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eBay (BUE:EBAY) Cyclically Adjusted Price-to-FCF : 16.92 (As of Apr. 27, 2024)


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What is eBay Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), eBay's current share price is ARS28285.50. eBay's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ARS1,671.89. eBay's Cyclically Adjusted Price-to-FCF for today is 16.92.

The historical rank and industry rank for eBay's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BUE:EBAY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.84   Med: 13.66   Max: 26
Current: 15.13

During the past years, eBay's highest Cyclically Adjusted Price-to-FCF was 26.00. The lowest was 9.84. And the median was 13.66.

BUE:EBAY's Cyclically Adjusted Price-to-FCF is ranked worse than
54.48% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs BUE:EBAY: 15.13

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

eBay's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ARS-2.772. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ARS1,671.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


eBay Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for eBay's Cyclically Adjusted Price-to-FCF 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.

eBay Cyclically Adjusted Price-to-FCF Chart

eBay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.54 17.97 21.36 12.24 12.69

eBay Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 12.24 12.63 12.50 12.07 12.69

Competitive Comparison of eBay's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, eBay's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where eBay's Cyclically Adjusted Price-to-FCF falls into.



eBay Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

eBay's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28285.50/1671.89
=16.92

* 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 FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, eBay's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-2.772/129.4194*129.4194
=-2.772

Current CPI (Dec. 2023) = 129.4194.

eBay Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 6.015 99.695 7.808
201406 8.202 100.560 10.556
201409 9.200 100.428 11.856
201412 10.018 99.070 13.087
201503 7.571 99.621 9.836
201506 7.084 100.684 9.106
201509 3.413 100.392 4.400
201512 9.810 99.792 12.722
201603 6.029 100.470 7.766
201606 7.495 101.688 9.539
201609 8.080 101.861 10.266
201612 6.869 101.863 8.727
201703 6.254 102.862 7.869
201706 7.813 103.349 9.784
201709 11.704 104.136 14.546
201712 14.700 104.011 18.291
201803 6.599 105.290 8.111
201806 4.670 106.317 5.685
201809 14.188 106.507 17.240
201812 44.936 105.998 54.865
201903 15.929 107.251 19.222
201906 31.487 108.070 37.707
201909 62.006 108.329 74.078
201912 51.182 108.420 61.095
202003 40.587 108.902 48.234
202006 84.444 108.767 100.478
202009 -1.992 109.815 -2.348
202012 70.405 109.897 82.912
202103 124.656 111.754 144.360
202106 133.867 114.631 151.136
202109 14.266 115.734 15.953
202112 31.049 117.630 34.161
202203 96.946 121.301 103.434
202206 25.321 125.017 26.213
202209 158.981 125.227 164.304
202212 163.945 125.222 169.441
202303 258.896 127.348 263.108
202306 218.101 128.729 219.271
202309 511.111 129.860 509.379
202312 -2.772 129.419 -2.772

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


eBay  (BUE:EBAY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


eBay Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of eBay's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


eBay (BUE:EBAY) Business Description

Industry
Address
2025 Hamilton Avenue, San Jose, CA, USA, 95125
EBay operates one of the largest e-commerce marketplaces in the world, with $74 billion in 2022 gross merchandise volume, or GMV, rendering the firm a top 10 global e-commerce company. eBay generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 132 million buyers and roughly 20 million sellers across almost 190 global markets at the end of 2022. eBay generates just north of 50% of its GMV in international markets, with a large presence in the U.K., Germany, and Australia.

eBay (BUE:EBAY) Headlines

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