Hyatt Hotels (FRA:1HTA) Cyclically Adjusted PB Ratio: 4.32 (As of Aug. 21, 2026) — 68% Above Median

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FRA:1HTA Hyatt Hotels Corp FRA:1HTA
79 GF Score
Price €156.30
GF Value €139.89
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Hyatt Hotels Cyclically Adjusted PB Ratio?

Hyatt Hotels FRA:1HTA +2.09% 79 Cyclically Adjusted PB Ratio is 4.32 as of Aug. 21, 2026, which is 68% above its 10-year median of 2.57. GuruFocus rates FRA:1HTA with a GF Score™ of 79/100 and a GF Value™ of €139.89 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 627 Travel & Leisure companies, Hyatt Hotels ranks worse than 84.69% on this metric.

As of today (2026-08-21), Hyatt Hotels's current share price is €156.30. Hyatt Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €36.15. Hyatt Hotels's Cyclically Adjusted PB Ratio for today is 4.32.

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

FRA:1HTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.57   Max: 5
Current: 4.5

During the past years, Hyatt Hotels's highest Cyclically Adjusted PB Ratio was 5.00. The lowest was 1.18. And the median was 2.57.

FRA:1HTA's Cyclically Adjusted PB Ratio is ranked worse than
84.69% of 627 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs FRA:1HTA: 4.50

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.

Hyatt Hotels's adjusted book value per share data for the three months ended in Jun. 2026 was €30.437. 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 €36.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyatt Hotels  (FRA:1HTA) 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.


Hyatt Hotels Cyclically Adjusted PB Ratio Related Terms


Hyatt Hotels Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hyatt 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.

Hyatt Hotels Cyclically Adjusted PB Ratio Chart

Hyatt Hotels 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 2.68 2.40 3.39 4.01 4.03

Hyatt Hotels 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 3.51 3.55 4.03 3.56 4.76

FRA:1HTA vs HTHT, WH, CHH: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Hyatt 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.


Hyatt Hotels Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


FRA:1HTA
79GF Score
Hyatt Hotels Corp FRA:1HTA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hyatt 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.

Hyatt Hotels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=156.30/36.15
=4.32

* 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.

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

For example, Hyatt Hotels'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)
=30.437/333.9520*333.9520
=30.437

Current CPI (Jun. 2026) = 333.9520.

Hyatt Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.647 241.428 36.859
201612 28.285 241.432 39.124
201703 27.679 243.801 37.914
201706 27.208 244.955 37.093
201709 25.201 246.819 34.098
201712 27.249 246.524 36.913
201803 28.781 249.554 38.515
201806 28.352 251.989 37.574
201809 30.405 252.439 40.223
201812 30.255 251.233 40.217
201903 30.379 254.202 39.910
201906 30.702 256.143 40.028
201909 33.031 256.759 42.962
201912 35.106 256.974 45.622
202003 33.187 258.115 42.938
202006 30.641 257.797 39.693
202009 28.114 260.280 36.072
202012 26.059 260.474 33.410
202103 23.814 264.877 30.024
202106 23.697 271.696 29.127
202109 27.725 274.310 33.753
202112 28.672 278.802 34.344
202203 28.988 287.504 33.671
202206 31.289 296.311 35.264
202209 32.369 296.808 36.420
202212 32.818 296.797 36.926
202303 32.613 301.836 36.083
202306 32.422 305.109 35.487
202309 32.435 307.789 35.192
202312 31.720 306.746 34.533
202403 33.257 312.332 35.559
202406 35.657 314.175 37.902
202409 34.688 315.301 36.740
202412 35.232 315.605 37.280
202503 33.547 319.799 35.032
202506 32.339 322.561 33.481
202509 31.151 324.800 32.029
202512 30.096 324.054 31.015
202603 29.660 330.213 29.996
202606 30.437 333.952 30.437

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 4.32 mean?
Hyatt Hotels (FRA:1HTA) has a Cyclically Adjusted PB Ratio of 4.32 as of Aug. 21, 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 Hyatt Hotels and its competitors. This is 68% above median its historical median of 2.57. Over the past decade, Hyatt Hotels' Cyclically Adjusted PB Ratio has ranged from 1.18 to 5.00. According to the industry distribution chart, Hyatt Hotels ranks #531 out of 627 companies in the Travel & Leisure industry, placing it in the top 84.7%.
Is Hyatt Hotels' Cyclically Adjusted PB Ratio too high?
Hyatt Hotels' current Cyclically Adjusted PB Ratio of 4.32 is 68% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 5.00. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Hyatt Hotels' value of 4.32 is 260% above this industry median. Based on the distribution chart, Hyatt Hotels ranks #531 out of 627 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hyatt Hotels has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hyatt Hotels' Cyclically Adjusted PB Ratio compare to HTHT and WH?
According to the Travel & Leisure industry distribution chart, Hyatt Hotels ranks #531 out of 627 companies for Cyclically Adjusted PB Ratio. This places Hyatt Hotels in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Hyatt Hotels' value of 4.32 is 260% above this benchmark. Historically, Hyatt Hotels' own Cyclically Adjusted PB Ratio has ranged from 1.18 to 5.00 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 1.20, Hyatt Hotels has consistently been above 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 627 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. Hyatt Hotels's current Cyclically Adjusted PB Ratio of 4.32 is 260% above 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 Hyatt Hotels 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. Hyatt Hotels's current Cyclically Adjusted PB Ratio is 4.32, which is 68% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyatt Hotels stock overvalued right now?
Based on GuruFocus' analysis, Hyatt Hotels (FRA:1HTA) is currently considered Modestly Overvalued. The stock's GF Value™ is €139.89, compared to a current price of €156.30 — trading 11.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.32, which is 68% above median its 10-year median of 2.57 and 260% above the Travel & Leisure industry median of 1.20. Hyatt Hotels' overall GF Score™ is 79/100 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 Hyatt Hotels (FRA:1HTA), the current Cyclically Adjusted PB Ratio is 4.32 as of Aug. 21, 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 Hyatt Hotels (FRA:1HTA) Overvalued in 2026?

Based on GuruFocus' analysis, Hyatt Hotels stock appears to be overvalued. The current stock price of €156.30 is trading 11.7% above its estimated GF Value™ of €139.89. GuruFocus considers Hyatt Hotels to be Modestly Overvalued.

Key valuation signals for FRA:1HTA:

  • Cyclically Adjusted PB Ratio: 4.32 (68% above median its 10-year median of 2.57)
  • GF Value™: €139.89 vs. price of €156.30 (11.7% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 260% above the Travel & Leisure median (#531 of 627)

No single metric tells the full story. See the FRA:1HTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hyatt Hotels Business Description

Other Exchanges H:USA1HTA:Germany
Address 150 North Riverside Plaza, 8th Floor, Chicago, IL, USA, 60606
Hyatt is an operator of owned (2% of total rooms) and managed and franchised (98%) properties across about 35 upscale luxury brands, which include vacation brands (Apple Leisure Group, Hyatt Ziva, and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, the wellness brand Miraval, and the midscale extended-stay brand Studios. Hyatt acquired Two Roads Hospitality in 2018 and Apple Leisure Group in 2021. Regional exposure, as a percentage of total rooms, is 45% for the US, 31% for the rest of the world, and 24% for Asia-Pacific.
79GF Score

Get the complete analysis for FRA:1HTA

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

€156.30
Price
€139.89
GF Value