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Amazon.com (AMZN) Cyclically Adjusted PS Ratio : 5.40 (As of Apr. 27, 2024)


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What is Amazon.com Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Amazon.com's current share price is $179.62. Amazon.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.25. Amazon.com's Cyclically Adjusted PS Ratio for today is 5.40.

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

AMZN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.09   Med: 6.22   Max: 11.36
Current: 5.22

During the past years, Amazon.com's highest Cyclically Adjusted PS Ratio was 11.36. The lowest was 3.09. And the median was 6.22.

AMZN's Cyclically Adjusted PS Ratio is ranked worse than
96.41% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs AMZN: 5.22

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.

Amazon.com's adjusted revenue per share data for the three months ended in Dec. 2023 was $16.016. 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 $33.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amazon.com Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amazon.com'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.

Amazon.com Cyclically Adjusted PS Ratio Chart

Amazon.com 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 6.85 9.57 7.50 3.01 4.57

Amazon.com 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 3.01 3.52 4.24 3.96 4.57

Competitive Comparison of Amazon.com's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Amazon.com'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.


Amazon.com's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Amazon.com 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.

Amazon.com's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=179.62/33.25
=5.40

* 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.

Amazon.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amazon.com'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)
=16.016/129.4194*129.4194
=16.016

Current CPI (Dec. 2023) = 129.4194.

Amazon.com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.109 99.695 2.738
201406 2.098 100.560 2.700
201409 2.222 100.428 2.863
201412 3.154 99.070 4.120
201503 2.443 99.621 3.174
201506 2.435 100.684 3.130
201509 2.653 100.392 3.420
201512 3.724 99.792 4.830
201603 3.028 100.470 3.900
201606 3.147 101.688 4.005
201609 3.373 101.861 4.286
201612 4.491 101.863 5.706
201703 3.644 102.862 4.585
201706 3.857 103.349 4.830
201709 4.428 104.136 5.503
201712 6.094 104.011 7.583
201803 5.125 105.290 6.300
201806 5.289 106.317 6.438
201809 5.646 106.507 6.861
201812 7.238 105.998 8.837
201903 5.946 107.251 7.175
201906 6.303 108.070 7.548
201909 6.943 108.329 8.295
201912 8.623 108.420 10.293
202003 7.456 108.902 8.861
202006 8.734 108.767 10.392
202009 9.389 109.815 11.065
202012 12.237 109.897 14.411
202103 10.577 111.754 12.249
202106 10.994 114.631 12.412
202109 10.749 115.734 12.020
202112 13.311 117.630 14.645
202203 11.449 121.301 12.215
202206 11.915 125.017 12.335
202209 12.303 125.227 12.715
202212 14.596 125.222 15.085
202303 12.309 127.348 12.509
202306 12.861 128.729 12.930
202309 13.552 129.860 13.506
202312 16.016 129.419 16.016

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.


Amazon.com  (NAS:AMZN) 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.


Amazon.com Cyclically Adjusted PS Ratio Related Terms

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


Amazon.com (AMZN) Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
Executives
Adam Selipsky officer: CEO Amazon Web Services PO BOX 81226, SEATTLE WA 98108
Douglas J Herrington officer: CEO Worldwide Amazon Stores PO BOX 81226, SEATTLE WA 98108
David Zapolsky officer: Senior Vice President PO BOX 81226, SEATTLE WA 98108
Andrew R Jassy director, officer: President and CEO PO BOX 81226, SEATTLE WA 98108-1226
Shelley Reynolds officer: Vice President PO BOX 81226, SEATTLE WA 98108
Brian T Olsavsky officer: Senior Vice President and CFO PO BOX 81226, SEATTLE WA 98108
Daniel P Huttenlocher director ONE RIVERFRONT PLAZA, CORNING NY 14831
Brad D Smith director 1040 13TH AVE, HUNTINGTON WV 25701
Jeffrey P Bezos director, 10 percent owner, officer: Chairman, CEO and President PO BOX 81226, SEATTLE WA 98108-1226
David H Clark officer: Senior Vice President PO BOX 81226, SEATTLE WA 98108
Jonathan Rubinstein director APPLE COMPUTER INC, 1 INFINITE LOOP, CUPERTINO CA 95014
Edith W Cooper director C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Judith A Mcgrath director PO BOX 81226, SEATTLE WA 98108
Jeffrey A Wilke officer: CEO Worldwide Consumer PO BOX 81226, SEATTLE WA 98108-1226
Patricia Q Stonesifer director PO BOX 81226, SEATTLE WA 98108-1226

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