eBay (BUE:EBAY) Cyclically Adjusted PS Ratio: 6.87 (As of Aug. 06, 2026) — 62% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:EBAY eBay Inc BUE:EBAY
70 GF Score
Price ARS87,175.00
GF Value ARS63,834.22
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is eBay Cyclically Adjusted PS Ratio?

eBay BUE:EBAY +0.61% 70 Cyclically Adjusted PS Ratio is 6.87 as of Aug. 06, 2026, which is 62% above its 10-year median of 4.24. GuruFocus rates BUE:EBAY with a GF Score™ of 70/100 and a GF Value™ of ARS63,834.22 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 796 Retail - Cyclical companies, eBay ranks worse than 96.36% on this metric.

As of today (2026-08-06), eBay's current share price is ARS87175.00. eBay's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ARS12,686.16. eBay's Cyclically Adjusted PS Ratio for today is 6.87.

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

BUE:EBAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.94   Med: 4.24   Max: 7.5
Current: 6.44

During the past years, eBay's highest Cyclically Adjusted PS Ratio was 7.50. The lowest was 2.94. And the median was 4.24.

BUE:EBAY's Cyclically Adjusted PS Ratio is ranked worse than
96.36% of 796 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs BUE:EBAY: 6.44

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.

eBay's adjusted revenue per share data for the three months ended in Mar. 2026 was ARS9,451.158. 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 ARS12,686.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


eBay  (BUE:EBAY) 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.


eBay Cyclically Adjusted PS Ratio Related Terms


eBay Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for eBay'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.

eBay Cyclically Adjusted PS Ratio Chart

eBay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 3.42 3.21 4.21 5.27

eBay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.45 4.74 5.62 5.27 5.27

BUE:EBAY vs JD, SE, CPNG: Cyclically Adjusted PS Ratio Comparison

For the Internet Retail subindustry, eBay'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.


eBay Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


BUE:EBAY
70GF Score
eBay Inc BUE:EBAY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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eBay 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87175.00/12686.16
=6.87

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, eBay's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9451.158/330.2130*330.2130
=9,451.158

Current CPI (Mar. 2026) = 330.2130.

eBay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 27.132 241.018 37.173
201609 29.035 241.428 39.713
201612 38.517 241.432 52.681
201703 32.219 243.801 43.639
201706 36.558 244.955 49.282
201709 40.606 246.819 54.326
201712 49.990 246.524 66.960
201803 50.519 249.554 66.847
201806 65.579 251.989 85.936
201809 99.166 252.439 129.718
201812 31.030 251.233 40.785
201903 103.881 254.202 134.943
201906 124.864 256.143 160.971
201909 139.180 256.759 178.997
201912 75.561 256.974 97.096
202003 174.565 258.115 223.325
202006 225.023 257.797 288.233
202009 236.771 260.280 300.388
202012 289.325 260.474 366.789
202103 342.902 264.877 427.484
202106 368.963 271.696 448.429
202109 371.653 274.310 447.394
202112 427.001 278.802 505.740
202203 454.182 287.504 521.651
202206 524.171 296.311 584.143
202209 603.469 296.808 671.388
202212 774.957 296.797 862.208
202303 916.544 301.836 1,002.713
202306 1,135.196 305.109 1,228.599
202309 1,644.502 307.789 1,764.312
202312 1,775.205 306.746 1,911.014
202403 4,149.191 312.332 4,386.732
202406 4,542.852 314.175 4,774.755
202409 4,956.453 315.301 5,190.866
202412 5,392.940 315.605 5,642.556
202503 5,801.485 319.799 5,990.406
202506 6,896.057 322.561 7,059.650
202509 8,200.418 324.800 8,337.083
202512 9,376.176 324.054 9,554.380
202603 9,451.158 330.213 9,451.158

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.

What does a Cyclically Adjusted PS Ratio of 6.87 mean?
eBay (BUE:EBAY) has a Cyclically Adjusted PS Ratio of 6.87 as of Aug. 06, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on eBay and its competitors. This is 62% above median its historical median of 4.24. Over the past decade, eBay's Cyclically Adjusted PS Ratio has ranged from 2.94 to 7.50. According to the industry distribution chart, eBay ranks #767 out of 796 companies in the Retail - Cyclical industry, placing it in the top 96.4%.
Is eBay's Cyclically Adjusted PS Ratio too high?
eBay's current Cyclically Adjusted PS Ratio of 6.87 is 62% above median its 10-year median of 4.24. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 7.50. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. eBay's value of 6.87 is 1302% above this industry median. Based on the distribution chart, eBay ranks #767 out of 796 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, eBay has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does eBay's Cyclically Adjusted PS Ratio compare to JD and SE?
According to the Retail - Cyclical industry distribution chart, eBay ranks #767 out of 796 companies for Cyclically Adjusted PS Ratio. This places eBay in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. eBay's value of 6.87 is 1302% above this benchmark. Historically, eBay's own Cyclically Adjusted PS Ratio has ranged from 2.94 to 7.50 over the past decade. While the company's 10-year median is 4.24 vs. the industry median of 0.49, eBay has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. eBay's current Cyclically Adjusted PS Ratio of 6.87 is 1302% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on eBay and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eBay's current Cyclically Adjusted PS Ratio is 6.87, which is 62% above median its own 10-year median of 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eBay stock overvalued right now?
Based on GuruFocus' analysis, eBay (BUE:EBAY) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS63,834.22, compared to a current price of ARS87,175.00 — trading 36.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.87, which is 62% above median its 10-year median of 4.24 and 1302% above the Retail - Cyclical industry median of 0.49. eBay's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For eBay (BUE:EBAY), the current Cyclically Adjusted PS Ratio is 6.87 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is eBay (BUE:EBAY) Overvalued in 2026?

Based on GuruFocus' analysis, eBay stock appears to be overvalued. The current stock price of ARS87,175.00 is trading 36.6% above its estimated GF Value™ of ARS63,834.22. GuruFocus considers eBay to be Significantly Overvalued.

Key valuation signals for BUE:EBAY:

  • Cyclically Adjusted PS Ratio: 6.87 (62% above median its 10-year median of 4.24)
  • GF Value™: ARS63,834.22 vs. price of ARS87,175.00 (36.6% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 1302% above the Retail - Cyclical median (#767 of 796)

No single metric tells the full story. See the BUE:EBAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eBay Business Description

Address 2025 Hamilton Avenue, San Jose, CA, USA, 95125
Founded in 1995, eBay operates one of the world's largest online marketplaces, connecting buyers and sellers across more than 190 markets. In 2025, the firm generated $11.1 billion in revenue on nearly $80 billion of gross merchandise volume, serving 135 million active buyers and 18 million active sellers (users who closed at least one transaction in the past year). The firm monetizes its marketplace primarily through transaction fees and advertising, with 52% of revenue derived from the US and the remainder from international markets. In a bid to expand its reach among Generation Z and in the recommerce sector, eBay announced the $1.2 billion acquisition of fashion resale app Depop from Etsy in early 2026.
70GF Score

Get the complete analysis for BUE:EBAY

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS87,175.00
Price
ARS63,834.22
GF Value