 6.305 109.815 7.566
202012 7.949 109.897 9.532
202103 7.628 111.754 8.995
202106 8.389 114.631 9.644
202109 8.625 115.734 9.821
202112 10.612 117.630 11.888
202203 9.242 121.301 10.040
202206 10.050 125.017 10.593
202209 10.417 125.227 10.962
202212 11.441 125.222 12.040
202303 10.306 127.348 10.664
202306 11.307 128.729 11.575
202309 12.115 129.860 12.294
202312 13.896 129.419 14.149
202403 12.777 131.776 12.777

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


Meta Platforms  (HAM:FB2A) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Meta Platforms's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=434.80/27.24
=15.96

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Meta Platforms was 26.48. The lowest was 4.36. And the median was 13.00.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Meta Platforms Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Meta Platforms's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Meta Platforms (HAM:FB2A) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

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