Travel + Leisure Co., together with its subsidiaries, provides hospitality services and products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts. The Travel and Membership segment operates various businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. As of January 26, 2022, it had approximately 245 vacation ownership resorts. It also offers private-label travel booking technology solutions. The company was formerly known as Wyndham Destinations, Inc. and changed its name to Travel + Leisure Co. in February 2021. Travel + Leisure Co. was founded in 1990 and is headquartered in Orlando, Florida.
P/B ratio for Travel + Leisure Co. (TNL)
P/B ratio as of 2023: -3.17
According to Travel + Leisure Co.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -3.17. At the end of 2022 the company had a P/B ratio of -3.33.
P/B ratio history for Travel + Leisure Co. from 2001 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -3.17 |
| 2022 | -3.33 |
| 2021 | -5.97 |
| 2020 | -3.96 |
| 2019 | -8.98 |
| 2018 | -6.18 |
| 2017 | 6.13 |
| 2016 | 5.31 |
| 2015 | 4.07 |
| 2014 | 3.85 |
| 2013 | 2.73 |
| 2012 | 1.78 |
| 2011 | 1.24 |
| 2010 | 0.83 |
| 2009 | 0.61 |
| 2008 | 0.22 |
| 2007 | 0.55 |
| 2006 | 0.80 |
| 2005 | 0.78 |
| 2004 | 0.84 |
| 2003 | 0.91 |
| 2002 | 1.01 |
| 2001 | 1.53 |