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Travelzoo (Travelzoo) Cyclically Adjusted PB Ratio : 6.66 (As of Jun. 08, 2024)


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What is Travelzoo Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Travelzoo's current share price is $8.13. Travelzoo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.22. Travelzoo's Cyclically Adjusted PB Ratio for today is 6.66.

The historical rank and industry rank for Travelzoo's Cyclically Adjusted PB Ratio or its related term are showing as below:

TZOO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 4.9   Max: 13.3
Current: 6.65

During the past years, Travelzoo's highest Cyclically Adjusted PB Ratio was 13.30. The lowest was 1.50. And the median was 4.90.

TZOO's Cyclically Adjusted PB Ratio is ranked worse than
94.95% of 693 companies
in the Media - Diversified industry
Industry Median: 1.13 vs TZOO: 6.65

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Travelzoo's adjusted book value per share data for the three months ended in Mar. 2024 was $0.311. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $1.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Travelzoo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Travelzoo's Cyclically Adjusted PB 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.

Travelzoo Cyclically Adjusted PB Ratio Chart

Travelzoo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 4.96 5.31 2.90 7.56

Travelzoo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 4.10 5.69 4.40 7.56 8.32

Competitive Comparison of Travelzoo's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, Travelzoo's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Travelzoo's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Travelzoo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Travelzoo's Cyclically Adjusted PB Ratio falls into.



Travelzoo Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Travelzoo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.13/1.22
=6.66

* 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.

Travelzoo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Travelzoo's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.311/131.7762*131.7762
=0.311

Current CPI (Mar. 2024) = 131.7762.

Travelzoo Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.643 100.560 3.463
201409 2.706 100.428 3.551
201412 2.432 99.070 3.235
201503 2.689 99.621 3.557
201506 2.860 100.684 3.743
201509 1.520 100.392 1.995
201512 1.473 99.792 1.945
201603 1.533 100.470 2.011
201606 1.418 101.688 1.838
201609 1.504 101.861 1.946
201612 1.342 101.863 1.736
201703 1.434 102.862 1.837
201706 1.178 103.349 1.502
201709 0.975 104.136 1.234
201712 1.049 104.011 1.329
201803 1.355 105.290 1.696
201806 1.394 106.317 1.728
201809 1.225 106.507 1.516
201812 1.175 105.998 1.461
201903 1.318 107.251 1.619
201906 1.199 108.070 1.462
201909 1.062 108.329 1.292
201912 0.946 108.420 1.150
202003 0.195 108.902 0.236
202006 -0.027 108.767 -0.033
202009 0.006 109.815 0.007
202012 0.166 109.897 0.199
202103 -0.251 111.754 -0.296
202106 0.087 114.631 0.100
202109 0.158 115.734 0.180
202112 -0.351 117.630 -0.393
202203 -0.122 121.301 -0.133
202206 0.114 125.017 0.120
202209 0.050 125.227 0.053
202212 0.271 125.222 0.285
202303 0.525 127.348 0.543
202306 0.424 128.729 0.434
202309 0.143 129.860 0.145
202312 0.308 129.419 0.314
202403 0.311 131.776 0.311

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Travelzoo  (NAS:TZOO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Travelzoo Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Travelzoo's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Travelzoo (Travelzoo) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, 35th Floor, New York, NY, USA, 10022
Travelzoo acts as a publisher of travel and entertainment offers. It operates in three segments. Travelzoo North America segment consists of operations in Canada and the U.S.; Travelzoo Europe segment consists of operations in France, Germany, Spain, and the U.K.; and Jack's Flight Club segment consists of subscription revenue from premium members to access and receive flight deals from Jack's Flight Club via email or via Android or Apple mobile applications. It derives its revenue through advertising fees including listing fees paid by travel, entertainment, and local businesses to advertise their offers on the company's media properties. Most of the company's revenue is derived from North America.
Executives
Azzurro Capital Inc 10 percent owner C/O MOORE STEPHENS, PO BOX 743, SUITE 5, WATERGARDENS 4 J1 GX11 1AA
Ralph Bartel director, 10 percent owner CASELLA POSTALE 823, 6612 ASCONA V8 6612
Lijun Qi officer: Principal Accounting Officer 800 W EL CAMINO REAL, MOUNTAIN VIEW CA 94040
Holger Bartel officer: Executive Vice President
Ralph Bartel 2005 Trust 10 percent owner C/O FEDELTA TRUST LIMITED, 29/31 ATHOL STREET, OMAR HOUSE BLDG, ISLE OF MAN X0 1M11LB
Lisa Su officer: Controller 924 AURA CT, LOS ALTOS CA 94024
Christina Sindoni Ciocca director 590 MADISON AVENUE, 37TH FLOOR, NEW YORK NY 10022
Christian Alexander Smart other: Travelzoo GM, Germany PARISER PLATZ 4A, BERLIN 2M 10117
Rachel Barnett director, officer: General Counsel 69 VALLEY ROAD, KATONAH NY 10536
Carrie Liqun Liu director 2#1707 NO.6 ZUOJIAZHUANGZHONGJIE, BEIJING F4 100028
Michael Stitt officer: President, North America 590 MADISON AVENUE, 37TH FLOOR, NEW YORK NY 10022
Hong (hong Wei) Vivian officer: President, Asia Pacific ROOM 102, BLDG 5, NO.169, MENGZI ROAD, HUANGPU DISTRICT, SHANGHAI F4 200023
Caroline J Tsay director C/O ROSETTA STONE INC., 1919 NORTH LYNN STREET, 7TH FLOOR, ARLINGTON VA 22209
Beatrice Tarka director 800 WEST EL CAMINO REAL, SUITE 275, MOUNTAIN VIEW CA 94040
Simon Talling-smith officer: President, Products&Emerg.Biz. 558 VALLEY STREET, SAN FRANCISCO CA 94131