Price to Sales (P/S)
since 2005
Calculation
Expedia Group Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Revenue1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 11, 2022 | 3.48 | = | 192.12 | ÷ | 55.20 | 55.20 | = | 8,598 | ÷ | 155,754,357 | |
| Feb 12, 2021 | 4.05 | = | 146.51 | ÷ | 36.14 | 36.14 | = | 5,199 | ÷ | 143,864,551 | |
| Feb 14, 2020 | 1.42 | = | 122.80 | ÷ | 86.20 | 86.20 | = | 12,067 | ÷ | 139,989,125 | |
| Feb 8, 2019 | 1.72 | = | 130.80 | ÷ | 76.25 | 76.25 | = | 11,223 | ÷ | 147,190,304 | |
| Feb 9, 2018 | 1.57 | = | 104.00 | ÷ | 66.26 | 66.26 | = | 10,060 | ÷ | 151,833,402 | |
| Feb 10, 2017 | 2.09 | = | 122.65 | ÷ | 58.57 | 58.57 | = | 8,774 | ÷ | 149,808,388 | |
| Feb 11, 2016 | 2.33 | = | 103.37 | ÷ | 44.31 | 44.31 | = | 6,672 | ÷ | 150,580,455 | |
| Feb 6, 2015 | 1.71 | = | 77.87 | ÷ | 45.48 | 45.48 | = | 5,763 | ÷ | 126,720,006 | |
| Feb 7, 2014 | 2.02 | = | 74.45 | ÷ | 36.86 | 36.86 | = | 4,771 | ÷ | 129,458,472 | |
| Feb 6, 2013 | 2.21 | = | 65.70 | ÷ | 29.77 | 29.77 | = | 4,030 | ÷ | 135,388,187 | |
| Feb 10, 2012 | 1.30 | = | 33.54 | ÷ | 25.81 | 25.81 | = | 3,449 | ÷ | 133,646,188 | |
| Feb 11, 2011 | 1.74 | = | 42.62 | ÷ | 24.43 | 24.43 | = | 3,348 | ÷ | 137,030,466 | |
| Feb 11, 2010 | 2.08 | = | 42.54 | ÷ | 20.41 | 20.41 | = | 2,955 | ÷ | 144,824,896 | |
| Feb 19, 2009 | 0.77 | = | 15.80 | ÷ | 20.44 | 20.44 | = | 2,937 | ÷ | 143,669,924 | |
| Feb 22, 2008 | 2.62 | = | 48.84 | ÷ | 18.66 | 18.66 | = | 2,665 | ÷ | 142,798,949 | |
| Feb 28, 2007 | 2.87 | = | 42.52 | ÷ | 14.81 | 14.81 | = | 2,238 | ÷ | 151,120,285 | |
| Mar 31, 2006 | 3.33 | = | 40.54 | ÷ | 12.16 | 12.16 | = | 2,119 | ÷ | 174,334,549 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Expedia Group Inc. Annual Report.
The analysis of the financial data reveals several notable trends in the share price, sales per share, and price-to-sales (P/S) ratio over the given periods.
- Share Price
- The share price displayed significant volatility throughout the period. Initially, it was around $40.54 in early 2006, rising to a peak near $48.84 by early 2008 before experiencing a sharp decline to $15.8 in early 2009. Subsequently, there was a strong recovery and upward trajectory that continued steadily over the following years, reaching approximately $192.12 by early 2022. This demonstrates a substantial long-term increase despite short-term fluctuations.
- Sales Per Share
- Sales per share demonstrated consistent growth over most of the period. Starting at $12.16 in early 2006, it showed a steady increase until it reached a high of $86.2 by early 2020. Notably, there was a significant decline in fiscal year 2021, dropping to $36.14, likely reflecting an exceptional event or market disruption. However, sales per share appeared to recover substantially by early 2022, rising again to $55.2. Overall, the trend indicates healthy growth of sales performance with a temporary setback.
- Price-to-Sales (P/S) Ratio
- The P/S ratio experienced fluctuating levels across the years. It began at 3.33 in 2006, then declined steadily to a low point of 0.77 in early 2009, coinciding with the sharp drop in share price and likely broader market conditions. After 2009, the ratio mostly stabilized within a range of approximately 1.3 to 2.3 until 2020. A dramatic increase occurred from 2020 onwards, with the P/S ratio peaking at 4.05 in 2021 before slightly declining to 3.48 in early 2022. This spike suggests increased market valuation relative to sales during that period, which could reflect investor optimism or changes in market dynamics.
In summary, the data reflects strong sales growth supported by a general uptrend in share price over the long term, with some pronounced short-term volatility corresponding with market disruptions. The P/S ratio trends indicate varying market sentiment, with elevated valuations observed in the latest available years compared to the earlier periods. The temporary decline in sales per share during 2021 and subsequent rebound in 2022 highlight the presence of an extraordinary factor impacting performance in that fiscal year.
Comparison to Competitors
Expedia Group Inc., P/S, long-term trends, comparison to competitors
| Expedia Group Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Feb 11, 2022 | 3.48 | 3.41 | 2.39 | 1.46 | 2.48 |
| Feb 12, 2021 | 4.05 | 4.32 | 1.77 | 0.71 | 1.34 |
| Feb 14, 2020 | 1.42 | 3.56 | 1.94 | 1.23 | 1.66 |
| Feb 8, 2019 | 1.72 | 3.43 | 2.01 | 1.02 | 1.47 |
| Feb 9, 2018 | 1.57 | 3.89 | 1.88 | 1.08 | 1.53 |
| Feb 10, 2017 | 2.09 | 2.90 | 1.85 | 1.15 | 1.68 |
| Feb 11, 2016 | 2.33 | 2.58 | 1.77 | 1.26 | 1.65 |
| Feb 6, 2015 | 1.71 | 1.85 | 1.38 | 0.93 | 1.57 |
| Feb 7, 2014 | 2.02 | 2.21 | 1.39 | 0.82 | 1.33 |
| Feb 6, 2013 | 2.21 | 2.03 | 1.08 | 0.75 | 1.27 |
| Feb 10, 2012 | 1.30 | 1.70 | 0.89 | 0.73 | 0.89 |
| Feb 11, 2011 | 1.74 | 2.26 | 0.83 | 0.74 | 0.87 |
| Feb 11, 2010 | 2.08 | 2.27 | 0.59 | 0.56 | 0.56 |
| Feb 19, 2009 | 0.77 | 1.31 | 0.64 | 0.74 | 0.77 |
| Feb 22, 2008 | 2.62 | 2.11 | 0.80 | 1.02 | 0.69 |
| Feb 28, 2007 | 2.87 | 1.56 | 1.11 | 1.17 | 0.73 |
| Mar 31, 2006 | 3.33 | 1.93 | 1.11 | 1.14 | 0.79 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Expedia Group Inc., P/S, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| Expedia Group Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 11, 2022 | 3.48 | 2.94 |
| Feb 12, 2021 | 4.05 | 3.23 |
| Feb 14, 2020 | 1.42 | 2.73 |
| Feb 8, 2019 | 1.72 | 2.56 |
| Feb 9, 2018 | 1.57 | 2.67 |
| Feb 10, 2017 | 2.09 | 2.16 |
| Feb 11, 2016 | 2.33 | 1.97 |
| Feb 6, 2015 | 1.71 | 1.47 |
| Feb 7, 2014 | 2.02 | 1.52 |
| Feb 6, 2013 | 2.21 | 1.30 |
| Feb 10, 2012 | 1.30 | 1.06 |
| Feb 11, 2011 | 1.74 | 1.10 |
| Feb 11, 2010 | 2.08 | 0.83 |
| Feb 19, 2009 | 0.77 | 0.76 |
| Feb 22, 2008 | 2.62 | 0.96 |
| Feb 28, 2007 | 2.87 | 1.12 |
| Mar 31, 2006 | 3.33 | 1.14 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Discretionary)
Expedia Group Inc., P/S, long-term trends, comparison to industry (consumer discretionary)
| Expedia Group Inc. | Consumer Discretionary | |
|---|---|---|
| Feb 11, 2022 | 3.48 | 3.58 |
| Feb 12, 2021 | 4.05 | 3.81 |
| Feb 14, 2020 | 1.42 | 2.33 |
| Feb 8, 2019 | 1.72 | 2.05 |
| Feb 9, 2018 | 1.57 | 2.06 |
| Feb 10, 2017 | 2.09 | 1.68 |
| Feb 11, 2016 | 2.33 | 1.57 |
| Feb 6, 2015 | 1.71 | 1.32 |
| Feb 7, 2014 | 2.02 | 1.33 |
| Feb 6, 2013 | 2.21 | 1.06 |
| Feb 10, 2012 | 1.30 | 0.97 |
| Feb 11, 2011 | 1.74 | 0.96 |
| Feb 11, 2010 | 2.08 | 0.92 |
| Feb 19, 2009 | 0.77 | 0.66 |
| Feb 22, 2008 | 2.62 | 0.79 |
| Feb 28, 2007 | 2.87 | 0.86 |
| Mar 31, 2006 | 3.33 | 0.79 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).