GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Expedia Group Inc (NAS:EXPE) » Definitions » Cyclically Adjusted PB Ratio

Expedia Group (Expedia Group) Cyclically Adjusted PB Ratio : 4.63 (As of May. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Expedia Group Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Expedia Group's current share price is $110.31. Expedia Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $23.80. Expedia Group's Cyclically Adjusted PB Ratio for today is 4.63.

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

EXPE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 4.9   Max: 9.04
Current: 4.64

During the past years, Expedia Group's highest Cyclically Adjusted PB Ratio was 9.04. The lowest was 1.75. And the median was 4.90.

EXPE's Cyclically Adjusted PB Ratio is ranked worse than
85.23% of 596 companies
in the Travel & Leisure industry
Industry Median: 1.405 vs EXPE: 4.64

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.

Expedia Group's adjusted book value per share data for the three months ended in Mar. 2024 was $6.665. 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 $23.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expedia Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Expedia Group'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.

Expedia Group Cyclically Adjusted PB Ratio Chart

Expedia Group 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 4.58 5.77 7.81 3.67 6.40

Expedia Group 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 4.03 4.54 4.29 6.40 5.79

Competitive Comparison of Expedia Group's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, Expedia Group'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.


Expedia Group's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



Expedia Group 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.

Expedia Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.31/23.8
=4.63

* 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.

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

For example, Expedia Group'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)
=6.665/131.7762*131.7762
=6.665

Current CPI (Mar. 2024) = 131.7762.

Expedia Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.735 100.560 19.309
201409 14.896 100.428 19.546
201412 14.042 99.070 18.678
201503 13.050 99.621 17.262
201506 16.350 100.684 21.399
201509 18.805 100.392 24.684
201512 32.373 99.792 42.749
201603 30.924 100.470 40.560
201606 28.092 101.688 36.404
201609 25.913 101.861 33.523
201612 27.543 101.863 35.631
201703 27.088 102.862 34.702
201706 27.849 103.349 35.509
201709 30.236 104.136 38.262
201712 29.808 104.011 37.765
201803 27.817 105.290 34.815
201806 26.521 106.317 32.872
201809 29.393 106.507 36.367
201812 27.893 105.998 34.676
201903 27.451 107.251 33.728
201906 29.040 108.070 35.410
201909 28.758 108.329 34.982
201912 27.819 108.420 33.812
202003 16.102 108.902 19.484
202006 12.279 108.767 14.877
202009 11.539 109.815 13.847
202012 10.516 109.897 12.610
202103 8.232 111.754 9.707
202106 7.272 114.631 8.360
202109 10.585 115.734 12.052
202112 13.216 117.630 14.805
202203 13.229 121.301 14.371
202206 12.123 125.017 12.778
202209 14.493 125.227 15.251
202212 14.894 125.222 15.674
202303 12.245 127.348 12.671
202306 12.181 128.729 12.469
202309 11.962 129.860 12.139
202312 11.193 129.419 11.397
202403 6.665 131.776 6.665

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.


Expedia Group  (NAS:EXPE) 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.


Expedia Group Cyclically Adjusted PB Ratio Related Terms

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


Expedia Group (Expedia Group) Business Description

Address
1111 Expedia Group Way W, Seattle, WA, USA, 98119
Expedia is the world's second largest online travel agency by bookings, offering services for lodging (76% of total 2022 sales), air tickets (3%), rental cars, cruises, in-destination, and other (14%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
Executives
Dara Khosrowshahi officer: Chief Executive Officer C/O INTERACTIVE CORP, 152 WEST 57TH ST, NEW YORK NY 10019
Lance A Soliday officer: Chief Accounting Officer C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Robert J Dzielak officer: EVP, Gen. Counsel & Sec. C/O EXPEDIA, INC., 333 108TH AVE NE, BELLEVUE WA 98004
Alexandr Wang director C/O EXPEDIA GROUP, INC., 1111 EXPEDIA GROUP WAY W., SEATTLE WA 98119
Madhumita Moina Banerjee director C/O JBG SMITH PROPERTIES, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Henrique Vasoncelos Dubugras director 1000 LAUREL WAY, BEVERLY HILLS CA 90210
Jonathan L Dolgen director CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Patricia Menendez-cambo director C/O EXPEDIA GROUP, INC., 1111 EXPEDIA GROUP WAY W., SEATTLE WA 98119
Peter M Kern director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Susan C Athey director C/O EXPEDIA, INC., 333 108TH AVE NE, BELLEVUE WA 98004
Beverly J Anderson director 1550 PEACHTREE STREET NW, ATLANTA GA 30309
A George Battle director 600 TOWNSEND ST, SUITE 500, SAN FRANCISCO CA 94103
Slp V Fort Gp I, L.l.c. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp V Fort Holdings I, L.p. director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Fort Aggregator Ii, L.p director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025

Expedia Group (Expedia Group) Headlines

From GuruFocus

Q3 2023 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2020 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Expedia Group Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q2 2020 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 Expedia Group Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024