one of the largest such company in the world, priceline.com (nasdaq:pcln) is up 50% year-to-date and sitting at a 10-year high. even with the rally in 2010, the company trades at a reasonable forward p/e ratio of 22. the company has a market capitalization of $11.5 billion.
from a valuation viewpoint, the stock has a forward p/e ratio of 28 and trades at a price-to-sales of 9. the other china play is elong (nasdaq:long), a much smaller company with a market capitalization of only $415 million. from a valuation perspective the stock trades with a price-to-sales ratio of 13.5, which is not very attractive.
online travel agencies like yours need to evolve and adapt based on what your analytics and sales reports show you. compare the best travel agencies using expert ratings and consumer bookit. com strives to offer travelers the most intuitive online travel services available. best travel agency websites, online travel agencies list, online travel agency jobs, become online travel agent, list of travel agency websites, best online travel sites, top online travel agencies in the world, online travel agency reviews
technically, the stock has been very strong, but it may be ahead of itself and needs a pullback to generate a buy signal. my opinion is that the trend continues after a much-needed pullback.