Trip.com
TCOM
#680
Rank
$28.84 B
Marketcap
$43.89
Share price
0.57%
Change (1 day)
21.55%
Change (1 year)
Trip.com Group Limited is a Chinese provider of travel services including accommodation reservation, transportation ticketing, packaged tours and corporate travel management. The company owns and operates the web portals Trip.com, Skyscanner and Qunar.

P/E ratio for Trip.com (TCOM)

P/E ratio as of March 2024 (TTM): 31.1

According to Trip.com's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.0627. At the end of 2022 the company had a P/E ratio of 118.

P/E ratio history for Trip.com from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022118-155.09%
2021-213366.2%
2020-45.8-347.56%
201918.5-76.22%
201877.814.51%
201767.9-188.17%
2016-77.0-329.83%
201533.5-78.18%
2014154283.3%
201340.17.02%
201237.4128.1%
201116.4-55.26%
201036.7-13.63%
200942.5112.11%
200820.0-71.37%
200770.0-14.91%
200682.2115.41%
200538.2-13.12%
200443.9-95.94%
2003> 1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-27.6-188.80%๐Ÿ‡ฎ๐Ÿ‡ณ India

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.