Expedia Group (MEX:EXPE) Cyclically Adjusted PB Ratio: 12.05 (As of Jul. 14, 2026) — 116% Above Median

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MEX:EXPE Expedia Group Inc MEX:EXPE
77 GF Score
Price MXN4,675.00
GF Value MXN3,666.58
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Expedia Group Cyclically Adjusted PB Ratio?

Expedia Group MEX:EXPE 77 Cyclically Adjusted PB Ratio is 12.05 as of Jul. 14, 2026, which is 116% above its 10-year median of 5.58. GuruFocus rates MEX:EXPE with a GF Score™ of 77/100 and a GF Value™ of MXN3,666.58 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 652 Travel & Leisure companies, Expedia Group ranks worse than 96.32% on this metric.

As of today (2026-07-14), Expedia Group's current share price is MXN4675.00. Expedia Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN388.06. Expedia Group's Cyclically Adjusted PB Ratio for today is 12.05.

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

MEX:EXPE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 5.58   Max: 13.4
Current: 12.31

During the past years, Expedia Group's highest Cyclically Adjusted PB Ratio was 13.40. The lowest was 2.06. And the median was 5.58.

MEX:EXPE's Cyclically Adjusted PB Ratio is ranked worse than
96.32% of 652 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs MEX:EXPE: 12.31

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 adjusted book value per share data for the three months ended in Mar. 2026 was MXN86.558. 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 MXN388.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expedia Group  (MEX:EXPE) 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.


Expedia Group Cyclically Adjusted PB Ratio Related Terms


Expedia Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Expedia Group'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.

Expedia Group Cyclically Adjusted PB Ratio Chart

Expedia Group 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 7.81 3.67 6.40 7.99 12.82

Expedia Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.18 7.27 9.29 12.82 10.70

MEX:EXPE vs TCOM, CCL, VIK: Cyclically Adjusted PB Ratio 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
77GF Score
Expedia Group Inc MEX:EXPE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Expedia Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4675.00/388.06
=12.05

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=86.558/330.2130*330.2130
=86.558

Current CPI (Mar. 2026) = 330.2130.

Expedia Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 519.512 241.018 711.771
201609 501.037 241.428 685.293
201612 567.846 241.432 776.658
201703 510.031 243.801 690.805
201706 503.401 244.955 678.613
201709 548.714 246.819 734.111
201712 585.410 246.524 784.143
201803 505.362 249.554 668.701
201806 521.126 251.989 682.897
201809 549.793 252.439 719.179
201812 547.678 251.233 719.851
201903 532.494 254.202 691.719
201906 557.826 256.143 719.135
201909 567.740 256.759 730.160
201912 524.671 256.974 674.205
202003 377.558 258.115 483.019
202006 283.431 257.797 363.048
202009 254.916 260.280 323.408
202012 209.175 260.474 265.179
202103 168.271 264.877 209.778
202106 144.752 271.696 175.928
202109 217.640 274.310 261.994
202112 271.107 278.802 321.099
202203 263.406 287.504 302.535
202206 243.898 296.311 271.803
202209 291.527 296.808 324.338
202212 290.379 296.797 323.072
202303 220.724 301.836 241.475
202306 208.826 305.109 226.008
202309 208.373 307.789 223.554
202312 190.000 306.746 204.536
202403 110.617 312.332 116.950
202406 124.511 314.175 130.867
202409 202.040 315.301 211.595
202412 252.126 315.605 263.796
202503 171.682 319.799 177.273
202506 126.444 322.561 129.444
202509 199.338 324.800 202.660
202512 188.731 324.054 192.318
202603 86.558 330.213 86.558

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 12.05 mean?
Expedia Group (MEX:EXPE) has a Cyclically Adjusted PB Ratio of 12.05 as of Jul. 14, 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 Expedia Group and its competitors. This is 116% above median its historical median of 5.58. Over the past decade, Expedia Group's Cyclically Adjusted PB Ratio has ranged from 2.06 to 13.40. According to the industry distribution chart, Expedia Group ranks #628 out of 652 companies in the Travel & Leisure industry, placing it in the top 96.3%.
Is Expedia Group's Cyclically Adjusted PB Ratio too high?
Expedia Group's current Cyclically Adjusted PB Ratio of 12.05 is 116% above median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 13.40. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. Expedia Group's value of 12.05 is 879.7% above this industry median. Based on the distribution chart, Expedia Group ranks #628 out of 652 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Expedia Group has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Expedia Group's Cyclically Adjusted PB Ratio compare to TCOM and CCL?
According to the Travel & Leisure industry distribution chart, Expedia Group ranks #628 out of 652 companies for Cyclically Adjusted PB Ratio. This places Expedia Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Expedia Group's value of 12.05 is 879.7% above this benchmark. Historically, Expedia Group's own Cyclically Adjusted PB Ratio has ranged from 2.06 to 13.40 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 1.23, Expedia Group has consistently been above 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 1.23, based on 652 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. Expedia Group's current Cyclically Adjusted PB Ratio of 12.05 is 879.7% above 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 Expedia Group and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expedia Group's current Cyclically Adjusted PB Ratio is 12.05, which is 116% above median its own 10-year median of 5.58. 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 Modestly Overvalued. The stock's GF Value™ is MXN3,666.58, compared to a current price of MXN4,675.00 — trading 27.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.05, which is 116% above median its 10-year median of 5.58 and 879.7% above the Travel & Leisure industry median of 1.23. Expedia Group's overall GF Score™ is 77/100 with 4 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 Expedia Group (MEX:EXPE), the current Cyclically Adjusted PB Ratio is 12.05 as of Jul. 14, 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 MXN4,675.00 is trading 27.5% above its estimated GF Value™ of MXN3,666.58. GuruFocus considers Expedia Group to be Modestly Overvalued.

Key valuation signals for MEX:EXPE:

  • Cyclically Adjusted PB Ratio: 12.05 (116% above median its 10-year median of 5.58)
  • GF Value™: MXN3,666.58 vs. price of MXN4,675.00 (27.5% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 879.7% above the Travel & Leisure median (#628 of 652)

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.
77GF Score

Get the complete analysis for MEX:EXPE

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

MXN4,675.00
Price
MXN3,666.58
GF Value