Arena Hospitality Group DD (ZAG:ARNT) Cyclically Adjusted PB Ratio: 0.79 (As of Sep. 01, 2026) — Near Median

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ZAG:ARNT Arena Hospitality Group DD ZAG:ARNT
70 GF Score
Price €40.40
GF Value €36.45
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Arena Hospitality Group DD Cyclically Adjusted PB Ratio?

Arena Hospitality Group DD ZAG:ARNT +1.00% 70 Cyclically Adjusted PB Ratio is 0.79 as of Sep. 01, 2026, which is 5% above its 10-year median of 0.75. GuruFocus rates ZAG:ARNT with a GF Score™ of 70/100 and a GF Value™ of €36.45 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 602 Travel & Leisure companies, Arena Hospitality Group DD ranks better than 64.95% on this metric.

As of today (2026-09-01), Arena Hospitality Group DD's current share price is €40.40. Arena Hospitality Group DD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €50.86. Arena Hospitality Group DD's Cyclically Adjusted PB Ratio for today is 0.79.

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

ZAG:ARNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.75   Max: 7.6
Current: 0.79

During the past years, Arena Hospitality Group DD's highest Cyclically Adjusted PB Ratio was 7.60. The lowest was 0.57. And the median was 0.75.

ZAG:ARNT's Cyclically Adjusted PB Ratio is ranked better than
64.95% of 602 companies
in the Travel & Leisure industry
Industry Median: 1.175 vs ZAG:ARNT: 0.79

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.

Arena Hospitality Group DD's adjusted book value per share data for the three months ended in Jun. 2026 was €41.854. 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 €50.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arena Hospitality Group DD  (ZAG:ARNT) 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.


Arena Hospitality Group DD Cyclically Adjusted PB Ratio Related Terms


Arena Hospitality Group DD Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arena Hospitality Group DD'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.

Arena Hospitality Group DD Cyclically Adjusted PB Ratio Chart

Arena Hospitality Group DD 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 6.27 4.78 0.60 0.63 0.70

Arena Hospitality Group DD 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 0.78 0.76 0.70 0.70 0.83

ZAG:ARNT vs MAR, HLT, H: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Arena Hospitality Group DD'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.


Arena Hospitality Group DD Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Arena Hospitality Group DD's Cyclically Adjusted PB Ratio falls into.


ZAG:ARNT
70GF Score
Arena Hospitality Group DD ZAG:ARNT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arena Hospitality Group DD 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.

Arena Hospitality Group DD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.40/50.86
=0.79

* 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.

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

For example, Arena Hospitality Group DD'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)
=41.854/333.9520*333.9520
=41.854

Current CPI (Jun. 2026) = 333.9520.

Arena Hospitality Group DD Quarterly Data

Book Value per Share CPI Adj_Book
201609 49.127 241.428 67.954
201612 47.480 241.432 65.675
201703 45.931 243.801 62.915
201706 38.400 244.955 52.351
201709 42.327 246.819 57.269
201712 41.098 246.524 55.673
201803 40.964 249.554 54.818
201806 40.638 251.989 53.856
201809 44.649 252.439 59.066
201812 43.282 251.233 57.533
201903 42.270 254.202 55.531
201906 42.489 256.143 55.396
201909 47.535 256.759 61.826
201912 45.962 256.974 59.730
202003 44.165 258.115 57.141
202006 42.389 257.797 54.911
202009 42.962 260.280 55.122
202012 39.046 260.474 50.061
202103 37.405 264.877 47.160
202106 36.800 271.696 45.232
202109 41.493 274.310 50.515
202112 40.210 278.802 48.164
202203 38.024 287.504 44.167
202206 38.550 296.311 43.447
202209 43.633 296.808 49.093
202212 42.452 296.797 47.766
202303 40.413 301.836 44.713
202306 39.860 305.109 43.628
202309 44.688 307.789 48.487
202312 42.323 306.746 46.077
202403 39.902 312.332 42.664
202406 39.589 314.175 42.081
202409 44.552 315.301 47.187
202412 42.747 315.605 45.232
202503 40.585 319.799 42.381
202506 40.014 322.561 41.427
202509 45.831 324.800 47.122
202512 44.794 324.054 46.162
202603 42.522 330.213 43.003
202606 41.854 333.952 41.854

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 0.79 mean?
Arena Hospitality Group DD (ZAG:ARNT) has a Cyclically Adjusted PB Ratio of 0.79 as of Sep. 01, 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 Arena Hospitality Group DD and its competitors. This is near median its historical median of 0.75. Over the past decade, Arena Hospitality Group DD's Cyclically Adjusted PB Ratio has ranged from 0.57 to 7.60. According to the industry distribution chart, Arena Hospitality Group DD ranks #211 out of 602 companies in the Travel & Leisure industry, placing it in the top 35%.
Is Arena Hospitality Group DD's Cyclically Adjusted PB Ratio too high?
Arena Hospitality Group DD's current Cyclically Adjusted PB Ratio of 0.79 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 7.60. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.18. Arena Hospitality Group DD's value of 0.79 is 32.8% below this industry median. Based on the distribution chart, Arena Hospitality Group DD ranks #211 out of 602 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Arena Hospitality Group DD has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arena Hospitality Group DD's Cyclically Adjusted PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Arena Hospitality Group DD ranks #211 out of 602 companies for Cyclically Adjusted PB Ratio. This puts Arena Hospitality Group DD in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Arena Hospitality Group DD's value of 0.79 is 32.8% below this benchmark. Historically, Arena Hospitality Group DD's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 7.60 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.18, Arena Hospitality Group DD 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 1.18, based on 602 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. Arena Hospitality Group DD's current Cyclically Adjusted PB Ratio of 0.79 is 32.8% 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 Arena Hospitality Group DD and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arena Hospitality Group DD's current Cyclically Adjusted PB Ratio is 0.79, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena Hospitality Group DD stock overvalued right now?
Based on GuruFocus' analysis, Arena Hospitality Group DD (ZAG:ARNT) is currently considered Modestly Overvalued. The stock's GF Value™ is €36.45, compared to a current price of €40.40 — trading 10.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is near median its 10-year median of 0.75 and 32.8% below the Travel & Leisure industry median of 1.18. Arena Hospitality Group DD's overall GF Score™ is 70/100 with 7 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 Arena Hospitality Group DD (ZAG:ARNT), the current Cyclically Adjusted PB Ratio is 0.79 as of Sep. 01, 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 Arena Hospitality Group DD (ZAG:ARNT) Overvalued in 2026?

Based on GuruFocus' analysis, Arena Hospitality Group DD stock appears to be overvalued. The current stock price of €40.40 is trading 10.8% above its estimated GF Value™ of €36.45. GuruFocus considers Arena Hospitality Group DD to be Modestly Overvalued.

Key valuation signals for ZAG:ARNT:

  • Cyclically Adjusted PB Ratio: 0.79 (near median its 10-year median of 0.75)
  • GF Value™: €36.45 vs. price of €40.40 (10.8% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 32.8% below the Travel & Leisure median (#211 of 602)

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


Arena Hospitality Group DD Business Description

Address Smareglina ulica 3, Pula, HRV, 52100
Arena Hospitality Group DD is principally engaged in the tourist industry. The company is a part of the hospitality group operating hotels under the brand Park Plaza. Its presence can be seen across the region of Croatia, Germany, Hungary, and Serbia. Its operating segments are Hotels, Resorts, Self-catering holiday apartments and complexes, Campsites, and Central Services. The firm generates the majority of its revenue from the Hotels business segment.
70GF Score

Get the complete analysis for ZAG:ARNT

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

€40.40
Price
€36.45
GF Value