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Tripadvisor (Tripadvisor) Cyclically Adjusted PS Ratio : 2.41 (As of Apr. 28, 2024)


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What is Tripadvisor Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Tripadvisor's current share price is $27.45. Tripadvisor's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.37. Tripadvisor's Cyclically Adjusted PS Ratio for today is 2.41.

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

TRIP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.31   Max: 6.68
Current: 2.31

During the past years, Tripadvisor's highest Cyclically Adjusted PS Ratio was 6.68. The lowest was 1.26. And the median was 2.31.

TRIP's Cyclically Adjusted PS Ratio is ranked worse than
65.81% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs TRIP: 2.31

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.

Tripadvisor's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.438. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $11.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tripadvisor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tripadvisor's Cyclically Adjusted PS 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.

Tripadvisor Cyclically Adjusted PS Ratio Chart

Tripadvisor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 3.20 2.81 1.69 1.89

Tripadvisor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 1.69 1.83 1.48 1.46 1.89

Competitive Comparison of Tripadvisor's Cyclically Adjusted PS Ratio

For the Travel Services subindustry, Tripadvisor'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.


Tripadvisor's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Tripadvisor's Cyclically Adjusted PS Ratio falls into.



Tripadvisor Cyclically Adjusted PS Ratio Calculation

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

Tripadvisor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.45/11.37
=2.41

* 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.

Tripadvisor's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tripadvisor'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)
=2.438/129.4194*129.4194
=2.438

Current CPI (Dec. 2023) = 129.4194.

Tripadvisor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.925 99.695 2.499
201406 2.212 100.560 2.847
201409 2.425 100.428 3.125
201412 1.973 99.070 2.577
201503 2.486 99.621 3.230
201506 2.774 100.684 3.566
201509 2.842 100.392 3.664
201512 2.116 99.792 2.744
201603 2.395 100.470 3.085
201606 2.660 101.688 3.385
201609 2.864 101.861 3.639
201612 2.150 101.863 2.732
201703 2.566 102.862 3.228
201706 3.007 103.349 3.766
201709 3.158 104.136 3.925
201712 2.343 104.011 2.915
201803 2.700 105.290 3.319
201806 3.093 106.317 3.765
201809 3.248 106.507 3.947
201812 2.471 105.998 3.017
201903 2.667 107.251 3.218
201906 2.993 108.070 3.584
201909 3.057 108.329 3.652
201912 2.376 108.420 2.836
202003 2.044 108.902 2.429
202006 0.440 108.767 0.524
202009 1.127 109.815 1.328
202012 0.859 109.897 1.012
202103 0.904 111.754 1.047
202106 1.715 114.631 1.936
202109 2.104 115.734 2.353
202112 1.759 117.630 1.935
202203 1.884 121.301 2.010
202206 2.866 125.017 2.967
202209 3.144 125.227 3.249
202212 2.329 125.222 2.407
202303 2.623 127.348 2.666
202306 3.404 128.729 3.422
202309 3.727 129.860 3.714
202312 2.438 129.419 2.438

Add all the adjusted revenue per share together and divide 10 will get our 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.


Tripadvisor  (NAS:TRIP) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Tripadvisor Cyclically Adjusted PS Ratio Related Terms

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


Tripadvisor (Tripadvisor) 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).
Executives
Seth J Kalvert officer: SVP, GC, Sec. C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Michael Noonan officer: CFO & SVP C/O TRIPADVISOR, INC., 400 1ST AVENUE, NEEDHAM MA 02494
Geoffrey Gouvalaris other: Chief Accounting Officer 400 1ST AVENUE, NEEDHAM MA 02494
Ernst 02494 Teunissen officer: Chief Financial Officer C/O TRIPADVISOR, INC., 400 1ST AVENUE, NEEDHAM HEIGHTS MA 02494
Matt Goldberg director, officer: CEO and President 2 WISCONSIN CIRCLE, 7TH FLOOR, CHEVY CHASE MD 20815
Jay C Hoag director 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Gregory B Maffei director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Kanika Soni officer: Chief Commercial Officer C/O TRIPADVISOR INC., 400 1ST AVENUE, NEEDHAM MA 02494
Liberty Tripadvisor Holdings, Inc. 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Jie Sun director BUILDING 16#, NO. 968 JIN ZHONG ROAD, SHANGHAI F4 200335
Lindsay Nelson officer: Chief Experience&Brand Officer C/O TRIPADVISOR INC., 400 FIRST AVENUE, NEEDHAM MA 02494
Pemrose Corp director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Ltrip Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Holdings (blockable) Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017
Certares Holdings Llc director 350 MADISON AVENUE 8TH FLOOR, NEW YORK NY 10017