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Hilton Worldwide Holdings (Hilton Worldwide Holdings) Cyclically Adjusted PB Ratio : 45.52 (As of Apr. 27, 2024)


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What is Hilton Worldwide Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Hilton Worldwide Holdings's current share price is $202.12. Hilton Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.44. Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio for today is 45.52.

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

HLT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.78   Med: 20.22   Max: 47.68
Current: 45.93

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 20.22.

HLT's Cyclically Adjusted PB Ratio is ranked worse than
99.14% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.365 vs HLT: 45.93

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 $-11.285. 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 $4.44 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
=202.12/4.44
=45.52

* 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)
=-11.285/129.4194*129.4194
=-11.285

Current CPI (Mar. 2024) = 129.4194.

Hilton Worldwide Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.729 100.560 18.956
201409 14.595 100.428 18.808
201412 14.479 99.070 18.915
201503 14.164 99.621 18.401
201506 15.510 100.684 19.937
201509 15.841 100.392 20.421
201512 18.183 99.792 23.581
201603 18.905 100.470 24.352
201606 19.323 101.688 24.593
201609 19.750 101.861 25.093
201612 17.911 101.863 22.756
201703 4.848 102.862 6.100
201706 4.658 103.349 5.833
201709 4.509 104.136 5.604
201712 5.318 104.011 6.617
201803 5.497 105.290 6.757
201806 1.859 106.317 2.263
201809 1.933 106.507 2.349
201812 1.869 105.998 2.282
201903 0.343 107.251 0.414
201906 -0.104 108.070 -0.125
201909 -0.734 108.329 -0.877
201912 -1.728 108.420 -2.063
202003 -3.298 108.902 -3.919
202006 -4.684 108.767 -5.573
202009 -4.772 109.815 -5.624
202012 -5.368 109.897 -6.322
202103 -5.827 111.754 -6.748
202106 -5.085 114.631 -5.741
202109 -4.047 115.734 -4.526
202112 -2.942 117.630 -3.237
202203 -2.502 121.301 -2.669
202206 -2.864 125.017 -2.965
202209 -3.362 125.227 -3.475
202212 -4.114 125.222 -4.252
202303 -5.350 127.348 -5.437
202306 -5.455 128.729 -5.484
202309 -6.837 129.860 -6.814
202312 -9.310 129.419 -9.310
202403 -11.285 129.419 -11.285

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  (NYSE:HLT) 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 (Hilton Worldwide Holdings) Business Description

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.
Executives
Michael W Duffy officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Anne-marie W D'angelo officer: See Remarks 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kristin Ann Campbell officer: See Remarks 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Laura Fuentes officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Douglas M Steenland director 2700 LONE OAK PARKWAY, EAGAN MN 55121
Matthew W Schuyler officer: See Remarks 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Raymond E Mabus director C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Kevin J Jacobs officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Martin Rinck officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Christopher W Silcock officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Chris Carr director 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Jonathan W. Witter officer: See Remarks 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ian Russell Carter officer: See Remarks HILTON HOTELS CORPORATION, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Hna Tourism Group Co., Ltd. 10 percent owner HNA BUILDING, NO. 7 GUOXING ROAD, HAIKOU F4 570203
Blackstone Real Estate Associates Vi L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154