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Booking Holdings (BSP:BKNG34) Shiller PE Ratio : 50.59 (As of May. 07, 2024)


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What is Booking Holdings Shiller PE Ratio?

As of today (2024-05-07), Booking Holdings's current share price is R$103.71. Booking Holdings's E10 for the quarter that ended in Mar. 2024 was R$2.05. Booking Holdings's Shiller PE Ratio for today is 50.59.

The historical rank and industry rank for Booking Holdings's Shiller PE Ratio or its related term are showing as below:

BSP:BKNG34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.47   Med: 50.22   Max: 111.04
Current: 50.22

During the past years, Booking Holdings's highest Shiller PE Ratio was 111.04. The lowest was 23.47. And the median was 50.22.

BSP:BKNG34's Shiller PE Ratio is ranked worse than
73.48% of 396 companies
in the Travel & Leisure industry
Industry Median: 26.555 vs BSP:BKNG34: 50.22

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.

Booking Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.637. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$2.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Booking Holdings Shiller PE Ratio Historical Data

The historical data trend for Booking Holdings's Shiller PE 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.

Booking Holdings Shiller PE Ratio Chart

Booking Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.94 44.77 44.83 32.96 50.48

Booking Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 42.60 41.33 43.55 50.48 50.60

Competitive Comparison of Booking Holdings's Shiller PE Ratio

For the Travel Services subindustry, Booking Holdings'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.


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

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

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



Booking Holdings Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Booking Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=103.71/2.05
=50.59

* 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.

Booking Holdings's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Booking Holdings'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)
=0.637/129.4194*129.4194
=0.637

Current CPI (Mar. 2024) = 129.4194.

Booking Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.139 100.560 0.179
201409 0.268 100.428 0.345
201412 0.129 99.070 0.169
201503 0.114 99.621 0.148
201506 0.177 100.684 0.228
201509 0.522 100.392 0.673
201512 0.222 99.792 0.288
201603 0.158 100.470 0.204
201606 0.227 101.688 0.289
201609 0.188 101.861 0.239
201612 0.258 101.863 0.328
201703 0.163 102.862 0.205
201706 0.271 103.349 0.339
201709 0.616 104.136 0.766
201712 -0.215 104.011 -0.268
201803 0.231 105.290 0.284
201806 0.434 106.317 0.528
201809 0.869 106.507 1.056
201812 0.308 105.998 0.376
201903 0.370 107.251 0.446
201906 0.494 108.070 0.592
201909 1.072 108.329 1.281
201912 0.651 108.420 0.777
202003 -0.475 108.902 -0.564
202006 0.088 108.767 0.105
202009 0.601 109.815 0.708
202012 -0.118 109.897 -0.139
202103 -0.043 111.754 -0.050
202106 -0.117 114.631 -0.132
202109 0.561 115.734 0.627
202112 0.483 117.630 0.531
202203 -0.486 121.301 -0.519
202206 0.608 125.017 0.629
202209 1.258 125.227 1.300
202212 0.957 125.222 0.989
202303 0.208 127.348 0.211
202306 0.968 128.729 0.973
202309 1.970 129.860 1.963
202312 0.176 129.419 0.176
202403 0.637 129.419 0.637

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


Booking Holdings  (BSP:BKNG34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Booking Holdings Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Booking Holdings's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Booking Holdings (BSP:BKNG34) 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 (BSP:BKNG34) Headlines

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