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Tripadvisor (FRA:T6A) Cyclically Adjusted PS Ratio : 2.41 (As of Apr. 27, 2024)


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What is Tripadvisor Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Tripadvisor's current share price is €24.33. Tripadvisor's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €10.11. Tripadvisor's Cyclically Adjusted PS Ratio for today is 2.41.

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

FRA:T6A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.31   Max: 6.68
Current: 2.31

During the past years, Tripadvisor's highest Cyclically Adjusted PS Ratio was 6.68. The lowest was 1.26. And the median was 2.31.

FRA:T6A's Cyclically Adjusted PS Ratio is ranked worse than
65.81% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs FRA:T6A: 2.31

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Tripadvisor's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.235. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €10.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tripadvisor Cyclically Adjusted PS Ratio Historical Data

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

Tripadvisor Cyclically Adjusted PS Ratio Chart

Tripadvisor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 3.20 2.81 1.69 1.89

Tripadvisor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 1.69 1.83 1.48 1.46 1.89

Competitive Comparison of Tripadvisor's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Tripadvisor's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Tripadvisor Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.33/10.11
=2.41

* 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 Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tripadvisor's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.235/129.4194*129.4194
=2.235

Current CPI (Dec. 2023) = 129.4194.

Tripadvisor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.392 99.695 1.807
201406 1.628 100.560 2.095
201409 1.882 100.428 2.425
201412 1.600 99.070 2.090
201503 2.297 99.621 2.984
201506 2.472 100.684 3.178
201509 2.533 100.392 3.265
201512 1.943 99.792 2.520
201603 2.150 100.470 2.769
201606 2.367 101.688 3.013
201609 2.552 101.861 3.242
201612 2.038 101.863 2.589
201703 2.399 102.862 3.018
201706 2.676 103.349 3.351
201709 2.650 104.136 3.293
201712 1.980 104.011 2.464
201803 2.190 105.290 2.692
201806 2.647 106.317 3.222
201809 2.784 106.507 3.383
201812 2.172 105.998 2.652
201903 2.360 107.251 2.848
201906 2.649 108.070 3.172
201909 2.776 108.329 3.316
201912 2.138 108.420 2.552
202003 1.850 108.902 2.199
202006 0.391 108.767 0.465
202009 0.957 109.815 1.128
202012 0.706 109.897 0.831
202103 0.760 111.754 0.880
202106 1.424 114.631 1.608
202109 1.789 115.734 2.001
202112 1.557 117.630 1.713
202203 1.710 121.301 1.824
202206 2.711 125.017 2.806
202209 3.175 125.227 3.281
202212 2.199 125.222 2.273
202303 2.450 127.348 2.490
202306 3.142 128.729 3.159
202309 3.492 129.860 3.480
202312 2.235 129.419 2.235

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Tripadvisor  (FRA:T6A) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Tripadvisor Cyclically Adjusted PS Ratio Related Terms

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


Tripadvisor (FRA:T6A) 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 about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2022, 65% of revenue came from the company's core segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 33% of sales in 2022, and TheFork, its dining brand, represented 8% of revenue (about 6% of sales were intersegment, which are eliminated from consolidated revenue).

Tripadvisor (FRA:T6A) Headlines

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