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Xenia Hotels & Resorts (FRA:0XHR) Cyclically Adjusted Book per Share : €15.80 (As of Mar. 2024)


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What is Xenia Hotels & Resorts 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.

Xenia Hotels & Resorts's adjusted book value per share for the three months ended in Mar. 2024 was €11.571. 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 €15.80 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-02), Xenia Hotels & Resorts's current stock price is €12.90. Xenia Hotels & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €15.80. Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Xenia Hotels & Resorts was 0.91. The lowest was 0.63. And the median was 0.76.


Xenia Hotels & Resorts Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xenia Hotels & Resorts'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.

Xenia Hotels & Resorts Cyclically Adjusted Book per Share Chart

Xenia Hotels & Resorts 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 - - - - 15.36

Xenia Hotels & Resorts 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 - 15.86 16.46 15.36 15.80

Competitive Comparison of Xenia Hotels & Resorts's Cyclically Adjusted Book per Share

For the REIT - Hotel & Motel subindustry, Xenia Hotels & Resorts'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.


Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio falls into.



Xenia Hotels & Resorts 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, Xenia Hotels & Resorts'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)
=11.571/131.7762*131.7762
=11.571

Current CPI (Mar. 2024) = 131.7762.

Xenia Hotels & Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 11.020 99.070 14.658
201503 14.050 99.621 18.585
201506 13.532 100.684 17.711
201509 13.478 100.392 17.692
201512 14.200 99.792 18.751
201603 13.530 100.470 17.746
201606 13.346 101.688 17.295
201609 13.307 101.861 17.215
201612 14.466 101.863 18.714
201703 14.080 102.862 18.038
201706 13.720 103.349 17.494
201709 12.801 104.136 16.199
201712 12.785 104.011 16.198
201803 12.519 105.290 15.668
201806 13.541 106.317 16.784
201809 13.447 106.507 16.637
201812 14.240 105.998 17.703
201903 14.168 107.251 17.408
201906 13.948 108.070 17.008
201909 14.124 108.329 17.181
201912 13.891 108.420 16.883
202003 13.321 108.902 16.119
202006 12.299 108.767 14.901
202009 11.395 109.815 13.674
202012 11.230 109.897 13.466
202103 11.078 111.754 13.063
202106 10.695 114.631 12.295
202109 10.804 115.734 12.302
202112 11.079 117.630 12.411
202203 11.348 121.301 12.328
202206 12.064 125.017 12.716
202209 12.759 125.227 13.426
202212 12.091 125.222 12.724
202303 11.899 127.348 12.313
202306 11.836 128.729 12.116
202309 11.868 129.860 12.043
202312 11.564 129.419 11.775
202403 11.571 131.776 11.571

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


Xenia Hotels & Resorts  (FRA:0XHR) 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.

Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.90/15.8
=0.82

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Xenia Hotels & Resorts was 0.91. The lowest was 0.63. And the median was 0.76.


Be Aware

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


Xenia Hotels & Resorts Cyclically Adjusted Book per Share Related Terms

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


Xenia Hotels & Resorts (FRA:0XHR) Business Description

Industry
Traded in Other Exchanges
Address
200 S. Orange Avenue, Suite 2700, Orlando, FL, USA, 32801
Xenia Hotels & Resorts Inc is a real estate investment trust that invests in premium full-service, lifestyle, and urban upscale hotels across the United States. The company owns and pursues hotels in the upscale, upper upscale, and luxury segments that are affiliated with leading brands. Its hotels are primarily operated by Marriott, along with Hilton, Hyatt, Starwood, Kimpton, Aston, Fairmont, and Loews. The firm's properties are located in various regions across the U.S.: the South Atlantic, West South Central, Pacific, Mountain, and other. Xenia's revenue is divided between room, food and beverage, and other. The room segment contributes to the vast majority of the firm's total revenue. The firm's customer groups include transient business, group business, and contract business.

Xenia Hotels & Resorts (FRA:0XHR) Headlines

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