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Tripadvisor (HAM:T6A) E10 : €0.19 (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 €-0.396. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.19 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 (2024-05-24), Tripadvisor's current stock price is €16.84. Tripadvisor's E10 for the quarter that ended in Mar. 2024 was €0.19. Tripadvisor's Shiller PE Ratio of today is 88.63.

During the past 13 years, the highest Shiller PE Ratio of Tripadvisor was 130.71. The lowest was 13.89. And the median was 45.95.


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 1.01 0.64 0.53 0.43 0.28

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 0.33 0.30 0.28 0.28 0.19

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)
=-0.396/131.7762*131.7762
=-0.396

Current CPI (Mar. 2024) = 131.7762.

Tripadvisor Quarterly Data

per share eps CPI Adj_EPS
201406 0.346 100.560 0.453
201409 0.287 100.428 0.377
201412 0.203 99.070 0.270
201503 0.397 99.621 0.525
201506 0.356 100.684 0.466
201509 0.454 100.392 0.596
201512 0.018 99.792 0.024
201603 0.180 100.470 0.236
201606 0.205 101.688 0.266
201609 0.330 101.861 0.427
201612 0.009 101.863 0.012
201703 0.084 102.862 0.108
201706 0.169 103.349 0.215
201709 0.151 104.136 0.191
201712 -0.507 104.011 -0.642
201803 0.032 105.290 0.040
201806 0.197 106.317 0.244
201809 0.420 106.507 0.520
201812 0.044 105.998 0.055
201903 0.159 107.251 0.195
201906 0.212 108.070 0.259
201909 0.327 108.329 0.398
201912 0.099 108.420 0.120
202003 -0.109 108.902 -0.132
202006 -1.012 108.767 -1.226
202009 -0.306 109.815 -0.367
202012 -0.444 109.897 -0.532
202103 -0.496 111.754 -0.585
202106 -0.241 114.631 -0.277
202109 0.009 115.734 0.010
202112 -0.186 117.630 -0.208
202203 -0.218 121.301 -0.237
202206 0.199 125.017 0.210
202209 0.172 125.227 0.181
202212 -0.019 125.222 -0.020
202303 -0.486 127.348 -0.503
202306 0.157 128.729 0.161
202309 0.178 129.860 0.181
202312 0.211 129.419 0.215
202403 -0.396 131.776 -0.396

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


Tripadvisor  (HAM:T6A) 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
=16.84/0.19
=88.63

* 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 45.95.


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 (HAM:T6A) 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 (HAM:T6A) Headlines

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