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Tongcheng Travel Holdings (HKSE:00780) Median PS Value : HK$0.00 (As of May. 26, 2024)


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What is Tongcheng Travel Holdings Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Tongcheng Travel Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5.807. Tongcheng Travel Holdings's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is HK$0.00.

As of today (2024-05-26), Tongcheng Travel Holdings's share price is HK$17.60. Tongcheng Travel Holdings's Median PS Value is HK$0.00. Therefore, Tongcheng Travel Holdings's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Tongcheng Travel Holdings's Median PS Value or its related term are showing as below:

HKSE:00780's Price-to-Median-PS-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.87
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Tongcheng Travel Holdings Median PS Value Historical Data

The historical data trend for Tongcheng Travel Holdings's Median PS Value 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.

Tongcheng Travel Holdings Median PS Value Chart

Tongcheng Travel Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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Tongcheng Travel Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Tongcheng Travel Holdings's Median PS Value

For the Travel Services subindustry, Tongcheng Travel Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


Tongcheng Travel Holdings's Price-to-Median-PS-Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Tongcheng Travel Holdings's Price-to-Median-PS-Value falls into.



Tongcheng Travel Holdings Median PS Value Calculation

Tongcheng Travel Holdings's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.807*0
=0.00

10-Year Median PS Ratio is 0.
Tongcheng Travel Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$5.807.

* 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.


Tongcheng Travel Holdings  (HKSE:00780) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Tongcheng Travel Holdings's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=17.60/0.00
=

* 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.


Tongcheng Travel Holdings Median PS Value Related Terms

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Tongcheng Travel Holdings (HKSE:00780) Business Description

Traded in Other Exchanges
Address
No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.
Executives
Tencent Holdings Limited
Trip.com Group Limited
Brown Brothers Harriman & Co. 2502 Approved lending agent
T. Rowe Price Associates, Inc. And Its Affiliates 2101 Beneficial owner
Ctrip.com International, Ltd.
C-travel International Limited
Tch Sapphire Limited
Image Frame Investment (hk) Limited 2101 Beneficial owner
Ctrip.com (hong Kong) Limited 2101 Beneficial owner

Tongcheng Travel Holdings (HKSE:00780) Headlines

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