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Booking Holdings (FRA:PCE1) Shiller PE Ratio : 51.56 (As of Apr. 27, 2024)


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What is Booking Holdings Shiller PE Ratio?

As of today (2024-04-27), Booking Holdings's current share price is €3263.00. Booking Holdings's E10 for the quarter that ended in Dec. 2023 was €63.29. Booking Holdings's Shiller PE Ratio for today is 51.56.

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

FRA:PCE1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.47   Med: 50.82   Max: 111.04
Current: 50.11

During the past years, Booking Holdings's highest Shiller PE Ratio was 111.04. The lowest was 23.47. And the median was 50.82.

FRA:PCE1's Shiller PE Ratio is ranked worse than
72.73% of 396 companies
in the Travel & Leisure industry
Industry Median: 26.85 vs FRA:PCE1: 50.11

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.

Booking Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was €5.759. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €63.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Booking Holdings Shiller PE Ratio Historical Data

The historical data trend for Booking Holdings'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.

Booking Holdings Shiller PE Ratio Chart

Booking Holdings 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 40.94 44.77 44.83 32.96 50.48

Booking Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.96 42.60 41.33 43.55 50.48

Competitive Comparison of Booking Holdings's Shiller PE Ratio

For the Travel Services subindustry, Booking Holdings'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.


Booking Holdings's Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

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



Booking Holdings 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.

Booking Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3263.00/63.29
=51.56

* 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.

Booking Holdings's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Booking Holdings'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)
=5.759/129.4194*129.4194
=5.759

Current CPI (Dec. 2023) = 129.4194.

Booking Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.519 99.695 5.866
201406 8.015 100.560 10.315
201409 15.543 100.428 20.030
201412 6.926 99.070 9.048
201503 5.877 99.621 7.635
201506 8.857 100.684 11.385
201509 20.858 100.392 26.889
201512 9.180 99.792 11.905
201603 6.708 100.470 8.641
201606 10.324 101.688 13.139
201609 9.026 101.861 11.468
201612 12.770 101.863 16.225
201703 8.518 102.862 10.717
201706 12.807 103.349 16.038
201709 28.887 104.136 35.901
201712 -9.641 104.011 -11.996
201803 10.008 105.290 12.302
201806 17.231 106.317 20.975
201809 31.726 106.507 38.551
201812 12.183 105.998 14.875
201903 14.912 107.251 17.994
201906 19.859 108.070 23.782
201909 41.350 108.329 49.400
201912 24.975 108.420 29.812
202003 -15.394 108.902 -18.294
202006 2.637 108.767 3.138
202009 16.547 109.815 19.501
202012 -3.304 109.897 -3.891
202103 -1.126 111.754 -1.304
202106 -3.386 114.631 -3.823
202109 15.810 115.734 17.679
202112 13.222 117.630 14.547
202203 -15.527 121.301 -16.566
202206 19.932 125.017 20.634
202209 42.400 125.227 43.820
202212 30.132 125.222 31.142
202303 6.538 127.348 6.644
202306 32.203 128.729 32.376
202309 65.403 129.860 65.181
202312 5.759 129.419 5.759

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.


Booking Holdings  (FRA:PCE1) 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.


Booking Holdings Shiller PE Ratio Related Terms

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


Booking Holdings (FRA:PCE1) Business Description

Address
800 Connecticut Avenue, Norwalk, CT, USA, 06854
Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates a number of branded travel booking sites, including Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.

Booking Holdings (FRA:PCE1) Headlines

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