GHG (GreenTree Hospitality Group) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 07, 2026) — 46% Below Median

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GHG GreenTree Hospitality Group Ltd GHG
51 GF Score
Price $1.14
GF Value $2.46
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is GreenTree Hospitality Group Cyclically Adjusted PB Ratio?

GreenTree Hospitality Group GHG +0.88% 51 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 07, 2026, which is 46% below its 10-year median of 0.93. GuruFocus rates GHG with a GF Score™ of 51/100 and a GF Value™ of $2.46 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 644 Travel & Leisure companies, GreenTree Hospitality Group ranks better than 75% on this metric.

As of today (2026-08-07), GreenTree Hospitality Group's current share price is $1.14. GreenTree Hospitality Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $2.28. GreenTree Hospitality Group's Cyclically Adjusted PB Ratio for today is 0.50.

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

GHG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.93   Max: 1.34
Current: 0.5

During the past 11 years, GreenTree Hospitality Group's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.50. And the median was 0.93.

GHG's Cyclically Adjusted PB Ratio is ranked better than
75% of 644 companies
in the Travel & Leisure industry
Industry Median: 1.215 vs GHG: 0.50

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.

GreenTree Hospitality Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was $2.219. 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 $2.28 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


GreenTree Hospitality Group  (NYSE:GHG) 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.


GreenTree Hospitality Group Cyclically Adjusted PB Ratio Related Terms


GreenTree Hospitality Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GreenTree Hospitality Group'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.

GreenTree Hospitality Group Cyclically Adjusted PB Ratio Chart

GreenTree Hospitality Group 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 0.00 0.00 0.00 1.18 0.74

GreenTree Hospitality Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.74 0.00

GHG vs PHSE, INTG, PRSI: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, GreenTree Hospitality Group'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.


GreenTree Hospitality Group Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where GreenTree Hospitality Group's Cyclically Adjusted PB Ratio falls into.


GHG
51GF Score
GreenTree Hospitality Group Ltd GHG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GreenTree Hospitality Group 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.

GreenTree Hospitality Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.14/2.28
=0.50

* 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.

GreenTree Hospitality Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, GreenTree Hospitality Group's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=2.219/115.8323*115.8323
=2.219

Current CPI (Dec25) = 115.8323.

GreenTree Hospitality Group Annual Data

Book Value per Share CPI Adj_Book
201612 1.460 102.600 1.648
201712 1.094 104.500 1.213
201812 2.362 106.500 2.569
201912 2.597 111.200 2.705
202012 3.121 111.500 3.242
202112 2.830 113.108 2.898
202212 2.263 115.116 2.277
202312 1.989 114.781 2.007
202412 1.974 114.893 1.990
202512 2.219 115.832 2.219

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 0.50 mean?
GreenTree Hospitality Group (GHG) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 07, 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 GreenTree Hospitality Group and its competitors. This is 46% below median its historical median of 0.93. Over the past decade, GreenTree Hospitality Group's Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.34. According to the industry distribution chart, GreenTree Hospitality Group ranks #161 out of 644 companies in the Travel & Leisure industry, placing it in the top 25%.
Is GreenTree Hospitality Group's Cyclically Adjusted PB Ratio too high?
GreenTree Hospitality Group's current Cyclically Adjusted PB Ratio of 0.50 is 46% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.34. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.22. GreenTree Hospitality Group's value of 0.50 is 58.8% below this industry median. Based on the distribution chart, GreenTree Hospitality Group ranks #161 out of 644 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, GreenTree Hospitality Group has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GreenTree Hospitality Group's Cyclically Adjusted PB Ratio compare to PHSE and INTG?
According to the Travel & Leisure industry distribution chart, GreenTree Hospitality Group ranks #161 out of 644 companies for Cyclically Adjusted PB Ratio. This places GreenTree Hospitality Group in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.22. GreenTree Hospitality Group's value of 0.50 is 58.8% below this benchmark. Historically, GreenTree Hospitality Group's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 1.34 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.22, GreenTree Hospitality Group 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.22, based on 644 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. GreenTree Hospitality Group's current Cyclically Adjusted PB Ratio of 0.50 is 58.8% 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 GreenTree Hospitality Group and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenTree Hospitality Group's current Cyclically Adjusted PB Ratio is 0.50, which is 46% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenTree Hospitality Group stock overvalued right now?
Based on GuruFocus' analysis, GreenTree Hospitality Group (GHG) is currently considered Possible Value Trap. The stock's GF Value™ is $2.46, compared to a current price of $1.14 — trading 53.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 46% below median its 10-year median of 0.93 and 58.8% below the Travel & Leisure industry median of 1.22. GreenTree Hospitality Group's overall GF Score™ is 51/100 with 3 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 GreenTree Hospitality Group (GHG), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 07, 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 GreenTree Hospitality Group (GHG) Overvalued in 2026?

Based on GuruFocus' analysis, GreenTree Hospitality Group stock appears to be undervalued. The current stock price of $1.14 is trading 53.7% below its estimated GF Value™ of $2.46. GuruFocus considers GreenTree Hospitality Group to be Possible Value Trap.

Key valuation signals for GHG:

  • Cyclically Adjusted PB Ratio: 0.50 (46% below median its 10-year median of 0.93)
  • GF Value™: $2.46 vs. price of $1.14 (53.7% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 58.8% below the Travel & Leisure median (#161 of 644)

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


GreenTree Hospitality Group Business Description

Other Exchanges GT1A:Germany
Address No. 1058 Yangshupu Road, 3th Floor, Yangpu District, Shanghai, CHN, 200082
GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The Group reports its financial results in two operating segments: Hotel Business, which consists of leased-and-operated hotels and franchised-and-managed hotels operating under the hotel related brand, and Restaurant Business, which consists of leased-and-operated restaurants and franchised-and-managed restaurants operating under the brands of Da Niang and Bellagio. It derives maximum revenue from Hotel Business segment. It operates solely in China and generates all its revenue from China itself.
51GF Score

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

$1.14
Price
$2.46
GF Value