Asian Hotels (West) (NSE:AHLWEST) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:AHLWEST Asian Hotels (West) Ltd NSE:AHLWEST
63 GF Score
Price ₹535.00
GF Value ₹265.51
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Asian Hotels (West) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Hotels (West)  (NSE:AHLWEST) 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.


Asian Hotels (West) Cyclically Adjusted PB Ratio Related Terms


Asian Hotels (West) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asian Hotels (West)'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.

Asian Hotels (West) Cyclically Adjusted PB Ratio Chart

Asian Hotels (West) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.73 1.23 3.20

Asian Hotels (West) 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 0.00 2.07 0.00 3.20 0.00

NSE:AHLWEST vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Asian Hotels (West)'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.


Asian Hotels (West) Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asian Hotels (West)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Hotels (West)'s Cyclically Adjusted PB Ratio falls into.


NSE:AHLWEST
63GF Score
Asian Hotels (West) Ltd NSE:AHLWEST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Hotels (West) 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.

Asian Hotels (West)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Asian Hotels (West)'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)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Asian Hotels (West) Quarterly Data

Book Value per Share CPI Adj_Book
201503 197.697 97.163 340.521
201603 141.388 102.518 230.811
201703 118.386 105.196 188.341
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 109.400 109.786 166.768
201806 0.000 111.317 0.000
201809 48.598 115.142 70.637
201812 0.000 115.142 0.000
201903 104.580 118.202 148.070
201906 0.000 120.880 0.000
201909 86.711 123.175 117.814
201912 0.000 126.235 0.000
202003 95.121 124.705 127.655
202006 0.000 127.000 0.000
202009 33.201 130.118 42.703
202012 0.000 130.889 0.000
202103 -32.413 131.771 -41.167
202106 0.000 134.084 0.000
202109 -89.506 135.847 -110.267
202112 0.000 138.161 0.000
202203 -133.221 138.822 -160.605
202206 0.000 142.347 0.000
202209 -126.172 144.661 -145.967
202212 0.000 145.763 0.000
202303 -105.618 146.865 -120.355
202306 0.000 150.280 0.000
202309 -72.583 151.492 -80.184
202312 0.000 152.924 0.000
202403 -100.924 153.035 -110.370
202406 0.000 155.789 0.000
202409 -70.324 157.882 -74.544
202412 0.000 158.323 0.000
202503 -66.954 157.552 -71.121
202506 0.000 159.755 0.000
202509 -38.759 162.289 -39.969
202512 0.000 163.281 0.000
202603 -11.531 164.272 -11.748
202606 0.000 167.357 0.000

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 Asian Hotels (West) (NSE:AHLWEST) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Hotels (West) stock appears to be overvalued. The current stock price of ₹535.00 is trading 101.5% above its estimated GF Value™ of ₹265.51. GuruFocus considers Asian Hotels (West) to be Significantly Overvalued.

Key valuation signals for NSE:AHLWEST:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹265.51 vs. price of ₹535.00 (101.5% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Asian Hotels (West) Business Description

Other Exchanges 533221:India
Address Aria Tower, J.W Marriott, 6th Floor, New Delhi Aero City, Asset Area 4, Hospitality District, Near IGI Airport, New Delhi, IND, 110037
Asian Hotels (West) Ltd is involved in hotel business sector. The company operates in one business segment that is Hotel Business. Their property consists of Hotel Hyatt Regency in Mumbai and JW Marriott Hotel in New Delhi. The company offers Rooms, Wines and Liquor, Food, Beverages, Smokes, and Banquets out of which sale of rooms generate maximum revenue for the company. Company also offer ayurvedic services, body scrubs, and eye treatment in their hotels.
63GF Score

Get the complete analysis for NSE:AHLWEST

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

₹535.00
Price
₹265.51
GF Value