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Ryman Hospitality Properties (Ryman Hospitality Properties) Cyclically Adjusted PB Ratio : 13.34 (As of Jun. 08, 2024)


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What is Ryman Hospitality Properties Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Ryman Hospitality Properties's current share price is $101.35. Ryman Hospitality Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.60. Ryman Hospitality Properties's Cyclically Adjusted PB Ratio for today is 13.34.

The historical rank and industry rank for Ryman Hospitality Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:

RHP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 4.46   Max: 15.43
Current: 13.33

During the past years, Ryman Hospitality Properties's highest Cyclically Adjusted PB Ratio was 15.43. The lowest was 1.38. And the median was 4.46.

RHP's Cyclically Adjusted PB Ratio is ranked worse than
99.39% of 495 companies
in the REITs industry
Industry Median: 0.76 vs RHP: 13.33

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ryman Hospitality Properties's adjusted book value per share data for the three months ended in Mar. 2024 was $8.848. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $7.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryman Hospitality Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ryman Hospitality Properties's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ryman Hospitality Properties Cyclically Adjusted PB Ratio Chart

Ryman Hospitality Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 5.46 8.67 9.31 14.23

Ryman Hospitality Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.62 11.28 10.38 14.23 15.21

Competitive Comparison of Ryman Hospitality Properties's Cyclically Adjusted PB Ratio

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ryman Hospitality Properties's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ryman Hospitality Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ryman Hospitality Properties's Cyclically Adjusted PB Ratio falls into.



Ryman Hospitality Properties Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ryman Hospitality Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=101.35/7.6
=13.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ryman Hospitality Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ryman Hospitality Properties's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=8.848/131.7762*131.7762
=8.848

Current CPI (Mar. 2024) = 131.7762.

Ryman Hospitality Properties Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.818 100.560 15.487
201409 11.622 100.428 15.250
201412 7.938 99.070 10.559
201503 7.321 99.621 9.684
201506 7.513 100.684 9.833
201509 7.353 100.392 9.652
201512 7.475 99.792 9.871
201603 6.788 100.470 8.903
201606 7.072 101.688 9.165
201609 6.938 101.861 8.976
201612 7.291 101.863 9.432
201703 7.071 102.862 9.059
201706 7.213 103.349 9.197
201709 6.864 104.136 8.686
201712 7.386 104.011 9.358
201803 7.019 105.290 8.785
201806 7.281 106.317 9.025
201809 6.964 106.507 8.616
201812 9.147 105.998 11.372
201903 8.564 107.251 10.522
201906 8.456 108.070 10.311
201909 6.054 108.329 7.364
201912 11.744 108.420 14.274
202003 10.188 108.902 12.328
202006 7.161 108.767 8.676
202009 4.946 109.815 5.935
202012 3.734 109.897 4.477
202103 1.902 111.754 2.243
202106 -0.690 114.631 -0.793
202109 -0.712 115.734 -0.811
202112 -0.404 117.630 -0.453
202203 -0.668 121.301 -0.726
202206 0.113 125.017 0.119
202209 0.935 125.227 0.984
202212 1.727 125.222 1.817
202303 1.801 127.348 1.864
202306 8.341 128.729 8.538
202309 7.887 129.860 8.003
202312 9.532 129.419 9.706
202403 8.848 131.776 8.848

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ryman Hospitality Properties  (NYSE:RHP) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ryman Hospitality Properties Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ryman Hospitality Properties's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ryman Hospitality Properties (Ryman Hospitality Properties) Business Description

Traded in Other Exchanges
Address
One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.
Executives
Patrick S Chaffin officer: EVP & COO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Reed Colin V director, officer: Exec. Chairman of the Board
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Bowles Alvin L Jr director 62 TRENOR DRIVE, NEW ROCHELLE NY 10804
William E Haslam director 5919 MAPLE AVE, C/O HAROLDS STORES INC, DALLAS TX 75235
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Jennifer L Hutcheson officer: EVP & Chief Financial Officer ONE GAYLORD DRIVE, NASHVILLE TN 37214
Scott J Lynn officer: EVP, Secretary and GC ONE GAYLORD DRIVE, NASHVILLE TN 37214
Christine Pantoya director 5 OX BOW LANE, SUMMIT NJ 07901
Mark Fioravanti director, officer: President & CEO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Prather Robert S Jr director
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Christian A. Brickman director 351 PHELPS DRIVE, IRVING TX 75038
Bennett D Westbrook officer: SVP, Investments, D&C ONE GAYLORD DRIVE, NASHVILLE TN 37214
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054