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Meta Platforms (FRA:FB2A) Cyclically Adjusted PS Ratio : 15.47 (As of Apr. 29, 2024)


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What is Meta Platforms Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Meta Platforms's current share price is €414.00. Meta Platforms's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €26.77. Meta Platforms's Cyclically Adjusted PS Ratio for today is 15.47.

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

FRA:FB2A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.36   Med: 12.89   Max: 26.48
Current: 15.44

During the past years, Meta Platforms's highest Cyclically Adjusted PS Ratio was 26.48. The lowest was 4.36. And the median was 12.89.

FRA:FB2A's Cyclically Adjusted PS Ratio is ranked worse than
96.93% of 293 companies
in the Interactive Media industry
Industry Median: 1.5 vs FRA:FB2A: 15.44

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.

Meta Platforms's adjusted revenue per share data for the three months ended in Mar. 2024 was €12.777. 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 €26.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted PS Ratio Chart

Meta Platforms 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 - 22.92 20.02 5.48 12.90

Meta Platforms 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 9.07 11.60 11.48 12.90 16.91

Competitive Comparison of Meta Platforms's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Meta Platforms 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.

Meta Platforms's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=414.00/26.77
=15.47

* 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.

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

For example, Meta Platforms'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)
=12.777/129.4194*129.4194
=12.777

Current CPI (Mar. 2024) = 129.4194.

Meta Platforms Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.819 100.560 1.054
201409 0.940 100.428 1.211
201412 1.112 99.070 1.453
201503 1.154 99.621 1.499
201506 1.264 100.684 1.625
201509 1.401 100.392 1.806
201512 1.870 99.792 2.425
201603 1.664 100.470 2.143
201606 1.961 101.688 2.496
201609 2.131 101.861 2.708
201612 2.835 101.863 3.602
201703 2.551 102.862 3.210
201706 2.811 103.349 3.520
201709 2.931 104.136 3.643
201712 3.701 104.011 4.605
201803 3.295 105.290 4.050
201806 3.865 106.317 4.705
201809 4.038 106.507 4.907
201812 5.143 105.998 6.279
201903 4.651 107.251 5.612
201906 5.198 108.070 6.225
201909 5.577 108.329 6.663
201912 6.590 108.420 7.866
202003 5.597 108.902 6.652
202006 5.764 108.767 6.858
202009 6.305 109.815 7.431
202012 7.949 109.897 9.361
202103 7.628 111.754 8.834
202106 8.389 114.631 9.471
202109 8.625 115.734 9.645
202112 10.612 117.630 11.676
202203 9.242 121.301 9.861
202206 10.050 125.017 10.404
202209 10.417 125.227 10.766
202212 11.441 125.222 11.825
202303 10.306 127.348 10.474
202306 11.307 128.729 11.368
202309 12.115 129.860 12.074
202312 13.896 129.419 13.896
202403 12.777 129.419 12.777

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.


Meta Platforms  (FRA:FB2A) 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.


Meta Platforms Cyclically Adjusted PS Ratio Related Terms

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


Meta Platforms (FRA:FB2A) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (FRA:FB2A) Headlines

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