EN DE
STOCK COMPARISON

Amazon.com vs Booking Holdings: Fair Value & Quality

Both stocks run through our valuation models. Here is how Amazon.com (AMZN) and Booking Holdings (BKNG) compare, as of Sep 21, 2026.

As of Sep 21, 2026, Fair Value Calculator sees Booking Holdings as the more attractively valued of the two: Amazon.com trades at $254 versus a fair value of $128 (-50%), while Booking Holdings trades at $168 versus $188 (+12%).
Amazon.com
AMZN · USD · Consumer Discretionary
-50%
upside to fair value
overvalued
Price$254
Fair Value$128
Quality54/100
Booking Holdings
BKNG · USD · Consumer Discretionary
+12%
upside to fair value
undervalued
Price$168
Fair Value$188
Quality88/100
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).

Amazon.comBooking Holdings
Valuation
29.3×P/E (TTM)24.1×
3.55×P/S (TTM)5.12×
6.42×P/B
16.8×EV/EBITDA13.6×
1.41×PEG0.75×
−49.7%Fair value upside+12.2%
Dividend yield0.8%
Dividend per share$1.58
Profitability
13%Operating margin25%
1.90×EBIT margin trend (5Y)
24%Return on equity226%
7%Return on assets22%
Growth
17%Revenue growth (YoY)16%
11.7%Avg. growth/yr (3Y)16.3%
13.2%Avg. growth/yr (5Y)31.7%
+27.7%Value creation/yr+44.2%
Balance & size
35.2×Interest coverage (EBIT/interest)5.7×
0.16×Debt / equity
$2.6TMarket cap$142B
expensiveGrowth qualityhealthy

Booking Holdings leads: 2 to 10 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.

Amazon.comof which business quality 55 · market factors 52 Booking Holdingsof which business quality 84 · market factors 36
ProfitabilityMargins and returns on capital today
65
87
Quality GrowthAre margins and returns improving?
52
43
CashflowEarnings quality: real cash, not paper profit
44
96
Fin. StrengthBalance sheet, leverage, solvency risk
80
83
InvestmentDisciplined investing over empire-building
3
92
Low VolatilityCalm price path (market factor)
42
53
MomentumPrice trend over the last 3–12 months (market factor)
56
38
52W MomentumDistance to the 52-week high (market factor)
57
15
Net IssuanceShare count: buybacks or dilution?
66
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 familyAmazon.comPrice $254Booking HoldingsPrice $168
DCF Models-39%below the price$155+51%above the price$253
Earnings-Based-27%below the price$184-22%below the price$132
Dividend Discountn/a-83%below the price$28.34
Multiples-49%below the price$129-9%close to the price$153
Asset-Based-90%below the price$25.60n/a
Growth DCF-73%below the price$69.38+38%above the price$231
Economic Profit-64%below the price$90.56-33%below the price$113
Growth Earnings-6%close to the price$239+11%close to the price$187
Minimum-90%below the price$25.60-83%below the price$28.34
Maximum-6%close to the price$239+51%above the price$253
Median-49%below the price$129-9%close to the price$153
Geometric mean-59%below the price$105-21%below the price$132

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%.

Amazon.com: 23 of 24 models see the stock below the current price.

Booking Holdings: 13 of 23 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Amazon.com
Price $254
Fair Value $128
Bear $69.09Bull $209
Booking Holdings
Price $168
Fair Value $188
Bear $132Bull $245

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.

Amazon.com · Consumer Discretionary

Quality score54 · above median
Fair value upside-50% · bottom 25%

Booking Holdings · Consumer Discretionary

Quality score88 · Top 25%
Fair value upside+12% · above median

Bottom line

As of Sep 21, 2026, Fair Value Calculator sees Booking Holdings as the more attractively valued of the two: Amazon.com trades at $254 versus a fair value of $128 (-50%), while Booking Holdings trades at $168 versus $188 (+12%).

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.