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Hilton Worldwide Holdings (BSP:H1LT34) Cyclically Adjusted PB Ratio : 48.22 (As of May. 13, 2024)


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What is Hilton Worldwide Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-13), Hilton Worldwide Holdings's current share price is R$44.36. Hilton Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$0.92. Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio for today is 48.22.

The historical rank and industry rank for Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:H1LT34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.78   Med: 20.44   Max: 47.68
Current: 46.87

During the past years, Hilton Worldwide Holdings's highest Cyclically Adjusted PB Ratio was 47.68. The lowest was 14.78. And the median was 20.44.

BSP:H1LT34's Cyclically Adjusted PB Ratio is ranked worse than
99.32% of 590 companies
in the Travel & Leisure industry
Industry Median: 1.375 vs BSP:H1LT34: 46.87

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.

Hilton Worldwide Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was R$-2.342. 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$0.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilton Worldwide Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hilton Worldwide Holdings'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.

Hilton Worldwide Holdings Cyclically Adjusted PB Ratio Chart

Hilton Worldwide Holdings 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 - - 20.44 18.42 35.22

Hilton Worldwide Holdings 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 21.13 22.84 25.63 35.22 48.05

Competitive Comparison of Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Hilton Worldwide Holdings'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.


Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio falls into.



Hilton Worldwide Holdings 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.

Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.36/0.92
=48.22

* 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.

Hilton Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hilton Worldwide Holdings'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)
=-2.342/129.4194*129.4194
=-2.342

Current CPI (Mar. 2024) = 129.4194.

Hilton Worldwide Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.372 100.560 1.766
201409 1.422 100.428 1.833
201412 1.594 99.070 2.082
201503 1.854 99.621 2.409
201506 2.011 100.684 2.585
201509 2.576 100.392 3.321
201512 2.940 99.792 3.813
201603 2.913 100.470 3.752
201606 2.756 101.688 3.508
201609 2.677 101.861 3.401
201612 2.503 101.863 3.180
201703 0.632 102.862 0.795
201706 0.640 103.349 0.801
201709 0.589 104.136 0.732
201712 0.730 104.011 0.908
201803 0.751 105.290 0.923
201806 0.292 106.317 0.355
201809 0.331 106.507 0.402
201812 0.302 105.998 0.369
201903 0.055 107.251 0.066
201906 -0.017 108.070 -0.020
201909 -0.126 108.329 -0.151
201912 -0.295 108.420 -0.352
202003 -0.671 108.902 -0.797
202006 -1.013 108.767 -1.205
202009 -1.074 109.815 -1.266
202012 -1.151 109.897 -1.355
202103 -1.368 111.754 -1.584
202106 -1.065 114.631 -1.202
202109 -0.890 115.734 -0.995
202112 -0.693 117.630 -0.762
202203 -0.519 121.301 -0.554
202206 -0.602 125.017 -0.623
202209 -0.735 125.227 -0.760
202212 -0.899 125.222 -0.929
202303 -1.161 127.348 -1.180
202306 -1.103 128.729 -1.109
202309 -1.407 129.860 -1.402
202312 -1.901 129.419 -1.901
202403 -2.342 129.419 -2.342

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.


Hilton Worldwide Holdings  (BSP:H1LT34) 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.


Hilton Worldwide Holdings Cyclically Adjusted PB Ratio Related Terms

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


Hilton Worldwide Holdings (BSP:H1LT34) Business Description

Traded in Other Exchanges
Address
7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1,127,430 rooms across its 20 plus brands addressing the premium economy scale through luxury segments as of Dec. 31, 2022. Hampton and Hilton are the two largest brands by total room count at 28% and 13%, respectively, as of Dec. 31, 2022. Recent brands launched over the last few years include Home2, Curio, Canopy, Spark, Tru, Tempo, and Project H3. Managed and franchised represent the vast majority of adjusted EBITDA, predominantly from the Americas regions.

Hilton Worldwide Holdings (BSP:H1LT34) Headlines

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