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Hilton Worldwide Holdings (MEX:HLT) Cyclically Adjusted PB Ratio : 51.66 (As of Jun. 25, 2024)


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What is Hilton Worldwide Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Hilton Worldwide Holdings's current share price is MXN3866.00. Hilton Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN74.84. Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio for today is 51.66.

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

MEX:HLT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.78   Med: 20.5   Max: 47.7
Current: 47.7

During the past years, Hilton Worldwide Holdings's highest Cyclically Adjusted PB Ratio was 47.70. The lowest was 14.78. And the median was 20.50.

MEX:HLT's Cyclically Adjusted PB Ratio is ranked worse than
99.2% of 623 companies
in the Travel & Leisure industry
Industry Median: 1.3 vs MEX:HLT: 47.70

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.

Hilton Worldwide Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was MXN-187.296. 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 MXN74.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilton Worldwide Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hilton Worldwide Holdings'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.

Hilton Worldwide Holdings Cyclically Adjusted PB Ratio Chart

Hilton Worldwide Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 20.44 18.42 35.22

Hilton Worldwide Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.13 22.84 25.63 35.22 47.13

Competitive Comparison of Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Hilton Worldwide Holdings'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.


Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio falls into.



Hilton Worldwide Holdings 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.

Hilton Worldwide Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3866.00/74.84
=51.66

* 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.

Hilton Worldwide Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hilton Worldwide Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-187.296/131.7762*131.7762
=-187.296

Current CPI (Mar. 2024) = 131.7762.

Hilton Worldwide Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 191.023 100.560 250.322
201409 195.961 100.428 257.130
201412 213.560 99.070 284.064
201503 215.928 99.621 285.624
201506 243.349 100.684 318.498
201509 267.678 100.392 351.360
201512 312.658 99.792 412.866
201603 325.423 100.470 426.822
201606 357.342 101.688 463.075
201609 381.873 101.861 494.024
201612 369.281 101.863 477.726
201703 91.281 102.862 116.940
201706 84.201 103.349 107.361
201709 81.828 104.136 103.548
201712 104.440 104.011 132.320
201803 99.866 105.290 124.988
201806 36.536 106.317 45.285
201809 36.155 106.507 44.733
201812 36.697 105.998 45.622
201903 6.650 107.251 8.171
201906 -2.003 108.070 -2.442
201909 -14.494 108.329 -17.631
201912 -32.584 108.420 -39.603
202003 -77.327 108.902 -93.569
202006 -108.124 108.767 -130.997
202009 -105.427 109.815 -126.511
202012 -106.772 109.897 -128.029
202103 -119.111 111.754 -140.451
202106 -101.214 114.631 -116.352
202109 -83.216 115.734 -94.751
202112 -60.346 117.630 -67.604
202203 -49.814 121.301 -54.116
202206 -57.613 125.017 -60.728
202209 -67.632 125.227 -71.169
202212 -80.208 125.222 -84.406
202303 -96.427 127.348 -99.780
202306 -93.513 128.729 -95.727
202309 -119.085 129.860 -120.843
202312 -158.032 129.419 -160.910
202403 -187.296 131.776 -187.296

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.


Hilton Worldwide Holdings  (MEX:HLT) 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.


Hilton Worldwide Holdings Cyclically Adjusted PB Ratio Related Terms

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


Hilton Worldwide Holdings (MEX:HLT) Business Description

Address
7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1,127,430 rooms across its 20 plus brands addressing the premium economy scale through luxury segments as of Dec. 31, 2022. Hampton and Hilton are the two largest brands by total room count at 28% and 13%, respectively, as of Dec. 31, 2022. Recent brands launched over the last few years include Home2, Curio, Canopy, Spark, Tru, Tempo, and Project H3. Managed and franchised represent the vast majority of adjusted EBITDA, predominantly from the Americas regions.