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Abu Dhabi National Hotels (ADX:ADNH) Cyclically Adjusted PB Ratio : 0.87 (As of May. 01, 2024)


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What is Abu Dhabi National Hotels Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Abu Dhabi National Hotels's current share price is د.إ0.636. Abu Dhabi National Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was د.إ0.73. Abu Dhabi National Hotels's Cyclically Adjusted PB Ratio for today is 0.87.

The historical rank and industry rank for Abu Dhabi National Hotels's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADX:ADNH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.45   Max: 1.37
Current: 0.87

During the past years, Abu Dhabi National Hotels's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.37. And the median was 0.45.

ADX:ADNH's Cyclically Adjusted PB Ratio is ranked better than
62.93% of 588 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs ADX:ADNH: 0.87

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.

Abu Dhabi National Hotels's adjusted book value per share data for the three months ended in Dec. 2023 was د.إ0.701. 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 د.إ0.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abu Dhabi National Hotels Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abu Dhabi National Hotels's Cyclically Adjusted PB 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.

Abu Dhabi National Hotels Cyclically Adjusted PB Ratio Chart

Abu Dhabi National Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.43 0.42 1.22

Abu Dhabi National Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 0.42 0.61 0.69 1.30 1.22

Competitive Comparison of Abu Dhabi National Hotels's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Abu Dhabi National Hotels'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.


Abu Dhabi National Hotels's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Abu Dhabi National Hotels's Cyclically Adjusted PB Ratio falls into.



Abu Dhabi National Hotels Cyclically Adjusted PB Ratio Calculation

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

Abu Dhabi National Hotels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.636/0.73
=0.87

* 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.

Abu Dhabi National Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Abu Dhabi National Hotels's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.701/129.4194*129.4194
=0.701

Current CPI (Dec. 2023) = 129.4194.

Abu Dhabi National Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.266 99.070 0.347
201503 0.648 99.621 0.842
201506 0.648 100.684 0.833
201509 0.648 100.392 0.835
201512 0.281 99.792 0.364
201603 0.675 100.470 0.869
201606 0.677 101.688 0.862
201609 0.679 101.861 0.863
201612 0.655 101.863 0.832
201703 0.652 102.862 0.820
201706 0.655 103.349 0.820
201709 0.656 104.136 0.815
201712 0.665 104.011 0.827
201803 0.663 105.290 0.815
201806 0.666 106.317 0.811
201809 0.667 106.507 0.810
201812 0.674 105.998 0.823
201903 0.671 107.251 0.810
201906 0.675 108.070 0.808
201909 0.675 108.329 0.806
201912 0.684 108.420 0.816
202003 0.664 108.902 0.789
202006 0.660 108.767 0.785
202009 0.657 109.815 0.774
202012 0.546 109.897 0.643
202103 0.544 111.754 0.630
202106 0.546 114.631 0.616
202109 0.547 115.734 0.612
202112 0.562 117.630 0.618
202203 0.558 121.301 0.595
202206 0.567 125.017 0.587
202209 0.569 125.227 0.588
202212 0.579 125.222 0.598
202303 0.575 127.348 0.584
202306 0.693 128.729 0.697
202309 0.693 129.860 0.691
202312 0.701 129.419 0.701

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


Abu Dhabi National Hotels  (ADX:ADNH) Cyclically Adjusted PB Ratio Explanation

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


Abu Dhabi National Hotels Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Abu Dhabi National Hotels's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Abu Dhabi National Hotels (ADX:ADNH) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 46806, Abu Dhabi, ARE
Abu Dhabi National Hotels is engaged in the hospitality business. The company's reportable segment includes Hotels, Transport services, and Holding. It generates maximum revenue from the hotel segment. The company earns the majority of its revenue from room rentals, food, beverage, and other ancillary services. It also manages other hotels for the account of other parties.

Abu Dhabi National Hotels (ADX:ADNH) Headlines

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