Expedia Group (MEX:EXPE) Cyclically Adjusted Book per Share: MXN373.13 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:EXPE Expedia Group Inc MEX:EXPE
79 GF Score
Price MXN5,555.00
GF Value MXN3,960.72
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Expedia Group Cyclically Adjusted Book per Share?

Expedia Group MEX:EXPE 79 Cyclically Adjusted Book per Share is MXN373.13 as of Jun. 2026. GuruFocus rates MEX:EXPE with a GF Score™ of 79/100 and a GF Value™ of MXN3,960.72 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Expedia Group's adjusted book value per share for the three months ended in Jun. 2026 was MXN175.805. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN373.13 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Expedia Group's average Cyclically Adjusted Book Growth Rate was -9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.20% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Expedia Group was 1.20% per year. The lowest was -5.90% per year. And the median was 0.35% per year.

As of today (2026-08-21), Expedia Group's current stock price is MXN5555.00. Expedia Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN373.13. Expedia Group's Cyclically Adjusted PB Ratio of today is 14.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Expedia Group was 15.77. The lowest was 2.06. And the median was 5.59.


Expedia Group  (MEX:EXPE) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Expedia Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5555.00/373.13
=14.89

* 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 Cyclically Adjusted PB Ratio of Expedia Group was 15.77. The lowest was 2.06. And the median was 5.59.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Expedia Group Cyclically Adjusted Book per Share Related Terms


Expedia Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Expedia Group's Cyclically Adjusted Book per Share 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.

Expedia Group Cyclically Adjusted Book per Share Chart

Expedia Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 473.76 444.15 401.43 459.19 399.96

Expedia Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 426.74 420.05 399.96 388.06 373.13

MEX:EXPE vs TCOM, CCL, VIK: Cyclically Adjusted Book per Share Comparison

For the Travel Services subindustry, Expedia Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Expedia Group's Cyclically Adjusted PB Ratio falls into.


MEX:EXPE
79GF Score
Expedia Group Inc MEX:EXPE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Expedia Group Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Expedia Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=175.805/333.9520*333.9520
=175.805

Current CPI (Jun. 2026) = 333.9520.

Expedia Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 501.037 241.428 693.053
201612 567.846 241.432 785.452
201703 510.031 243.801 698.627
201706 503.401 244.955 686.297
201709 548.714 246.819 742.423
201712 585.410 246.524 793.022
201803 505.362 249.554 676.273
201806 521.126 251.989 690.630
201809 549.793 252.439 727.322
201812 547.678 251.233 728.002
201903 532.494 254.202 699.552
201906 557.826 256.143 727.278
201909 567.740 256.759 738.428
201912 524.671 256.974 681.839
202003 377.558 258.115 488.489
202006 283.431 257.797 367.158
202009 254.916 260.280 327.070
202012 209.175 260.474 268.182
202103 168.271 264.877 212.153
202106 144.752 271.696 177.920
202109 217.640 274.310 264.960
202112 271.107 278.802 324.735
202203 263.406 287.504 305.961
202206 243.898 296.311 274.881
202209 291.527 296.808 328.010
202212 290.379 296.797 326.731
202303 220.724 301.836 244.210
202306 208.826 305.109 228.567
202309 208.373 307.789 226.085
202312 190.000 306.746 206.852
202403 110.617 312.332 118.274
202406 124.511 314.175 132.349
202409 202.040 315.301 213.991
202412 252.126 315.605 266.783
202503 171.682 319.799 179.280
202506 126.444 322.561 130.909
202509 199.338 324.800 204.955
202512 188.731 324.054 194.496
202603 86.558 330.213 87.538
202606 175.805 333.952 175.805

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN373.13 mean?
Expedia Group (MEX:EXPE) has a Cyclically Adjusted Book per Share of MXN373.13 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Expedia Group and its competitors.
Is Expedia Group's Cyclically Adjusted Book per Share too high?
Expedia Group's current Cyclically Adjusted Book per Share is MXN373.13. Overall, Expedia Group has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Expedia Group's Cyclically Adjusted Book per Share compare to TCOM and CCL?
Expedia Group's Cyclically Adjusted Book per Share of MXN373.13 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Expedia Group and its competitors. Expedia Group's current Cyclically Adjusted Book per Share is MXN373.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expedia Group stock overvalued right now?
Based on GuruFocus' analysis, Expedia Group (MEX:EXPE) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN3,960.72, compared to a current price of MXN5,555.00 — trading 40.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN373.13. Expedia Group's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Expedia Group (MEX:EXPE), the current Cyclically Adjusted Book per Share is MXN373.13 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Expedia Group (MEX:EXPE) Overvalued in 2026?

Based on GuruFocus' analysis, Expedia Group stock appears to be overvalued. The current stock price of MXN5,555.00 is trading 40.3% above its estimated GF Value™ of MXN3,960.72. GuruFocus considers Expedia Group to be Significantly Overvalued.

Key valuation signals for MEX:EXPE:

  • Cyclically Adjusted Book per Share: MXN373.13
  • GF Value™: MXN3,960.72 vs. price of MXN5,555.00 (40.3% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the MEX:EXPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Expedia Group 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 (80% of total 2025 sales), air tickets (3%), rental cars, cruises, in-destination, and other (9%), and advertising revenue (8%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and alternative accommodations brand Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
79GF Score

Get the complete analysis for MEX:EXPE

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,555.00
Price
MXN3,960.72
GF Value