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Tripadvisor (BSP:T1RI34) E10 : R$1.04 (As of Mar. 2024)


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What is Tripadvisor E10?

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.

Tripadvisor's adjusted earnings per share data for the three months ended in Mar. 2024 was R$-2.141. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tripadvisor's average E10 Growth Rate was -43.20% per year. During the past 3 years, the average E10 Growth Rate was -27.40% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Tripadvisor was -25.60% per year. The lowest was -27.40% per year. And the median was -26.50% per year.

As of today (2024-06-08), Tripadvisor's current stock price is R$97.29. Tripadvisor's E10 for the quarter that ended in Mar. 2024 was R$1.04. Tripadvisor's Shiller PE Ratio of today is 93.55.

During the past 13 years, the highest Shiller PE Ratio of Tripadvisor was 130.71. The lowest was 13.89. And the median was 45.98.


Tripadvisor E10 Historical Data

The historical data trend for Tripadvisor'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.

* Premium members only.

Tripadvisor E10 Chart

Tripadvisor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.02 3.37 2.36 1.49

Tripadvisor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.92 1.57 1.51 1.49 1.04

Competitive Comparison of Tripadvisor's E10

For the Travel Services subindustry, Tripadvisor'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.


Tripadvisor's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tripadvisor's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tripadvisor's Shiller PE Ratio falls into.



Tripadvisor 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, Tripadvisor's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.141/131.7762*131.7762
=-2.141

Current CPI (Mar. 2024) = 131.7762.

Tripadvisor Quarterly Data

per share eps CPI Adj_EPS
201406 1.051 100.560 1.377
201409 0.865 100.428 1.135
201412 0.660 99.070 0.878
201503 1.351 99.621 1.787
201506 1.245 100.684 1.629
201509 1.991 100.392 2.613
201512 0.078 99.792 0.103
201603 0.740 100.470 0.971
201606 0.787 101.688 1.020
201609 1.204 101.861 1.558
201612 0.034 101.863 0.044
201703 0.281 102.862 0.360
201706 0.626 103.349 0.798
201709 0.564 104.136 0.714
201712 -1.977 104.011 -2.505
201803 0.131 105.290 0.164
201806 0.867 106.317 1.075
201809 2.013 106.507 2.491
201812 0.194 105.998 0.241
201903 0.691 107.251 0.849
201906 0.925 108.070 1.128
201909 1.483 108.329 1.804
201912 0.451 108.420 0.548
202003 -0.586 108.902 -0.709
202006 -5.915 108.767 -7.166
202009 -1.944 109.815 -2.333
202012 -2.778 109.897 -3.331
202103 -3.325 111.754 -3.921
202106 -1.458 114.631 -1.676
202109 0.053 115.734 0.060
202112 -1.188 117.630 -1.331
202203 -1.194 121.301 -1.297
202206 1.060 125.017 1.117
202209 0.891 125.227 0.938
202212 -0.105 125.222 -0.110
202303 -2.708 127.348 -2.802
202306 0.825 128.729 0.845
202309 0.938 129.860 0.952
202312 1.127 129.419 1.148
202403 -2.141 131.776 -2.141

Add all the adjusted EPS together and divide 10 will get our e10.


Tripadvisor  (BSP:T1RI34) 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.

Tripadvisor's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=97.29/1.04
=93.55

* 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 Tripadvisor was 130.71. The lowest was 13.89. And the median was 45.98.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Tripadvisor E10 Related Terms

Thank you for viewing the detailed overview of Tripadvisor's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Tripadvisor (BSP:T1RI34) Business Description

Address
400 1st Avenue, Needham, MA, USA, 02494
Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2022, 65% of revenue came from the company's core segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 33% of sales in 2022, and TheFork, its dining brand, represented 8% of revenue (about 6% of sales were intersegment, which are eliminated from consolidated revenue).

Tripadvisor (BSP:T1RI34) Headlines

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