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Meta Platforms (UKEX:FB) Cyclically Adjusted PS Ratio : 16.62 (As of Jun. 06, 2024)


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What is Meta Platforms Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Meta Platforms's current share price is ₴18766.00. Meta Platforms's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₴1,128.87. Meta Platforms's Cyclically Adjusted PS Ratio for today is 16.62.

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

UKEX:FB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.36   Med: 13.15   Max: 26.48
Current: 16.95

During the past years, Meta Platforms's highest Cyclically Adjusted PS Ratio was 26.48. The lowest was 4.36. And the median was 13.15.

UKEX:FB's Cyclically Adjusted PS Ratio is ranked worse than
97.33% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs UKEX:FB: 16.95

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 ₴556.740. 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 ₴1,128.87 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 16.63

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
=18766.00/1128.87
=16.62

* 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)
=556.74/131.7762*131.7762
=556.740

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 44.611 100.560 58.460
201409 48.565 100.428 63.724
201412 54.980 99.070 73.131
201503 50.083 99.621 66.248
201506 56.856 100.684 74.414
201509 63.025 100.392 82.728
201512 81.646 99.792 107.814
201603 74.272 100.470 97.415
201606 88.330 101.688 114.466
201609 95.893 101.861 124.055
201612 119.872 101.863 155.074
201703 109.373 102.862 140.117
201706 126.625 103.349 161.454
201709 140.067 104.136 177.245
201712 175.569 104.011 222.436
201803 162.888 105.290 203.864
201806 181.030 106.317 224.381
201809 188.912 106.507 233.733
201812 234.543 105.998 291.583
201903 210.673 107.251 258.849
201906 235.458 108.070 287.109
201909 246.225 108.329 299.518
201912 293.559 108.420 356.798
202003 247.928 108.902 300.005
202006 260.209 108.767 315.254
202009 297.721 109.815 357.261
202012 387.660 109.897 464.839
202103 364.042 111.754 429.263
202106 405.167 114.631 465.766
202109 406.779 115.734 463.163
202112 480.711 117.630 538.524
202203 408.024 121.301 443.260
202206 425.892 125.017 448.919
202209 413.482 125.227 435.108
202212 485.856 125.222 511.287
202303 442.353 127.348 457.735
202306 491.120 128.729 502.747
202309 518.318 129.860 525.968
202312 607.483 129.419 618.546
202403 556.740 131.776 556.740

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  (UKEX:FB) 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 (UKEX:FB) 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.

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