RHP (Ryman Hospitality Properties) Cyclically Adjusted PB Ratio: 15.52 (As of Aug. 12, 2026) — 128% Above Median

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RHP Ryman Hospitality Properties Inc RHP
72 GF Score
Price $123.83
GF Value $111.52
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Ryman Hospitality Properties Cyclically Adjusted PB Ratio?

Ryman Hospitality Properties RHP +1.44% 72 Cyclically Adjusted PB Ratio is 15.52 as of Aug. 12, 2026, which is 128% above its 10-year median of 6.82. GuruFocus rates RHP with a GF Score™ of 72/100 and a GF Value™ of $111.52 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 554 REITs companies, Ryman Hospitality Properties ranks worse than 99.1% on this metric.

As of today (2026-08-12), Ryman Hospitality Properties's current share price is $123.83. Ryman Hospitality Properties's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $7.98. Ryman Hospitality Properties's Cyclically Adjusted PB Ratio for today is 15.52.

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

RHP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.51   Med: 6.82   Max: 16.81
Current: 15.3

During the past years, Ryman Hospitality Properties's highest Cyclically Adjusted PB Ratio was 16.81. The lowest was 1.51. And the median was 6.82.

RHP's Cyclically Adjusted PB Ratio is ranked worse than
99.1% of 554 companies
in the REITs industry
Industry Median: 0.81 vs RHP: 15.30

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.

Ryman Hospitality Properties's adjusted book value per share data for the three months ended in Jun. 2026 was $10.982. 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 $7.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryman Hospitality Properties  (NYSE:RHP) 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.


Ryman Hospitality Properties Cyclically Adjusted PB Ratio Related Terms


Ryman Hospitality Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ryman Hospitality Properties'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.

Ryman Hospitality Properties Cyclically Adjusted PB Ratio Chart

Ryman Hospitality Properties 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 8.67 9.31 14.23 14.22 12.35

Ryman Hospitality Properties 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 13.10 11.73 12.35 11.74 16.11

RHP vs APLE, PK, DRH: Cyclically Adjusted PB Ratio Comparison

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties'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.


Ryman Hospitality Properties Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Ryman Hospitality Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ryman Hospitality Properties's Cyclically Adjusted PB Ratio falls into.


RHP
72GF Score
Ryman Hospitality Properties Inc RHP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ryman Hospitality Properties 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.

Ryman Hospitality Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=123.83/7.98
=15.52

* 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.

Ryman Hospitality Properties's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ryman Hospitality Properties'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)
=10.982/333.9520*333.9520
=10.982

Current CPI (Jun. 2026) = 333.9520.

Ryman Hospitality Properties Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.938 241.428 9.597
201612 7.291 241.432 10.085
201703 7.071 243.801 9.686
201706 7.213 244.955 9.834
201709 6.864 246.819 9.287
201712 7.386 246.524 10.005
201803 7.019 249.554 9.393
201806 7.281 251.989 9.649
201809 6.964 252.439 9.213
201812 9.147 251.233 12.159
201903 8.564 254.202 11.251
201906 8.456 256.143 11.025
201909 6.054 256.759 7.874
201912 11.744 256.974 15.262
202003 10.188 258.115 13.181
202006 7.161 257.797 9.276
202009 4.946 260.280 6.346
202012 3.734 260.474 4.787
202103 1.902 264.877 2.398
202106 -0.690 271.696 -0.848
202109 -0.712 274.310 -0.867
202112 -0.404 278.802 -0.484
202203 -0.668 287.504 -0.776
202206 0.113 296.311 0.127
202209 0.935 296.808 1.052
202212 1.727 296.797 1.943
202303 1.801 301.836 1.993
202306 8.341 305.109 9.130
202309 7.887 307.789 8.557
202312 9.532 306.746 10.377
202403 8.848 312.332 9.460
202406 9.393 314.175 9.984
202409 9.213 315.301 9.758
202412 9.164 315.605 9.697
202503 8.859 319.799 9.251
202506 12.705 322.561 13.154
202509 12.040 324.800 12.379
202512 11.906 324.054 12.270
202603 11.612 330.213 11.743
202606 10.982 333.952 10.982

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 15.52 mean?
Ryman Hospitality Properties (RHP) has a Cyclically Adjusted PB Ratio of 15.52 as of Aug. 12, 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 Ryman Hospitality Properties and its competitors. This is 128% above median its historical median of 6.82. Over the past decade, Ryman Hospitality Properties' Cyclically Adjusted PB Ratio has ranged from 1.51 to 16.81. According to the industry distribution chart, Ryman Hospitality Properties ranks #549 out of 554 companies in the REITs industry, placing it in the top 99.1%.
Is Ryman Hospitality Properties' Cyclically Adjusted PB Ratio too high?
Ryman Hospitality Properties' current Cyclically Adjusted PB Ratio of 15.52 is 128% above median its 10-year median of 6.82. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 16.81. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Ryman Hospitality Properties' value of 15.52 is 1816% above this industry median. Based on the distribution chart, Ryman Hospitality Properties ranks #549 out of 554 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ryman Hospitality Properties has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ryman Hospitality Properties' Cyclically Adjusted PB Ratio compare to APLE and PK?
According to the REITs industry distribution chart, Ryman Hospitality Properties ranks #549 out of 554 companies for Cyclically Adjusted PB Ratio. This places Ryman Hospitality Properties in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Ryman Hospitality Properties' value of 15.52 is 1816% above this benchmark. Historically, Ryman Hospitality Properties' own Cyclically Adjusted PB Ratio has ranged from 1.51 to 16.81 over the past decade. While the company's 10-year median is 6.82 vs. the industry median of 0.81, Ryman Hospitality Properties 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 0.81, based on 554 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. Ryman Hospitality Properties's current Cyclically Adjusted PB Ratio of 15.52 is 1816% 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 Ryman Hospitality Properties and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryman Hospitality Properties's current Cyclically Adjusted PB Ratio is 15.52, which is 128% above median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryman Hospitality Properties stock overvalued right now?
Based on GuruFocus' analysis, Ryman Hospitality Properties (RHP) is currently considered Modestly Overvalued. The stock's GF Value™ is $111.52, compared to a current price of $123.83 — trading 11% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 15.52, which is 128% above median its 10-year median of 6.82 and 1816% above the REITs industry median of 0.81. Ryman Hospitality Properties' overall GF Score™ is 72/100 with 9 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 Ryman Hospitality Properties (RHP), the current Cyclically Adjusted PB Ratio is 15.52 as of Aug. 12, 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 Ryman Hospitality Properties (RHP) Overvalued in 2026?

Based on GuruFocus' analysis, Ryman Hospitality Properties stock appears to be overvalued. The current stock price of $123.83 is trading 11% above its estimated GF Value™ of $111.52. GuruFocus considers Ryman Hospitality Properties to be Modestly Overvalued.

Key valuation signals for RHP:

  • Cyclically Adjusted PB Ratio: 15.52 (128% above median its 10-year median of 6.82)
  • GF Value™: $111.52 vs. price of $123.83 (11% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 1816% above the REITs median (#549 of 554)

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


Ryman Hospitality Properties Business Description

Industry Real EstateREITs
Address One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings include meetings-focused resorts that are managed by Marriott under the Gaylord Hotels and JW Marriott brands. The company's operations are organized into three segments: Hospitality, Entertainment, and Corporate and Other. The majority of its revenue is generated from the Hospitality segment, which includes the Gaylord Hotels properties, JW Marriott properties, the Inn at Opryland, and the AC Hotel in its portfolio. The Entertainment segment includes the entertainment and media assets comprising Opry Entertainment Group, and the Corporate and Other segment includes corporate expenses.
72GF 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.

$123.83
Price
$111.52
GF Value