Booking Holdings (LIM:BKNG) E10: $3.77 (As of Mar. 2026)


LIM:BKNG Booking Holdings Inc LIM:BKNG
94 GF Score
Price $181.80
GF Value $228.26
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Booking Holdings E10?

Booking Holdings LIM:BKNG 94 E10 is $3.77 as of Mar. 2026. GuruFocus rates LIM:BKNG with a GF Score™ of 94/100 and a GF Value™ of $228.26 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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.

Booking Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Booking Holdings's average E10 Growth Rate was 17.70% per year. During the past 3 years, the average E10 Growth Rate was 16.10% per year. During the past 5 years, the average E10 Growth Rate was 14.50% per year. During the past 10 years, the average E10 Growth Rate was 15.30% 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 Booking Holdings was 124.60% per year. The lowest was 6.80% per year. And the median was 22.55% per year.

As of today (2026-07-01), Booking Holdings's current stock price is $181.80. Booking Holdings's E10 for the quarter that ended in Mar. 2026 was $3.77. Booking Holdings's Shiller PE Ratio of today is 48.22.

During the past 13 years, the highest Shiller PE Ratio of Booking Holdings was 71.33. The lowest was 23.43. And the median was 46.97.


Booking Holdings  (LIM:BKNG) 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.

Booking Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=181.80/3.77
=48.22

* 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 Booking Holdings was 71.33. The lowest was 23.43. And the median was 46.97.


Be Aware

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


Booking Holdings E10 Related Terms


Booking Holdings E10 Historical Data

* Premium members only.

The historical data trend for Booking Holdings'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.

Booking Holdings E10 Chart

Booking Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 2.69 1.75 1.49 3.36

Booking Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.70 3.02 3.46 3.36 3.77

LIM:BKNG vs ABNB, RCL, VIK: E10 Comparison

For the Travel Services subindustry, Booking Holdings'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.


Booking Holdings Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Booking Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Booking Holdings's Shiller PE Ratio falls into.


LIM:BKNG
94GF Score
Booking Holdings Inc LIM:BKNG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Booking Holdings 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, Booking Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.36/330.2130*330.2130
=1.360

Current CPI (Mar. 2026) = 330.2130.

Booking Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.464 241.018 0.636
201609 0.405 241.428 0.554
201612 0.539 241.432 0.737
201703 0.364 243.801 0.493
201706 0.576 244.955 0.776
201709 1.377 246.819 1.842
201712 -0.456 246.524 -0.611
201803 0.494 249.554 0.654
201806 0.805 251.989 1.055
201809 1.481 252.439 1.937
201812 0.554 251.233 0.728
201903 0.674 254.202 0.876
201906 0.898 256.143 1.158
201909 1.822 256.759 2.343
201912 1.110 256.974 1.426
202003 -0.680 258.115 -0.870
202006 0.119 257.797 0.152
202009 0.780 260.280 0.990
202012 -0.161 260.474 -0.204
202103 -0.054 264.877 -0.067
202106 -0.163 271.696 -0.198
202109 0.744 274.310 0.896
202112 0.598 278.802 0.708
202203 -0.684 287.504 -0.786
202206 0.843 296.311 0.939
202209 1.679 296.808 1.868
202212 1.277 296.797 1.421
202303 0.280 301.836 0.306
202306 1.396 305.109 1.511
202309 2.792 307.789 2.995
202312 0.251 306.746 0.270
202403 0.895 312.332 0.946
202406 1.775 314.175 1.866
202409 2.974 315.301 3.115
202412 1.278 315.605 1.337
202503 0.400 319.799 0.413
202506 1.097 322.561 1.123
202509 3.376 324.800 3.432
202512 1.767 324.054 1.801
202603 1.360 330.213 1.360

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $3.77 mean?
Booking Holdings (LIM:BKNG) has a E10 of $3.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Booking Holdings and its competitors.
Is Booking Holdings' E10 too high?
Booking Holdings' current E10 is $3.77. Overall, Booking Holdings has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Booking Holdings' E10 compare to ABNB and RCL?
Booking Holdings' E10 of $3.77 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Travel & Leisure company?
A good E10 depends on the Travel & Leisure industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Booking Holdings and its competitors. Booking Holdings's current E10 is $3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Booking Holdings stock overvalued right now?
Based on GuruFocus' analysis, Booking Holdings (LIM:BKNG) is currently considered Modestly Undervalued. The stock's GF Value™ is $228.26, compared to a current price of $181.80 — trading 20.4% below its estimated fair value. The current E10 is $3.77. Booking Holdings' overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Booking Holdings (LIM:BKNG), the current E10 is $3.77 as of Mar. 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 Booking Holdings (LIM:BKNG) Overvalued in 2026?

Based on GuruFocus' analysis, Booking Holdings stock appears to be undervalued. The current stock price of $181.80 is trading 20.4% below its estimated GF Value™ of $228.26. GuruFocus considers Booking Holdings to be Modestly Undervalued.

Key valuation signals for LIM:BKNG:

  • E10: $3.77
  • GF Value™: $228.26 vs. price of $181.80 (20.4% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the LIM:BKNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Booking Holdings Business Description

Address 800 Connecticut Avenue, Norwalk, CT, USA, 06854
Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airlines, rental cars, restaurants, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, Rentalcars.com, and Kayak. Transaction fees for online bookings account for the bulk of revenue and profits.
94GF Score

Get the complete analysis for LIM:BKNG

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$181.80
Price
$228.26
GF Value