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Meta Platforms (BSE:FB) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Meta Platforms Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted PS Ratio Chart

Meta Platforms 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 - 22.92 20.02 5.48 12.90

Meta Platforms Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.07 11.60 11.48 12.90 16.91

Competitive Comparison of Meta Platforms's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Meta Platforms 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.

Meta Platforms's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Meta Platforms's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=58.208/129.4194*129.4194
=58.208

Current CPI (Mar. 2024) = 129.4194.

Meta Platforms Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.137 100.560 6.611
201409 5.592 100.428 7.206
201412 6.331 99.070 8.270
201503 5.767 99.621 7.492
201506 6.547 100.684 8.416
201509 7.257 100.392 9.355
201512 9.401 99.792 12.192
201603 8.552 100.470 11.016
201606 10.171 101.688 12.945
201609 11.042 101.861 14.029
201612 13.803 101.863 17.537
201703 12.594 102.862 15.846
201706 14.580 103.349 18.258
201709 16.128 104.136 20.044
201712 20.216 104.011 25.154
201803 18.756 105.290 23.054
201806 20.845 106.317 25.375
201809 21.918 106.507 26.633
201812 27.007 105.998 32.975
201903 24.074 107.251 29.050
201906 26.962 108.070 32.289
201909 28.185 108.329 33.672
201912 33.662 108.420 40.182
202003 28.321 108.902 33.657
202006 29.838 108.767 35.503
202009 34.281 109.815 40.401
202012 44.823 109.897 52.786
202103 41.788 111.754 48.393
202106 46.428 114.631 52.417
202109 46.321 115.734 51.798
202112 53.763 117.630 59.152
202203 44.561 121.301 47.543
202206 46.020 125.017 47.641
202209 44.251 125.227 45.733
202212 51.358 125.222 53.080
202303 45.738 127.348 46.482
202306 51.093 128.729 51.367
202309 54.521 129.860 54.336
202312 64.046 129.419 64.046
202403 58.208 129.419 58.208

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.


Meta Platforms  (BSE:FB) 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.


Meta Platforms Cyclically Adjusted PS Ratio Related Terms

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


Meta Platforms (BSE:FB) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (BSE:FB) Headlines

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