Hotelim (XPAR:MLHOT) Cyclically Adjusted PB Ratio: 1.35 (As of Aug. 13, 2026) — Near Median

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XPAR:MLHOT Hotelim XPAR:MLHOT
88 GF Score
Price €55.00
GF Value €37.45
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hotelim Cyclically Adjusted PB Ratio?

Hotelim XPAR:MLHOT 88 Cyclically Adjusted PB Ratio is 1.35 as of Aug. 13, 2026, which is 4% above its 10-year median of 1.30. GuruFocus rates XPAR:MLHOT with a GF Score™ of 88/100 and a GF Value™ of €37.45 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 641 Travel & Leisure companies, Hotelim ranks worse than 53.04% on this metric.

As of today (2026-08-13), Hotelim's current share price is €55.00. Hotelim's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €40.83. Hotelim's Cyclically Adjusted PB Ratio for today is 1.35.

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

XPAR:MLHOT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.3   Max: 1.69
Current: 1.35

During the past 11 years, Hotelim's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.94. And the median was 1.30.

XPAR:MLHOT's Cyclically Adjusted PB Ratio is ranked worse than
53.04% of 641 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs XPAR:MLHOT: 1.35

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.

Hotelim's adjusted book value per share data of for the fiscal year that ended in Dec25 was €47.366. 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 €40.83 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hotelim  (XPAR:MLHOT) 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.


Hotelim Cyclically Adjusted PB Ratio Related Terms


Hotelim Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hotelim'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.

Hotelim Cyclically Adjusted PB Ratio Chart

Hotelim 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 0.00 0.00 0.00 0.94 1.14

Hotelim Semi-Annual Data
Dec15 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 Premium Member Only 0.00 0.00 0.00 0.94 1.14

XPAR:MLHOT vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Hotelim'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.


Hotelim Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


XPAR:MLHOT
88GF Score
Hotelim XPAR:MLHOT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotelim 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=55.00/40.83
=1.35

* 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.

Hotelim's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Hotelim's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=47.366/120.9000*120.9000
=47.366

Current CPI (Dec25) = 120.9000.

Hotelim Annual Data

Book Value per Share CPI Adj_Book
201612 21.229 100.650 25.500
201712 33.830 101.850 40.158
201812 35.529 103.470 41.514
201912 37.101 104.980 42.727
202012 34.439 104.960 39.669
202112 35.389 107.850 39.671
202212 39.714 114.160 42.059
202312 43.364 118.390 44.283
202412 44.988 119.950 45.344
202512 47.366 120.900 47.366

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 1.35 mean?
Hotelim (XPAR:MLHOT) has a Cyclically Adjusted PB Ratio of 1.35 as of Aug. 13, 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 Hotelim and its competitors. This is near median its historical median of 1.30. Over the past decade, Hotelim's Cyclically Adjusted PB Ratio has ranged from 0.94 to 1.69. According to the industry distribution chart, Hotelim ranks #340 out of 641 companies in the Travel & Leisure industry, placing it in the top 53%.
Is Hotelim's Cyclically Adjusted PB Ratio too high?
Hotelim's current Cyclically Adjusted PB Ratio of 1.35 is near median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.69. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Hotelim's value of 1.35 is 12.5% above this industry median. Based on the distribution chart, Hotelim ranks #340 out of 641 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Hotelim has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hotelim's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hotelim ranks #340 out of 641 companies for Cyclically Adjusted PB Ratio. This places Hotelim in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Hotelim's value of 1.35 is 12.5% above this benchmark. Historically, Hotelim's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 1.69 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.20, Hotelim 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 1.20, based on 641 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. Hotelim's current Cyclically Adjusted PB Ratio of 1.35 is 12.5% 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 Hotelim and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotelim's current Cyclically Adjusted PB Ratio is 1.35, which is near median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotelim stock overvalued right now?
Based on GuruFocus' analysis, Hotelim (XPAR:MLHOT) is currently considered Significantly Overvalued. The stock's GF Value™ is €37.45, compared to a current price of €55.00 — trading 46.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.35, which is near median its 10-year median of 1.30 and 12.5% above the Travel & Leisure industry median of 1.20. Hotelim's overall GF Score™ is 88/100 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 Hotelim (XPAR:MLHOT), the current Cyclically Adjusted PB Ratio is 1.35 as of Aug. 13, 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 Hotelim (XPAR:MLHOT) Overvalued in 2026?

Based on GuruFocus' analysis, Hotelim stock appears to be overvalued. The current stock price of €55.00 is trading 46.9% above its estimated GF Value™ of €37.45. GuruFocus considers Hotelim to be Significantly Overvalued.

Key valuation signals for XPAR:MLHOT:

  • Cyclically Adjusted PB Ratio: 1.35 (near median its 10-year median of 1.30)
  • GF Value™: €37.45 vs. price of €55.00 (46.9% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 12.5% above the Travel & Leisure median (#340 of 641)

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


Hotelim Business Description

Address 11 avenue Myron Herrick, Paris, FRA, 75008
Hotelim is engaged in hotel management. It manages several hotel establishments, for its own profit and on behalf of third-party investors, in France and abroad.
88GF Score

Get the complete analysis for XPAR:MLHOT

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

€55.00
Price
€37.45
GF Value