GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (NAS:TCOM) » Definitions » Forward PE Ratio

Trip.com Group (Trip.com Group) Forward PE Ratio

: 20.37 (As of Today)
View and export this data going back to 2003. Start your Free Trial

Trip.com Group's Forward PE Ratio for today is 20.37.

Trip.com Group's PE Ratio without NRI for today is 17.68.

Trip.com Group's PE Ratio for today is 23.21.


Trip.com Group Forward PE Ratio Historical Data

The historical data trend for Trip.com Group's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trip.com Group Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
41.49 60.24 40.82 24.51 21.65 46.08 41.67 36.90 16.42 20.70

Trip.com Group Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 41.49 38.02 151.52 60.61 60.24 45.05 58.48 40.32 40.82 47.39 51.81 30.40 24.51 35.34 31.95 18.80 21.65 133.33 25.25 46.08 100.00 99.01 19.96 41.67 53.48 81.30 27.93 36.90 31.95 21.69 15.90 16.42 18.55

Competitive Comparison

For the Travel Services subindustry, Trip.com Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trip.com Group Forward PE Ratio Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Forward PE Ratio falls into.



Trip.com Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Trip.com Group  (NAS:TCOM) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Trip.com Group Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Trip.com Group's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Trip.com Group (Trip.com Group) Business Description

Address
968 Jin Zhong Road, Shanghai, CHN, 200335
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.