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Expedia Group (WBO:EXPE) Cyclically Adjusted PS Ratio : 1.92 (As of Apr. 28, 2024)


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What is Expedia Group Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Expedia Group's current share price is €127.84. Expedia Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €66.71. Expedia Group's Cyclically Adjusted PS Ratio for today is 1.92.

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

WBO:EXPE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 2.95   Max: 4.91
Current: 1.86

During the past years, Expedia Group's highest Cyclically Adjusted PS Ratio was 4.91. The lowest was 0.93. And the median was 2.95.

WBO:EXPE's Cyclically Adjusted PS Ratio is ranked worse than
57.67% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs WBO:EXPE: 1.86

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.

Expedia Group's adjusted revenue per share data for the three months ended in Dec. 2023 was €18.334. 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 €66.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expedia Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Expedia Group'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.

Expedia Group Cyclically Adjusted PS Ratio Chart

Expedia Group 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 2.12 2.51 3.05 1.31 2.08

Expedia Group 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 1.31 1.41 1.55 1.42 2.08

Competitive Comparison of Expedia Group's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Expedia Group'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.


Expedia Group's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Expedia Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=127.84/66.71
=1.92

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

For example, Expedia Group'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)
=18.334/129.4194*129.4194
=18.334

Current CPI (Dec. 2023) = 129.4194.

Expedia Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.647 99.695 8.629
201406 8.230 100.560 10.592
201409 10.047 100.428 12.947
201412 8.355 99.070 10.915
201503 9.658 99.621 12.547
201506 11.142 100.684 14.322
201509 12.941 100.392 16.683
201512 11.277 99.792 14.625
201603 11.319 100.470 14.580
201606 12.729 101.688 16.200
201609 14.910 101.861 18.944
201612 12.797 101.863 16.259
201703 13.597 102.862 17.108
201706 14.656 103.349 18.353
201709 15.774 104.136 19.604
201712 12.563 104.011 15.632
201803 13.398 105.290 16.469
201806 16.153 106.317 19.663
201809 18.332 106.507 22.276
201812 14.863 105.998 18.147
201903 15.614 107.251 18.841
201906 18.411 108.070 22.048
201909 21.447 108.329 25.622
201912 16.841 108.420 20.103
202003 14.196 108.902 16.871
202006 3.563 108.767 4.240
202009 9.036 109.815 10.649
202012 5.309 109.897 6.252
202103 7.209 111.754 8.349
202106 11.752 114.631 13.268
202109 15.691 115.734 17.546
202112 13.133 117.630 14.449
202203 13.060 121.301 13.934
202206 19.132 125.017 19.806
202209 22.587 125.227 23.343
202212 15.493 125.222 16.012
202303 16.324 127.348 16.590
202306 20.412 128.729 20.522
202309 24.917 129.860 24.833
202312 18.334 129.419 18.334

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.


Expedia Group  (WBO:EXPE) 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.


Expedia Group Cyclically Adjusted PS Ratio Related Terms

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


Expedia Group (WBO:EXPE) 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 (76% of total 2022 sales), air tickets (3%), rental cars, cruises, in-destination, and other (14%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.

Expedia Group (WBO:EXPE) Headlines

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