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Expedia Group (FRA:E3X1) E10 : €0.58 (As of Dec. 2023)


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What is Expedia Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Expedia Group's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.844. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Expedia Group's average E10 Growth Rate was 106.50% per year. During the past 3 years, the average E10 Growth Rate was -12.00% per year. During the past 5 years, the average E10 Growth Rate was -36.10% per year. During the past 10 years, the average E10 Growth Rate was 18.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Expedia Group was 141.00% per year. The lowest was -53.90% per year. And the median was 43.30% per year.

As of today (2024-05-02), Expedia Group's current stock price is €126.20. Expedia Group's E10 for the quarter that ended in Dec. 2023 was €0.58. Expedia Group's Shiller PE Ratio of today is 217.59.

During the past 13 years, the highest Shiller PE Ratio of Expedia Group was 1999.75. The lowest was 15.44. And the median was 239.37.


Expedia Group E10 Historical Data

The historical data trend for Expedia Group's E10 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.

Expedia Group E10 Chart

Expedia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 0.76 0.30 0.29 0.58

Expedia Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 0.29 0.30 0.47 0.62 0.58

Competitive Comparison of Expedia Group's E10

For the Travel Services subindustry, Expedia Group'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.


Expedia Group's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Expedia Group's Shiller PE Ratio distribution charts can be found below:

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



Expedia Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Expedia Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.844/129.4194*129.4194
=0.844

Current CPI (Dec. 2023) = 129.4194.

Expedia Group Quarterly Data

per share eps CPI Adj_EPS
201403 -0.080 99.695 -0.104
201406 0.493 100.560 0.634
201409 1.505 100.428 1.939
201412 0.405 99.070 0.529
201503 0.314 99.621 0.408
201506 3.012 100.684 3.872
201509 1.889 100.392 2.435
201512 -0.083 99.792 -0.108
201603 -0.647 100.470 -0.833
201606 0.187 101.688 0.238
201609 1.613 101.861 2.049
201612 0.483 101.863 0.614
201703 -0.533 102.862 -0.671
201706 0.320 103.349 0.401
201709 1.871 104.136 2.325
201712 0.296 104.011 0.368
201803 -0.738 105.290 -0.907
201806 0.009 106.317 0.011
201809 2.940 106.507 3.572
201812 0.097 105.998 0.118
201903 -0.611 107.251 -0.737
201906 1.071 108.070 1.283
201909 2.461 108.329 2.940
201912 0.468 108.420 0.559
202003 -8.362 108.902 -9.937
202006 -4.742 108.767 -5.642
202009 -1.324 109.815 -1.560
202012 -2.376 109.897 -2.798
202103 -3.503 111.754 -4.057
202106 -1.677 114.631 -1.893
202109 1.921 115.734 2.148
202112 1.505 117.630 1.656
202203 -0.708 121.301 -0.755
202206 -1.107 125.017 -1.146
202209 3.010 125.227 3.111
202212 1.048 125.222 1.083
202303 -0.887 127.348 -0.901
202306 2.344 128.729 2.357
202309 2.689 129.860 2.680
202312 0.844 129.419 0.844

Add all the adjusted EPS together and divide 10 will get our e10.


Expedia Group  (FRA:E3X1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

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

Expedia Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=126.20/0.58
=217.59

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Expedia Group was 1999.75. The lowest was 15.44. And the median was 239.37.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Expedia Group E10 Related Terms

Thank you for viewing the detailed overview of Expedia Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Expedia Group (FRA:E3X1) Business Description

Address
1111 Expedia Group Way W, Seattle, WA, USA, 98119
Expedia is the world's second largest online travel agency by bookings, offering services for lodging (76% of total 2022 sales), air tickets (3%), rental cars, cruises, in-destination, and other (14%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.

Expedia Group (FRA:E3X1) Headlines

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