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Amazon.com (WBO:AMZN) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is Amazon.com 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


Amazon.com Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amazon.com'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.

Amazon.com Cyclically Adjusted PS Ratio Chart

Amazon.com 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 6.85 9.57 7.50 3.01 4.57

Amazon.com 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 3.52 4.24 3.96 4.57 -

Competitive Comparison of Amazon.com's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Amazon.com'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.


Amazon.com's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Amazon.com 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.

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

For example, Amazon.com'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)
=12.698/129.4194*129.4194
=12.698

Current CPI (Mar. 2024) = 129.4194.

Amazon.com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.544 100.560 1.987
201409 1.725 100.428 2.223
201412 2.558 99.070 3.342
201503 2.257 99.621 2.932
201506 2.170 100.684 2.789
201509 2.363 100.392 3.046
201512 3.418 99.792 4.433
201603 2.719 100.470 3.502
201606 2.801 101.688 3.565
201609 3.005 101.861 3.818
201612 4.257 101.863 5.409
201703 3.407 102.862 4.287
201706 3.433 103.349 4.299
201709 3.715 104.136 4.617
201712 5.149 104.011 6.407
201803 4.156 105.290 5.108
201806 4.527 106.317 5.511
201809 4.839 106.507 5.880
201812 6.362 105.998 7.768
201903 5.262 107.251 6.350
201906 5.578 108.070 6.680
201909 6.304 108.329 7.531
201912 7.761 108.420 9.264
202003 6.747 108.902 8.018
202006 7.756 108.767 9.229
202009 7.971 109.815 9.394
202012 10.059 109.897 11.846
202103 8.885 111.754 10.289
202106 9.125 114.631 10.302
202109 9.137 115.734 10.217
202112 11.780 117.630 12.961
202203 10.395 121.301 11.091
202206 11.271 125.017 11.668
202209 12.426 125.227 12.842
202212 13.779 125.222 14.241
202303 11.496 127.348 11.683
202306 11.871 128.729 11.935
202309 12.698 129.860 12.655
202312 14.687 129.419 14.687
202403 12.698 129.419 12.698

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.


Amazon.com  (WBO:AMZN) 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.


Amazon.com Cyclically Adjusted PS Ratio Related Terms

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


Amazon.com (WBO:AMZN) Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.