Trip.com Group Limited
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
0.420.352.02
Price/Sales ratio
0.090.080.52
Earnings per Share (EPS)
$154.02$183.70$31.99

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
159.4336.25-91.8674.2291.5521.37-83.70-133.4277.0317.29114.0291.55
Price/Sales ratio
5.268.346.835.933.284.207.224.937.503.857.983.28
Price/Book Value ratio
4.062.041.831.871.171.441.310.901.331.401.421.17
Price/Cash Flow ratio
19.7529.8124.9222.4914.3020.44-34.5939.9456.967.7931.3114.30
Price/Free Cash Flow ratio
-13.6338.0228.6724.1815.8923.06-30.3651.9270.208.0134.5815.89
Price/Earnings Growth ratio
-2.080.040.67-0.31-1.840.040.692.40-0.210.040.32-1.84
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
71.40%72.07%75.40%82.53%79.57%79.33%77.99%77.03%77.47%81.75%77.47%79.33%
Operating Profit Margin
-2.05%3.49%-8.15%10.92%8.41%26.11%-5.86%-1.59%14.26%25.44%0.43%26.11%
Pretax Profit Margin
1.84%27.57%-9.15%13.09%6.20%25.47%-6.68%-2.35%13.14%23.99%13.14%6.20%
Net Profit Margin
3.30%23.01%-7.44%7.99%3.59%19.65%-8.62%-3.70%9.74%22.28%7.00%3.59%
Effective Tax Rate
96.59%15.64%-27.15%36.51%41.28%19.17%-28.97%-57.32%25.88%16.38%25.88%25.88%
Return on Assets
0.77%2.11%-0.99%1.32%0.59%3.50%-0.84%-0.38%1.01%4.52%0.73%0.59%
Return On Equity
2.54%5.62%-2%2.52%1.28%6.77%-1.57%-0.67%1.73%8.11%1.27%6.77%
Return on Capital Employed
-0.81%0.44%-1.37%2.44%2.22%7.11%-0.83%-0.25%2.12%7.71%0.06%7.11%
Liquidity Ratios
Current Ratio
1.341.201.511.401.150.980.99N/AN/AN/A1.070.98
Quick Ratio
1.261.131.451.361.090.950.990.991.071.220.860.95
Cash ratio
0.410.570.600.430.310.280.330.320.320.570.320.31
Days of Sales Outstanding
91.28114.04100.2377.9486.16105.12111.07113.29127.57115.4799.9286.16
Days of Inventory outstanding
178.95274.26134.62136.44244.9490.30N/AN/AN/AN/AN/A90.30
Operating Cycle
270.23388.30234.85214.39331.11195.43111.07113.29127.57115.4724.63195.43
Days of Payables Outstanding
401.36712.92561.71581.96676.09619.53429.83488.75624.77739.75612.16619.53
Cash Conversion Cycle
-131.13-324.61-326.85-367.56-344.97-424.10-318.75-375.46-497.20-624.27-512.23-424.10
Debt Ratios
Debt Ratio
0.370.270.280.280.320.250.300.260.120.200.410.32
Debt Equity Ratio
1.220.720.580.530.680.480.560.460.220.360.700.68
Long-term Debt to Capitalization
0.450.290.320.250.210.150.180.090.100.130.130.15
Total Debt to Capitalization
0.540.420.360.340.400.320.350.310.180.260.290.32
Interest Coverage Ratio
-1.141.25-2.202.111.682.88-0.82N/AN/AN/A0.052.88
Cash Flow to Debt Ratio
0.160.090.120.150.110.14-0.060.040.100.480.110.14
Company Equity Multiplier
3.282.662.011.912.141.931.861.741.701.791.701.93
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.260.270.270.260.220.20-0.200.120.130.490.250.22
Free Cash Flow / Operating Cash Flow Ratio
-1.440.780.860.930.900.881.130.760.810.970.900.90
Cash Flow Coverage Ratio
0.160.090.120.150.110.14-0.060.040.100.480.110.14
Short Term Coverage Ratio
0.550.210.760.430.200.24-0.110.060.220.850.170.24
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A