National Hotels Co BSC (BAH:NHOTEL) Cyclically Adjusted PS Ratio: 3.71 (As of Aug. 01, 2026) — 53% Above Median

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BAH:NHOTEL National Hotels Co BSC BAH:NHOTEL
68 GF Score
Price BHD0.26
GF Value BHD0.23
Valuation Modestly Overvalued
! 8 Warning Signs
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What is National Hotels Co BSC Cyclically Adjusted PS Ratio?

National Hotels Co BSC BAH:NHOTEL 68 Cyclically Adjusted PS Ratio is 3.71 as of Aug. 01, 2026, which is 53% above its 10-year median of 2.43. GuruFocus rates BAH:NHOTEL with a GF Score™ of 68/100 and a GF Value™ of BHD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 670 Travel & Leisure companies, National Hotels Co BSC ranks worse than 81.19% on this metric.

As of today (2026-08-01), National Hotels Co BSC's current share price is BHD0.26. National Hotels Co BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BHD0.07. National Hotels Co BSC's Cyclically Adjusted PS Ratio for today is 3.71.

The historical rank and industry rank for National Hotels Co BSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

BAH:NHOTEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.71   Med: 2.43   Max: 4
Current: 3.78

During the past years, National Hotels Co BSC's highest Cyclically Adjusted PS Ratio was 4.00. The lowest was 1.71. And the median was 2.43.

BAH:NHOTEL's Cyclically Adjusted PS Ratio is ranked worse than
81.19% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.295 vs BAH:NHOTEL: 3.78

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

National Hotels Co BSC's adjusted revenue per share data for the three months ended in Mar. 2026 was BHD0.014. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is BHD0.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Hotels Co BSC  (BAH:NHOTEL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


National Hotels Co BSC Cyclically Adjusted PS Ratio Related Terms


National Hotels Co BSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Hotels Co BSC's Cyclically Adjusted PS 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.

National Hotels Co BSC Cyclically Adjusted PS Ratio Chart

National Hotels Co BSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 1.97 2.65 3.02 3.52

National Hotels Co BSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 3.11 3.41 3.29 3.52 3.58

BAH:NHOTEL vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, National Hotels Co BSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


National Hotels Co BSC Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National Hotels Co BSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Hotels Co BSC's Cyclically Adjusted PS Ratio falls into.


BAH:NHOTEL
68GF Score
National Hotels Co BSC BAH:NHOTEL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Hotels Co BSC Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

National Hotels Co BSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.26/0.07
=3.71

* 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.

National Hotels Co BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, National Hotels Co BSC's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.014/330.2130*330.2130
=0.014

Current CPI (Mar. 2026) = 330.2130.

National Hotels Co BSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.018 241.018 0.025
201609 0.016 241.428 0.022
201612 0.019 241.432 0.026
201703 0.016 243.801 0.022
201706 0.018 244.955 0.024
201709 0.014 246.819 0.019
201712 0.014 246.524 0.019
201803 0.013 249.554 0.017
201806 0.013 251.989 0.017
201809 0.014 252.439 0.018
201812 0.016 251.233 0.021
201903 0.017 254.202 0.022
201906 0.014 256.143 0.018
201909 0.014 256.759 0.018
201912 0.015 256.974 0.019
202003 0.012 258.115 0.015
202006 0.006 257.797 0.008
202009 0.006 260.280 0.008
202012 0.009 260.474 0.011
202103 0.008 264.877 0.010
202106 0.010 271.696 0.012
202109 0.009 274.310 0.011
202112 0.013 278.802 0.015
202203 0.013 287.504 0.015
202206 0.013 296.311 0.014
202209 0.015 296.808 0.017
202212 0.017 296.797 0.019
202303 0.017 301.836 0.019
202306 0.016 305.109 0.017
202309 0.014 307.789 0.015
202312 0.015 306.746 0.016
202403 0.017 312.332 0.018
202406 0.018 314.175 0.019
202409 0.015 315.301 0.016
202412 0.019 315.605 0.020
202503 0.017 319.799 0.018
202506 0.018 322.561 0.018
202509 0.015 324.800 0.015
202512 0.020 324.054 0.020
202603 0.014 330.213 0.014

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.71 mean?
National Hotels Co BSC (BAH:NHOTEL) has a Cyclically Adjusted PS Ratio of 3.71 as of Aug. 01, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Hotels Co BSC and its competitors. This is 53% above median its historical median of 2.43. Over the past decade, National Hotels Co BSC's Cyclically Adjusted PS Ratio has ranged from 1.71 to 4.00. According to the industry distribution chart, National Hotels Co BSC ranks #544 out of 670 companies in the Travel & Leisure industry, placing it in the top 81.2%.
Is National Hotels Co BSC's Cyclically Adjusted PS Ratio too high?
National Hotels Co BSC's current Cyclically Adjusted PS Ratio of 3.71 is 53% above median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 4.00. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. National Hotels Co BSC's value of 3.71 is 186.5% above this industry median. Based on the distribution chart, National Hotels Co BSC ranks #544 out of 670 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, National Hotels Co BSC has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Hotels Co BSC's Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, National Hotels Co BSC ranks #544 out of 670 companies for Cyclically Adjusted PS Ratio. This places National Hotels Co BSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. National Hotels Co BSC's value of 3.71 is 186.5% above this benchmark. Historically, National Hotels Co BSC's own Cyclically Adjusted PS Ratio has ranged from 1.71 to 4.00 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.30, National Hotels Co BSC 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 PS Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 670 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Hotels Co BSC's current Cyclically Adjusted PS Ratio of 3.71 is 186.5% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on National Hotels Co BSC and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Hotels Co BSC's current Cyclically Adjusted PS Ratio is 3.71, which is 53% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Hotels Co BSC stock overvalued right now?
Based on GuruFocus' analysis, National Hotels Co BSC (BAH:NHOTEL) is currently considered Modestly Overvalued. The stock's GF Value™ is BHD0.23, compared to a current price of BHD0.26 — trading 13% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.71, which is 53% above median its 10-year median of 2.43 and 186.5% above the Travel & Leisure industry median of 1.30. National Hotels Co BSC's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For National Hotels Co BSC (BAH:NHOTEL), the current Cyclically Adjusted PS Ratio is 3.71 as of Aug. 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 National Hotels Co BSC (BAH:NHOTEL) Overvalued in 2026?

Based on GuruFocus' analysis, National Hotels Co BSC stock appears to be overvalued. The current stock price of BHD0.26 is trading 13% above its estimated GF Value™ of BHD0.23. GuruFocus considers National Hotels Co BSC to be Modestly Overvalued.

Key valuation signals for BAH:NHOTEL:

  • Cyclically Adjusted PS Ratio: 3.71 (53% above median its 10-year median of 2.43)
  • GF Value™: BHD0.23 vs. price of BHD0.26 (13% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 186.5% above the Travel & Leisure median (#544 of 670)

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


National Hotels Co BSC Business Description

Address Building 59, Road 1701, Block 317, P.O. Box 5243, Diplomatic Area, Manama, BHR, 317
National Hotels Co BSC owns and manages refurbished rooms, bars, restaurants, banquet and conference facilities. It derives a majority of revenue from hotel rooms followed by food and beverages and serviced apartments. The operating segments of the company are Hotel Business, Real estate properties, and Investments & corporate. It generates maximum revenue from the Hotel Business segment. Hotel Business segment includes Room rental, food and beverage sales, conferences and events.
68GF Score

Get the complete analysis for BAH:NHOTEL

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

BHD0.26
Price
BHD0.23
GF Value