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National Hotels Co BSCBAH:NHOTEL 68 Cyclically Adjusted PB Ratio is 0.32 as of Aug. 13, 2026, which is 52% above its 10-year median of 0.21. GuruFocus rates BAH:NHOTEL with a GF Score™ of 68/100 and a GF Value™ of BHD0.21 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 641 Travel & Leisure companies, National Hotels Co BSC ranks better than 83.93% on this metric.
The historical rank and industry rank for National Hotels Co BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:
BAH:NHOTEL'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.21 Max: 0.34
Current: 0.32
During the past years, National Hotels Co BSC's highest Cyclically Adjusted PB Ratio was 0.34. The lowest was 0.16. And the median was 0.21.
BAH:NHOTEL's Cyclically Adjusted PB Ratio is ranked better than 83.93% of 641
companies
in the Travel & Leisure industry
Industry Median: 1.2
vs BAH:NHOTEL: 0.32
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.
National Hotels Co BSC's adjusted book value per share data for the three months ended in Jun. 2026 was BHD0.684. 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 BHD0.82 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
National Hotels Co BSC (BAH:NHOTEL) 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.
National Hotels Co BSC Cyclically Adjusted PB Ratio Related Terms
National Hotels Co BSC Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for National Hotels Co BSC'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.
National Hotels Co BSC Cyclically Adjusted PB Ratio Chart
BAH:NHOTEL vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison
For the Lodging subindustry, National Hotels Co BSC'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.
National Hotels Co BSC Cyclically Adjusted PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, National Hotels Co BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where National Hotels Co BSC's Cyclically Adjusted PB Ratio falls into.
National Hotels Co BSC 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.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.32 mean?
National Hotels Co BSC (BAH:NHOTEL) has a Cyclically Adjusted PB Ratio of 0.32 as of Aug. 13, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on National Hotels Co BSC and its competitors. This is 52% above median its historical median of 0.21. Over the past decade, National Hotels Co BSC's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.34. According to the industry distribution chart, National Hotels Co BSC ranks #103 out of 641 companies in the Travel & Leisure industry, placing it in the top 16.1%.
Is National Hotels Co BSC's Cyclically Adjusted PB Ratio too high?
National Hotels Co BSC's current Cyclically Adjusted PB Ratio of 0.32 is 52% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.34. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. National Hotels Co BSC's value of 0.32 is 73.3% below this industry median. Based on the distribution chart, National Hotels Co BSC ranks #103 out of 641 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, National Hotels Co BSC has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Hotels Co BSC's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, National Hotels Co BSC ranks #103 out of 641 companies for Cyclically Adjusted PB Ratio. This places National Hotels Co BSC in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. National Hotels Co BSC's value of 0.32 is 73.3% below this benchmark. Historically, National Hotels Co BSC's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.34 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.20, National Hotels Co BSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 641 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Hotels Co BSC's current Cyclically Adjusted PB Ratio of 0.32 is 73.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on National Hotels Co BSC and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Hotels Co BSC's current Cyclically Adjusted PB Ratio is 0.32, which is 52% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Hotels Co BSC stock overvalued right now?
Based on GuruFocus' analysis, National Hotels Co BSC (BAH:NHOTEL) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.21, compared to a current price of BHD0.26 — trading 23.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 52% above median its 10-year median of 0.21 and 73.3% below the Travel & Leisure industry median of 1.20. National Hotels Co BSC's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For National Hotels Co BSC (BAH:NHOTEL), the current Cyclically Adjusted PB Ratio is 0.32 as of Aug. 13, 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 National Hotels Co BSC (BAH:NHOTEL) Overvalued in 2026?
Based on GuruFocus' analysis, National Hotels Co BSC stock appears to be overvalued.
The current stock price of BHD0.26 is trading 23.8% above its estimated GF Value™ of BHD0.21.
GuruFocus considers National Hotels Co BSC to be Modestly Overvalued.
Key valuation signals for BAH:NHOTEL:
Cyclically Adjusted PB Ratio: 0.32 (52% above median its 10-year median of 0.21)
GF Value™: BHD0.21 vs. price of BHD0.26 (23.8% above fair value)
Industry Position: 73.3% below the Travel & Leisure median (#103 of 641)
No single metric tells the full story. See the BAH:NHOTEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Hotels Co BSC owns and manages refurbished rooms, bars, restaurants, banquet and conference facilities. It derives a majority of revenue from hotel rooms followed by food and beverages and serviced apartments. The operating segments of the company are Hotel Business, Real estate properties, and Investments & corporate. It generates maximum revenue from the Hotel Business segment. Hotel Business segment includes Room rental, food and beverage sales, conferences and events.
68GF Score
Get the complete analysis for BAH:NHOTEL
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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