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eBay (BUE:EBAY) Cyclically Adjusted PB Ratio : 5.14 (As of May. 01, 2024)


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What is eBay Cyclically Adjusted PB Ratio?

As of today (2024-05-01), eBay's current share price is ARS28203.50. eBay's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS5,482.26. eBay's Cyclically Adjusted PB Ratio for today is 5.14.

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

BUE:EBAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.91   Max: 6.71
Current: 4.68

During the past years, eBay's highest Cyclically Adjusted PB Ratio was 6.71. The lowest was 1.70. And the median was 2.91.

BUE:EBAY's Cyclically Adjusted PB Ratio is ranked worse than
86.37% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs BUE:EBAY: 4.68

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

eBay's adjusted book value per share data for the three months ended in Dec. 2023 was ARS4,466.066. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS5,482.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


eBay Cyclically Adjusted PB Ratio Historical Data

The historical data trend for eBay's Cyclically Adjusted PB 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.

eBay Cyclically Adjusted PB Ratio Chart

eBay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 4.39 5.45 3.44 3.87

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 PB 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 3.44 3.71 3.79 3.80 3.87

Competitive Comparison of eBay's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, eBay's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


eBay's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where eBay's Cyclically Adjusted PB Ratio falls into.



eBay Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

eBay's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28203.50/5482.26
=5.14

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4466.066/129.4194*129.4194
=4,466.066

Current CPI (Dec. 2023) = 129.4194.

eBay Quarterly Data

Book Value per Share CPI Adj_Book
201403 122.715 99.695 159.304
201406 124.199 100.560 159.843
201409 134.284 100.428 173.049
201412 139.066 99.070 181.668
201503 142.413 99.621 185.011
201506 147.749 100.684 189.917
201509 50.740 100.392 65.411
201512 71.886 99.792 93.228
201603 80.712 100.470 103.968
201606 79.692 101.688 101.425
201609 91.063 101.861 115.700
201612 153.698 101.863 195.278
201703 165.826 102.862 208.639
201706 176.477 103.349 220.994
201709 188.482 104.136 234.245
201712 149.364 104.011 185.851
201803 151.988 105.290 186.820
201806 180.203 106.317 219.361
201809 264.777 106.507 321.738
201812 258.825 105.998 316.015
201903 232.175 107.251 280.166
201906 217.876 108.070 260.919
201909 223.294 108.329 266.766
201912 215.546 108.420 257.294
202003 187.270 108.902 222.553
202006 281.803 108.767 335.310
202009 314.631 109.815 370.800
202012 423.676 109.897 498.940
202103 498.681 111.754 577.507
202106 1,865.364 114.631 2,106.005
202109 1,690.683 115.734 1,890.599
202112 1,662.425 117.630 1,829.048
202203 1,326.449 121.301 1,415.225
202206 1,149.162 125.017 1,189.631
202209 1,239.567 125.227 1,281.071
202212 1,602.784 125.222 1,656.511
202303 1,985.451 127.348 2,017.749
202306 2,372.083 128.729 2,384.811
202309 3,969.914 129.860 3,956.460
202312 4,466.066 129.419 4,466.066

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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  (BUE:EBAY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


eBay Cyclically Adjusted PB Ratio Related Terms

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


eBay (BUE:EBAY) Business Description

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.

eBay (BUE:EBAY) Headlines