H (Hyatt Hotels) Cyclically Adjusted PB Ratio: 4.37 (As of Aug. 07, 2026) — 71% Above Median

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H Hyatt Hotels Corp H
77 GF Score
Price $177.65
GF Value $166.23
Valuation Fairly Valued
! 5 Warning Signs
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What is Hyatt Hotels Cyclically Adjusted PB Ratio?

Hyatt Hotels H -0.69% 77 Cyclically Adjusted PB Ratio is 4.37 as of Aug. 07, 2026, which is 71% above its 10-year median of 2.56. GuruFocus rates H with a GF Score™ of 77/100 and a GF Value™ of $166.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 643 Travel & Leisure companies, Hyatt Hotels ranks worse than 85.23% on this metric.

As of today (2026-08-07), Hyatt Hotels's current share price is $177.645. Hyatt Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $40.69. Hyatt Hotels's Cyclically Adjusted PB Ratio for today is 4.37.

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

H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.56   Max: 5
Current: 4.4

During the past years, Hyatt Hotels's highest Cyclically Adjusted PB Ratio was 5.00. The lowest was 1.18. And the median was 2.56.

H's Cyclically Adjusted PB Ratio is ranked worse than
85.23% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs H: 4.40

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.

Hyatt Hotels's adjusted book value per share data for the three months ended in Jun. 2026 was $35.065. 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 $40.69 for the trailing ten years ended in Jun. 2026.

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 2.68 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

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
77GF Score
Hyatt Hotels Corp H
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
=177.645/40.69
=4.37

* 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.

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)
=35.065/333.9520*333.9520
=35.065

Current CPI (Jun. 2026) = 333.9520.

Hyatt Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.907 241.428 41.368
201612 29.836 241.432 41.270
201703 29.603 243.801 40.549
201706 30.571 244.955 41.678
201709 30.037 246.819 40.641
201712 32.248 246.524 43.685
201803 35.488 249.554 47.490
201806 33.121 251.989 43.894
201809 35.478 252.439 46.934
201812 34.420 251.233 45.753
201903 34.326 254.202 45.095
201906 34.691 256.143 45.229
201909 36.378 256.759 47.315
201912 39.007 256.974 50.692
202003 36.671 258.115 47.445
202006 34.506 257.797 44.699
202009 33.115 260.280 42.488
202012 31.701 260.474 40.644
202103 28.350 264.877 35.743
202106 28.551 271.696 35.093
202109 32.617 274.310 39.709
202112 32.398 278.802 38.807
202203 31.925 287.504 37.083
202206 33.075 296.311 37.277
202209 32.049 296.808 36.060
202212 34.765 296.797 39.117
202303 34.918 301.836 38.633
202306 35.127 305.109 38.448
202309 34.616 307.789 37.558
202312 34.591 306.746 37.659
202403 36.149 312.332 38.651
202406 38.382 314.175 40.798
202409 38.500 315.301 40.777
202412 36.892 315.605 39.037
202503 36.267 319.799 37.872
202506 37.300 322.561 38.617
202509 36.562 324.800 37.592
202512 35.242 324.054 36.318
202603 34.289 330.213 34.677
202606 35.065 333.952 35.065

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 4.37 mean?
Hyatt Hotels (H) has a Cyclically Adjusted PB Ratio of 4.37 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 Hyatt Hotels and its competitors. This is 71% above median its historical median of 2.56. 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 #548 out of 643 companies in the Travel & Leisure industry, placing it in the top 85.2%.
Is Hyatt Hotels' Cyclically Adjusted PB Ratio too high?
Hyatt Hotels' current Cyclically Adjusted PB Ratio of 4.37 is 71% above median its 10-year median of 2.56. 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 4.37 is 264.2% above this industry median. Based on the distribution chart, Hyatt Hotels ranks #548 out of 643 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hyatt Hotels has a GF Score™ of 77/100 and is considered Fairly Valued, 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 #548 out of 643 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 4.37 is 264.2% 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 2.56 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 643 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 4.37 is 264.2% 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 4.37, which is 71% above median its own 10-year median of 2.56. 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 (H) is currently considered Fairly Valued. The stock's GF Value™ is $166.23, compared to a current price of $177.65 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.37, which is 71% above median its 10-year median of 2.56 and 264.2% above the Travel & Leisure industry median of 1.20. Hyatt Hotels' overall GF Score™ is 77/100 with 5 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 (H), the current Cyclically Adjusted PB Ratio is 4.37 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 Hyatt Hotels (H) Overvalued in 2026?

Based on GuruFocus' analysis, Hyatt Hotels stock appears to be overvalued. The current stock price of $177.65 is trading 6.9% above its estimated GF Value™ of $166.23. GuruFocus considers Hyatt Hotels to be Fairly Valued.

Key valuation signals for H:

  • Cyclically Adjusted PB Ratio: 4.37 (71% above median its 10-year median of 2.56)
  • GF Value™: $166.23 vs. price of $177.65 (6.9% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 264.2% above the Travel & Leisure median (#548 of 643)

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.
77GF 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.

$177.65
Price
$166.23
GF Value