BKNG Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	124.24B EUR	135.11B EUR	131.36B EUR	170.8B EUR
Enterprise Value	123.91B EUR	138.59B EUR	134.28B EUR	172.89B EUR
Valuation Multiples
Trailing P/E	17.78x	18.74x	21.35x	33.68x
Forward P/E	12.95x	--	--	--
Price to Sales	4.4x	4.78x	4.74x	7.71x
Price to Book	--	--	--	--
EV/Revenue	4.39x	4.91x	4.85x	7.8x
EV/EBITDA	11.9x	12.41x	12.18x	18.18x
Price to FCF (P/FCF)	16.08x	14.16x	14.54x	28.83x
EV/FCF	16.04x	14.53x	14.87x	29.18x
FCF Yield	6.22%	7.06%	6.88%	3.47%