Host Hotels & Resorts (MEX:HST) Cyclically Adjusted PB Ratio: 2.93 (As of Sep. 04, 2026) — 82% Above Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:HST Host Hotels & Resorts Inc MEX:HST
52 GF Score
Price MXN434.85
GF Value MXN397.87
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Host Hotels & Resorts Cyclically Adjusted PB Ratio?

Host Hotels & Resorts MEX:HST 52 Cyclically Adjusted PB Ratio is 2.93 as of Sep. 04, 2026, which is 82% above its 10-year median of 1.61. GuruFocus rates MEX:HST with a GF Score™ of 52/100 and a GF Value™ of MXN397.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 549 REITs companies, Host Hotels & Resorts ranks worse than 88.34% on this metric.

As of today (2026-09-04), Host Hotels & Resorts's current share price is MXN434.85. Host Hotels & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN148.58. Host Hotels & Resorts's Cyclically Adjusted PB Ratio for today is 2.93.

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

MEX:HST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.61   Max: 2.19
Current: 1.91

During the past years, Host Hotels & Resorts's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 0.87. And the median was 1.61.

MEX:HST's Cyclically Adjusted PB Ratio is ranked worse than
88.34% of 549 companies
in the REITs industry
Industry Median: 0.79 vs MEX:HST: 1.91

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.

Host Hotels & Resorts's adjusted book value per share data for the three months ended in Jun. 2026 was MXN162.721. 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 MXN148.58 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Host Hotels & Resorts  (MEX:HST) 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.


Host Hotels & Resorts Cyclically Adjusted PB Ratio Related Terms


Host Hotels & Resorts Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Host 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.

Host Hotels & Resorts Cyclically Adjusted PB Ratio Chart

Host Hotels & Resorts 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 1.60 1.42 1.71 1.54 1.56

Host Hotels & Resorts 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 1.34 1.49 1.56 1.67 2.06

MEX:HST vs RHP, APLE, PK: Cyclically Adjusted PB Ratio Comparison

For the REIT - Hotel & Motel subindustry, Host 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.


Host Hotels & Resorts Cyclically Adjusted PB Ratio vs REITs Industry

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

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


MEX:HST
52GF Score
Host Hotels & Resorts Inc MEX:HST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Host 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=434.85/148.58
=2.93

* 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.

Host Hotels & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Host Hotels & Resorts'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)
=162.721/333.9520*333.9520
=162.721

Current CPI (Jun. 2026) = 333.9520.

Host Hotels & Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201609 185.758 241.428 256.947
201612 195.440 241.432 270.335
201703 179.113 243.801 245.344
201706 173.738 244.955 236.860
201709 173.866 246.819 235.245
201712 185.288 246.524 250.999
201803 174.404 249.554 233.387
201806 189.589 251.989 251.256
201809 185.078 252.439 244.840
201812 198.737 251.233 264.172
201903 196.703 254.202 258.414
201906 196.483 256.143 256.169
201909 206.048 256.759 267.995
201912 193.491 256.974 251.452
202003 234.979 258.115 304.018
202006 219.856 257.797 284.803
202009 200.520 260.280 257.277
202012 178.250 260.474 228.533
202103 177.893 264.877 224.284
202106 173.770 271.696 213.587
202109 176.275 274.310 214.602
202112 185.031 278.802 221.632
202203 181.617 287.504 210.958
202206 190.712 296.311 214.939
202209 191.668 296.808 215.654
202212 183.373 296.797 206.329
202303 173.813 301.836 192.307
202306 168.017 305.109 183.900
202309 169.645 307.789 184.065
202312 160.020 306.746 174.213
202403 158.561 312.332 169.537
202406 177.749 314.175 188.938
202409 189.072 315.301 200.256
202412 197.161 315.605 208.623
202503 196.118 319.799 204.797
202506 181.801 322.561 188.221
202509 177.680 324.800 182.687
202512 171.680 324.054 176.924
202603 179.748 330.213 181.783
202606 162.721 333.952 162.721

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 2.93 mean?
Host Hotels & Resorts (MEX:HST) has a Cyclically Adjusted PB Ratio of 2.93 as of Sep. 04, 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 Host Hotels & Resorts and its competitors. This is 82% above median its historical median of 1.61. Over the past decade, Host Hotels & Resorts' Cyclically Adjusted PB Ratio has ranged from 0.87 to 2.19. According to the industry distribution chart, Host Hotels & Resorts ranks #485 out of 549 companies in the REITs industry, placing it in the top 88.3%.
Is Host Hotels & Resorts' Cyclically Adjusted PB Ratio too high?
Host Hotels & Resorts' current Cyclically Adjusted PB Ratio of 2.93 is 82% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.19. The REITs industry median Cyclically Adjusted PB Ratio is 0.79. Host Hotels & Resorts' value of 2.93 is 270.9% above this industry median. Based on the distribution chart, Host Hotels & Resorts ranks #485 out of 549 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Host Hotels & Resorts has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Host Hotels & Resorts' Cyclically Adjusted PB Ratio compare to RHP and APLE?
According to the REITs industry distribution chart, Host Hotels & Resorts ranks #485 out of 549 companies for Cyclically Adjusted PB Ratio. This places Host Hotels & Resorts in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.79. Host Hotels & Resorts' value of 2.93 is 270.9% above this benchmark. Historically, Host Hotels & Resorts' own Cyclically Adjusted PB Ratio has ranged from 0.87 to 2.19 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.79, Host Hotels & Resorts 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.79, based on 549 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. Host Hotels & Resorts's current Cyclically Adjusted PB Ratio of 2.93 is 270.9% 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 Host Hotels & Resorts and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Host Hotels & Resorts's current Cyclically Adjusted PB Ratio is 2.93, which is 82% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Host Hotels & Resorts stock overvalued right now?
Based on GuruFocus' analysis, Host Hotels & Resorts (MEX:HST) is currently considered Fairly Valued. The stock's GF Value™ is MXN397.87, compared to a current price of MXN434.85 — trading 9.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.93, which is 82% above median its 10-year median of 1.61 and 270.9% above the REITs industry median of 0.79. Host Hotels & Resorts' overall GF Score™ is 52/100 with 6 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 Host Hotels & Resorts (MEX:HST), the current Cyclically Adjusted PB Ratio is 2.93 as of Sep. 04, 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 Host Hotels & Resorts (MEX:HST) Overvalued in 2026?

Based on GuruFocus' analysis, Host Hotels & Resorts stock appears to be overvalued. The current stock price of MXN434.85 is trading 9.3% above its estimated GF Value™ of MXN397.87. GuruFocus considers Host Hotels & Resorts to be Fairly Valued.

Key valuation signals for MEX:HST:

  • Cyclically Adjusted PB Ratio: 2.93 (82% above median its 10-year median of 1.61)
  • GF Value™: MXN397.87 vs. price of MXN434.85 (9.3% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 270.9% above the REITs median (#485 of 549)

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


Host Hotels & Resorts Business Description

Industry Real EstateREITs
Address 4747 Bethesda Avenue, Suite 1300, Bethesda, MD, USA, 20814
Host Hotels & Resorts owns 78 predominantly urban and resort upper-upscale and luxury hotel properties representing over 42,000 rooms, mainly in the United States. Host sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.
52GF Score

Get the complete analysis for MEX:HST

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

MXN434.85
Price
MXN397.87
GF Value