Equity

Is Booking Holdings Inc. (BKNG) undervalued?

$175.35+0.82% todayNasdaqGS · USD · last traded 2026-09-14 20:00 UTC

Booking Holdings Inc. trades on a P/E of 1.06 against earnings growth of 29.4% a year over the last 3 years, giving a PEG ratio of 0.04 — below the 1.0 level conventionally read as inexpensive relative to growth.

Earnings figures are measured from BKNG’s filed annual accounts, not estimated. PEG compares price to earnings growth alone — it says nothing about debt, cash generation, or what an acquirer would pay. Read it alongside the figures below rather than on its own.

PEG ratio0.04
01.02.03.0+
Convention reads below 1.0 as inexpensive relative to growth and above 2.0 as expensive, though typical ranges differ sharply by sector.
P/E ratio1.06
earnings growth (3-year CAGR)29.4%
PEG ratio0.04
Measured from BKNG's filed annual accounts. Trailing, not forecast.
01

What it would cost to buy BKNG

Enterprise value is what it would cost to take the whole company: every share at today’s price, plus the debt an acquirer assumes, less the cash they receive. For Booking Holdings Inc. that is $134.72B.

Every term below is a line item from a filed statement. The numbers beside each one open the filing it came from — balance-sheet figures arrive already scaled, so there is no “in thousands” to catch you out.

751.4M shares · 10-Q cover page

market capitalisation$131.75B
total debt$20.18B
cash & equivalents$17.21B
enterprise value$134.72B
Balance-sheet terms as reported to 2026-06-30.
Enterprise-value multiples for Booking Holdings Inc.
MeasureValue
Diluted earnings per shareto 2025-12-31$165.57
P/E ratioto 2025-12-311.1
Earnings growth (3-year CAGR)to 2025-12-3129.4%
PEG ratioto 2025-12-310.0
Market capitalisationto 2026-07-27$131.75B
Total debtto 2026-06-30$20.18B
Net debtto 2026-06-30$2.97B
Enterprise valueto 2026-06-30$134.72B
EBITDAto 2025-12-31$9.45B
Free cash flowto 2025-12-31$9.09B
EV / EBITDAto 2025-12-3114.3×
EV / Salesto 2025-12-315.0×
Free cash flow yieldto 2025-12-316.9%
Net debt / EBITDAto 2025-12-310.3×
Return on capital employedto 2025-12-3193.9%

Earnings growth is measured across Booking Holdings Inc.’s own filed annual accounts. PEG conventionally uses forecast growth from analyst estimates; filings contain only history, so this is trailing growth and will read differently from a PEG quoted elsewhere.

02

Against the sector

No sector comparison: fewer than four companies in the reference set share BKNG’s industry classification.

03

Market ratios

Price-based ratios from market data. Anything drawn from a filed statement is in the enterprise-value section above, with its source.

Valuation and financial-health metrics for Booking Holdings Inc. (BKNG)
MetricValue
Price$175.35
PEGY ratio
Dividend yield0.96%
Price / book
Price / sales
Return on equity22573.7%
Profit margin
Operating margin
Debt / equity-187.15
Current ratio
Beta1.12
52-week range$150.14 – $225.00

Not reported for BKNG: pegy ratio, price / book, price / sales, profit margin, operating margin, current ratio. A dash means the figure was not available from the source, not that it is zero.

04

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05

About BKNG’s valuation

What is the PEG ratio for Booking Holdings Inc. (BKNG)?
Booking Holdings Inc. has a PEG ratio of 0.04, from a P/E of 1.06 and earnings growth of 29.4% a year measured across 3 years of filed accounts. That is below the 1.0 level conventionally read as inexpensive relative to growth. Note that PEG is conventionally quoted against forecast growth; this uses reported history, so it will differ from a PEG you see elsewhere.
Is BKNG undervalued right now?
That depends on the measure. On PEG, BKNG reads 0.04, below the 1.0 level conventionally read as inexpensive relative to growth. The PEG ratio compares price to earnings growth alone — it ignores debt, cash generation and asset backing, so it is a starting point rather than a conclusion. The enterprise-value measures above account for debt and cash; they often tell a different story.
What is the PEGY ratio for BKNG?
The PEGY ratio for Booking Holdings Inc. is —. PEGY adds the dividend yield of 0.96% to the growth rate in the denominator, which gives a fairer reading of companies returning cash as income rather than growth.
Where do these BKNG figures come from?
Market price and capitalisation come from live market data; earnings, growth and dividend figures come from Booking Holdings Inc.'s published financial statements. Every derived ratio on this page shows the arithmetic that produced it.

This page describes published financial data. It is not investment advice and makes no recommendation to buy or sell BKNG.