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Amazon.com (BUE:AMZN) Cyclically Adjusted Revenue per Share : ARS370.66 (As of Mar. 2025)


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What is Amazon.com Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Amazon.com's adjusted revenue per share for the three months ended in Mar. 2025 was ARS213.547. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS370.66 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Amazon.com's average Cyclically Adjusted Revenue Growth Rate was 16.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 24.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 25.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Amazon.com was 30.10% per year. The lowest was 20.50% per year. And the median was 27.10% per year.

As of today (2025-06-26), Amazon.com's current stock price is ARS1760.00. Amazon.com's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ARS370.66. Amazon.com's Cyclically Adjusted PS Ratio of today is 4.75.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Amazon.com was 11.36. The lowest was 3.09. And the median was 6.39.


Amazon.com Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Amazon.com's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Amazon.com Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.28 31.77 65.97 225.51 323.59

Amazon.com Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share 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 262.12 341.68 320.42 323.59 370.66

Competitive Comparison of Amazon.com's Cyclically Adjusted Revenue per Share

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.


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Amazon.com Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Amazon.com'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)
=213.547/134.9266*134.9266
=213.547

Current CPI (Mar. 2025) = 134.9266.

Amazon.com Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.307 100.684 0.411
201509 0.346 100.392 0.465
201512 0.669 99.792 0.905
201603 0.614 100.470 0.825
201606 0.611 101.688 0.811
201609 0.699 101.861 0.926
201612 0.989 101.863 1.310
201703 0.780 102.862 1.023
201706 0.883 103.349 1.153
201709 1.078 104.136 1.397
201712 1.616 104.011 2.096
201803 1.434 105.290 1.838
201806 1.832 106.317 2.325
201809 2.886 106.507 3.656
201812 3.791 105.998 4.826
201903 3.228 107.251 4.061
201906 3.911 108.070 4.883
201909 5.393 108.329 6.717
201912 7.159 108.420 8.909
202003 6.427 108.902 7.963
202006 8.305 108.767 10.302
202009 9.681 109.815 11.895
202012 13.842 109.897 16.995
202103 13.233 111.754 15.977
202106 14.464 114.631 17.025
202109 14.598 115.734 17.019
202112 18.671 117.630 21.417
202203 17.073 121.301 18.991
202206 19.913 125.017 21.491
202209 23.743 125.227 25.582
202212 33.987 125.222 36.621
202303 33.772 127.348 35.782
202306 42.869 128.729 44.933
202309 65.869 129.860 68.439
202312 80.302 129.419 83.719
202403 157.166 131.776 160.923
202406 171.877 132.554 174.954
202409 195.379 133.029 198.166
202412 244.619 133.157 247.870
202503 213.547 134.927 213.547

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Amazon.com  (BUE:AMZN) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Amazon.com's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1760.00/370.66
=4.75

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Amazon.com was 11.36. The lowest was 3.09. And the median was 6.39.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Amazon.com Cyclically Adjusted Revenue per Share Related Terms

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


Amazon.com Business Description

Industry
Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.