Tripadvisor (FRA:T6A) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 15, 2026) — 41% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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FRA:T6A Tripadvisor Inc FRA:T6A
68 GF Score
Price €9.22
GF Value €15.09
Valuation Possible Value Trap
! 3 Warning Signs
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What is Tripadvisor Cyclically Adjusted PB Ratio?

Tripadvisor FRA:T6A -2.41% 68 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 15, 2026, which is 41% below its 10-year median of 1.94. GuruFocus rates FRA:T6A with a GF Score™ of 68/100 and a GF Value™ of €15.09 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 639 Travel & Leisure companies, Tripadvisor ranks better than 51.02% on this metric.

As of today (2026-08-15), Tripadvisor's current share price is €9.224. Tripadvisor's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €8.03. Tripadvisor's Cyclically Adjusted PB Ratio for today is 1.15.

The historical rank and industry rank for Tripadvisor's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:T6A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.94   Max: 7
Current: 1.16

During the past years, Tripadvisor's highest Cyclically Adjusted PB Ratio was 7.00. The lowest was 0.99. And the median was 1.94.

FRA:T6A's Cyclically Adjusted PB Ratio is ranked better than
51.02% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs FRA:T6A: 1.16

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.

Tripadvisor's adjusted book value per share data for the three months ended in Jun. 2026 was €4.910. 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 €8.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tripadvisor  (FRA:T6A) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Tripadvisor Cyclically Adjusted PB Ratio Related Terms


Tripadvisor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tripadvisor's Cyclically Adjusted PB 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.

Tripadvisor Cyclically Adjusted PB Ratio Chart

Tripadvisor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.85 2.19 1.51 1.55

Tripadvisor Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 1.35 1.69 1.55 1.14 1.48

FRA:T6A vs PRSU, LIND, TOUR: Cyclically Adjusted PB Ratio Comparison

For the Travel Services subindustry, Tripadvisor'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.


Tripadvisor Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


FRA:T6A
68GF Score
Tripadvisor Inc FRA:T6A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tripadvisor Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tripadvisor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.224/8.03
=1.15

* 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.

Tripadvisor's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tripadvisor'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)
=4.91/333.9520*333.9520
=4.910

Current CPI (Jun. 2026) = 333.9520.

Tripadvisor Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.667 241.428 13.372
201612 9.881 241.432 13.668
201703 9.165 243.801 12.554
201706 8.686 244.955 11.842
201709 8.563 246.819 11.586
201712 8.289 246.524 11.229
201803 8.083 249.554 10.817
201806 8.384 251.989 11.111
201809 8.980 252.439 11.880
201812 9.376 251.233 12.463
201903 9.595 254.202 12.605
201906 10.009 256.143 13.049
201909 10.738 256.759 13.966
201912 7.606 256.974 9.884
202003 6.932 258.115 8.969
202006 6.027 257.797 7.807
202009 5.733 260.280 7.356
202012 5.406 260.474 6.931
202103 4.818 264.877 6.074
202106 4.707 271.696 5.786
202109 4.886 274.310 5.948
202112 5.038 278.802 6.035
202203 4.989 287.504 5.795
202206 5.386 296.311 6.070
202209 5.842 296.808 6.573
202212 5.771 296.797 6.493
202303 5.313 301.836 5.878
202306 5.228 305.109 5.722
202309 5.571 307.789 6.045
202312 5.801 306.746 6.316
202403 5.455 312.332 5.833
202406 5.746 314.175 6.108
202409 6.110 315.301 6.471
202412 6.424 315.605 6.797
202503 4.194 319.799 4.380
202506 4.684 322.561 4.849
202509 5.157 324.800 5.302
202512 4.812 324.054 4.959
202603 4.639 330.213 4.692
202606 4.910 333.952 4.910

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

What does a Cyclically Adjusted PB Ratio of 1.15 mean?
Tripadvisor (FRA:T6A) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tripadvisor and its competitors. This is 41% below median its historical median of 1.94. Over the past decade, Tripadvisor's Cyclically Adjusted PB Ratio has ranged from 0.99 to 7.00. According to the industry distribution chart, Tripadvisor ranks #313 out of 639 companies in the Travel & Leisure industry, placing it in the top 49%.
Is Tripadvisor's Cyclically Adjusted PB Ratio too high?
Tripadvisor's current Cyclically Adjusted PB Ratio of 1.15 is 41% below median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 7.00. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Tripadvisor's value of 1.15 is 4.2% below this industry median. Based on the distribution chart, Tripadvisor ranks #313 out of 639 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tripadvisor has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tripadvisor's Cyclically Adjusted PB Ratio compare to PRSU and LIND?
According to the Travel & Leisure industry distribution chart, Tripadvisor ranks #313 out of 639 companies for Cyclically Adjusted PB Ratio. This puts Tripadvisor in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Tripadvisor's value of 1.15 is 4.2% below this benchmark. Historically, Tripadvisor's own Cyclically Adjusted PB Ratio has ranged from 0.99 to 7.00 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.20, Tripadvisor has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tripadvisor's current Cyclically Adjusted PB Ratio of 1.15 is 4.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tripadvisor and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tripadvisor's current Cyclically Adjusted PB Ratio is 1.15, which is 41% below median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tripadvisor stock overvalued right now?
Based on GuruFocus' analysis, Tripadvisor (FRA:T6A) is currently considered Possible Value Trap. The stock's GF Value™ is €15.09, compared to a current price of €9.22 — trading 38.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is 41% below median its 10-year median of 1.94 and 4.2% below the Travel & Leisure industry median of 1.20. Tripadvisor's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Tripadvisor (FRA:T6A), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 15, 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 Tripadvisor (FRA:T6A) Overvalued in 2026?

Based on GuruFocus' analysis, Tripadvisor stock appears to be undervalued. The current stock price of €9.22 is trading 38.9% below its estimated GF Value™ of €15.09. GuruFocus considers Tripadvisor to be Possible Value Trap.

Key valuation signals for FRA:T6A:

  • Cyclically Adjusted PB Ratio: 1.15 (41% below median its 10-year median of 1.94)
  • GF Value™: €15.09 vs. price of €9.22 (38.9% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 4.2% below the Travel & Leisure median (#313 of 639)

No single metric tells the full story. See the FRA:T6A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tripadvisor Business Description

Address 400 1st Avenue, Needham, MA, USA, 02494
Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on several million accommodations, restaurants, experiences, airlines, and cruises. In 2025, 42% of revenue came from the company's core Hotel and Other segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 46% of revenue in 2025, and TheFork, its dining brand, represented 12% of sales.
68GF Score

Get the complete analysis for FRA:T6A

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

€9.22
Price
€15.09
GF Value