EN DE
STOCK COMPARISON

Booking Holdings vs Expedia Group: Fair Value & Quality

Both stocks run through our valuation models. Here is how Booking Holdings (BKNG) and Expedia Group (EXPE) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees Expedia Group as the less overvalued of the two: Booking Holdings trades at $195 versus a fair value of $153 (-22%), while Expedia Group trades at $303 versus $249 (-18%).
Booking Holdings
BKNG · USD · Consumer Discretionary
-22%
upside to fair value
overvalued
Price$195
Fair Value$153
Quality88/100
Expedia Group
EXPE · USD · Consumer Discretionary
-18%
upside to fair value
overvalued
Price$303
Fair Value$249
Quality72/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Booking HoldingsExpedia Group
Valuation
24.1×P/E (TTM)23.9×
5.12×P/S (TTM)2.13×
P/B25.12×
13.6×EV/EBITDA11.5×
0.75×PEG0.89×
−21.6%Fair value upside−18.0%
0.8%Dividend yield0.6%
$1.58Dividend per share$1.68
Profitability
25%Operating margin7%
226%Return on equity71%
22%Return on assets6%
Growth
16%Revenue growth (YoY)15%
16.3%Avg. growth/yr (3Y)8.1%
31.7%Avg. growth/yr (5Y)23.2%
+44.2%Value creation/yr+39.1%
Balance & size
5.7×Interest coverage (EBIT/interest)7.2×
Debt / equity3.48×
$142BMarket cap$32B
healthyGrowth qualityhealthy

Booking Holdings leads: 7 to 5 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Booking Holdingsof which business quality 84 · market factors 47 Expedia Groupof which business quality 69 · market factors 69
ProfitabilityMargins and returns on capital today
87
65
Quality GrowthAre margins and returns improving?
43
48
CashflowEarnings quality: real cash, not paper profit
96
88
Fin. StrengthBalance sheet, leverage, solvency risk
83
37
InvestmentDisciplined investing over empire-building
92
87
Low VolatilityCalm price path (market factor)
54
34
MomentumPrice trend over the last 3–12 months (market factor)
48
81
52W MomentumDistance to the 52-week high (market factor)
38
91
Net IssuanceBuybacks instead of dilution
100
100

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyBooking HoldingsPrice $195Expedia GroupPrice $303
DCF Models+30%above the price$253+41%above the price$426
Earnings-Based-33%below the price$132-43%below the price$174
Dividend Discount-85%below the price$28.34-90%below the price$30.74
Multiples-21%below the price$153-30%below the price$212
Asset-Basedn/a-98%below the price$7.51
Growth DCF+19%above the price$231+59%above the price$483
Economic Profit-42%below the price$113-41%below the price$179
Growth Earnings-4%close to the price$187-24%below the price$229
Minimum-85%below the price$28.34-98%below the price$7.51
Maximum+30%above the price$253+59%above the price$483
Median-21%below the price$153-35%below the price$196
Geometric mean-32%below the price$132-58%below the price$128

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Booking Holdings: 14 of 23 models see the stock below the current price.

Expedia Group: 13 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Booking Holdings
Bear $114Fair Value $153Bull $192
$195 = current price (white tick)
Expedia Group
Bear $186Fair Value $249Bull $311
$303 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Booking Holdings · Consumer Discretionary

Quality score88 · Top 25%
Fair value upside-22% · below median

Expedia Group · Consumer Discretionary

Quality score72 · Top 25%
Fair value upside-18% · below median

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees Expedia Group as the less overvalued of the two: Booking Holdings trades at $195 versus a fair value of $153 (-22%), while Expedia Group trades at $303 versus $249 (-18%).

Booking Holdings has the higher quality score (88/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.