WTBCF (Whitbread) Cyclically Adjusted PB Ratio: 1.04 (As of Jul. 02, 2026) — 50% Below Median


WTBCF Whitbread PLC WTBCF
67 GF Score
Price $31.09
GF Value $42.80
! 4 Warning Signs
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What is Whitbread Cyclically Adjusted PB Ratio?

Whitbread WTBCF 67 Cyclically Adjusted PB Ratio is 1.04 as of Jul. 02, 2026, which is 50% below its 10-year median of 2.08. GuruFocus rates WTBCF with a GF Score™ of 67/100 and a GF Value™ of $42.80. The stock has 4 warning signs investors should review. Among 650 Travel & Leisure companies, Whitbread ranks better than 56.15% on this metric.

As of today (2026-07-02), Whitbread's current share price is $31.09. Whitbread's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 was $29.98. Whitbread's Cyclically Adjusted PB Ratio for today is 1.04.

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

WTBCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 2.08   Max: 5.03
Current: 1.05

During the past 13 years, Whitbread's highest Cyclically Adjusted PB Ratio was 5.03. The lowest was 1.00. And the median was 2.08.

WTBCF's Cyclically Adjusted PB Ratio is ranked better than
56.15% of 650 companies
in the Travel & Leisure industry
Industry Median: 1.245 vs WTBCF: 1.05

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.

Whitbread's adjusted book value per share data of for the fiscal year that ended in Feb26 was $25.496. 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 $29.98 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Whitbread  (OTCPK:WTBCF) 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.


Whitbread Cyclically Adjusted PB Ratio Related Terms


Whitbread Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Whitbread'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.

Whitbread Cyclically Adjusted PB Ratio Chart

Whitbread Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.65 1.63 1.24 1.15

Whitbread Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.63 0.00 1.24 0.00 1.15

WTBCF vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Whitbread'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.


Whitbread Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


WTBCF
67GF Score
Whitbread PLC WTBCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Whitbread 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.

Whitbread's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.09/29.98
=1.04

* 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.

Whitbread's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Whitbread's adjusted Book Value per Share data for the fiscal year that ended in Feb26 was:

Adj_Book=Book Value per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=25.496/140.0000*140.0000
=25.496

Current CPI (Feb26) = 140.0000.

Whitbread Annual Data

Book Value per Share CPI Adj_Book
201702 14.806 102.400 20.243
201802 16.877 104.900 22.524
201902 35.036 106.800 45.927
202002 28.378 108.600 36.583
202102 26.336 109.400 33.702
202202 27.618 115.400 33.505
202302 24.718 126.000 27.464
202402 24.135 130.800 25.833
202502 23.823 135.600 24.596
202602 25.496 140.000 25.496

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 1.04 mean?
Whitbread (WTBCF) has a Cyclically Adjusted PB Ratio of 1.04 as of Jul. 02, 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 Whitbread and its competitors. This is 50% below median its historical median of 2.08. Over the past decade, Whitbread's Cyclically Adjusted PB Ratio has ranged from 1.00 to 5.03. According to the industry distribution chart, Whitbread ranks #285 out of 650 companies in the Travel & Leisure industry, placing it in the top 43.8%.
Is Whitbread's Cyclically Adjusted PB Ratio too high?
Whitbread's current Cyclically Adjusted PB Ratio of 1.04 is 50% below median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.03. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.25. Whitbread's value of 1.04 is 16.5% below this industry median. Based on the distribution chart, Whitbread ranks #285 out of 650 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Whitbread has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Whitbread's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Whitbread ranks #285 out of 650 companies for Cyclically Adjusted PB Ratio. This puts Whitbread in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Whitbread's value of 1.04 is 16.5% below this benchmark. Historically, Whitbread's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 5.03 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.25, Whitbread has consistently been below 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 1.25, based on 650 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. Whitbread's current Cyclically Adjusted PB Ratio of 1.04 is 16.5% below 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 Whitbread and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitbread's current Cyclically Adjusted PB Ratio is 1.04, which is 50% below median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitbread stock overvalued right now?
Whitbread (WTBCF) has a current Cyclically Adjusted PB Ratio of 1.04. The stock's GF Value™ is $42.80, compared to a current price of $31.09 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is 50% below median its 10-year median of 2.08 and 16.5% below the Travel & Leisure industry median of 1.25. Whitbread's overall GF Score™ is 67/100 with 4 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 Whitbread (WTBCF), the current Cyclically Adjusted PB Ratio is 1.04 as of Jul. 02, 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 Whitbread (WTBCF) Overvalued in 2026?

Based on GuruFocus' analysis, Whitbread stock appears to be undervalued. The current stock price of $31.09 is trading 27.4% below its estimated GF Value™ of $42.80.

Key valuation signals for WTBCF:

  • Cyclically Adjusted PB Ratio: 1.04 (50% below median its 10-year median of 2.08)
  • GF Value™: $42.80 vs. price of $31.09 (27.4% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 16.5% below the Travel & Leisure median (#285 of 650)

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


Whitbread Business Description

Address Porz Avenue, Whitbread Court, Houghton Hall Business Park, Dunstable, Bedfordshire, GBR, LU5 5XE
Whitbread PLC owns hotels and restaurants that operate in the United Kingdom. It operates more than 800 hotels under the Premier Inn brand and provides services in relation to accommodation and food both in the UK and internationally. Restaurant brands include Beefeater, Brewers Fayre, Cookhouse & Pub, Bar Block and Others. Geographically the company derives majority of revenue from UK division.
67GF Score

Get the complete analysis for WTBCF

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

$31.09
Price
$42.80
GF Value