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H World GroupSTU:CL4 -1.92%83 Cyclically Adjusted PB Ratio is 10.20 as of Aug. 25, 2026, which is 13% below its 10-year median of 11.71. GuruFocus rates STU:CL4 with a GF Score™ of 83/100 and a GF Value™ of €3.79 (Fairly Valued). The stock has 3 warning signs investors should review. Among 623 Travel & Leisure companies, H World Group ranks worse than 95.35% on this metric.
The historical rank and industry rank for H World Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
STU:CL4'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.13 Med: 11.71 Max: 22.43
Current: 10.57
During the past years, H World Group's highest Cyclically Adjusted PB Ratio was 22.43. The lowest was 7.13. And the median was 11.71.
STU:CL4's Cyclically Adjusted PB Ratio is ranked worse than 95.35% of 623
companies
in the Travel & Leisure industry
Industry Median: 1.19
vs STU:CL4: 10.57
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.
H World Group's adjusted book value per share data for the three months ended in Jun. 2026 was €0.587. 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 €0.40 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
H World Group (STU:CL4) 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.
H World Group Cyclically Adjusted PB Ratio Related Terms
H World Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for H World Group'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.
STU:CL4 vs H, WH, CHH: Cyclically Adjusted PB Ratio Comparison
For the Lodging subindustry, H World Group'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.
H World Group Cyclically Adjusted PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, H World Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where H World Group's Cyclically Adjusted PB Ratio falls into.
H World Group 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.
H World Group's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 10.20 mean?
H World Group (STU:CL4) has a Cyclically Adjusted PB Ratio of 10.20 as of Aug. 25, 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 H World Group and its competitors. This is 13% below median its historical median of 11.71. Over the past decade, H World Group's Cyclically Adjusted PB Ratio has ranged from 7.13 to 22.43. According to the industry distribution chart, H World Group ranks #594 out of 623 companies in the Travel & Leisure industry, placing it in the top 95.3%.
Is H World Group's Cyclically Adjusted PB Ratio too high?
H World Group's current Cyclically Adjusted PB Ratio of 10.20 is 13% below median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 7.13 to a high of 22.43. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.19. H World Group's value of 10.20 is 757.1% above this industry median. Based on the distribution chart, H World Group ranks #594 out of 623 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, H World Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H World Group's Cyclically Adjusted PB Ratio compare to H and WH?
According to the Travel & Leisure industry distribution chart, H World Group ranks #594 out of 623 companies for Cyclically Adjusted PB Ratio. This places H World Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. H World Group's value of 10.20 is 757.1% above this benchmark. Historically, H World Group's own Cyclically Adjusted PB Ratio has ranged from 7.13 to 22.43 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 1.19, H World Group 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 1.19, based on 623 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. H World Group's current Cyclically Adjusted PB Ratio of 10.20 is 757.1% 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 H World Group and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H World Group's current Cyclically Adjusted PB Ratio is 10.20, which is 13% below median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H World Group stock overvalued right now?
Based on GuruFocus' analysis, H World Group (STU:CL4) is currently considered Fairly Valued. The stock's GF Value™ is €3.79, compared to a current price of €4.08 — trading 7.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.20, which is 13% below median its 10-year median of 11.71 and 757.1% above the Travel & Leisure industry median of 1.19. H World Group's overall GF Score™ is 83/100 with 3 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 H World Group (STU:CL4), the current Cyclically Adjusted PB Ratio is 10.20 as of Aug. 25, 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 H World Group (STU:CL4) Overvalued in 2026?
Based on GuruFocus' analysis, H World Group stock appears to be overvalued.
The current stock price of €4.08 is trading 7.7% above its estimated GF Value™ of €3.79.
GuruFocus considers H World Group to be Fairly Valued.
Key valuation signals for STU:CL4:
Cyclically Adjusted PB Ratio: 10.20 (13% below median its 10-year median of 11.71)
GF Value™: €3.79 vs. price of €4.08 (7.7% above fair value)
Industry Position: 757.1% above the Travel & Leisure median (#594 of 623)
No single metric tells the full story. See the STU:CL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H World Group Ltd a foremost, fast-growing multi-brand hotel group with international operations. The principal business activities of the Company are to develop and operate leased and owned, manachised and franchised hotels mainly in the PRC or PRC Mainland. The Group has two operating segments which are legacy Huazhu and legacy DH according to the way management intends to evaluate results and allocate resources within the Group. The majority of revenue comes from legacy Huazhu. The company has presence in Greater China and also Outside Greater China.
83GF Score
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