GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Expedia Group Inc (STU:E3X1) » Definitions » Cyclically Adjusted PB Ratio

Expedia Group (STU:E3X1) Cyclically Adjusted PB Ratio : 8.81 (As of Jan. 18, 2025)


View and export this data going back to 1999. Start your Free Trial

What is Expedia Group Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Expedia Group's current share price is €184.28. Expedia Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €20.92. Expedia Group's Cyclically Adjusted PB Ratio for today is 8.81.

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

STU:E3X1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 5.21   Max: 9.04
Current: 7.98

During the past years, Expedia Group's highest Cyclically Adjusted PB Ratio was 9.04. The lowest was 2.06. And the median was 5.21.

STU:E3X1's Cyclically Adjusted PB Ratio is ranked worse than
92.17% of 600 companies
in the Travel & Leisure industry
Industry Median: 1.415 vs STU:E3X1: 7.98

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 Sep. 2024 was €9.245. 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 €20.92 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expedia Group Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Expedia Group Cyclically Adjusted PB Ratio Chart

Expedia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 5.77 7.81 3.67 6.40

Expedia Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.29 6.40 5.79 5.33 6.31

Competitive Comparison of Expedia Group's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=184.28/20.92
=8.81

* 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 Sep. 2024 is calculated as:

For example, Expedia Group's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9.245/133.0289*133.0289
=9.245

Current CPI (Sep. 2024) = 133.0289.

Expedia Group Quarterly Data

Book Value per Share CPI Adj_Book
201412 11.388 99.070 15.292
201503 12.058 99.621 16.102
201506 14.568 100.684 19.248
201509 16.755 100.392 22.202
201512 29.719 99.792 39.617
201603 27.769 100.470 36.768
201606 25.002 101.688 32.708
201609 23.088 101.861 30.153
201612 26.110 101.863 34.099
201703 25.327 102.862 32.755
201706 24.786 103.349 31.904
201709 25.368 104.136 32.407
201712 25.188 104.011 32.215
201803 22.559 105.290 28.502
201806 22.702 106.317 28.406
201809 25.190 106.507 31.463
201812 24.518 105.998 30.770
201903 24.294 107.251 30.133
201906 25.700 108.070 31.636
201909 26.112 108.329 32.066
201912 25.037 108.420 30.720
202003 14.572 108.902 17.800
202006 10.904 108.767 13.336
202009 9.797 109.815 11.868
202012 8.644 109.897 10.463
202103 6.915 111.754 8.231
202106 6.036 114.631 7.005
202109 8.997 115.734 10.341
202112 11.696 117.630 13.227
202203 12.012 121.301 13.173
202206 11.469 125.017 12.204
202209 14.638 125.227 15.550
202212 14.060 125.222 14.937
202303 11.437 127.348 11.947
202306 11.243 128.729 11.619
202309 11.209 129.860 11.483
202312 10.264 129.419 10.550
202403 6.132 131.776 6.190
202406 6.314 132.554 6.337
202409 9.245 133.029 9.245

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.


Expedia Group  (STU:E3X1) 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

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


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 2023 sales), air tickets (3%), rental cars, cruises, in-destination, and other (11%), and advertising revenue (6%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.

Expedia Group Headlines

No Headlines