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eBay (EBAY) Cyclically Adjusted Price-to-FCF : 15.12 (As of Apr. 27, 2024)


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What is eBay Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), eBay's current share price is $52.02. eBay's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.44. eBay's Cyclically Adjusted Price-to-FCF for today is 15.12.

The historical rank and industry rank for eBay's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

EBAY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.84   Med: 13.66   Max: 26
Current: 14.94

During the past years, eBay's highest Cyclically Adjusted Price-to-FCF was 26.00. The lowest was 9.84. And the median was 13.66.

EBAY's Cyclically Adjusted Price-to-FCF is ranked worse than
54.48% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs EBAY: 14.94

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

eBay's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.008. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


eBay Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for eBay's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

eBay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.54 17.97 21.36 12.24 12.69

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 Price-to-FCF 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 12.24 12.63 12.50 12.07 12.69

Competitive Comparison of eBay's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, eBay's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where eBay's Cyclically Adjusted Price-to-FCF falls into.



eBay Cyclically Adjusted Price-to-FCF Calculation

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

eBay's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=52.02/3.44
=15.12

* 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 FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.008/129.4194*129.4194
=-0.008

Current CPI (Dec. 2023) = 129.4194.

eBay Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.759 99.695 0.985
201406 1.009 100.560 1.299
201409 1.093 100.428 1.409
201412 1.172 99.070 1.531
201503 0.858 99.621 1.115
201506 0.780 100.684 1.003
201509 0.363 100.392 0.468
201512 0.758 99.792 0.983
201603 0.413 100.470 0.532
201606 0.536 101.688 0.682
201609 0.542 101.861 0.689
201612 0.433 101.863 0.550
201703 0.406 102.862 0.511
201706 0.474 103.349 0.594
201709 0.668 104.136 0.830
201712 0.770 104.011 0.958
201803 0.328 105.290 0.403
201806 0.187 106.317 0.228
201809 0.386 106.507 0.469
201812 1.192 105.998 1.455
201903 0.407 107.251 0.491
201906 0.705 108.070 0.844
201909 1.109 108.329 1.325
201912 0.856 108.420 1.022
202003 0.654 108.902 0.777
202006 1.233 108.767 1.467
202009 -0.027 109.815 -0.032
202012 0.865 109.897 1.019
202103 1.384 111.754 1.603
202106 1.413 114.631 1.595
202109 0.146 115.734 0.163
202112 0.307 117.630 0.338
202203 0.903 121.301 0.963
202206 0.210 125.017 0.217
202209 1.144 125.227 1.182
202212 0.978 125.222 1.011
202303 1.311 127.348 1.332
202306 0.909 128.729 0.914
202309 1.461 129.860 1.456
202312 -0.008 129.419 -0.008

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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 Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


eBay Cyclically Adjusted Price-to-FCF Related Terms

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


eBay (EBAY) Business Description

Industry
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

eBay (EBAY) Headlines

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