Booking Holdings Inc.
BKNG Consumer Cyclical Travel Services
Booking Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $26.9 billion, up 13.4% from fiscal 2024. In the quarter to June 2026, revenue grew 8.15%, EPS grew 130.6%, free cash flow grew 16.1% and total debt rose 9.25%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years, revenue growth for five, operating cash flow growth for five.
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Booking Holdings Inc. (BKNG) P/B ratio
Booking Holdings Inc. has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 97.4× (May 2023) — the current reading is the lowest in ten years.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 29.1× | 82.74% |
| FY2021 | 15.9× | (14.54%) |
| FY2020 | 18.7× | 25.06% |
| FY2019 | 14.9× | 60.31% |
| FY2018 | 9.3× | 19.81% |
| FY2017 | 7.8× | 4.28% |
| FY2016 | 7.4× | 0.84% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| MMYT MakeMyTrip Limited compare | n/m |
| BKNG Booking Holdings Inc. | n/m |
| TCOM Trip.com Group Limited Sponsored ADR compare | 1.0× |
| CCL Carnival Corporation compare | 2.5× |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 2.7× |
| RCL Royal Caribbean Cruises Ltd. compare | 7.1× |
| ABNB Airbnb, Inc. compare | 13.2× |
| EXPE Expedia Group, Inc. compare | 14.1× |
| VIK Viking Holdings Ltd. compare | 22.5× |
| Travel Services industry median | 2.6× |
| Consumer Cyclical sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on BKNG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement