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VAC (Marriott Vacations Worldwide) Cyclically Adjusted PB Ratio : 0.97 (As of May. 10, 2025)


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What is Marriott Vacations Worldwide Cyclically Adjusted PB Ratio?

As of today (2025-05-10), Marriott Vacations Worldwide's current share price is $64.65. Marriott Vacations Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $66.79. Marriott Vacations Worldwide's Cyclically Adjusted PB Ratio for today is 0.97.

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

VAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.24   Max: 3.75
Current: 0.95

During the past years, Marriott Vacations Worldwide's highest Cyclically Adjusted PB Ratio was 3.75. The lowest was 0.95. And the median was 2.24.

VAC's Cyclically Adjusted PB Ratio is ranked better than
57.48% of 588 companies
in the Travel & Leisure industry
Industry Median: 1.245 vs VAC: 0.95

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.

Marriott Vacations Worldwide's adjusted book value per share data for the three months ended in Dec. 2024 was $70.015. 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 $66.79 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marriott Vacations Worldwide Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marriott Vacations Worldwide'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.

Marriott Vacations Worldwide Cyclically Adjusted PB Ratio Chart

Marriott Vacations Worldwide Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 3.08 2.29 1.34 1.34

Marriott Vacations Worldwide Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.66 1.34 1.11 1.34

Competitive Comparison of Marriott Vacations Worldwide's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Marriott Vacations Worldwide'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.


Marriott Vacations Worldwide's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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


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Marriott Vacations Worldwide 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.

Marriott Vacations Worldwide's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.65/66.79
=0.97

* 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.

Marriott Vacations Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Marriott Vacations Worldwide's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=70.015/133.1571*133.1571
=70.015

Current CPI (Dec. 2024) = 133.1571.

Marriott Vacations Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201406 34.834 100.560 46.126
201412 33.643 99.070 45.219
201503 32.853 99.621 43.912
201506 33.635 100.684 44.483
201512 33.038 99.792 44.084
201603 32.367 100.470 42.897
201606 31.384 101.688 41.096
201612 33.635 101.863 43.968
201703 34.376 102.862 44.500
201706 35.659 103.349 45.944
201709 35.828 104.136 45.813
201712 39.341 104.011 50.365
201803 40.137 105.290 50.760
201806 40.104 106.317 50.228
201809 74.060 106.507 92.591
201812 75.251 105.998 94.532
201903 74.385 107.251 92.353
201906 74.380 108.070 91.647
201909 73.065 108.329 89.811
201912 72.604 108.420 89.169
202003 67.229 108.902 82.203
202006 65.736 108.767 80.477
202009 64.730 109.815 78.489
202012 64.511 109.897 78.165
202103 65.636 111.754 78.206
202106 69.825 114.631 81.109
202109 69.601 115.734 80.079
202112 70.383 117.630 79.674
202203 67.401 121.301 73.989
202206 68.004 125.017 72.432
202209 67.841 125.227 72.137
202212 66.594 125.222 70.814
202303 66.839 127.348 69.888
202306 67.893 128.729 70.229
202309 67.479 129.860 69.193
202312 67.442 129.419 69.390
202403 67.654 131.776 68.363
202406 67.663 132.554 67.971
202409 69.219 133.029 69.286
202412 70.015 133.157 70.015

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.


Marriott Vacations Worldwide  (NYSE:VAC) 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.


Marriott Vacations Worldwide Cyclically Adjusted PB Ratio Related Terms

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


Marriott Vacations Worldwide Business Description

Traded in Other Exchanges
Address
7812 Palm Parkway, Orlando, FL, USA, 32836
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
Executives
Stephanie Sobeck Butera officer: EVP & COO of HVO 9002 SAN MARCO CT, ORLANDO FL 32819
Geller John E Jr officer: Exec. VP and CFO 6649 WESTWOOD BLVD., ORLANDO FL 32821
Charles Elliott Andrews director C/O H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Lori M Gustafson officer: EVP & Chief Brand & Digital 6649 WESTWOOD BOULEVARD, ORLANDO FL 32821
Jason P Marino officer: EVP, Chief Financial Officer 9002 SAN MARCO COURT, ORLANDO FL 32819
Anthony E Terry officer: EVP, CFO 9002 SAN MARCO COURT, ORLANDO FL 32819
Raman Bukkapatnam officer: EVP & CIO 9002 SAN MARCO COURT, ORLANDO FL 32819
Dwight D. Smith officer: Sr. VP & CIO 6649 WESTWOOD BLVD., ORLANDO FL 32821
Michael E. Yonker officer: Sr. VP & Chief HR Officer 6649 WESTWOOD BLVD., ORLANDO FL 32821
Lizabeth Kane-hanan officer: Exec. VP & Chief Growth & Inv. 6649 WESTWOOD BLVD., ORLANDO FL 32821
Kathleen A. Pighini officer: SVP and CAO 9002 SAN MARCO COURT, ORLANDO FL 32819
Jonice Gray Tucker director 9002 SAN MARCO COURT, ORLANDO FL 32819
R. Lee Cunningham officer: Exec VP & COO-N.Am & Carribean 6649 WESTWOOD BLVD., ORLANDO FL 32821
Melquiades R. Martinez director 450 SOUTH ORANGE AVENUE, SUITE 250, ORLANDO FL 32801-3443
Hunter James H. Iv officer: Exec. VP & General Counsel 6649 WESTWOOD BLVD., ORLANDO FL 32821