H (Hyatt Hotels) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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H Hyatt Hotels Corp H
79 GF Score
Price $156.95
GF Value $163.88
Valuation Fairly Valued
! 4 Warning Signs
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What is Hyatt Hotels Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyatt Hotels  (NYSE:H) 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 2.66 2.38 3.37 3.96 3.96

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 3.58 3.61 4.10 3.61 4.83

H 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.


H
79GF Score
Hyatt Hotels Corp H
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 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)
=38.438/333.9520*333.9520
=38.438

Current CPI (Jun. 2026) = 333.9520.

Hyatt Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.937 241.428 41.410
201612 29.874 241.432 41.322
201703 29.722 243.801 40.712
201706 30.690 244.955 41.840
201709 30.169 246.819 40.819
201712 0.134 246.524 0.182
201803 35.539 249.554 47.558
201806 33.175 251.989 43.966
201809 35.532 252.439 47.005
201812 34.486 251.233 45.841
201903 34.383 254.202 45.170
201906 34.739 256.143 45.292
201909 36.426 256.759 47.377
201912 37.206 256.974 48.351
202003 36.701 258.115 47.484
202006 34.535 257.797 44.737
202009 33.144 260.280 42.525
202012 31.731 260.474 40.682
202103 28.380 264.877 35.781
202106 28.580 271.696 35.129
202109 32.645 274.310 39.743
202112 32.425 278.802 38.839
202203 31.952 287.504 37.114
202206 33.103 296.311 37.308
202209 32.077 296.808 36.091
202212 34.793 296.797 39.149
202303 34.946 301.836 38.664
202306 35.155 305.109 38.478
202309 34.644 307.789 37.589
202312 34.620 306.746 37.691
202403 36.168 312.332 38.672
202406 38.402 314.175 40.819
202409 38.531 315.301 40.810
202412 39.794 315.605 42.107
202503 39.421 319.799 41.166
202506 40.715 322.561 42.153
202509 39.963 324.800 41.089
202512 38.677 324.054 39.858
202603 37.720 330.213 38.147
202606 38.438 333.952 38.438

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 Hyatt Hotels (H) Overvalued in 2026?

Based on GuruFocus' analysis, Hyatt Hotels stock appears to be undervalued. The current stock price of $156.95 is trading 4.2% below its estimated GF Value™ of $163.88. GuruFocus considers Hyatt Hotels to be Fairly Valued.

Key valuation signals for H:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $163.88 vs. price of $156.95 (4.2% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Hyatt Hotels Business Description

Other Exchanges 1HTA: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 H

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

$156.95
Price
$163.88
GF Value