YTB International: Wall Street's Next Online Darling?

  Written by Peter Hume on Jun 10, 2008 5:02 pm

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GOODBYE PRICELINE, EXPEDIA, ORBITZ ETC. | YTB IS ON THE SCENE!

FOR INVESTORS EYES ONLY: 

"Priceline (Nasdaq: PCLN) is the online travel industry’s best company, as judged by the valuation currently accorded its publicly traded shares.Though Expedia (Nasdaq: EXPE) has a higher total market capitalization, Priceline shares trade at a multiple of trailing twelve months earnings that is nearly 50% higher than the same earnings multiple of Expedia. (PCLN ttm p/e = 36, EXPE ttm p/e = 23).

Thus, it would not be a stretch to say that PCLN is the darling of Wall Street when it comes to the online travel space and it is easy to see why..."

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