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Booking Holdings (Booking Holdings) Cyclically Adjusted Revenue per Share : $334.13 (As of Dec. 2023)


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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 Dec. 2023 was $135.882. 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 $334.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Booking Holdings's average Cyclically Adjusted Revenue Growth Rate was 18.20% 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 (2024-04-27), Booking Holdings's current stock price is $3521.08. Booking Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $334.13. Booking Holdings's Cyclically Adjusted PS Ratio of today is 10.54.

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 11.87.


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 194.52 206.54 237.59 282.78 334.13

Booking Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 282.78 294.24 308.00 325.47 334.13

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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=135.882/129.4194*129.4194
=135.882

Current CPI (Dec. 2023) = 129.4194.

Booking Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 30.967 99.695 40.200
201406 40.102 100.560 51.611
201409 53.495 100.428 68.938
201412 34.753 99.070 45.399
201503 35.124 99.621 45.630
201506 43.822 100.684 56.329
201509 60.687 100.392 78.234
201512 39.591 99.792 51.345
201603 42.852 100.470 55.199
201606 51.058 101.688 64.982
201609 73.848 101.861 93.828
201612 46.867 101.863 59.546
201703 48.364 102.862 60.851
201706 60.423 103.349 75.665
201709 88.730 104.136 110.273
201712 56.485 104.011 70.283
201803 59.506 105.290 73.143
201806 72.853 106.317 88.684
201809 101.548 106.507 123.394
201812 69.129 105.998 84.404
201903 62.439 107.251 75.345
201906 88.301 108.070 105.745
201909 117.672 108.329 140.581
201912 79.133 108.420 94.460
202003 55.679 108.902 66.169
202006 15.368 108.767 18.286
202009 64.263 109.815 75.735
202012 30.038 109.897 35.374
202103 27.848 111.754 32.250
202106 52.614 114.631 59.401
202109 113.105 115.734 126.479
202112 72.055 117.630 79.277
202203 65.859 121.301 70.267
202206 105.594 125.017 109.313
202209 152.555 125.227 157.663
202212 104.636 125.222 108.144
202303 99.466 127.348 101.084
202306 147.765 128.729 148.558
202309 203.990 129.860 203.299
202312 135.882 129.419 135.882

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


Booking Holdings  (NAS: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
=3521.08/334.13
=10.54

* 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 11.87.


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 (Booking Holdings) Business Description

Industry
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.
Executives
Glenn D Fogel officer: Hd Worldwide Strat & Planning PRICELINE.COM INCORPORATED, 800 CONNECTICUT AVENUE, NORWALK CT 06854
David I Goulden officer: Chief Financial Officer 176 SOUTH STREET, HOPKINTON MA 01748
Radakovich Lynn Vojvodich director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
Nicholas Read director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
Susana D'emic officer: SVP, CAO & Controller C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Paulo Pisano officer: Chief Human Resources Officer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Larry Quinlan director 2225 LAWSON LANE, SANTA CLARA CA 95054
Mylod Robert J Jr officer: Vice Chairman
Sumit Singh director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Peter J Millones officer: Executive VP, General Counsel
Jeffery H Boyd director C/O ASPEN GROVE CAPITAL, LLC, PO BOX 9389, AVON CO 81620
Dijk Bob Van director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
Gillian Tans officer: President & COO, Booking.com C/O THE PRICELINE GROUP INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
Vanessa Ames Wittman director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Wei Hopeman director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854

Booking Holdings (Booking Holdings) Headlines