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Etsy (BSP:E2TS34) Shiller PE Ratio : 148.20 (As of Apr. 24, 2024)


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What is Etsy Shiller PE Ratio?

As of today (2024-04-24), Etsy's current share price is R$22.23. Etsy's E10 for the quarter that ended in Dec. 2023 was R$0.15. Etsy's Shiller PE Ratio for today is 148.20.

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

BSP:E2TS34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 141.26   Med: 168.11   Max: 284.66
Current: 149.59

During the past years, Etsy's highest Shiller PE Ratio was 284.66. The lowest was 141.26. And the median was 168.11.

BSP:E2TS34's Shiller PE Ratio is ranked worse than
97.3% of 555 companies
in the Retail - Cyclical industry
Industry Median: 17.22 vs BSP:E2TS34: 149.59

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 Dec. 2023 was R$0.204. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.15 for the trailing ten years ended in Dec. 2023.

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

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
=22.23/0.15
=148.20

* 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 Dec. 2023 is calculated as:

For example, Etsy's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.204/129.4194*129.4194
=0.204

Current CPI (Dec. 2023) = 129.4194.

Etsy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.001 99.695 -0.001
201406 -0.005 100.560 -0.006
201409 -0.010 100.428 -0.013
201412 -0.009 99.070 -0.012
201503 -0.069 99.621 -0.090
201506 -0.015 100.684 -0.019
201509 -0.016 100.392 -0.021
201512 -0.010 99.792 -0.013
201603 0.002 100.470 0.003
201606 -0.014 101.688 -0.018
201609 -0.004 101.861 -0.005
201612 -0.043 101.863 -0.055
201703 -0.001 102.862 -0.001
201706 0.022 103.349 0.028
201709 0.044 104.136 0.055
201712 0.079 104.011 0.098
201803 0.022 105.290 0.027
201806 0.008 106.317 0.010
201809 0.041 106.507 0.050
201812 0.083 105.998 0.101
201903 0.062 107.251 0.075
201906 0.036 108.070 0.043
201909 0.033 108.329 0.039
201912 0.069 108.420 0.082
202003 0.033 108.902 0.039
202006 0.261 108.767 0.311
202009 0.253 109.815 0.298
202012 0.372 109.897 0.438
202103 0.378 111.754 0.438
202106 0.229 114.631 0.259
202109 0.219 115.734 0.245
202112 0.421 117.630 0.463
202203 0.200 121.301 0.213
202206 0.172 125.017 0.178
202209 -2.677 125.227 -2.767
202212 0.271 125.222 0.280
202303 0.185 127.348 0.188
202306 0.146 128.729 0.147
202309 0.212 129.860 0.211
202312 0.204 129.419 0.204

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  (BSP:E2TS34) 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 (BSP:E2TS34) 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 (BSP:E2TS34) Headlines

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