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PayPal Holdings (MIC:PYPL-RM) Cyclically Adjusted PS Ratio : (As of Jul. 23, 2025)


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What is PayPal Holdings 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


PayPal Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PayPal Holdings'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.

PayPal Holdings Cyclically Adjusted PS Ratio Chart

PayPal Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.53 4.25

PayPal Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.67 3.07 4.00 4.25 3.12

Competitive Comparison of PayPal Holdings's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, PayPal Holdings'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.


PayPal Holdings's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PayPal Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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PayPal Holdings 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.

PayPal Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, PayPal Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=644.335/134.9266*134.9266
=644.335

Current CPI (Mar. 2025) = 134.9266.

PayPal Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 104.778 100.684 140.413
201509 120.924 100.392 162.522
201512 151.559 99.792 204.919
201603 140.553 100.470 188.755
201606 139.185 101.688 184.680
201609 138.579 101.861 183.564
201612 147.683 101.863 195.620
201703 136.968 102.862 179.664
201706 153.367 103.349 200.227
201709 153.316 104.136 198.649
201712 175.234 104.011 227.319
201803 173.362 105.290 222.160
201806 201.623 106.317 255.880
201809 201.309 106.507 255.026
201812 246.061 105.998 313.215
201903 225.541 107.251 283.742
201906 228.696 108.070 285.531
201909 232.378 108.329 289.432
201912 258.787 108.420 322.055
202003 310.163 108.902 384.285
202006 310.919 108.767 385.697
202009 362.244 109.815 445.079
202012 383.006 109.897 470.238
202103 384.814 111.754 464.605
202106 386.609 114.631 455.057
202109 380.565 115.734 443.674
202112 432.360 117.630 495.937
202203 580.668 121.301 645.894
202206 370.251 125.017 399.600
202209 356.779 125.227 384.415
202212 395.310 125.222 425.947
202303 467.107 127.348 494.906
202306 530.885 128.729 556.446
202309 651.440 129.860 676.859
202312 668.685 129.419 697.140
202403 657.151 131.776 672.862
202406 680.806 132.554 692.993
202409 694.467 133.029 704.374
202412 889.516 133.157 901.337
202503 644.335 134.927 644.335

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.


PayPal Holdings  (MIC:PYPL-RM) 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.


PayPal Holdings Cyclically Adjusted PS Ratio Related Terms

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PayPal Holdings Business Description

Address
2211 North First Street, San Jose, CA, USA, 95131
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.

PayPal Holdings Headlines

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