Choice Hotels International (FRA:CZH) Cyclically Adjusted PS Ratio: 4.40 (As of Jul. 31, 2026) — 23% Below Median

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FRA:CZH Choice Hotels International Inc FRA:CZH
86 GF Score
Price €98.50
GF Value €120.04
! 5 Warning Signs
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What is Choice Hotels International Cyclically Adjusted PS Ratio?

Choice Hotels International FRA:CZH +0.51% 86 Cyclically Adjusted PS Ratio is 4.40 as of Jul. 31, 2026, which is 23% below its 10-year median of 5.73. GuruFocus rates FRA:CZH with a GF Score™ of 86/100 and a GF Value™ of €120.04. The stock has 5 warning signs investors should review. Among 670 Travel & Leisure companies, Choice Hotels International ranks worse than 82.99% on this metric.

As of today (2026-07-31), Choice Hotels International's current share price is €98.50. Choice Hotels International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €22.40. Choice Hotels International's Cyclically Adjusted PS Ratio for today is 4.40.

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

FRA:CZH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.34   Med: 5.73   Max: 8.98
Current: 4.19

During the past years, Choice Hotels International's highest Cyclically Adjusted PS Ratio was 8.98. The lowest was 3.34. And the median was 5.73.

FRA:CZH's Cyclically Adjusted PS Ratio is ranked worse than
82.99% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.295 vs FRA:CZH: 4.19

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.

Choice Hotels International's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.400. 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 €22.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Choice Hotels International  (FRA:CZH) 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.


Choice Hotels International Cyclically Adjusted PS Ratio Related Terms


Choice Hotels International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Choice Hotels International'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.

Choice Hotels International Cyclically Adjusted PS Ratio Chart

Choice Hotels International 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 8.95 5.75 5.22 5.94 3.67

Choice Hotels International 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 5.42 5.06 4.17 3.67 3.88

FRA:CZH vs WH, CVEO, GHG: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Choice Hotels International'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.


Choice Hotels International Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Choice Hotels International's Cyclically Adjusted PS Ratio falls into.


FRA:CZH
86GF Score
Choice Hotels International Inc FRA:CZH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Choice Hotels International 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.

Choice Hotels International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.50/22.40
=4.40

* 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.

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

For example, Choice Hotels International'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)
=6.4/330.2130*330.2130
=6.400

Current CPI (Mar. 2026) = 330.2130.

Choice Hotels International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.818 241.018 5.231
201609 4.264 241.428 5.832
201612 1.555 241.432 2.127
201703 3.137 243.801 4.249
201706 4.117 244.955 5.550
201709 4.008 246.819 5.362
201712 3.292 246.524 4.410
201803 2.973 249.554 3.934
201806 4.450 251.989 5.831
201809 4.427 252.439 5.791
201812 3.843 251.233 5.051
201903 3.471 254.202 4.509
201906 5.060 256.143 6.523
201909 5.072 256.759 6.523
201912 4.322 256.974 5.554
202003 3.546 258.115 4.536
202006 2.447 257.797 3.134
202009 3.229 260.280 4.097
202012 2.849 260.474 3.612
202103 2.761 264.877 3.442
202106 4.140 271.696 5.032
202109 4.917 274.310 5.919
202112 4.485 278.802 5.312
202203 4.175 287.504 4.795
202206 6.219 296.311 6.931
202209 7.574 296.808 8.426
202212 6.420 296.797 7.143
202303 6.011 301.836 6.576
202306 7.737 305.109 8.374
202309 7.901 307.789 8.477
202312 6.621 306.746 7.128
202403 6.152 312.332 6.504
202406 8.415 314.175 8.845
202409 8.142 315.301 8.527
202412 7.872 315.605 8.236
202503 6.534 319.799 6.747
202506 7.936 322.561 8.124
202509 8.203 324.800 8.340
202512 7.219 324.054 7.356
202603 6.400 330.213 6.400

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 4.40 mean?
Choice Hotels International (FRA:CZH) has a Cyclically Adjusted PS Ratio of 4.40 as of Jul. 31, 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 Choice Hotels International and its competitors. This is 23% below median its historical median of 5.73. Over the past decade, Choice Hotels International's Cyclically Adjusted PS Ratio has ranged from 3.34 to 8.98. According to the industry distribution chart, Choice Hotels International ranks #556 out of 670 companies in the Travel & Leisure industry, placing it in the top 83%.
Is Choice Hotels International's Cyclically Adjusted PS Ratio too high?
Choice Hotels International's current Cyclically Adjusted PS Ratio of 4.40 is 23% below median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 3.34 to a high of 8.98. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. Choice Hotels International's value of 4.40 is 239.8% above this industry median. Based on the distribution chart, Choice Hotels International ranks #556 out of 670 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Choice Hotels International has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Choice Hotels International's Cyclically Adjusted PS Ratio compare to WH and CVEO?
According to the Travel & Leisure industry distribution chart, Choice Hotels International ranks #556 out of 670 companies for Cyclically Adjusted PS Ratio. This places Choice Hotels International in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Choice Hotels International's value of 4.40 is 239.8% above this benchmark. Historically, Choice Hotels International's own Cyclically Adjusted PS Ratio has ranged from 3.34 to 8.98 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 1.30, Choice Hotels International 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. Choice Hotels International's current Cyclically Adjusted PS Ratio of 4.40 is 239.8% 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 Choice Hotels International 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. Choice Hotels International's current Cyclically Adjusted PS Ratio is 4.40, which is 23% below median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice Hotels International stock overvalued right now?
Choice Hotels International (FRA:CZH) has a current Cyclically Adjusted PS Ratio of 4.40. The stock's GF Value™ is €120.04, compared to a current price of €98.50 — trading 17.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.40, which is 23% below median its 10-year median of 5.73 and 239.8% above the Travel & Leisure industry median of 1.30. Choice Hotels International's overall GF Score™ is 86/100 with 5 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 Choice Hotels International (FRA:CZH), the current Cyclically Adjusted PS Ratio is 4.40 as of Jul. 31, 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 Choice Hotels International (FRA:CZH) Overvalued in 2026?

Based on GuruFocus' analysis, Choice Hotels International stock appears to be undervalued. The current stock price of €98.50 is trading 17.9% below its estimated GF Value™ of €120.04.

Key valuation signals for FRA:CZH:

  • Cyclically Adjusted PS Ratio: 4.40 (23% below median its 10-year median of 5.73)
  • GF Value™: €120.04 vs. price of €98.50 (17.9% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 239.8% above the Travel & Leisure median (#556 of 670)

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


Choice Hotels International Business Description

Other Exchanges CHH:USACZH:Germany
Address 915 Meeting Street, Suite 600, North Bethesda, MD, USA, 20852
At year-end 2025, Choice Hotels operated 657,000 rooms across the economy, midscale, upscale, and extended-stay segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total rooms), while Ascend and Cambria (10%) are lifestyle and select-service brands, and WoodSpring (5%) is the company's largest extended-stay brand. Choice closed on its Radisson acquisition in August 2022, which added about 70,000 rooms. Franchises account for 100% of total revenue, and the United States represented 78% of total rooms in 2025.
86GF Score

Get the complete analysis for FRA:CZH

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

€98.50
Price
€120.04
GF Value