Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Trip.com GroupFRA:CLVB -1.03%76 Equity-to-Asset is 0.63 as of Mar. 2026, which is 19% above its 10-year median of 0.53. GuruFocus rates FRA:CLVB with a GF Score™ of 76/100 and a GF Value™ of €64.23 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 859 Travel & Leisure companies, Trip.com Group ranks better than 67.17% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trip.com Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €20,726 Mil. Trip.com Group's Total Assets for the quarter that ended in Mar. 2026 was €33,035 Mil.
Therefore, Trip.com Group's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.63.
The historical rank and industry rank for Trip.com Group's Equity-to-Asset or its related term are showing as below:
FRA:CLVB'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.53 Max: 0.64
Current: 0.63
During the past 13 years, the highest Equity to Asset Ratio of Trip.com Group was 0.64. The lowest was 0.46. And the median was 0.53.
FRA:CLVB's Equity-to-Asset is ranked better than 67.17% of 859
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs FRA:CLVB: 0.63
Trip.com Group (FRA:CLVB) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Trip.com Group Equity-to-Asset Related Terms
Trip.com Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Trip.com Group's Equity-to-Asset 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.
FRA:CLVB vs EXPE, CCL, VIK: Equity-to-Asset Comparison
For the Travel Services subindustry, Trip.com Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Trip.com Group's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Trip.com Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Trip.com Group (FRA:CLVB) has a Equity-to-Asset of 0.63 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Trip.com Group and its competitors. This is 19% above median its historical median of 0.53. Over the past decade, Trip.com Group's Equity-to-Asset has ranged from 0.46 to 0.64. According to the industry distribution chart, Trip.com Group ranks #282 out of 859 companies in the Travel & Leisure industry, placing it in the top 32.8%.
Is Trip.com Group's Equity-to-Asset too high?
Trip.com Group's current Equity-to-Asset of 0.63 is 19% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.64. The Travel & Leisure industry median Equity-to-Asset is 0.51. Trip.com Group's value of 0.63 is 23.5% above this industry median. Based on the distribution chart, Trip.com Group ranks #282 out of 859 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Trip.com Group has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trip.com Group's Equity-to-Asset compare to EXPE and CCL?
According to the Travel & Leisure industry distribution chart, Trip.com Group ranks #282 out of 859 companies for Equity-to-Asset. This puts Trip.com Group in the upper half of its industry. The industry median Equity-to-Asset is 0.51. Trip.com Group's value of 0.63 is 23.5% above this benchmark. Historically, Trip.com Group's own Equity-to-Asset has ranged from 0.46 to 0.64 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.51, Trip.com Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trip.com Group's current Equity-to-Asset of 0.63 is 23.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Trip.com Group and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trip.com Group's current Equity-to-Asset is 0.63, which is 19% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trip.com Group stock overvalued right now?
Based on GuruFocus' analysis, Trip.com Group (FRA:CLVB) is currently considered Significantly Undervalued. The stock's GF Value™ is €64.23, compared to a current price of €38.60 — trading 39.9% below its estimated fair value. The current Equity-to-Asset is 0.63, which is 19% above median its 10-year median of 0.53 and 23.5% above the Travel & Leisure industry median of 0.51. Trip.com Group's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Trip.com Group (FRA:CLVB), the current Equity-to-Asset is 0.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Trip.com Group (FRA:CLVB) Overvalued in 2026?
Based on GuruFocus' analysis, Trip.com Group stock appears to be undervalued.
The current stock price of €38.60 is trading 39.9% below its estimated GF Value™ of €64.23.
GuruFocus considers Trip.com Group to be Significantly Undervalued.
Key valuation signals for FRA:CLVB:
Equity-to-Asset: 0.63 (19% above median its 10-year median of 0.53)
GF Value™: €64.23 vs. price of €38.60 (39.9% below fair value)
Industry Position: 23.5% above the Travel & Leisure median (#282 of 859)
No single metric tells the full story. See the FRA:CLVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 79% of sales from accommodation reservations and transportation ticketing in 2024. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international travel, which is important to its margin expansion. Most of sales come from its domestic platform, but the company is expanding its overseas business. 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.
76GF Score
Get the complete analysis for FRA:CLVB
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:CLVB has been successfully added to your 
