at the measurement point december 312016 what was the ratio of the booking holdings inc . to the nasdaqcomposite index
measurement point december 31 booking holdings nasdaq composite index s&p 500 rdg internet composite .

| Measurement PointDecember 31 | Booking Holdings Inc. | NASDAQComposite Index | S&P 500Index | RDG InternetComposite |
| :--- | :--- | :--- | :--- | :--- |
| 2012 | 100.00 | 100.00 | 100.00 | 100.00 |
| 2013 | 187.37 | 141.63 | 132.39 | 163.02 |
| 2014 | 183.79 | 162.09 | 150.51 | 158.81 |
| 2015 | 205.51 | 173.33 | 152.59 | 224.05 |
| 2016 | 236.31 | 187.19 | 170.84 | 235.33 |
| 2017 | 280.10 | 242.29 | 208.14 | 338.52 |

sales of unregistered securities between october 1 , 2017 and december 31 , 2017 , we issued 103343 shares of our common stock in connection with the conversion of $ 196.1 million principal amount of our 1.0% ( 1.0 % ) convertible senior notes due 2018 . the conversions were effected in accordance with the indenture , which provides that the principal amount of converted notes be paid in cash and the conversion premium be paid in cash and/or shares of common stock at our election . in each case , we chose to pay the conversion premium in shares of common stock ( fractional shares are paid in cash ) . the issuances of the shares were not registered under the securities act of 1933 , as amended ( the "act" ) pursuant to section 3 ( a ) ( 9 ) of the act. .

booking_holdings = 236.31
nasdaq_composite = 187.19
answer = booking_holdings / nasdaq_composite