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CHH (Choice Hotels International) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2025)


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What is Choice Hotels International 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.

Choice Hotels International's adjusted book value per share for the three months ended in Mar. 2025 was $-1.357. 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 $0.00 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 23.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 Choice Hotels International was 23.30% per year. The lowest was -29.70% per year. And the median was -11.35% per year.

As of today (2025-05-11), Choice Hotels International's current stock price is $123.67. Choice Hotels International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.00. Choice Hotels International's Cyclically Adjusted PB Ratio of today is .


Choice Hotels International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Choice Hotels International'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.

Choice Hotels International Cyclically Adjusted Book per Share Chart

Choice Hotels International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.89 -4.90 -4.04 -2.95 -2.21

Choice Hotels International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.74 -2.61 -2.44 -2.21 -

Competitive Comparison of Choice Hotels International's Cyclically Adjusted Book per Share

For the Lodging subindustry, Choice Hotels International'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.


Choice Hotels International's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Choice Hotels International's Cyclically Adjusted PB Ratio falls into.


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Choice Hotels International 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, Choice Hotels International's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-1.357/134.9266*134.9266
=-1.357

Current CPI (Mar. 2025) = 134.9266.

Choice Hotels International Quarterly Data

Book Value per Share CPI Adj_Book
201506 -6.691 100.684 -8.967
201509 -7.076 100.392 -9.510
201512 -7.027 99.792 -9.501
201603 -6.831 100.470 -9.174
201606 -6.663 101.688 -8.841
201609 -6.015 101.861 -7.968
201612 -5.530 101.863 -7.325
201703 -5.182 102.862 -6.797
201706 -4.471 103.349 -5.837
201709 -3.541 104.136 -4.588
201712 -4.562 104.011 -5.918
201803 -4.587 105.290 -5.878
201806 -3.601 106.317 -4.570
201809 -2.989 106.507 -3.787
201812 -3.301 105.998 -4.202
201903 -3.331 107.251 -4.191
201906 -2.202 108.070 -2.749
201909 -1.018 108.329 -1.268
201912 -0.422 108.420 -0.525
202003 -0.792 108.902 -0.981
202006 -0.772 108.767 -0.958
202009 -0.386 109.815 -0.474
202012 -0.104 109.897 -0.128
202103 0.346 111.754 0.418
202106 1.886 114.631 2.220
202109 3.813 115.734 4.445
202112 4.781 117.630 5.484
202203 5.642 121.301 6.276
202206 7.471 125.017 8.063
202209 5.291 125.227 5.701
202212 2.963 125.222 3.193
202303 0.919 127.348 0.974
202306 1.082 128.729 1.134
202309 1.448 129.860 1.505
202312 0.719 129.419 0.750
202403 0.136 131.776 0.139
202406 -3.100 132.554 -3.155
202409 -2.048 133.029 -2.077
202412 -0.966 133.157 -0.979
202503 -1.357 134.927 -1.357

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


Choice Hotels International  (NYSE:CHH) 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.


Be Aware

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


Choice Hotels International Cyclically Adjusted Book per Share Related Terms

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


Choice Hotels International Business Description

Traded in Other Exchanges
N/A
Address
915 Meeting Street, Suite 600, North Bethesda, MD, USA, 20850
As of Dec. 31, 2024, Choice Hotels operated 654,000 rooms across the economy, midscale, upscale, and extended-stay segments. Comfort Inn and Comfort Suites are the largest brands (26% of the company's total domestic rooms), while Ascend and Cambria (10% of total domestic rooms) are newer lifestyle and select-service brands. Choice closed on its Radisson acquisition in August 2022, which added about 70,000 rooms. Franchises account for 100% of total revenue, and the United States represent 78% of total rooms in 2024.
Executives
Scott E Oaksmith officer: Controller 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Dominic Dragisich officer: Chief Financial Officer 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Patrick Cimerola officer: Senior Vice President 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Patrick Pacious officer: Senior Vice President 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Robert J Mcdowell officer: Chief Commercial Officer 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Simone Wu officer: Senior Vice President 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Noha Abdalla officer: Chief Marketing Officer 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
William L Jews director C/O FORTRESS INTERNATIONAL GROUP, INC., 7226 LEE DEFOREST DRIVE, SUITE 203, COLUMBIA, MD 21046
Brian Bainum director 8171 MAPLE LAWN BLVD, SUITE 375, FULTON MD 20759
John P Tague director
David A Pepper officer: SVP, Franchise Development 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
John Bonds officer: Senior Vice President 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Sanchez Raul Ramirez officer: Chief Strat & Intl Op Officer 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Elizabeth A Redmond officer: Principal Accounting Officer 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Donna F Vieira director 300 CONTINENTAL DRIVE, NEWARK DE 19713