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Park Hotels & Resorts (FRA:HIP) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 28, 2025)


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What is Park Hotels & Resorts Cyclically Adjusted PB Ratio?

As of today (2025-06-28), Park Hotels & Resorts's current share price is €9.00. Park Hotels & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €24.15. Park Hotels & Resorts's Cyclically Adjusted PB Ratio for today is 0.37.

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

FRA:HIP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.49   Max: 0.6
Current: 0.4

During the past years, Park Hotels & Resorts's highest Cyclically Adjusted PB Ratio was 0.60. The lowest was 0.36. And the median was 0.49.

FRA:HIP's Cyclically Adjusted PB Ratio is ranked better than
78.29% of 525 companies
in the REITs industry
Industry Median: 0.81 vs FRA:HIP: 0.40

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.

Park Hotels & Resorts's adjusted book value per share data for the three months ended in Mar. 2025 was €16.177. 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 €24.15 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Park Hotels & Resorts Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Park Hotels & Resorts'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.

Park Hotels & Resorts Cyclically Adjusted PB Ratio Chart

Park Hotels & Resorts 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 - - - - 0.54

Park Hotels & Resorts 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 - - 0.54 0.54 0.41

Competitive Comparison of Park Hotels & Resorts's Cyclically Adjusted PB Ratio

For the REIT - Hotel & Motel subindustry, Park Hotels & Resorts'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.


Park Hotels & Resorts's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Park Hotels & Resorts's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Park Hotels & Resorts 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.

Park Hotels & Resorts's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.00/24.15
=0.37

* 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.

Park Hotels & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Park Hotels & Resorts'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)
=16.177/134.9266*134.9266
=16.177

Current CPI (Mar. 2025) = 134.9266.

Park Hotels & Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 13.079 99.792 17.684
201603 13.080 100.470 17.566
201606 13.175 101.688 17.481
201609 18.423 101.861 24.403
201612 18.539 101.863 24.557
201703 26.208 102.862 34.378
201706 25.059 103.349 32.716
201709 23.704 104.136 30.713
201712 23.642 104.011 30.669
201803 23.250 105.290 29.794
201806 24.704 106.317 31.352
201809 24.598 106.507 31.162
201812 24.605 105.998 31.320
201903 24.714 107.251 31.091
201906 24.677 108.070 30.810
201909 24.643 108.329 30.693
201912 24.422 108.420 30.393
202003 21.642 108.902 26.814
202006 20.258 108.767 25.130
202009 18.392 109.815 22.598
202012 17.049 109.897 20.932
202103 16.712 111.754 20.177
202106 16.123 114.631 18.978
202109 16.229 115.734 18.920
202112 16.661 117.630 19.111
202203 16.862 121.301 18.756
202206 18.214 125.017 19.658
202209 19.608 125.227 21.127
202212 18.281 125.222 19.698
202303 18.352 127.348 19.444
202306 17.361 128.729 18.197
202309 17.778 129.860 18.472
202312 16.655 129.419 17.364
202403 16.558 131.776 16.954
202406 16.809 132.554 17.110
202409 16.378 133.029 16.612
202412 17.186 133.157 17.414
202503 16.177 134.927 16.177

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.


Park Hotels & Resorts  (FRA:HIP) 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.


Park Hotels & Resorts Cyclically Adjusted PB Ratio Related Terms

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


Park Hotels & Resorts Business Description

Traded in Other Exchanges
Address
1775 Tysons Boulevard, 7th Floor, Tysons, VA, USA, 22102
Park Hotels & Resorts owns upper-upscale and luxury hotels with 22,711 rooms across 37 hotels in the United States. Park also has interests through joint ventures in another 2,271 rooms in three US hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality US hotels to focus on high-quality assets in domestic gateway markets.

Park Hotels & Resorts Headlines

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