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Tongcheng Travel Holdings Stock

Tongcheng Travel Holdings P/S 2024

Tongcheng Travel Holdings P/S

2.2

Ticker

780.HK

ISIN

KYG8918W1069

WKN

A2N9FG

As of Dec 24, 2024, Tongcheng Travel Holdings's P/S ratio stood at 2.2, a -19.71% change from the 2.74 P/S ratio recorded in the previous year.

The Tongcheng Travel Holdings P/S history

Tongcheng Travel Holdings Aktienanalyse

What does Tongcheng Travel Holdings do?

Tongcheng-Elong Holdings Ltd is a Chinese tourism company founded in 2004. The company was formed through the merger of Tongcheng and Elong in November 2017 and has been listed on the Hong Kong Stock Exchange since then. The company is a major online travel arranger and operates travel websites such as Tongcheng.com, Elong.com, and Alitrip. Tongcheng-Elong's business model is based on facilitating travel services such as flight tickets, train tickets, hotels, travel packages, and the like. The company is particularly strong in the Chinese market and has expanded significantly in recent years. It offers customers the convenience and speed of booking travel services online, which has helped it gain a significant position in the Chinese market. Tongcheng-Elong is divided into various divisions. Elong, a company from the early days of the Chinese internet industry, was already successful in booking hotel and travel services in the 2000s, and the Tongcheng Group had gained extensive experience in facilitating travel services in the train ticket market. After the merger, the company expanded its offerings, including its own hotel chain called Tongcheng Hotels, which utilizes online platforms for distribution. The company also includes Youlian Express, an express package delivery service. Tongcheng-Elong is a leading player in the Chinese travel services market. Over the years, the company has built a strong network and close relationships with other companies, allowing it to offer customers a wide range of services that provide a convenient and fast way to plan and book travel. Particularly in the online travel market, Tongcheng-Elong is one of the key players in China. The company offers customers a wide range of products and services, including flight tickets, train tickets, hotels, travel packages, cruises, and more. It also has its own hotel chain, Tongcheng Hotels, which provides a convenient way to book hotels directly online. Apart from travel services, Tongcheng-Elong also offers other services, such as Youlian Express, a parcel delivery service. Youlian Express utilizes Tongcheng-Elong's online platforms for package distribution. Tongcheng-Elong also works closely with Alitrip, a travel website operated by Alibaba. Overall, Tongcheng-Elong Holdings Ltd is one of the largest online travel companies in China. The company offers a wide range of services and has a strong network of partners. Customers can easily and conveniently book travel services online, saving time and effort. The company has a significant presence in China and contributes to the growth of the tourism industry. Tongcheng Travel Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Tongcheng Travel Holdings's P/S Ratio

Tongcheng Travel Holdings's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Tongcheng Travel Holdings's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Tongcheng Travel Holdings's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Tongcheng Travel Holdings’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Tongcheng Travel Holdings stock

What is the price-to-earnings ratio of Tongcheng Travel Holdings?

The price-earnings ratio of Tongcheng Travel Holdings is currently 2.2.

How has the price-earnings ratio of Tongcheng Travel Holdings changed compared to last year?

The price-to-earnings ratio of Tongcheng Travel Holdings has increased by -19.71% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Tongcheng Travel Holdings high compared to other companies?

Yes, the price-to-earnings ratio of Tongcheng Travel Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of Tongcheng Travel Holdings affect the company?

An increase in the price-earnings ratio of Tongcheng Travel Holdings would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Tongcheng Travel Holdings affect the company?

A decrease in the price-earnings ratio of Tongcheng Travel Holdings would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Tongcheng Travel Holdings?

Some factors that influence the price-earnings ratio of Tongcheng Travel Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Tongcheng Travel Holdings pay?

Over the past 12 months, Tongcheng Travel Holdings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Tongcheng Travel Holdings is expected to pay a dividend of 0.72 CNY.

What is the dividend yield of Tongcheng Travel Holdings?

The current dividend yield of Tongcheng Travel Holdings is .

When does Tongcheng Travel Holdings pay dividends?

Tongcheng Travel Holdings pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Tongcheng Travel Holdings?

Tongcheng Travel Holdings paid dividends every year for the past 0 years.

What is the dividend of Tongcheng Travel Holdings?

For the upcoming 12 months, dividends amounting to 0.72 CNY are expected. This corresponds to a dividend yield of 3.9 %.

In which sector is Tongcheng Travel Holdings located?

Tongcheng Travel Holdings is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Tongcheng Travel Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongcheng Travel Holdings from 7/19/2024 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did Tongcheng Travel Holdings pay the last dividend?

The last dividend was paid out on 7/19/2024.

What was the dividend of Tongcheng Travel Holdings in the year 2023?

In the year 2023, Tongcheng Travel Holdings distributed 0 CNY as dividends.

In which currency does Tongcheng Travel Holdings pay out the dividend?

The dividends of Tongcheng Travel Holdings are distributed in CNY.

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Andere Kennzahlen von Tongcheng Travel Holdings

Our stock analysis for Tongcheng Travel Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tongcheng Travel Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.