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Hilton Worldwide Holdings (MEX:HLT) Cyclically Adjusted Book per Share : MXN74.84 (As of Mar. 2024)


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What is Hilton Worldwide Holdings 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.

Hilton Worldwide Holdings's adjusted book value per share for the three months ended in Mar. 2024 was MXN-187.296. 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 MXN74.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hilton Worldwide Holdings's average Cyclically Adjusted Book Growth Rate was -32.10% 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.

As of today (2024-06-25), Hilton Worldwide Holdings's current stock price is MXN3866.00. Hilton Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN74.84. Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio of today is 51.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hilton Worldwide Holdings was 47.70. The lowest was 14.78. And the median was 20.50.


Hilton Worldwide Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hilton Worldwide Holdings'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.

Hilton Worldwide Holdings Cyclically Adjusted Book per Share Chart

Hilton Worldwide Holdings 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 - - 154.71 132.41 86.74

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 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 128.79 107.44 101.23 86.74 74.84

Competitive Comparison of Hilton Worldwide Holdings's Cyclically Adjusted Book per Share

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 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, 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)
=-187.296/131.7762*131.7762
=-187.296

Current CPI (Mar. 2024) = 131.7762.

Hilton Worldwide Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 191.023 100.560 250.322
201409 195.961 100.428 257.130
201412 213.560 99.070 284.064
201503 215.928 99.621 285.624
201506 243.349 100.684 318.498
201509 267.678 100.392 351.360
201512 312.658 99.792 412.866
201603 325.423 100.470 426.822
201606 357.342 101.688 463.075
201609 381.873 101.861 494.024
201612 369.281 101.863 477.726
201703 91.281 102.862 116.940
201706 84.201 103.349 107.361
201709 81.828 104.136 103.548
201712 104.440 104.011 132.320
201803 99.866 105.290 124.988
201806 36.536 106.317 45.285
201809 36.155 106.507 44.733
201812 36.697 105.998 45.622
201903 6.650 107.251 8.171
201906 -2.003 108.070 -2.442
201909 -14.494 108.329 -17.631
201912 -32.584 108.420 -39.603
202003 -77.327 108.902 -93.569
202006 -108.124 108.767 -130.997
202009 -105.427 109.815 -126.511
202012 -106.772 109.897 -128.029
202103 -119.111 111.754 -140.451
202106 -101.214 114.631 -116.352
202109 -83.216 115.734 -94.751
202112 -60.346 117.630 -67.604
202203 -49.814 121.301 -54.116
202206 -57.613 125.017 -60.728
202209 -67.632 125.227 -71.169
202212 -80.208 125.222 -84.406
202303 -96.427 127.348 -99.780
202306 -93.513 128.729 -95.727
202309 -119.085 129.860 -120.843
202312 -158.032 129.419 -160.910
202403 -187.296 131.776 -187.296

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


Hilton Worldwide Holdings  (MEX:HLT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3866.00/74.84
=51.66

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Hilton Worldwide Holdings was 47.70. The lowest was 14.78. And the median was 20.50.


Be Aware

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


Hilton Worldwide Holdings Cyclically Adjusted Book per Share Related Terms

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


Hilton Worldwide Holdings (MEX:HLT) 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.