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H World Group (BSP:H1TH34) Cyclically Adjusted Book per Share : R$4.40 (As of Mar. 2024)


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What is H World Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

H World Group's adjusted book value per share for the three months ended in Mar. 2024 was R$27.052. 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 R$4.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, H World Group's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of H World Group was 13.60% per year. The lowest was 11.20% per year. And the median was 11.60% per year.

As of today (2024-06-05), H World Group's current stock price is R$43.74. H World Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$4.40. H World Group's Cyclically Adjusted PB Ratio of today is 9.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of H World Group was 22.43. The lowest was 8.21. And the median was 13.71.


H World Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for H World Group's Cyclically Adjusted Book per Share 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.

H World Group Cyclically Adjusted Book per Share Chart

H World Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.60 4.11 4.51 4.94

H World Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 4.40 4.56 4.58 4.94 4.40

Competitive Comparison of H World Group's Cyclically Adjusted Book per Share

For the Lodging subindustry, H World Group'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.


H World Group's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, H World Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where H World Group's Cyclically Adjusted PB Ratio falls into.



H World Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, H World Group'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)
=27.052/115.2271*115.2271
=27.052

Current CPI (Mar. 2024) = 115.2271.

H World Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.320 98.200 5.069
201409 4.836 98.900 5.634
201412 5.477 99.000 6.375
201503 6.517 99.900 7.517
201506 6.849 99.500 7.932
201509 8.357 100.500 9.582
201512 8.046 100.600 9.216
201603 9.585 102.200 10.807
201606 9.017 101.400 10.247
201609 9.201 102.400 10.354
201612 9.405 102.600 10.562
201703 9.097 103.200 10.157
201706 10.454 103.100 11.684
201709 10.557 104.100 11.685
201712 10.646 104.500 11.739
201803 11.520 105.300 12.606
201806 13.342 104.900 14.655
201809 15.253 106.600 16.487
201812 12.304 106.500 13.312
201903 12.449 107.700 13.319
201906 13.270 107.700 14.197
201909 14.434 109.800 15.147
201912 14.573 111.200 15.101
202003 12.635 112.300 12.964
202006 11.682 110.400 12.193
202009 24.624 111.700 25.402
202012 27.745 111.500 28.672
202103 29.746 112.662 30.423
202106 27.790 111.769 28.650
202109 28.797 112.215 29.570
202112 30.104 113.108 30.668
202203 23.680 114.335 23.865
202206 21.930 114.558 22.058
202209 20.854 115.339 20.834
202212 21.101 115.116 21.121
202303 27.866 115.116 27.893
202306 27.642 114.558 27.803
202309 30.481 115.339 30.452
202312 26.360 114.781 26.462
202403 27.052 115.227 27.052

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


H World Group  (BSP:H1TH34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

H World Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.74/4.4
=9.94

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of H World Group was 22.43. The lowest was 8.21. And the median was 13.71.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


H World Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of H World Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


H World Group (BSP:H1TH34) Business Description

Traded in Other Exchanges
Address
No. 1299 Fenghua Road, Jiading District, Shanghai, CHN, 201803
H World Group Ltd is a multi-brand hotel group in China with international operations. It operates in the leased, manachised, and franchised models. The company has two operating segments; legacy Huazhu and legacy DH. Its brand and product offering includes Economy hotel brands: HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, and Ibis Hotel, Midscale hotel brands: JI Hotel, Orange Hotel, Starway Hotel and Ibis Styles Hotel, Upper midscale hotel brands: Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, CitiGO Hotel and MAXX by Steigenberger, Upscale hotel brands: Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, Jaz in the City, and Grand Mercure; and Luxury hotel brand: Steigenberger Icon and Song Hotels.

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