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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt 3.55
PCLN's Cash to Debt is ranked higher than
78% of the 789 Companies
in the Global Leisure industry.

( Industry Median: 0.84 vs. PCLN: 3.55 )
PCLN' s 10-Year Cash to Debt Range
Min: 0.69   Max: No Debt
Current: 3.55

Equity to Asset 0.66
PCLN's Equity to Asset is ranked higher than
80% of the 774 Companies
in the Global Leisure industry.

( Industry Median: 0.54 vs. PCLN: 0.66 )
PCLN' s 10-Year Equity to Asset Range
Min: -1.28   Max: 0.91
Current: 0.66

-1.28
0.91
Interest Coverage 28.96
PCLN's Interest Coverage is ranked higher than
76% of the 540 Companies
in the Global Leisure industry.

( Industry Median: 13.65 vs. PCLN: 28.96 )
PCLN' s 10-Year Interest Coverage Range
Min: 7.07   Max: 9999.99
Current: 28.96

7.07
9999.99
F-Score: 5
Z-Score: 12.85
M-Score: -1.79
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 35.51
PCLN's Operating margin (%) is ranked higher than
96% of the 787 Companies
in the Global Leisure industry.

( Industry Median: 8.95 vs. PCLN: 35.51 )
PCLN' s 10-Year Operating margin (%) Range
Min: -155.68   Max: 35.51
Current: 35.51

-155.68
35.51
Net-margin (%) 27.86
PCLN's Net-margin (%) is ranked higher than
95% of the 787 Companies
in the Global Leisure industry.

( Industry Median: 5.83 vs. PCLN: 27.86 )
PCLN' s 10-Year Net-margin (%) Range
Min: -318.75   Max: 27.86
Current: 27.86

-318.75
27.86
ROE (%) 27.39
PCLN's ROE (%) is ranked higher than
95% of the 750 Companies
in the Global Leisure industry.

( Industry Median: 6.81 vs. PCLN: 27.39 )
PCLN' s 10-Year ROE (%) Range
Min: -262.07   Max: 52.22
Current: 27.39

-262.07
52.22
ROA (%) 18.12
PCLN's ROA (%) is ranked higher than
96% of the 790 Companies
in the Global Leisure industry.

( Industry Median: 3.40 vs. PCLN: 18.12 )
PCLN' s 10-Year ROA (%) Range
Min: -238.76   Max: 26.69
Current: 18.12

-238.76
26.69
ROC (Joel Greenblatt) (%) 1786.27
PCLN's ROC (Joel Greenblatt) (%) is ranked higher than
99% of the 790 Companies
in the Global Leisure industry.

( Industry Median: 13.51 vs. PCLN: 1786.27 )
PCLN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -928.81   Max: 2174.87
Current: 1786.27

-928.81
2174.87
Revenue Growth (%) 28.90
PCLN's Revenue Growth (%) is ranked higher than
95% of the 600 Companies
in the Global Leisure industry.

( Industry Median: 5.50 vs. PCLN: 28.90 )
PCLN' s 10-Year Revenue Growth (%) Range
Min: -92.3   Max: 978.8
Current: 28.9

-92.3
978.8
EBITDA Growth (%) 43.30
PCLN's EBITDA Growth (%) is ranked higher than
94% of the 497 Companies
in the Global Leisure industry.

( Industry Median: 7.40 vs. PCLN: 43.30 )
PCLN' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 147.3
Current: 43.3

0
147.3
EPS Growth (%) 51.70
PCLN's EPS Growth (%) is ranked higher than
91% of the 417 Companies
in the Global Leisure industry.

( Industry Median: 8.20 vs. PCLN: 51.70 )
PCLN' s 10-Year EPS Growth (%) Range
Min: -77.1   Max: 82.7
Current: 51.7

-77.1
82.7
» PCLN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

PCLN Guru Trades in Q1 2013

Pioneer Investments 4,232 sh (New)
Louis Moore Bacon 22,500 sh (+55.17%)
Eric Mindich 245,000 sh (+40%)
David Rolfe 134,445 sh (+28.37%)
Frank Sands 1,487,535 sh (+27.16%)
Lee Ainslie 380,011 sh (+22.74%)
Steven Cohen 218,983 sh (+20.41%)
John Burbank Sold Out
Steve Mandel 1,770,208 sh (-0.04%)
Alan Fournier 298,800 sh (-0.76%)
Julian Robertson 28,600 sh (-4.67%)
Mario Gabelli 1,745 sh (-7.43%)
Ron Baron 119,112 sh (-12.25%)
Jim Simons 318,499 sh (-19.1%)
John Griffin 447,000 sh (-19.31%)
Chase Coleman 380,000 sh (-24.9%)
Joel Greenblatt 2,224 sh (-27.63%)
Ken Fisher 757 sh (-38.46%)
Jeremy Grantham 407 sh (-97.46%)
» More
Q2 2013

PCLN Guru Trades in Q2 2013

Andreas Halvorsen 214,078 sh (New)
Pioneer Investments 10,692 sh (+152.65%)
Mario Gabelli 2,255 sh (+29.23%)
Chase Coleman 474,000 sh (+24.74%)
Alan Fournier 329,800 sh (+10.37%)
David Rolfe 148,124 sh (+10.17%)
Frank Sands 1,494,181 sh (+0.45%)
Steve Mandel 1,718,406 sh (-2.93%)
Ron Baron 113,038 sh (-5.1%)
John Griffin 404,000 sh (-9.62%)
Lee Ainslie 342,676 sh (-9.82%)
Jeremy Grantham 365 sh (-10.32%)
Julian Robertson 24,400 sh (-14.69%)
Ken Fisher 644 sh (-14.93%)
Eric Mindich 207,500 sh (-15.31%)
Louis Moore Bacon 17,800 sh (-20.89%)
Joel Greenblatt 1,104 sh (-50.36%)
Jim Simons 96,000 sh (-69.86%)
Steven Cohen 2,742 sh (-98.75%)
» More
Q3 2013

PCLN Guru Trades in Q3 2013

George Soros 35,350 sh (New)
John Burbank 700 sh (New)
Ray Dalio 400 sh (New)
Ken Heebner 28,600 sh (New)
RS Investment Management 5,178 sh (New)
Chris Davis 388,271 sh (New)
Steven Cohen 42,498 sh (+1449.89%)
Jeremy Grantham 787 sh (+115.62%)
Mario Gabelli 3,545 sh (+57.21%)
Chase Coleman 571,000 sh (+20.46%)
Frank Sands 1,641,752 sh (+9.88%)
David Rolfe 153,022 sh (+3.31%)
John Griffin 404,000 sh (unchged)
Jim Simons Sold Out
Eric Mindich Sold Out
Andreas Halvorsen Sold Out
Ron Baron 112,818 sh (-0.19%)
Alan Fournier 320,739 sh (-2.75%)
Pioneer Investments 10,397 sh (-2.76%)
Lee Ainslie 276,726 sh (-19.25%)
Joel Greenblatt 822 sh (-25.54%)
Julian Robertson 17,200 sh (-29.51%)
Louis Moore Bacon 12,015 sh (-32.5%)
Ken Fisher 429 sh (-33.39%)
Steve Mandel 969,568 sh (-43.58%)
» More
Q4 2013

PCLN Guru Trades in Q4 2013

Paul Tudor Jones 398 sh (New)
Jim Simons 35,599 sh (New)
Caxton Associates 1,496 sh (New)
John Burbank 22,184 sh (+3069.14%)
Jeremy Grantham 4,982 sh (+533.04%)
Ray Dalio 1,200 sh (+200%)
Joel Greenblatt 1,551 sh (+88.69%)
Chase Coleman 708,000 sh (+23.99%)
Louis Moore Bacon 13,975 sh (+16.31%)
RS Investment Management 5,327 sh (+2.88%)
Julian Robertson Sold Out
Ron Baron 111,838 sh (-0.87%)
Frank Sands 1,615,095 sh (-1.62%)
Ken Fisher 422 sh (-1.63%)
Chris Davis 379,836 sh (-2.17%)
Pioneer Investments 9,777 sh (-5.96%)
Ken Heebner 26,600 sh (-6.99%)
Alan Fournier 293,839 sh (-8.39%)
Steve Mandel 884,756 sh (-8.75%)
David Rolfe 122,374 sh (-20.03%)
Mario Gabelli 2,806 sh (-20.85%)
John Griffin 301,000 sh (-25.5%)
Lee Ainslie 129,748 sh (-53.11%)
George Soros 16,000 sh (-54.74%)
Steven Cohen 9,873 sh (-76.77%)
» More
» Details

Insider Trades

Latest Guru Trades with PCLN

» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Priceline Group Inc

Baron Funds Comments on Priceline.com - Nov 06, 2013

priceline.com, Inc. (PCLN) is the leading online travel agency, operating several e- commerce websites, including booking.com, priceline.com, rentalcars.com, and agoda.com. We believe the company continues to have a large opportunity to benefit from the ongoing shift of travel-related booking transactions onto the Internet. We believe the company also has a significant runway to expand its business in the fast-growing Asian travel market. Its shares advanced after reporting good quarterly results and encouraging forward earnings guidance. While the scope of priceline's marketing expenditures incr eased, these were more than of fset by revenue growth.

From Ron Baron's Baron Funds third quarter 2013 report.
Check out Ron Baron latest stock trades

Baron Funds Comments on Priceline.com Inc. - Aug 02, 2013

priceline.com, Inc. (PCLN) is the leading online travel agency, operating websites across the world, including booking.com, priceline.com and agoda.com.The company's shares rose after reporting good results that highlighted its many opportunities to expand in fast-growing overseas markets, where the offline-to-online shift in hotel bookings continued. In addition, investors became less concerned that competition with other players in the online travel sector would lead to higher marketing costs and reduced profit margins. Finally, the company has had early success growing its booking.com business outside of its existing core European markets.

From the Baron Funds’ second quarter 2013 commentary.


Check out Ron Baron latest stock trades

Baron Funds Comments on Priceline.com Inc. - Dec 06, 2012

priceline.com, Inc. (PCLN) is a leading online travel agency that operates several online sites, including booking.com, priceline.com, rentalcars.com and agoda.com. Its shares fell after it reported a weak global outlook for its upcoming quarter, especially in Europe, which accounts for a majority of its cash flow. Despite the near-term macroeconomic headwinds, we remain positive on the company's longer-term outlook. Priceline's penetration of the European market for hotel rooms is still below 15%, representing, we believe, significant runway for the company to grow in that market. Further, the company's penetration in the fast-growing Asian travel market is also quite low, leaving additional room for growth.

From Baron Funds’ third quarter commentary.


Check out Ron Baron latest stock trades

Baron Funds Comments on priceline.com - May 24, 2012

From Baron Funds first quarter letter: priceline.com, Inc. (PCLN) is a leading online travel agency that operates several online sites including Booking.com, priceline.com, RentalCars.com, and Agoda.com. Shares of priceline.com were up 53.4% in the quarter following the release of strong fourth-quarter results. We believe priceline.com is a well-managed company that still has a large global opportunity in online travel. Its penetration of the European market is still well below 10%, giving it an opportunity to significantly expand its booking.com brand. (Ashim Mehra)
Check out Ron Baron latest stock trades

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Baron Funds Comments on Priceline.com
priceline.com, Inc. (PCLN) is the leading online travel agency, operating several e- commerce websites, including booking.com, priceline.com, rentalcars.com, and agoda.com. We believe the company continues to have a large opportunity to benefit from the ongoing shift of travel-related booking transactions onto the Internet. We believe the company also has a significant runway to expand its business in the fast-growing Asian travel market. Its shares advanced after reporting good quarterly results and encouraging forward earnings guidance. While the scope of priceline's marketing expenditures incr eased, these were more than of fset by revenue growth. Read more...
Baron Funds Comments on Priceline.com Inc.
priceline.com, Inc. (PCLN) is the leading online travel agency, operating websites across the world, including booking.com, priceline.com and agoda.com.The company's shares rose after reporting good results that highlighted its many opportunities to expand in fast-growing overseas markets, where the offline-to-online shift in hotel bookings continued. In addition, investors became less concerned that competition with other players in the online travel sector would lead to higher marketing costs and reduced profit margins. Finally, the company has had early success growing its booking.com business outside of its existing core European markets. Read more...
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Ratios

vs
industry
vs
history
P/E(ttm) 33.60
PCLN's P/E(ttm) is ranked higher than
50% of the 594 Companies
in the Global Leisure industry.

( Industry Median: 21.30 vs. PCLN: 33.60 )
PCLN' s 10-Year P/E(ttm) Range
Min: 4.44   Max: 52.31
Current: 33.6

4.44
52.31
P/B 8.90
PCLN's P/B is ranked lower than
72% of the 726 Companies
in the Global Leisure industry.

( Industry Median: 1.72 vs. PCLN: 8.90 )
PCLN' s 10-Year P/B Range
Min: 1.94   Max: 15.75
Current: 8.9

1.94
15.75
P/S 9.30
PCLN's P/S is ranked lower than
88% of the 818 Companies
in the Global Leisure industry.

( Industry Median: 1.53 vs. PCLN: 9.30 )
PCLN' s 10-Year P/S Range
Min: 0.76   Max: 10.49
Current: 9.3

0.76
10.49
PFCF 28.60
PCLN's PFCF is ranked lower than
51% of the 471 Companies
in the Global Leisure industry.

( Industry Median: 17.62 vs. PCLN: 28.60 )
PCLN' s 10-Year PFCF Range
Min: 9.05   Max: 129.79
Current: 28.6

9.05
129.79
EV-to-EBIT 24.40
PCLN's EV-to-EBIT is ranked higher than
50% of the 662 Companies
in the Global Leisure industry.

( Industry Median: 18.50 vs. PCLN: 24.40 )
PCLN' s 10-Year EV-to-EBIT Range
Min: 8.9   Max: 77.3
Current: 24.4

8.9
77.3
PEG 0.70
PCLN's PEG is ranked higher than
81% of the 327 Companies
in the Global Leisure industry.

( Industry Median: 1.80 vs. PCLN: 0.70 )
PCLN' s 10-Year PEG Range
Min: 0.21   Max: 0.76
Current: 0.7

0.21
0.76
Shiller P/E 65.10
PCLN's Shiller P/E is ranked lower than
56% of the 359 Companies
in the Global Leisure industry.

( Industry Median: 24.79 vs. PCLN: 65.10 )
PCLN' s 10-Year Shiller P/E Range
Min: 22.01   Max: 226.83
Current: 65.1

22.01
226.83

Valuation & Return

vs
industry
vs
history
Price/Net Cash 19.50
PCLN's Price/Net Cash is ranked lower than
57% of the 98 Companies
in the Global Leisure industry.

( Industry Median: 12.60 vs. PCLN: 19.50 )
PCLN' s 10-Year Price/Net Cash Range
Min: 6.96   Max: 58.49
Current: 19.5

6.96
58.49
Price/Net Current Asset Value 17.40
PCLN's Price/Net Current Asset Value is ranked lower than
60% of the 169 Companies
in the Global Leisure industry.

( Industry Median: 11.40 vs. PCLN: 17.40 )
PCLN' s 10-Year Price/Net Current Asset Value Range
Min: 5.78   Max: 52.06
Current: 17.4

5.78
52.06
Price/Tangible Book 15.20
PCLN's Price/Tangible Book is ranked lower than
81% of the 630 Companies
in the Global Leisure industry.

( Industry Median: 2.00 vs. PCLN: 15.20 )
PCLN' s 10-Year Price/Tangible Book Range
Min: 2.97   Max: 42.11
Current: 15.2

2.97
42.11
Price/DCF (Projected) 2.90
PCLN's Price/DCF (Projected) is ranked lower than
57% of the 394 Companies
in the Global Leisure industry.

( Industry Median: 1.30 vs. PCLN: 2.90 )
PCLN' s 10-Year Price/DCF (Projected) Range
Min: 2.16   Max: 62.08
Current: 2.9

2.16
62.08
Price/Median PS Value 3.10
PCLN's Price/Median PS Value is ranked lower than
77% of the 734 Companies
in the Global Leisure industry.

( Industry Median: 1.10 vs. PCLN: 3.10 )
PCLN' s 10-Year Price/Median PS Value Range
Min: 0.06   Max: 4.19
Current: 3.1

0.06
4.19
Price/Peter Lynch Fair Value 1.30
PCLN's Price/Peter Lynch Fair Value is ranked higher than
60% of the 178 Companies
in the Global Leisure industry.

( Industry Median: 1.20 vs. PCLN: 1.30 )
PCLN' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.79   Max: 1.54
Current: 1.3

0.79
1.54
Price/Graham Number 4.70
PCLN's Price/Graham Number is ranked lower than
75% of the 518 Companies
in the Global Leisure industry.

( Industry Median: 1.40 vs. PCLN: 4.70 )
PCLN' s 10-Year Price/Graham Number Range
Min: 2.92   Max: 7.09
Current: 4.7

2.92
7.09
Earnings Yield (Greenblatt) 4.10
PCLN's Earnings Yield (Greenblatt) is ranked higher than
57% of the 687 Companies
in the Global Leisure industry.

( Industry Median: 5.40 vs. PCLN: 4.10 )
PCLN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.3   Max: 11.2
Current: 4.1

1.3
11.2
Forward Rate of Return (Yacktman) 52.01
PCLN's Forward Rate of Return (Yacktman) is ranked higher than
97% of the 526 Companies
in the Global Leisure industry.

( Industry Median: 3.89 vs. PCLN: 52.01 )
PCLN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -6.9   Max: 69.6
Current: 52.01

-6.9
69.6

Business Description

Industry: Travel & Leisure » Leisure
Compare:SIX, CCL, RCL, FUN, SWGAY » details
Traded in other countries:PCE1.Germany
Priceline.com, Inc. was formed as a Delaware limited liability company in 1997 and was converted into a Delaware corporation in July 1998. It is an online travel company that offers its customers a range of travel services, including hotel rooms, car rentals, airline tickets, vacation packages, cruises and destination services. The Company also operates a retail, price-disclosed hotel reservation service in the United States, which enables its customers to select the exact hotel they want to book and the price of the reservation is disclosed prior to booking. It offers such reservations through a merchant model, as well as through an agency model for hotel room night reservations sourced through the Booking.com extranet, the internet hotel reservation service, with offices worldwide and priceline.com Mauritius Company Limited formerly known as the Agoda Company, Ltd., an internet hotel reservation service with operations primarily in Asia. Booking.com works with over 185,000 hotels and accommodations in over 160 countries offering hotel reservations on various websites and in 41 languages. In May 2010, it acquired the rentalcars.com business, a United Kingdom-based international rental car reservation service formerly known as TravelJigsaw. Rentalcars.com offers its car hire services in more than 4,000 locations throughout the world, with customer support provided in 38 languages. The Company competes with both online and traditional sellers of the services it offers. The market for the services it offers is intensely competitive, and current and new competitors can launch new sites at a relatively low cost. The services it provides are subject to various federal, state and local regulations.

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