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RHP (Ryman Hospitality Properties) Cyclically Adjusted Book per Share : $7.37 (As of Sep. 2024)


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What is Ryman Hospitality Properties 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.

Ryman Hospitality Properties's adjusted book value per share for the three months ended in Sep. 2024 was $9.213. 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 $7.37 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ryman Hospitality Properties's average Cyclically Adjusted Book Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -10.40% 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 Ryman Hospitality Properties was 2.00% per year. The lowest was -14.80% per year. And the median was -6.50% per year.

As of today (2024-12-15), Ryman Hospitality Properties's current stock price is $113.24. Ryman Hospitality Properties's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $7.37. Ryman Hospitality Properties's Cyclically Adjusted PB Ratio of today is 15.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ryman Hospitality Properties was 16.04. The lowest was 1.51. And the median was 5.18.


Ryman Hospitality Properties Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ryman Hospitality Properties'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.

Ryman Hospitality Properties Cyclically Adjusted Book per Share Chart

Ryman Hospitality Properties 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 14.21 12.41 10.61 8.78 7.73

Ryman Hospitality Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.02 7.73 7.60 7.49 7.37

Competitive Comparison of Ryman Hospitality Properties's Cyclically Adjusted Book per Share

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties'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.


Ryman Hospitality Properties's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ryman Hospitality Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ryman Hospitality Properties's Cyclically Adjusted PB Ratio falls into.



Ryman Hospitality Properties 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, Ryman Hospitality Properties's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9.213/133.0289*133.0289
=9.213

Current CPI (Sep. 2024) = 133.0289.

Ryman Hospitality Properties Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.938 99.070 10.659
201503 7.321 99.621 9.776
201506 7.513 100.684 9.927
201509 7.353 100.392 9.743
201512 7.475 99.792 9.965
201603 6.788 100.470 8.988
201606 7.072 101.688 9.252
201609 6.938 101.861 9.061
201612 7.291 101.863 9.522
201703 7.071 102.862 9.145
201706 7.213 103.349 9.284
201709 6.864 104.136 8.768
201712 7.386 104.011 9.447
201803 7.019 105.290 8.868
201806 7.281 106.317 9.110
201809 6.964 106.507 8.698
201812 9.147 105.998 11.480
201903 8.564 107.251 10.622
201906 8.456 108.070 10.409
201909 6.054 108.329 7.434
201912 11.744 108.420 14.410
202003 10.188 108.902 12.445
202006 7.161 108.767 8.758
202009 4.946 109.815 5.992
202012 3.734 109.897 4.520
202103 1.902 111.754 2.264
202106 -0.690 114.631 -0.801
202109 -0.712 115.734 -0.818
202112 -0.404 117.630 -0.457
202203 -0.668 121.301 -0.733
202206 0.113 125.017 0.120
202209 0.935 125.227 0.993
202212 1.727 125.222 1.835
202303 1.801 127.348 1.881
202306 8.341 128.729 8.620
202309 7.887 129.860 8.079
202312 9.532 129.419 9.798
202403 8.848 131.776 8.932
202406 9.393 132.554 9.427
202409 9.213 133.029 9.213

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


Ryman Hospitality Properties  (NYSE:RHP) 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.

Ryman Hospitality Properties's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=113.24/7.37
=15.36

* 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 Ryman Hospitality Properties was 16.04. The lowest was 1.51. And the median was 5.18.


Be Aware

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


Ryman Hospitality Properties Cyclically Adjusted Book per Share Related Terms

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


Ryman Hospitality Properties Business Description

Industry
Traded in Other Exchanges
Address
One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its Hospitality segment.
Executives
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Reed Colin V director, officer: Exec. Chairman of the Board
Bowles Alvin L Jr director 62 TRENOR DRIVE, NEW ROCHELLE NY 10804
William E Haslam director 5919 MAPLE AVE, C/O HAROLDS STORES INC, DALLAS TX 75235
Christine Pantoya director 5 OX BOW LANE, SUMMIT NJ 07901
Patrick S Chaffin officer: EVP & COO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Jennifer L Hutcheson officer: EVP & Chief Financial Officer ONE GAYLORD DRIVE, NASHVILLE TN 37214
Scott J Lynn officer: EVP, Secretary and GC ONE GAYLORD DRIVE, NASHVILLE TN 37214
Mark Fioravanti director, officer: President & CEO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Prather Robert S Jr director
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Christian A. Brickman director 351 PHELPS DRIVE, IRVING TX 75038
Bennett D Westbrook officer: SVP, Investments, D&C ONE GAYLORD DRIVE, NASHVILLE TN 37214
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054