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Host Hotels & Resorts (Host Hotels & Resorts) Cyclically Adjusted PS Ratio : 2.48 (As of Apr. 27, 2024)


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What is Host Hotels & Resorts Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Host Hotels & Resorts's current share price is $18.86. Host Hotels & Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.62. Host Hotels & Resorts's Cyclically Adjusted PS Ratio for today is 2.48.

The historical rank and industry rank for Host Hotels & Resorts's Cyclically Adjusted PS Ratio or its related term are showing as below:

HST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.27   Max: 2.81
Current: 2.48

During the past years, Host Hotels & Resorts's highest Cyclically Adjusted PS Ratio was 2.81. The lowest was 1.18. And the median was 2.27.

HST's Cyclically Adjusted PS Ratio is ranked better than
74.49% of 490 companies
in the REITs industry
Industry Median: 4.99 vs HST: 2.48

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Host Hotels & Resorts's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.862. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $7.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Host Hotels & Resorts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Host Hotels & Resorts's Cyclically Adjusted PS 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.

Host Hotels & Resorts Cyclically Adjusted PS Ratio Chart

Host Hotels & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 2.03 2.39 2.13 2.56

Host Hotels & Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 2.13 2.16 2.20 2.09 2.56

Competitive Comparison of Host Hotels & Resorts's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Host Hotels & Resorts's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Host Hotels & Resorts's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

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

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



Host Hotels & Resorts Cyclically Adjusted PS Ratio Calculation

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

Host Hotels & Resorts's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.86/7.62
=2.48

* 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.

Host Hotels & Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Host Hotels & Resorts's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.862/129.4194*129.4194
=1.862

Current CPI (Dec. 2023) = 129.4194.

Host Hotels & Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.667 99.695 2.164
201406 1.893 100.560 2.436
201409 1.711 100.428 2.205
201412 1.464 99.070 1.912
201503 1.722 99.621 2.237
201506 1.832 100.684 2.355
201509 1.718 100.392 2.215
201512 1.758 99.792 2.280
201603 1.786 100.470 2.301
201606 1.960 101.688 2.495
201609 1.747 101.861 2.220
201612 1.809 101.863 2.298
201703 1.826 102.862 2.297
201706 1.950 103.349 2.442
201709 1.697 104.136 2.109
201712 1.815 104.011 2.258
201803 1.820 105.290 2.237
201806 2.051 106.317 2.497
201809 1.754 106.507 2.131
201812 1.835 105.998 2.240
201903 1.876 107.251 2.264
201906 2.006 108.070 2.402
201909 1.739 108.329 2.078
201912 1.857 108.420 2.217
202003 1.486 108.902 1.766
202006 0.146 108.767 0.174
202009 0.281 109.815 0.331
202012 0.379 109.897 0.446
202103 0.565 111.754 0.654
202106 0.917 114.631 1.035
202109 1.182 115.734 1.322
202112 1.397 117.630 1.537
202203 1.500 121.301 1.600
202206 1.926 125.017 1.994
202209 1.657 125.227 1.712
202212 1.760 125.222 1.819
202303 1.932 127.348 1.963
202306 1.953 128.729 1.963
202309 1.705 129.860 1.699
202312 1.862 129.419 1.862

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Host Hotels & Resorts  (NAS:HST) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Host Hotels & Resorts Cyclically Adjusted PS Ratio Related Terms

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


Host Hotels & Resorts (Host Hotels & Resorts) Business Description

Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1300, Bethesda, MD, USA, 20814
Host Hotels & Resorts owns 77 predominantly urban and resort upper-upscale and luxury hotel properties representing nearly 42,000 rooms, mainly in the United States. Host recently sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.
Executives
Sourav Ghosh officer: SVP, Business Intelligence, other: SVP, Business Intelligence 6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Nathan S Tyrrell officer: VP, Corp Finance & Asst Treas. 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817
James F Risoleo officer: Executive Vice President
Mary Baglivo director C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Walter C Rakowich director 14100 E 35TH PL, AURORA CO 80011
Mari Sifo officer: Executive Vice President and 4747 BETHESDA AVENUE, SUITE 1300, BETHESDA MD 20814
Diana Laing director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
Joanne G. Hamilton officer: Executive Vice President 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817
Joseph Ottinger officer: See Remarks 4747 BETHESDA AVENUE, 13TH FLOOR, BETHESDA MD 20814
Brian G Macnamara officer: Sr. Vice President, Controller 6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Bair Sheila Colleen director 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817
Richard E Marriott director, officer: Chairman of the Board 10400 FERNWOOD ROAD, BETHESDA MD 20817
Julie P Aslaksen officer: EVP, General Counsel & Sec. 4747 BETHESDA AVENUE, SUITE 1300, BETHESDA MD 20814
Michael E Lentz officer: Mng. Dir. - Global Development, other: Mng. Dir. - Global Development 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 20817