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Meta Platforms (Meta Platforms) Cyclically Adjusted PS Ratio : 15.44 (As of Apr. 28, 2024)


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What is Meta Platforms Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Meta Platforms's current share price is $443.29. Meta Platforms's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $28.71. Meta Platforms's Cyclically Adjusted PS Ratio for today is 15.44.

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

META' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.36   Med: 12.89   Max: 26.48
Current: 15.44

During the past years, Meta Platforms's highest Cyclically Adjusted PS Ratio was 26.48. The lowest was 4.36. And the median was 12.89.

META's Cyclically Adjusted PS Ratio is ranked worse than
96.92% of 292 companies
in the Interactive Media industry
Industry Median: 1.525 vs META: 15.44

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 adjusted revenue per share data for the three months ended in Mar. 2024 was $13.888. 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 $28.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted PS Ratio Chart

Meta Platforms 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 - 22.92 20.02 5.48 12.90

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 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 9.07 11.60 11.48 12.90 16.91

Competitive Comparison of Meta Platforms's Cyclically Adjusted PS Ratio

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 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=443.29/28.71
=15.44

* 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.

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

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)
=13.888/129.4194*129.4194
=13.888

Current CPI (Mar. 2024) = 129.4194.

Meta Platforms Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.113 100.560 1.432
201409 1.211 100.428 1.561
201412 1.371 99.070 1.791
201503 1.249 99.621 1.623
201506 1.418 100.684 1.823
201509 1.572 100.392 2.027
201512 2.037 99.792 2.642
201603 1.853 100.470 2.387
201606 2.203 101.688 2.804
201609 2.392 101.861 3.039
201612 2.990 101.863 3.799
201703 2.728 102.862 3.432
201706 3.159 103.349 3.956
201709 3.494 104.136 4.342
201712 4.379 104.011 5.449
201803 4.063 105.290 4.994
201806 4.516 106.317 5.497
201809 4.712 106.507 5.726
201812 5.851 105.998 7.144
201903 5.255 107.251 6.341
201906 5.873 108.070 7.033
201909 6.142 108.329 7.338
201912 7.323 108.420 8.741
202003 6.184 108.902 7.349
202006 6.491 108.767 7.723
202009 7.426 109.815 8.752
202012 9.670 109.897 11.388
202103 9.081 111.754 10.516
202106 10.107 114.631 11.411
202109 10.147 115.734 11.347
202112 11.991 117.630 13.193
202203 10.178 121.301 10.859
202206 10.624 125.017 10.998
202209 10.314 125.227 10.659
202212 12.119 125.222 12.525
202303 11.034 127.348 11.213
202306 12.251 128.729 12.317
202309 12.929 129.860 12.885
202312 15.153 129.419 15.153
202403 13.888 129.419 13.888

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.


Meta Platforms  (NAS:META) 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.


Meta Platforms Cyclically Adjusted PS Ratio Related Terms

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


Meta Platforms (Meta Platforms) 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.
Executives
Mark Zuckerberg director, 10 percent owner, officer: COB and CEO C/O META PLATFORMS, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Jennifer Newstead officer: VP and General Counsel C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Christopher K Cox officer: Chief Product Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Javier Olivan officer: Chief Operating Officer 62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Nicholas Clegg officer: President, Global Affairs C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Andrew Bosworth officer: Chief Technology Officer C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Susan J Li officer: Chief Financial Officer ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Aaron Anderson officer: Chief Accounting Officer C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Taylor Susan J.s. officer: Chief Accounting Officer C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Marne L. Levine officer: Chief Business Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
David M. Wehner officer: Chief Financial Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Tony Xu director C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
David B. Fischer officer: Chief Revenue Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Michael Todd Schroepfer officer: Chief Technology Officer C/O FACEBOOK INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Marc L Andreessen director C/O ARNOLD & PORTER LLP, 3 EMBARCADERO CENTER 7TH FLOOR, SAN FRANCISCO CA 94111

Meta Platforms (Meta Platforms) Headlines

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