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Trip.com Group (Trip.com Group) Shiller PE Ratio : (As of Apr. 30, 2024)


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What is Trip.com Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trip.com Group Shiller PE Ratio Historical Data

The historical data trend for Trip.com Group's Shiller 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 Shiller PE Ratio Chart

Trip.com Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.35 77.44 70.92 99.20 -

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
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.20 92.09 86.24 73.04 -

Competitive Comparison of Trip.com Group's Shiller PE Ratio

For the Travel Services subindustry, Trip.com Group's Shiller PE Ratio, along with its competitors' market caps and Shiller 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's Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

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



Trip.com Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Trip.com Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Trip.com Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.272/114.6694*114.6694
=0.272

Current CPI (Dec. 2023) = 114.6694.

Trip.com Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.061 98.600 0.071
201406 0.070 98.200 0.082
201409 0.112 98.900 0.130
201412 -0.129 99.000 -0.149
201503 -0.072 99.900 -0.083
201506 0.073 99.500 0.084
201509 1.041 100.500 1.188
201512 0.030 100.600 0.034
201603 -0.536 102.200 -0.601
201606 -0.171 101.400 -0.193
201609 0.007 102.400 0.008
201612 0.171 102.600 0.191
201703 0.014 103.200 0.016
201706 0.095 103.100 0.106
201709 0.359 104.100 0.395
201712 0.095 104.500 0.104
201803 0.287 105.300 0.313
201806 0.601 104.900 0.657
201809 -0.303 106.600 -0.326
201812 -0.315 106.500 -0.339
201903 1.110 107.700 1.182
201906 -0.105 107.700 -0.112
201909 0.190 109.800 0.198
201912 0.460 111.200 0.474
202003 -1.279 112.300 -1.306
202006 -0.113 110.400 -0.117
202009 0.383 111.700 0.393
202012 0.252 111.500 0.259
202103 0.442 112.662 0.450
202106 -0.159 111.769 -0.163
202109 -0.204 112.215 -0.208
202112 -0.203 113.108 -0.206
202203 -0.240 114.335 -0.241
202206 0.015 114.558 0.015
202209 0.058 115.339 0.058
202212 0.448 115.116 0.446
202303 0.728 115.116 0.725
202306 0.131 114.558 0.131
202309 0.937 115.339 0.932
202312 0.272 114.669 0.272

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


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

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Trip.com Group Shiller PE Ratio Related Terms

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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.