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Booking Holdings (Booking Holdings) Shiller PE Ratio

: 48.65 (As of Today)
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As of today (2024-04-20), Booking Holdings's current share price is $3418.65. Booking Holdings's E10 for the quarter that ended in Dec. 2023 was $70.27. Booking Holdings's Shiller PE Ratio for today is 48.65.

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

BKNG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.47   Med: 50.95   Max: 111.04
Current: 48.65

During the past years, Booking Holdings's highest Shiller PE Ratio was 111.04. The lowest was 23.47. And the median was 50.95.

BKNG's Shiller PE Ratio is ranked worse than
72.31% of 390 companies
in the Travel & Leisure industry
Industry Median: 26.45 vs BKNG: 48.65

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 Dec. 2023 was $6.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $70.27 for the trailing ten years ended in Dec. 2023.

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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.94 44.77 44.83 32.96 50.48

Booking Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 32.96 42.60 41.33 43.55 50.48

Competitive Comparison

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 Shiller PE Ratio Distribution

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
=3418.65/70.27
=48.65

* 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 Dec. 2023 is calculated as:

For example, Booking Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.28/129.4194*129.4194
=6.280

Current CPI (Dec. 2023) = 129.4194.

Booking Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 6.250 99.695 8.113
201406 10.890 100.560 14.015
201409 20.030 100.428 25.812
201412 8.540 99.070 11.156
201503 6.360 99.621 8.262
201506 9.940 100.684 12.777
201509 23.410 100.392 30.179
201512 10.000 99.792 12.969
201603 7.470 100.470 9.622
201606 11.600 101.688 14.763
201609 10.130 101.861 12.871
201612 13.470 101.863 17.114
201703 9.110 102.862 11.462
201706 14.390 103.349 18.020
201709 34.430 104.136 42.789
201712 -11.410 104.011 -14.197
201803 12.340 105.290 15.168
201806 20.130 106.317 24.504
201809 37.020 106.507 44.984
201812 13.860 105.998 16.923
201903 16.850 107.251 20.333
201906 22.440 108.070 26.873
201909 45.540 108.329 54.406
201912 27.750 108.420 33.125
202003 -17.010 108.902 -20.215
202006 2.970 108.767 3.534
202009 19.490 109.815 22.969
202012 -4.020 109.897 -4.734
202103 -1.340 111.754 -1.552
202106 -4.080 114.631 -4.606
202109 18.600 115.734 20.799
202112 14.940 117.630 16.437
202203 -17.100 121.301 -18.244
202206 21.070 125.017 21.812
202209 41.980 125.227 43.386
202212 31.920 125.222 32.990
202303 7.000 127.348 7.114
202306 34.890 128.729 35.077
202309 69.800 129.860 69.563
202312 6.280 129.419 6.280

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  (NAS:BKNG) 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 (Booking Holdings) 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.
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