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Expedia Group (BSP:EXGR34) Cyclically Adjusted PB Ratio : 5.80 (As of May. 18, 2024)


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What is Expedia Group Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Expedia Group's current share price is R$347.20. Expedia Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$59.90. Expedia Group's Cyclically Adjusted PB Ratio for today is 5.80.

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

BSP:EXGR34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 4.92   Max: 9.04
Current: 4.79

During the past years, Expedia Group's highest Cyclically Adjusted PB Ratio was 9.04. The lowest was 1.75. And the median was 4.92.

BSP:EXGR34's Cyclically Adjusted PB Ratio is ranked worse than
85.38% of 595 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs BSP:EXGR34: 4.79

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Expedia Group's adjusted book value per share data for the three months ended in Mar. 2024 was R$16.596. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$59.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expedia Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Expedia Group's Cyclically Adjusted PB 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 PB Ratio Chart

Expedia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 5.77 7.81 3.67 6.40

Expedia Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 4.03 4.54 4.29 6.40 5.79

Competitive Comparison of Expedia Group's Cyclically Adjusted PB Ratio

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

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

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



Expedia Group Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=347.20/59.9
=5.80

* 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 Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Expedia Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.596/131.7762*131.7762
=16.596

Current CPI (Mar. 2024) = 131.7762.

Expedia Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.474 100.560 21.588
201409 17.413 100.428 22.848
201412 18.549 99.070 24.673
201503 20.498 99.621 27.114
201506 25.438 100.684 33.294
201509 36.699 100.392 48.172
201512 62.817 99.792 82.950
201603 57.178 100.470 74.994
201606 48.084 101.688 62.311
201609 42.150 101.861 54.529
201612 46.189 101.863 59.753
201703 42.358 102.862 54.265
201706 45.887 103.349 58.509
201709 47.356 104.136 59.926
201712 49.108 104.011 62.217
201803 45.605 105.290 57.077
201806 50.006 106.317 61.981
201809 60.383 106.507 74.709
201812 54.160 105.998 67.332
201903 52.715 107.251 64.770
201906 55.985 108.070 68.266
201909 59.234 108.329 72.055
201912 57.092 108.420 69.391
202003 39.338 108.902 47.601
202006 31.855 108.767 38.594
202009 31.156 109.815 37.387
202012 27.050 109.897 32.435
202103 23.194 111.754 27.349
202106 18.283 114.631 21.017
202109 27.938 115.734 31.810
202112 37.367 117.630 41.861
202203 32.917 121.301 35.760
202206 30.598 125.017 32.252
202209 37.998 125.227 39.985
202212 39.063 125.222 41.108
202303 31.891 127.348 33.000
202306 29.561 128.729 30.261
202309 29.540 129.860 29.976
202312 27.423 129.419 27.922
202403 16.596 131.776 16.596

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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  (BSP:EXGR34) Cyclically Adjusted PB Ratio Explanation

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


Expedia Group Cyclically Adjusted PB Ratio Related Terms

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


Expedia Group (BSP:EXGR34) 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 (BSP:EXGR34) Headlines

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