Hilton Worldwide Holdings (MIL:1HLT) Cyclically Adjusted Book per Share: €-2.97 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1HLT Hilton Worldwide Holdings Inc MIL:1HLT
22 GF Score
Price €287.50
GF Value €260.41
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Hilton Worldwide Holdings Cyclically Adjusted Book per Share?

Hilton Worldwide Holdings MIL:1HLT 22 Cyclically Adjusted Book per Share is €-2.97 as of Mar. 2026. GuruFocus rates MIL:1HLT with a GF Score™ of 22/100 and a GF Value™ of €260.41 (Fairly Valued). The stock has 4 warning signs investors should review.

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. 2026 was €-22.370. 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 €-2.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hilton Worldwide Holdings's average Cyclically Adjusted Book Growth Rate was -401.70% 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 (2026-07-21), Hilton Worldwide Holdings's current stock price is €287.50. Hilton Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €-2.97. Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hilton Worldwide Holdings was 1850.00. The lowest was 14.96. And the median was 31.07.


Hilton Worldwide Holdings  (MIL:1HLT) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hilton Worldwide Holdings was 1850.00. The lowest was 14.96. And the median was 31.07.


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


Hilton Worldwide Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Hilton Worldwide Holdings Cyclically Adjusted Book per Share Chart

Hilton Worldwide Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.66 2.03 -1.71

Hilton Worldwide Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.09 0.13 -0.82 -1.71 -2.97

MIL:1HLT vs MAR, H, HTHT: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MIL:1HLT
22GF Score
Hilton Worldwide Holdings Inc MIL:1HLT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-22.37/330.2130*330.2130
=-22.370

Current CPI (Mar. 2026) = 330.2130.

Hilton Worldwide Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.197 241.018 23.561
201609 17.597 241.428 24.068
201612 16.980 241.432 23.224
201703 4.533 243.801 6.140
201706 4.146 244.955 5.589
201709 3.783 246.819 5.061
201712 4.494 246.524 6.020
201803 4.458 249.554 5.899
201806 1.592 251.989 2.086
201809 1.657 252.439 2.168
201812 1.643 251.233 2.160
201903 0.303 254.202 0.394
201906 -0.092 256.143 -0.119
201909 -0.667 256.759 -0.858
201912 -1.555 256.974 -1.998
202003 -2.985 258.115 -3.819
202006 -4.160 257.797 -5.329
202009 -4.052 260.280 -5.141
202012 -4.412 260.474 -5.593
202103 -4.895 264.877 -6.102
202106 -4.220 271.696 -5.129
202109 -3.440 274.310 -4.141
202112 -2.603 278.802 -3.083
202203 -2.272 287.504 -2.610
202206 -2.709 296.311 -3.019
202209 -3.396 296.808 -3.778
202212 -3.884 296.797 -4.321
202303 -4.997 301.836 -5.467
202306 -5.035 305.109 -5.449
202309 -6.406 307.789 -6.873
202312 -8.537 306.746 -9.190
202403 -10.383 312.332 -10.977
202406 -11.682 314.175 -12.278
202409 -12.781 315.301 -13.385
202412 -14.720 315.605 -15.401
202503 -16.959 319.799 -17.511
202506 -16.878 322.561 -17.278
202509 -18.030 324.800 -18.330
202512 -19.968 324.054 -20.348
202603 -22.370 330.213 -22.370

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

What does a Cyclically Adjusted Book per Share of €-2.97 mean?
Hilton Worldwide Holdings (MIL:1HLT) has a Cyclically Adjusted Book per Share of €-2.97 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hilton Worldwide Holdings and its competitors.
Is Hilton Worldwide Holdings' Cyclically Adjusted Book per Share too high?
Hilton Worldwide Holdings' current Cyclically Adjusted Book per Share is €-2.97. Overall, Hilton Worldwide Holdings has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hilton Worldwide Holdings' Cyclically Adjusted Book per Share compare to MAR and H?
Hilton Worldwide Holdings' Cyclically Adjusted Book per Share of €-2.97 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Travel & Leisure company?
A good Cyclically Adjusted Book per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hilton Worldwide Holdings and its competitors. Hilton Worldwide Holdings's current Cyclically Adjusted Book per Share is €-2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilton Worldwide Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hilton Worldwide Holdings (MIL:1HLT) is currently considered Fairly Valued. The stock's GF Value™ is €260.41, compared to a current price of €287.50 — trading 10.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is €-2.97. Hilton Worldwide Holdings' overall GF Score™ is 22/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Hilton Worldwide Holdings (MIL:1HLT), the current Cyclically Adjusted Book per Share is €-2.97 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hilton Worldwide Holdings (MIL:1HLT) Overvalued in 2026?

Based on GuruFocus' analysis, Hilton Worldwide Holdings stock appears to be overvalued. The current stock price of €287.50 is trading 10.4% above its estimated GF Value™ of €260.41. GuruFocus considers Hilton Worldwide Holdings to be Fairly Valued.

Key valuation signals for MIL:1HLT:

  • Cyclically Adjusted Book per Share: €-2.97
  • GF Value™: €260.41 vs. price of €287.50 (10.4% above fair value)
  • GF Score™: 22/100 with 4 warning signs

No single metric tells the full story. See the MIL:1HLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hilton Worldwide Holdings Business Description

Address 7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1.36 million rooms across its 27 brands, serving the premium economy through luxury segments. Hampton and Hilton are the two largest brands, representing 27% and 18%, respectively, of the company's total rooms, as of Dec. 31, 2025. Recent brands launched over the past few years include Home2, Curio, Canopy, Spark, Tru, Tempo, LivSmart, and Outset. Additionally, there is a partnership with Small Luxury Hotels of the World and acquisitions of NoMad and Graduate Hotels. Managed and franchised hotels represent the vast majority of adjusted EBITDA, predominantly from the Americas.
22GF Score

Get the complete analysis for MIL:1HLT

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€287.50
Price
€260.41
GF Value