Trip.com Group (Trip.com Group) Price-to-Tangible-Book

: 4.65 (As of Today)

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As of today (2024-04-19), Trip.com Group's share price is $48.00. Trip.com Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $10.32. Hence, Trip.com Group's Price to Tangible Book Ratio of today is 4.65.

The historical rank and industry rank for Trip.com Group's Price-to-Tangible-Book or its related term are showing as below:

TCOM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.57 Med: 5.77 Max: 94.79
Current: 4.57

During the past 13 years, Trip.com Group's highest Price to Tangible Book Ratio was 94.79. The lowest was 2.57. And the median was 5.77.

TCOM's Price-to-Tangible-Book is ranked worse than
77.86% of 664 companies
in the Travel & Leisure industry
Industry Median: 1.88 vs TCOM: 4.57

A closely related ratio is called PB Ratio. As of today, Trip.com Group's share price is $48.00. Trip.com Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was $24.97. Hence, Trip.com Group's P/B Ratio of today is 1.92.

Trip.com Group Price-to-Tangible-Book Historical Data

The historical data trend for Trip.com Group's Price-to-Tangible-Book 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 4.37 [6] => 4.78 [7] => 2.70 [8] => 3.86 [9] => 3.44 )

Trip.com Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.37

4.78

2.70

3.86

3.44

Trip.com Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																3.86	3.81	3.56	3.39	3.43

Competitive Comparison

For the Travel Services subindustry, Trip.com Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Price-to-Tangible-Book falls into.

Trip.com Group Price-to-Tangible-Book Calculation

Trip.com Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	48.00	/	10.319
	=	4.65

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Trip.com Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Trip.com Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trip.com Group Ltd (NAS:TCOM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TRPCF:USA 09961:Hong Kong 0I50:UK CLVB:Germany CLVB:Germany CLV:Germany CLV:Germany CRIP34:Brazil

Address

968 Jin Zhong Road, Shanghai, CHN, 200335

Website

https://www.ctrip.com

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.