RLJ Lodging Trust (FRA:2R6) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:2R6 RLJ Lodging Trust FRA:2R6
75 GF Score
Price €8.75
GF Value €7.88
! 4 Warning Signs
View Full Analysis

What is RLJ Lodging Trust Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


RLJ Lodging Trust  (FRA:2R6) 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.


RLJ Lodging Trust Cyclically Adjusted PB Ratio Related Terms


RLJ Lodging Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RLJ 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.

RLJ Lodging Trust Cyclically Adjusted PB Ratio Chart

RLJ 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 0.73 0.55 0.61 0.55 0.42

RLJ 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 0.40 0.40 0.42 0.41 0.67

FRA:2R6 vs XHR, PEB, SHO: Cyclically Adjusted PB Ratio Comparison

For the REIT - Hotel & Motel subindustry, RLJ 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.


RLJ Lodging Trust Cyclically Adjusted PB Ratio vs REITs Industry

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

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


FRA:2R6
75GF Score
RLJ Lodging Trust FRA:2R6
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RLJ 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.

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

For example, RLJ 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)
=12.428/333.9520*333.9520
=12.428

Current CPI (Jun. 2026) = 333.9520.

RLJ Lodging Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.471 241.428 21.400
201612 16.937 241.432 23.427
201703 16.581 243.801 22.712
201706 15.788 244.955 21.524
201709 21.722 246.819 29.390
201712 21.557 246.524 29.202
201803 20.556 249.554 27.508
201806 21.760 251.989 28.838
201809 21.900 252.439 28.972
201812 21.909 251.233 29.123
201903 21.309 254.202 27.994
201906 20.911 256.143 27.263
201909 20.867 256.759 27.141
201912 20.469 256.974 26.601
202003 19.470 258.115 25.190
202006 18.205 257.797 23.583
202009 16.231 260.280 20.825
202012 15.162 260.474 19.439
202103 15.042 264.877 18.965
202106 14.603 271.696 17.949
202109 13.958 274.310 16.993
202112 14.416 278.802 17.268
202203 14.860 287.504 17.261
202206 15.441 296.311 17.403
202209 16.676 296.808 18.763
202212 15.506 296.797 17.447
202303 15.078 301.836 16.682
202306 14.949 305.109 16.362
202309 15.056 307.789 16.336
202312 14.490 306.746 15.775
202403 14.442 312.332 15.442
202406 14.658 314.175 15.581
202409 13.984 315.301 14.811
202412 14.690 315.605 15.544
202503 13.854 319.799 14.467
202506 12.934 322.561 13.391
202509 12.491 324.800 12.843
202512 12.348 324.054 12.725
202603 12.330 330.213 12.470
202606 12.428 333.952 12.428

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.

Is RLJ Lodging Trust (FRA:2R6) Overvalued in 2026?

Based on GuruFocus' analysis, RLJ Lodging Trust stock appears to be overvalued. The current stock price of €8.75 is trading 11% above its estimated GF Value™ of €7.88.

Key valuation signals for FRA:2R6:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €7.88 vs. price of €8.75 (11% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the FRA:2R6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RLJ Lodging Trust Business Description

Industry Real EstateREITs
Other Exchanges RLJpA.PFD:USARLJ:USA
Address 7373 Wisconsin Avenue, Suite 1500, Bethesda, MD, USA, 20814
RLJ Lodging Trust is a real estate investment trust focused on premium-branded, rooms-oriented, high-margin, focused-service, and compact full-service hotels located within the heart of demand locations. Its hotels are geographically diverse and concentrated in urban markets providing multiple demand generators from business, leisure, and other travelers. Its hotels are under the Marriott, Hilton, and Hyatt brand names. The Hotel is a single reportable segment. Its hotel segment revenues are derived from the operation of hotel properties which includes room revenue by renting hotel rooms, food and beverage revenue from the sale of food and beverages, and other revenue from parking fees, resort fees, gift shop sales, and other guest service fees.
75GF Score

Get the complete analysis for FRA:2R6

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

€8.75
Price
€7.88
GF Value