Trip.com Group (STU:CLV) E10: €1.20 (As of Dec. 2025)


STU:CLV Trip.com Group Ltd STU:CLV
75 GF Score
Price €35.60
GF Value €69.53
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Trip.com Group E10?

Trip.com Group STU:CLV -12.75% 75 E10 is €1.20 as of Dec. 2025. GuruFocus rates STU:CLV with a GF Score™ of 75/100 and a GF Value™ of €69.53 (Significantly 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.

Trip.com Group's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.741. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.20 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Trip.com Group's average E10 Growth Rate was 63.20% per year. During the past 3 years, the average E10 Growth Rate was 56.60% per year. During the past 5 years, the average E10 Growth Rate was 29.60% per year. During the past 10 years, the average E10 Growth Rate was 8.60% 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 56.60% per year. The lowest was -12.40% per year. And the median was 7.30% per year.

As of today (2026-06-26), Trip.com Group's current stock price is €35.60. Trip.com Group's E10 for the quarter that ended in Dec. 2025 was €1.20. Trip.com Group's Shiller PE Ratio of today is 29.67.

During the past 13 years, the highest Shiller PE Ratio of Trip.com Group was 153.10. The lowest was 28.51. And the median was 76.12.


Trip.com Group  (STU:CLV) 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
=35.60/1.20
=29.67

* 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 153.10. The lowest was 28.51. And the median was 76.12.


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


Trip.com Group E10 Historical Data

* Premium members only.

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.

Trip.com Group E10 Chart

Trip.com Group 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 0.29 0.35 0.46 0.84 1.20

Trip.com Group 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 0.90 0.91 1.14 1.20 0.00

STU:CLV vs EXPE, CCL, VIK: E10 Comparison

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 Shiller PE Ratio vs 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.


STU:CLV
75GF Score
Trip.com Group Ltd STU:CLV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.741/324.0540*324.0540
=0.741

Current CPI (Dec. 2025) = 324.0540.

Trip.com Group Quarterly Data

per share eps CPI Adj_EPS
201603 -0.482 238.132 -0.656
201606 -0.152 241.018 -0.204
201609 0.006 241.428 0.008
201612 0.162 241.432 0.217
201703 0.013 243.801 0.017
201706 0.085 244.955 0.112
201709 0.301 246.819 0.395
201712 0.080 246.524 0.105
201803 0.233 249.554 0.303
201806 0.515 251.989 0.662
201809 -0.260 252.439 -0.334
201812 -0.276 251.233 -0.356
201903 0.982 254.202 1.252
201906 -0.093 256.143 -0.118
201909 0.173 256.759 0.218
201912 0.414 256.974 0.522
202003 -1.158 258.115 -1.454
202006 -0.100 257.797 -0.126
202009 0.325 260.280 0.405
202012 0.207 260.474 0.258
202103 0.372 264.877 0.455
202106 -0.132 271.696 -0.157
202109 -0.174 274.310 -0.206
202112 -0.179 278.802 -0.208
202203 -0.218 287.504 -0.246
202206 0.014 296.311 0.015
202209 0.059 296.808 0.064
202212 0.422 296.797 0.461
202303 0.680 301.836 0.730
202306 0.121 305.109 0.129
202309 0.878 307.789 0.924
202312 0.249 306.746 0.263
202403 0.815 312.332 0.846
202406 0.713 314.175 0.735
202409 1.264 315.301 1.299
202412 0.405 315.605 0.416
202503 0.777 319.799 0.787
202506 0.842 322.561 0.846
202509 3.422 324.800 3.414
202512 0.741 324.054 0.741

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 €1.20 mean?
Trip.com Group (STU:CLV) has a E10 of €1.20 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Trip.com Group and its competitors.
Is Trip.com Group's E10 too high?
Trip.com Group's current E10 is €1.20. Overall, Trip.com Group has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trip.com Group's E10 compare to EXPE and CCL?
Trip.com Group's E10 of €1.20 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 Trip.com Group and its competitors. Trip.com Group's current E10 is €1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trip.com Group stock overvalued right now?
Based on GuruFocus' analysis, Trip.com Group (STU:CLV) is currently considered Significantly Undervalued. The stock's GF Value™ is €69.53, compared to a current price of €35.60 — trading 48.8% below its estimated fair value. The current E10 is €1.20. Trip.com Group's overall GF Score™ is 75/100 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 Trip.com Group (STU:CLV), the current E10 is €1.20 as of Dec. 2025. 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 Trip.com Group (STU:CLV) Overvalued in 2026?

Based on GuruFocus' analysis, Trip.com Group stock appears to be undervalued. The current stock price of €35.60 is trading 48.8% below its estimated GF Value™ of €69.53. GuruFocus considers Trip.com Group to be Significantly Undervalued.

Key valuation signals for STU:CLV:

  • E10: €1.20
  • GF Value™: €69.53 vs. price of €35.60 (48.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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


Trip.com Group Business Description

Address 30 Raffles Place, No. 29-01, Shanghai, SGP, 048622
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 79% of sales from accommodation reservations and transportation ticketing in 2024. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international travel, which is important to its margin expansion. Most of sales come from its domestic platform, but the company is expanding its overseas business. 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.
75GF Score

Get the complete analysis for STU:CLV

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

€35.60
Price
€69.53
GF Value