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Etsy (MEX:ETSY) Shiller PE Ratio : 91.21 (As of Jan. 18, 2025)


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What is Etsy Shiller PE Ratio?

As of today (2025-01-18), Etsy's current share price is MXN1110.00. Etsy's E10 for the quarter that ended in Sep. 2024 was MXN12.17. Etsy's Shiller PE Ratio for today is 91.21.

The historical rank and industry rank for Etsy's Shiller PE Ratio or its related term are showing as below:

MEX:ETSY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 78.45   Med: 131.85   Max: 284.66
Current: 85.91

During the past years, Etsy's highest Shiller PE Ratio was 284.66. The lowest was 78.45. And the median was 131.85.

MEX:ETSY's Shiller PE Ratio is ranked worse than
90.43% of 533 companies
in the Retail - Cyclical industry
Industry Median: 17.38 vs MEX:ETSY: 85.91

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.

Etsy's adjusted earnings per share data for the three months ended in Sep. 2024 was MXN8.861. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN12.17 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etsy Shiller PE Ratio Historical Data

The historical data trend for Etsy's Shiller PE 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.

Etsy Shiller PE Ratio Chart

Etsy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 177.38

Etsy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE 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 158.90 177.38 133.72 104.87 89.81

Competitive Comparison of Etsy's Shiller PE Ratio

For the Internet Retail subindustry, Etsy's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Etsy's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Etsy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Etsy's Shiller PE Ratio falls into.



Etsy Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Etsy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1110.00/12.17
=91.21

* 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.

Etsy's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Etsy's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.861/133.0289*133.0289
=8.861

Current CPI (Sep. 2024) = 133.0289.

Etsy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.712 99.070 -0.956
201503 -5.027 99.621 -6.713
201506 -1.098 100.684 -1.451
201509 -1.014 100.392 -1.344
201512 -0.688 99.792 -0.917
201603 0.172 100.470 0.228
201606 -1.110 101.688 -1.452
201609 -0.387 101.861 -0.505
201612 -3.917 101.863 -5.115
201703 -0.069 102.862 -0.089
201706 1.808 103.349 2.327
201709 3.811 104.136 4.868
201712 7.070 104.011 9.042
201803 1.817 105.290 2.296
201806 0.589 106.317 0.737
201809 2.806 106.507 3.505
201812 6.283 105.998 7.885
201903 4.656 107.251 5.775
201906 2.689 108.070 3.310
201909 2.369 108.329 2.909
201912 4.715 108.420 5.785
202003 2.345 108.902 2.865
202006 17.312 108.767 21.174
202009 15.464 109.815 18.733
202012 21.483 109.897 26.005
202103 20.441 111.754 24.332
202106 13.536 114.631 15.708
202109 12.748 115.734 14.653
202112 22.771 117.630 25.752
202203 11.947 121.301 13.102
202206 10.260 125.017 10.918
202209 -153.276 125.227 -162.826
202212 15.012 125.222 15.948
202303 9.553 127.348 9.979
202306 7.715 128.729 7.973
202309 11.148 129.860 11.420
202312 10.524 129.419 10.818
202403 7.966 131.776 8.042
202406 7.511 132.554 7.538
202409 8.861 133.029 8.861

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Etsy  (MEX:ETSY) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Etsy Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Etsy's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Etsy Business Description

Address
117 Adams Street, Brooklyn, NY, USA, 11201
Etsy operates a top-10 e-commerce marketplace operator in the us and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.2 billion in 2023 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2023, the firm connected more than 96 million buyers and 9 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).