Giovanni di Maggio

Ctrip is Reliable and Ready to Travel

Whether a stock is expensive or not depends on valuation and growth criteria. I agree that eLong is a disaster and CTrip appears bright in comparison. But regarding valuation and growth there is another travel stock that has much better growth and key stats but which the author does not even mention: UTVG.

VALUATION MEASURES CTRP UTVG
Trailing P/E (ttm, intraday): 82.27 18.15
Forward P/E (fye 31-Dec-08): 50.50 7.26
PEG Ratio (5 yr expected): 1.98 0.54
Price/Sales (ttm): 23.99 3.40
Price/Book (mrq): 18.09 8.44
Qtrly Revenue Growth (yoy): 55.00% 751.40%
Qtrly Earnings Growth (yoy): 69.50% 218.60%