Trip.com (TCOM) Price to Book (2009 - 2026)
Trip.com's (TCOM) Price to Book stood at 1.09 in Q2 2026, down 40.8% from 1.85 a year earlier and down 18.4% from the prior quarter.
Powered by 
Analysis
Trip.com (TCOM) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Trip.com's Price to Book came in at 1.89, down 17.4% from FY2024.
- Across earlier years, Price to Book came in at 2.29 in FY2024 (+71.3%), 1.34 in FY2023 (-1.3%), 1.36 in FY2022 (+48.9%) and 0.91 in FY2021 (-29.9%).
- The Q2 2026 figure is the lowest quarterly Price to Book since Q2 2022.
- On a year-over-year basis, Price to Book has declined for three consecutive quarters, with growth averaging 8.4% over the last eight quarters.
- Peak year-over-year performance for Price to Book in the last five years was growth of 66.8% in Q1 2023, against a decline of 42.9% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.34 (Q1 2026), 1.92 (Q4 2025) and 2.06 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 |
| Mar 31, 2026 | 1.34 |
| Dec 31, 2025 | 1.92 |
| Sep 30, 2025 | 2.06 |
| Jun 30, 2025 | 1.85 |
| Mar 31, 2025 | 2.06 |
| Dec 31, 2024 | 2.26 |
| Sep 30, 2024 | 1.93 |
| Jun 30, 2024 | 1.67 |
| Mar 31, 2024 | 1.59 |
| Dec 31, 2023 | 1.36 |
| Sep 30, 2023 | 1.33 |
| Jun 30, 2023 | 1.38 |
| Mar 31, 2023 | 1.43 |
| Dec 31, 2022 | 1.40 |
| Sep 30, 2022 | 1.12 |
| Jun 30, 2022 | 1.07 |
| Mar 31, 2022 | 0.86 |
| Dec 31, 2021 | 0.91 |
| Sep 30, 2021 | 1.07 |
API Access
Trip.com Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=TCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TCOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=TCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();