China Tourism Group Duty Free Corporation Limited operates duty-free shops in China. The company engages in the wholesale and retail of duty-free commodities, such as tobacco and alcohol, incense, and fine products. It is also involved in travel retail business, as well as commercial complex investment and development business. The company was formerly known as China International Travel Service Corporation Limited and changed its name to China Tourism Group Duty Free Corporation Limited in June 2020. The company was founded in 1954 and is based in Beijing, China. China Tourism Group Duty Free Corporation Limited is a subsidiary of China Tourism Group Co., Ltd.
P/B ratio for China Tourism Group Duty Free Corporation Limited (601888.SS)
P/B ratio as of 2023: 3.10
According to China Tourism Group Duty Free Corporation Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.10. At the end of 2022 the company had a P/B ratio of 8.85.
P/B ratio history for China Tourism Group Duty Free Corporation Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.10 |
| 2022 | 8.85 |
| 2021 | 14.46 |
| 2020 | 24.72 |
| 2019 | 8.73 |
| 2018 | 7.19 |
| 2017 | 5.99 |
| 2016 | 3.36 |
| 2015 | 5.19 |
| 2014 | 4.28 |
| 2013 | 3.55 |
| 2012 | 4.32 |
| 2011 | 4.92 |
| 2010 | 6.58 |
| 2009 | 4.02 |
| 2008 | 12.44 |
| 2007 | 22.00 |
| 2006 | 29.38 |