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Marriott International (BSP:M1TT34) Cyclically Adjusted PB Ratio : 206.76 (As of Jun. 03, 2025)


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What is Marriott International Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Marriott International's current share price is R$372.16. Marriott International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$1.80. Marriott International's Cyclically Adjusted PB Ratio for today is 206.76.

The historical rank and industry rank for Marriott International's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:M1TT34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 44.2   Med: 267.66   Max: 5398
Current: 206.89

During the past years, Marriott International's highest Cyclically Adjusted PB Ratio was 5398.00. The lowest was 44.20. And the median was 267.66.

BSP:M1TT34's Cyclically Adjusted PB Ratio is ranked worse than
99.67% of 612 companies
in the Travel & Leisure industry
Industry Median: 1.295 vs BSP:M1TT34: 206.89

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.

Marriott International's adjusted book value per share data for the three months ended in Mar. 2025 was R$-16.561. 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 R$1.80 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marriott International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marriott International'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.

Marriott International Cyclically Adjusted PB Ratio Chart

Marriott International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 236.70 196.65 228.08

Marriott International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 208.65 197.11 202.72 228.08 188.66

Competitive Comparison of Marriott International's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Marriott International'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.


Marriott International's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Marriott International's Cyclically Adjusted PB Ratio falls into.


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Marriott International 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.

Marriott International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=372.16/1.80
=206.76

* 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.

Marriott International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Marriott International's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-16.561/134.9266*134.9266
=-16.561

Current CPI (Mar. 2025) = 134.9266.

Marriott International Quarterly Data

Book Value per Share CPI Adj_Book
201506 -8.827 100.684 -11.829
201509 -13.601 100.392 -18.280
201512 -13.590 99.792 -18.375
201603 -13.335 100.470 -17.908
201606 -11.647 101.688 -15.454
201609 12.165 101.861 16.114
201612 11.660 101.863 15.445
201703 10.606 102.862 13.912
201706 10.796 103.349 14.095
201709 9.644 104.136 12.496
201712 8.233 104.011 10.680
201803 8.239 105.290 10.558
201806 7.681 106.317 9.748
201809 6.998 106.507 8.865
201812 6.369 105.998 8.107
201903 4.607 107.251 5.796
201906 3.615 108.070 4.513
201909 2.640 108.329 3.288
201912 2.226 108.420 2.770
202003 -0.075 108.902 -0.093
202006 -0.316 108.767 -0.392
202009 0.953 109.815 1.171
202012 1.705 109.897 2.093
202103 1.012 111.754 1.222
202106 3.073 114.631 3.617
202109 3.720 115.734 4.337
202112 6.126 117.630 7.027
202203 6.736 121.301 7.493
202206 6.872 125.017 7.417
202209 4.364 125.227 4.702
202212 2.398 125.222 2.584
202303 0.598 127.348 0.634
202306 -0.907 128.729 -0.951
202309 -2.765 129.860 -2.873
202312 -2.875 129.419 -2.997
202403 -7.010 131.776 -7.178
202406 -9.953 132.554 -10.131
202409 -12.031 133.029 -12.203
202412 -16.494 133.157 -16.713
202503 -16.561 134.927 -16.561

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.


Marriott International  (BSP:M1TT34) 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.


Marriott International Cyclically Adjusted PB Ratio Related Terms

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


Marriott International Business Description

Address
7750 Wisconsin Avenue, Bethesda, MD, USA, 20814
Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2024, luxury represented roughly 10% of total rooms, premium was 43%, select service was 45%, midscale was 1%, and other was 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 98% of total rooms as of Dec. 31, 2024. North America makes up 62% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Marriott International Headlines

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