CLDT (Chatham Lodging Trust) Cyclically Adjusted PB Ratio: 0.70 (As of Aug. 29, 2026) — 40% Above Median

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CLDT Chatham Lodging Trust CLDT
69 GF Score
Price $13.67
GF Value $8.54
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Chatham Lodging Trust Cyclically Adjusted PB Ratio?

Chatham Lodging Trust CLDT +2.40% 69 Cyclically Adjusted PB Ratio is 0.70 as of Aug. 29, 2026, which is 40% above its 10-year median of 0.50. GuruFocus rates CLDT with a GF Score™ of 69/100 and a GF Value™ of $8.54 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 549 REITs companies, Chatham Lodging Trust ranks better than 57.19% on this metric.

As of today (2026-08-29), Chatham Lodging Trust's current share price is $13.67. Chatham Lodging Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $19.59. Chatham Lodging Trust's Cyclically Adjusted PB Ratio for today is 0.70.

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

CLDT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.5   Max: 1.03
Current: 0.7

During the past years, Chatham Lodging Trust's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.27. And the median was 0.50.

CLDT's Cyclically Adjusted PB Ratio is ranked better than
57.19% of 549 companies
in the REITs industry
Industry Median: 0.79 vs CLDT: 0.70

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.

Chatham Lodging Trust's adjusted book value per share data for the three months ended in Jun. 2026 was $15.497. 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 $19.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chatham Lodging Trust  (NYSE:CLDT) 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.


Chatham Lodging Trust Cyclically Adjusted PB Ratio Related Terms


Chatham Lodging Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chatham Lodging Trust'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.

Chatham Lodging Trust Cyclically Adjusted PB Ratio Chart

Chatham Lodging Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.63 0.54 0.45 0.35

Chatham Lodging Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.34 0.35 0.40 0.68

CLDT vs INN, SVC, BHR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Hotel & Motel subindustry, Chatham Lodging Trust'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.


Chatham Lodging Trust Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Chatham Lodging Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chatham Lodging Trust's Cyclically Adjusted PB Ratio falls into.


CLDT
69GF Score
Chatham Lodging Trust CLDT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chatham Lodging Trust 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.

Chatham Lodging Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.67/19.59
=0.70

* 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.

Chatham Lodging Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chatham Lodging Trust's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.497/333.9520*333.9520
=15.497

Current CPI (Jun. 2026) = 333.9520.

Chatham Lodging Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.891 241.428 24.747
201612 17.639 241.432 24.399
201703 17.433 243.801 23.879
201706 17.294 244.955 23.577
201709 17.381 246.819 23.517
201712 17.701 246.524 23.979
201803 17.478 249.554 23.389
201806 17.441 251.989 23.114
201809 17.476 252.439 23.119
201812 17.136 251.233 22.778
201903 16.847 254.202 22.132
201906 16.742 256.143 21.828
201909 16.625 256.759 21.623
201912 16.246 256.974 21.113
202003 15.458 258.115 20.000
202006 14.886 257.797 19.283
202009 14.501 260.280 18.605
202012 14.429 260.474 18.499
202103 14.513 264.877 18.298
202106 16.699 271.696 20.525
202109 16.622 274.310 20.236
202112 16.352 278.802 19.587
202203 16.084 287.504 18.682
202206 16.229 296.311 18.291
202209 16.437 296.808 18.494
202212 16.285 296.797 18.324
202303 16.061 301.836 17.770
202306 16.137 305.109 17.662
202309 16.177 307.789 17.552
202312 15.882 306.746 17.291
202403 15.641 312.332 16.724
202406 15.670 314.175 16.656
202409 15.646 315.301 16.572
202412 15.501 315.605 16.402
202503 15.406 319.799 16.088
202506 15.389 322.561 15.932
202509 15.374 324.800 15.807
202512 15.527 324.054 16.001
202603 15.421 330.213 15.596
202606 15.497 333.952 15.497

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.

What does a Cyclically Adjusted PB Ratio of 0.70 mean?
Chatham Lodging Trust (CLDT) has a Cyclically Adjusted PB Ratio of 0.70 as of Aug. 29, 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 Chatham Lodging Trust and its competitors. This is 40% above median its historical median of 0.50. Over the past decade, Chatham Lodging Trust's Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.03. According to the industry distribution chart, Chatham Lodging Trust ranks #235 out of 549 companies in the REITs industry, placing it in the top 42.8%.
Is Chatham Lodging Trust's Cyclically Adjusted PB Ratio too high?
Chatham Lodging Trust's current Cyclically Adjusted PB Ratio of 0.70 is 40% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.03. The REITs industry median Cyclically Adjusted PB Ratio is 0.79. Chatham Lodging Trust's value of 0.70 is 11.4% below this industry median. Based on the distribution chart, Chatham Lodging Trust ranks #235 out of 549 companies in the REITs industry, which is above the industry midpoint. Overall, Chatham Lodging Trust has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chatham Lodging Trust's Cyclically Adjusted PB Ratio compare to INN and SVC?
According to the REITs industry distribution chart, Chatham Lodging Trust ranks #235 out of 549 companies for Cyclically Adjusted PB Ratio. This puts Chatham Lodging Trust in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.79. Chatham Lodging Trust's value of 0.70 is 11.4% below this benchmark. Historically, Chatham Lodging Trust's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.03 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.79, Chatham Lodging Trust 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.79, based on 549 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. Chatham Lodging Trust's current Cyclically Adjusted PB Ratio of 0.70 is 11.4% 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 Chatham Lodging Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chatham Lodging Trust's current Cyclically Adjusted PB Ratio is 0.70, which is 40% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chatham Lodging Trust stock overvalued right now?
Based on GuruFocus' analysis, Chatham Lodging Trust (CLDT) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.54, compared to a current price of $13.67 — trading 60.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 40% above median its 10-year median of 0.50 and 11.4% below the REITs industry median of 0.79. Chatham Lodging Trust's overall GF Score™ is 69/100 with 9 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 Chatham Lodging Trust (CLDT), the current Cyclically Adjusted PB Ratio is 0.70 as of Aug. 29, 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 Chatham Lodging Trust (CLDT) Overvalued in 2026?

Based on GuruFocus' analysis, Chatham Lodging Trust stock appears to be overvalued. The current stock price of $13.67 is trading 60.1% above its estimated GF Value™ of $8.54. GuruFocus considers Chatham Lodging Trust to be Significantly Overvalued.

Key valuation signals for CLDT:

  • Cyclically Adjusted PB Ratio: 0.70 (40% above median its 10-year median of 0.50)
  • GF Value™: $8.54 vs. price of $13.67 (60.1% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 11.4% below the REITs median (#235 of 549)

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


Chatham Lodging Trust Business Description

Industry Real EstateREITs
Address 222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania, among others. Substantially all of the company's assets are held and operated by its operating partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. Chatham's revenue streams include room, food and beverage, and other. The room comprises the majority of its total revenue. Chatham's hotels operate under various brands, which include Hilton, Marriott, and Hyatt.
69GF Score

Get the complete analysis for CLDT

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

$13.67
Price
$8.54
GF Value