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Etsy (FRA:3E2) Shiller PE Ratio : 122.47 (As of May. 11, 2024)


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What is Etsy Shiller PE Ratio?

As of today (2024-05-11), Etsy's current share price is €57.56. Etsy's E10 for the quarter that ended in Mar. 2024 was €0.47. Etsy's Shiller PE Ratio for today is 122.47.

The historical rank and industry rank for Etsy's Shiller PE Ratio or its related term are showing as below:

FRA:3E2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 117.59   Med: 165.52   Max: 284.66
Current: 125.56

During the past years, Etsy's highest Shiller PE Ratio was 284.66. The lowest was 117.59. And the median was 165.52.

FRA:3E2's Shiller PE Ratio is ranked worse than
95.58% of 565 companies
in the Retail - Cyclical industry
Industry Median: 17.34 vs FRA:3E2: 125.56

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.

Etsy's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.442. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etsy Shiller PE Ratio Historical Data

The historical data trend for Etsy's Shiller PE 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.

Etsy Shiller PE Ratio Chart

Etsy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 177.38

Etsy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 - 244.04 158.90 177.38 135.93

Competitive Comparison of Etsy's Shiller PE Ratio

For the Internet Retail subindustry, Etsy's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Etsy's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Etsy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Etsy's Shiller PE Ratio falls into.



Etsy Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Etsy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=57.56/0.47
=122.47

* 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.

Etsy's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Etsy's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.442/129.4194*129.4194
=0.442

Current CPI (Mar. 2024) = 129.4194.

Etsy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.025 100.560 -0.032
201409 -0.052 100.428 -0.067
201412 -0.039 99.070 -0.051
201503 -0.305 99.621 -0.396
201506 -0.062 100.684 -0.080
201509 -0.053 100.392 -0.068
201512 -0.037 99.792 -0.048
201603 0.009 100.470 0.012
201606 -0.053 101.688 -0.067
201609 -0.018 101.861 -0.023
201612 -0.180 101.863 -0.229
201703 -0.003 102.862 -0.004
201706 0.089 103.349 0.111
201709 0.176 104.136 0.219
201712 0.304 104.011 0.378
201803 0.081 105.290 0.100
201806 0.026 106.317 0.032
201809 0.129 106.507 0.157
201812 0.281 105.998 0.343
201903 0.212 107.251 0.256
201906 0.124 108.070 0.148
201909 0.109 108.329 0.130
201912 0.225 108.420 0.269
202003 0.090 108.902 0.107
202006 0.666 108.767 0.792
202009 0.594 109.815 0.700
202012 0.888 109.897 1.046
202103 0.840 111.754 0.973
202106 0.564 114.631 0.637
202109 0.527 115.734 0.589
202112 0.982 117.630 1.080
202203 0.545 121.301 0.581
202206 0.482 125.017 0.499
202209 -7.696 125.227 -7.954
202212 0.727 125.222 0.751
202303 0.495 127.348 0.503
202306 0.415 128.729 0.417
202309 0.600 129.860 0.598
202312 0.569 129.419 0.569
202403 0.442 129.419 0.442

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Etsy  (FRA:3E2) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Etsy Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Etsy's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Etsy (FRA:3E2) Business Description

Address
117 Adams Street, Brooklyn, NY, USA, 11201
Etsy operates a top-10 e-commerce marketplace operator in the U.S. and the U.K., with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.3 billion in 2022 consolidated gross merchandise volume, the firm has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2022, the firm connected more than 95 million buyers and 7.5 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).

Etsy (FRA:3E2) Headlines

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