Despegar.com, Corp., online travel company, provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates in two segments, Air; and Packages, Hotels and Other Travel Products. It offers airline tickets; and travel packages, hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. The company also provides a technology platform for its travel suppliers to manage the distribution of their travel products and access to traveler customers. In addition, it offers travel products and services under the Despegar, Decolar, Best Day, BD Experience, and HotelDo brands. Further, the company operates Koin, an online payment and consumer lending services platform. Despegar.com, Corp. was founded in 1999 and is based in Buenos Aires, Argentina.
P/B ratio for Despegar.com, Corp. (DESP)
P/B ratio as of 2023: 81.53
According to Despegar.com, Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 81.53. At the end of 2022 the company had a P/B ratio of -3.10.
P/B ratio history for Despegar.com, Corp. from 2015 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 81.53 |
| 2022 | -3.10 |
| 2021 | -27.11 |
| 2020 | 10.07 |
| 2019 | 4.82 |
| 2018 | 5.01 |
| 2017 | 5.05 |
| 2016 | -14.63 |
| 2015 | -14.48 |