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Trip.com Group (BSP:CRIP34) E10 : R$4.18 (As of Sep. 2024)


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What is Trip.com Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Trip.com Group's adjusted earnings per share data for the three months ended in Sep. 2024 was R$7.771. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$4.18 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Trip.com Group's average E10 Growth Rate was 60.40% per year. During the past 3 years, the average E10 Growth Rate was 3.70% per year. During the past 5 years, the average E10 Growth Rate was -3.20% per year. During the past 10 years, the average E10 Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Trip.com Group was 16.60% per year. The lowest was -15.00% per year. And the median was 4.15% per year.

As of today (2025-03-29), Trip.com Group's current stock price is R$364.82. Trip.com Group's E10 for the quarter that ended in Sep. 2024 was R$4.18. Trip.com Group's Shiller PE Ratio of today is 87.28.

During the past 13 years, the highest Shiller PE Ratio of Trip.com Group was 149.28. The lowest was 39.95. And the median was 84.04.


Trip.com Group E10 Historical Data

The historical data trend for Trip.com Group's E10 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.

Trip.com Group E10 Chart

Trip.com Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 1.99 1.87 2.35 -

Trip.com Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 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 2.35 2.43 3.56 4.18 -

Competitive Comparison of Trip.com Group's E10

For the Travel Services subindustry, Trip.com Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Trip.com Group's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Shiller PE Ratio falls into.


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Trip.com Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Trip.com Group's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.771/115.7848*115.7848
=7.771

Current CPI (Sep. 2024) = 115.7848.

Trip.com Group Quarterly Data

per share eps CPI Adj_EPS
201412 -0.342 99.000 -0.400
201503 -0.225 99.900 -0.261
201506 0.226 99.500 0.263
201509 4.064 100.500 4.682
201512 0.116 100.600 0.134
201603 -1.983 102.200 -2.247
201606 -0.586 101.400 -0.669
201609 0.023 102.400 0.026
201612 0.573 102.600 0.647
201703 0.044 103.200 0.049
201706 0.313 103.100 0.352
201709 1.124 104.100 1.250
201712 0.312 104.500 0.346
201803 0.940 105.300 1.034
201806 2.267 104.900 2.502
201809 -1.245 106.600 -1.352
201812 -1.221 106.500 -1.327
201903 4.262 107.700 4.582
201906 -0.406 107.700 -0.436
201909 0.784 109.800 0.827
201912 1.889 111.200 1.967
202003 -6.250 112.300 -6.444
202006 -0.586 110.400 -0.615
202009 2.069 111.700 2.145
202012 1.298 111.500 1.348
202103 2.493 112.662 2.562
202106 -0.798 111.769 -0.827
202109 -1.079 112.215 -1.113
202112 -1.145 113.108 -1.172
202203 -1.192 114.335 -1.207
202206 0.075 114.558 0.076
202209 0.306 115.339 0.307
202212 2.347 115.116 2.361
202303 3.794 115.116 3.816
202306 0.637 114.558 0.644
202309 4.629 115.339 4.647
202312 1.331 114.781 1.343
202403 4.412 115.227 4.433
202406 4.135 114.781 4.171
202409 7.771 115.785 7.771

Add all the adjusted EPS together and divide 10 will get our e10.


Trip.com Group  (BSP:CRIP34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Trip.com Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=364.82/4.18
=87.28

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Trip.com Group was 149.28. The lowest was 39.95. And the median was 84.04.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Trip.com Group E10 Related Terms

Thank you for viewing the detailed overview of Trip.com Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Trip.com Group Business Description

Address
968 Jin Zhong Road, Shanghai, CHN, 200335
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

Trip.com Group Headlines

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