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Booking Holdings (XSGO:BKNG) Cyclically Adjusted Revenue per Share : $182.83 (As of Mar. 2024)


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What is Booking Holdings Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Booking Holdings's adjusted revenue per share for the three months ended in Mar. 2024 was $127.211. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $182.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Booking Holdings's average Cyclically Adjusted Revenue Growth Rate was 16.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 15.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 18.40% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Booking Holdings was 22.30% per year. The lowest was 9.20% per year. And the median was 18.70% per year.

As of today (2024-05-17), Booking Holdings's current stock price is $1901.40. Booking Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $182.83. Booking Holdings's Cyclically Adjusted PS Ratio of today is 10.40.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Booking Holdings was 22.72. The lowest was 5.97. And the median was 11.73.


Booking Holdings Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Booking Holdings's Cyclically Adjusted Revenue per Share 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.

Booking Holdings Cyclically Adjusted Revenue per Share Chart

Booking Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.42 192.71 224.04 266.80 179.10

Booking Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 210.93 216.87 200.67 179.10 182.83

Competitive Comparison of Booking Holdings's Cyclically Adjusted Revenue per Share

For the Travel Services subindustry, Booking Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Booking Holdings's Cyclically Adjusted PS Ratio falls into.



Booking Holdings Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Booking Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=127.211/131.7762*131.7762
=127.211

Current CPI (Mar. 2024) = 131.7762.

Booking Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 40.102 100.560 52.551
201409 53.495 100.428 70.193
201412 34.753 99.070 46.226
201503 35.124 99.621 46.461
201506 43.822 100.684 57.355
201509 60.687 100.392 79.659
201512 39.591 99.792 52.280
201603 42.852 100.470 56.204
201606 51.058 101.688 66.165
201609 73.848 101.861 95.536
201612 46.867 101.863 60.630
201703 48.364 102.862 61.959
201706 60.423 103.349 77.043
201709 88.730 104.136 112.282
201712 56.485 104.011 71.563
201803 59.506 105.290 74.475
201806 72.853 106.317 90.299
201809 101.548 106.507 125.641
201812 69.129 105.998 85.941
201903 62.439 107.251 76.717
201906 88.301 108.070 107.671
201909 117.672 108.329 143.141
201912 79.133 108.420 96.180
202003 55.679 108.902 67.374
202006 15.368 108.767 18.619
202009 64.263 109.815 77.115
202012 30.038 109.897 36.018
202103 27.848 111.754 32.837
202106 52.614 114.631 60.483
202109 113.105 115.734 128.782
202112 72.055 117.630 80.721
202203 65.859 121.301 71.546
202206 105.594 125.017 111.303
202209 152.555 125.227 160.534
202212 104.636 125.222 110.113
202303 99.466 127.348 102.925
202306 147.765 128.729 151.263
202309 203.990 129.860 207.001
202312 135.882 129.419 138.356
202403 127.211 131.776 127.211

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Booking Holdings  (XSGO:BKNG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Booking Holdings's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1901.40/182.83
=10.40

* 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 Cyclically Adjusted PS Ratio of Booking Holdings was 22.72. The lowest was 5.97. And the median was 11.73.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Booking Holdings Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Booking Holdings's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Booking Holdings (XSGO:BKNG) 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, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates a number of branded travel booking sites, including Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.

Booking Holdings (XSGO:BKNG) Headlines