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eBay (EBAY) Cyclically Adjusted PS Ratio : 3.82 (As of Apr. 27, 2024)


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What is eBay Cyclically Adjusted PS Ratio?

As of today (2024-04-27), eBay's current share price is $52.02. eBay's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.61. 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:

EBAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 3.79   Max: 7.5
Current: 3.77

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.

EBAY's Cyclically Adjusted PS Ratio is ranked worse than
94.15% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs EBAY: 3.77

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 Dec. 2023 was $4.917. 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 $13.61 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.42 3.57 3.54 3.44 3.21

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
=52.02/13.61
=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 Dec. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.917/129.4194*129.4194
=4.917

Current CPI (Dec. 2023) = 129.4194.

eBay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.340 99.695 4.336
201406 3.238 100.560 4.167
201409 1.719 100.428 2.215
201412 1.889 99.070 2.468
201503 1.677 99.621 2.179
201506 1.722 100.684 2.213
201509 1.716 100.392 2.212
201512 1.932 99.792 2.506
201603 1.826 100.470 2.352
201606 1.941 101.688 2.470
201609 1.946 101.861 2.472
201612 2.430 101.863 3.087
201703 2.090 102.862 2.630
201706 2.217 103.349 2.776
201709 2.317 104.136 2.880
201712 2.618 104.011 3.258
201803 2.507 105.290 3.082
201806 2.629 106.317 3.200
201809 2.695 106.507 3.275
201812 0.823 105.998 1.005
201903 2.657 107.251 3.206
201906 2.795 108.070 3.347
201909 2.489 108.329 2.974
201912 1.264 108.420 1.509
202003 2.812 108.902 3.342
202006 3.287 108.767 3.911
202009 3.189 109.815 3.758
202012 3.555 109.897 4.187
202103 3.807 111.754 4.409
202106 3.895 114.631 4.397
202109 3.801 115.734 4.250
202112 4.228 117.630 4.652
202203 4.230 121.301 4.513
202206 4.356 125.017 4.509
202209 4.343 125.227 4.488
202212 4.622 125.222 4.777
202303 4.640 127.348 4.715
202306 4.730 128.729 4.755
202309 4.699 129.860 4.683
202312 4.917 129.419 4.917

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  (NAS: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 (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.
Executives
Edward O Garcia officer: SVP, Chief Product Officer C/O EBAY INC, 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Boone Cornelius officer: Chief People Officer C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
Jamie Iannone director, officer: President and CEO C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10111
Paul S Pressler director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Stephen J Priest officer: SVP, Chief Financial Officer C/O JETBLUE AIRWAYS CORPORATIOM, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Rebecca Spencer officer: VP, Chief Accounting Officer C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
Shripriya Mahesh Ramanan director C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
Robert Holmes Swan officer: SVP, Finance & CFO C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Brian J. Doerger officer: VP, Chief Accounting Officer C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Aparna Chennapragada director C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
Pete Thompson officer: SVP, Chief Product Officer 1778 MCCARTHY BLVD, MILPITAS CA 95035
Kathleen C. Mitic director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE CA 95125
Marie Oh Huber officer: SVP, GC & Secretary C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Logan Green director C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
Anthony John Bates director 788 DIXON WAY, LOS ALTOS CA 94022

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