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Etsy (FRA:3E2) Cyclically Adjusted PS Ratio : 5.27 (As of Dec. 14, 2024)


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What is Etsy Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Etsy's current share price is €55.94. Etsy's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €10.61. Etsy's Cyclically Adjusted PS Ratio for today is 5.27.

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

FRA:3E2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.19   Med: 6.47   Max: 10.61
Current: 5.05

During the past years, Etsy's highest Cyclically Adjusted PS Ratio was 10.61. The lowest was 4.19. And the median was 6.47.

FRA:3E2's Cyclically Adjusted PS Ratio is ranked worse than
94.34% of 707 companies
in the Retail - Cyclical industry
Industry Median: 0.54 vs FRA:3E2: 5.05

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.

Etsy's adjusted revenue per share data for the three months ended in Sep. 2024 was €4.565. 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 €10.61 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etsy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Etsy'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.

Etsy Cyclically Adjusted PS Ratio Chart

Etsy 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 - - - - 8.08

Etsy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.66 8.08 6.46 5.30 4.78

Competitive Comparison of Etsy's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Etsy'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.


Etsy's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Etsy 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.94/10.61
=5.27

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.565/133.0289*133.0289
=4.565

Current CPI (Sep. 2024) = 133.0289.

Etsy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.474 99.070 0.636
201503 0.487 99.621 0.650
201506 0.567 100.684 0.749
201509 0.526 100.392 0.697
201512 0.721 99.792 0.961
201603 0.637 100.470 0.843
201606 0.672 101.688 0.879
201609 0.686 101.861 0.896
201612 0.906 101.863 1.183
201703 0.783 102.862 1.013
201706 0.750 103.349 0.965
201709 0.724 104.136 0.925
201712 0.921 104.011 1.178
201803 0.780 105.290 0.985
201806 0.903 106.317 1.130
201809 0.998 106.507 1.247
201812 1.365 105.998 1.713
201903 1.151 107.251 1.428
201906 1.225 108.070 1.508
201909 1.424 108.329 1.749
201912 1.968 108.420 2.415
202003 1.676 108.902 2.047
202006 2.833 108.767 3.465
202009 2.786 109.815 3.375
202012 3.560 109.897 4.309
202103 3.196 111.754 3.804
202106 3.030 114.631 3.516
202109 3.070 115.734 3.529
202112 4.256 117.630 4.813
202203 3.586 121.301 3.933
202206 3.800 125.017 4.044
202209 4.752 125.227 5.048
202212 6.040 125.222 6.417
202303 4.187 127.348 4.374
202306 4.116 128.729 4.253
202309 4.293 129.860 4.398
202312 5.620 129.419 5.777
202403 4.391 131.776 4.433
202406 4.521 132.554 4.537
202409 4.565 133.029 4.565

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.


Etsy  (FRA:3E2) 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.


Etsy Cyclically Adjusted PS Ratio Related Terms

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


Etsy Business Description

Address
117 Adams Street, Brooklyn, NY, USA, 11201
Etsy operates a top-10 e-commerce marketplace operator in the us and the UK, 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 $13.2 billion in 2023 consolidated gross merchandise volume, Etsy 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 2023, the firm connected more than 96 million buyers and 9 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).

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