GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Edreams Odigeo SA (XMAD:EDR) » Definitions » Cyclically Adjusted PB Ratio

Edreams Odigeo (XMAD:EDR) Cyclically Adjusted PB Ratio : 1.89 (As of Jun. 01, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Edreams Odigeo Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Edreams Odigeo's current share price is €7.09. Edreams Odigeo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.76. Edreams Odigeo's Cyclically Adjusted PB Ratio for today is 1.89.

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

XMAD:EDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.63   Max: 2.7
Current: 1.84

During the past years, Edreams Odigeo's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.94. And the median was 1.63.

XMAD:EDR's Cyclically Adjusted PB Ratio is ranked worse than
58.42% of 606 companies
in the Travel & Leisure industry
Industry Median: 1.39 vs XMAD:EDR: 1.84

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.

Edreams Odigeo's adjusted book value per share data for the three months ended in Mar. 2024 was €2.217. 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 €3.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edreams Odigeo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Edreams Odigeo'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.

Edreams Odigeo Cyclically Adjusted PB Ratio Chart

Edreams Odigeo Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.16 1.51 1.79

Edreams Odigeo 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 1.51 1.70 1.69 2.04 1.79

Competitive Comparison of Edreams Odigeo's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Edreams Odigeo'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.


Edreams Odigeo's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Edreams Odigeo 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.

Edreams Odigeo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.09/3.76
=1.89

* 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.

Edreams Odigeo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Edreams Odigeo'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)
=2.217/122.7621*122.7621
=2.217

Current CPI (Mar. 2024) = 122.7621.

Edreams Odigeo Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.077 101.081 6.166
201409 5.118 100.441 6.255
201412 5.026 100.251 6.155
201503 3.407 99.474 4.205
201506 3.431 101.138 4.165
201509 3.459 99.559 4.265
201512 3.500 100.268 4.285
201603 3.567 98.638 4.439
201606 3.641 100.333 4.455
201609 3.686 99.737 4.537
201612 3.528 101.842 4.253
201703 3.657 100.896 4.450
201706 3.578 101.848 4.313
201709 3.693 101.524 4.466
201712 3.821 102.975 4.555
201803 3.773 102.122 4.536
201806 3.816 104.165 4.497
201809 3.612 103.818 4.271
201812 3.681 104.193 4.337
201903 3.840 103.488 4.555
201906 3.852 104.612 4.520
201909 3.934 103.905 4.648
201912 4.105 105.015 4.799
202003 3.417 103.469 4.054
202006 3.221 104.254 3.793
202009 3.035 103.521 3.599
202012 2.838 104.456 3.335
202103 2.349 104.857 2.750
202106 2.157 107.102 2.472
202109 2.033 107.669 2.318
202112 1.881 111.298 2.075
202203 2.242 115.153 2.390
202206 2.141 118.044 2.227
202209 2.076 117.221 2.174
202212 1.995 117.650 2.082
202303 1.925 118.948 1.987
202306 1.974 120.278 2.015
202309 1.939 121.343 1.962
202312 1.930 121.300 1.953
202403 2.217 122.762 2.217

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.


Edreams Odigeo  (XMAD:EDR) 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.


Edreams Odigeo Cyclically Adjusted PB Ratio Related Terms

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


Edreams Odigeo (XMAD:EDR) Business Description

Traded in Other Exchanges
Address
Lopez de Hoyos 35, Madrid, ESP
Edreams Odigeo SA is an online travel company that uses innovative technology and builds on relationships with suppliers, product know-how and marketing expertise to attract and enable customers to search, plan and book a broad range of travel products and services. Its travel solutions content includes flights, hotels, dynamic packages (flight plus hotel), trains, car rentals, and ancillaries (such as seats, bags, insurance), is sourced from a wide range of suppliers which include airlines, hotels, GDS', aggregators, white label partners, car rental suppliers, train operators, and insurance providers. The company's segments include France; Southern Europe (Spain + Italy); and Northern Europe (Germany + Nordics + UK).