HLT (Hilton Worldwide Holdings) Cyclically Adjusted PS Ratio: 8.86 (As of Jul. 24, 2026) — 36% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HLT Hilton Worldwide Holdings Inc HLT
86 GF Score
Price $325.48
GF Value $293.28
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hilton Worldwide Holdings Cyclically Adjusted PS Ratio?

Hilton Worldwide Holdings HLT +1.65% 86 Cyclically Adjusted PS Ratio is 8.86 as of Jul. 24, 2026, which is 36% above its 10-year median of 6.51. GuruFocus rates HLT with a GF Score™ of 86/100 and a GF Value™ of $293.28 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 670 Travel & Leisure companies, Hilton Worldwide Holdings ranks worse than 93.28% on this metric.

As of today (2026-07-24), Hilton Worldwide Holdings's current share price is $325.475. Hilton Worldwide Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $36.75. Hilton Worldwide Holdings's Cyclically Adjusted PS Ratio for today is 8.86.

The historical rank and industry rank for Hilton Worldwide Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

HLT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.63   Med: 6.51   Max: 9.49
Current: 8.71

During the past years, Hilton Worldwide Holdings's highest Cyclically Adjusted PS Ratio was 9.49. The lowest was 3.63. And the median was 6.51.

HLT's Cyclically Adjusted PS Ratio is ranked worse than
93.28% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs HLT: 8.71

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.

Hilton Worldwide Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was $12.659. 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 $36.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilton Worldwide Holdings  (NYSE:HLT) 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.


Hilton Worldwide Holdings Cyclically Adjusted PS Ratio Related Terms


Hilton Worldwide Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hilton Worldwide Holdings'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.

Hilton Worldwide Holdings Cyclically Adjusted PS Ratio Chart

Hilton Worldwide Holdings 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 0.00 4.16 5.80 7.60 8.08

Hilton Worldwide Holdings 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 6.89 7.97 7.69 8.08 8.27

HLT vs MAR, H, HTHT: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Hilton Worldwide Holdings'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.


Hilton Worldwide Holdings Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Hilton Worldwide Holdings's Cyclically Adjusted PS Ratio falls into.


HLT
86GF Score
Hilton Worldwide Holdings Inc HLT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hilton Worldwide Holdings 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.

Hilton Worldwide Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=325.475/36.75
=8.86

* 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.

Hilton Worldwide Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hilton Worldwide Holdings'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)
=12.659/330.2130*330.2130
=12.659

Current CPI (Mar. 2026) = 330.2130.

Hilton Worldwide Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.909 241.018 8.096
201609 5.640 241.428 7.714
201612 3.140 241.432 4.295
201703 5.728 243.801 7.758
201706 6.310 244.955 8.506
201709 6.434 246.819 8.608
201712 6.383 246.524 8.550
201803 6.502 249.554 8.604
201806 7.561 251.989 9.908
201809 7.510 252.439 9.824
201812 7.652 251.233 10.058
201903 7.471 254.202 9.705
201906 8.507 256.143 10.967
201909 8.316 256.759 10.695
201912 8.342 256.974 10.720
202003 6.857 258.115 8.772
202006 2.036 257.797 2.608
202009 3.368 260.280 4.273
202012 3.213 260.474 4.073
202103 3.144 264.877 3.920
202106 4.730 271.696 5.749
202109 6.224 274.310 7.492
202112 6.511 278.802 7.712
202203 6.103 287.504 7.010
202206 8.000 296.311 8.915
202209 8.611 296.808 9.580
202212 9.018 296.797 10.033
202303 8.524 301.836 9.325
202306 10.000 305.109 10.823
202309 10.202 307.789 10.945
202312 10.112 306.746 10.886
202403 10.090 312.332 10.668
202406 11.710 314.175 12.308
202409 11.514 315.301 12.059
202412 11.359 315.605 11.885
202503 11.091 319.799 11.452
202506 13.126 322.561 13.437
202509 13.165 324.800 13.384
202512 13.249 324.054 13.501
202603 12.659 330.213 12.659

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 8.86 mean?
Hilton Worldwide Holdings (HLT) has a Cyclically Adjusted PS Ratio of 8.86 as of Jul. 24, 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 Hilton Worldwide Holdings and its competitors. This is 36% above median its historical median of 6.51. Over the past decade, Hilton Worldwide Holdings' Cyclically Adjusted PS Ratio has ranged from 3.63 to 9.49. According to the industry distribution chart, Hilton Worldwide Holdings ranks #625 out of 670 companies in the Travel & Leisure industry, placing it in the top 93.3%.
Is Hilton Worldwide Holdings' Cyclically Adjusted PS Ratio too high?
Hilton Worldwide Holdings' current Cyclically Adjusted PS Ratio of 8.86 is 36% above median its 10-year median of 6.51. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 9.49. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.28. Hilton Worldwide Holdings' value of 8.86 is 592.2% above this industry median. Based on the distribution chart, Hilton Worldwide Holdings ranks #625 out of 670 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Hilton Worldwide Holdings has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hilton Worldwide Holdings' Cyclically Adjusted PS Ratio compare to MAR and H?
According to the Travel & Leisure industry distribution chart, Hilton Worldwide Holdings ranks #625 out of 670 companies for Cyclically Adjusted PS Ratio. This places Hilton Worldwide Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Hilton Worldwide Holdings' value of 8.86 is 592.2% above this benchmark. Historically, Hilton Worldwide Holdings' own Cyclically Adjusted PS Ratio has ranged from 3.63 to 9.49 over the past decade. While the company's 10-year median is 6.51 vs. the industry median of 1.28, Hilton Worldwide Holdings 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 1.28, 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. Hilton Worldwide Holdings's current Cyclically Adjusted PS Ratio of 8.86 is 592.2% 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 Hilton Worldwide Holdings and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hilton Worldwide Holdings's current Cyclically Adjusted PS Ratio is 8.86, which is 36% above median its own 10-year median of 6.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilton Worldwide Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hilton Worldwide Holdings (HLT) is currently considered Modestly Overvalued. The stock's GF Value™ is $293.28, compared to a current price of $325.48 — trading 11% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.86, which is 36% above median its 10-year median of 6.51 and 592.2% above the Travel & Leisure industry median of 1.28. Hilton Worldwide Holdings' overall GF Score™ is 86/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Hilton Worldwide Holdings (HLT), the current Cyclically Adjusted PS Ratio is 8.86 as of Jul. 24, 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 Hilton Worldwide Holdings (HLT) Overvalued in 2026?

Based on GuruFocus' analysis, Hilton Worldwide Holdings stock appears to be overvalued. The current stock price of $325.48 is trading 11% above its estimated GF Value™ of $293.28. GuruFocus considers Hilton Worldwide Holdings to be Modestly Overvalued.

Key valuation signals for HLT:

  • Cyclically Adjusted PS Ratio: 8.86 (36% above median its 10-year median of 6.51)
  • GF Value™: $293.28 vs. price of $325.48 (11% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 592.2% above the Travel & Leisure median (#625 of 670)

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


Hilton Worldwide Holdings Business Description

Address 7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1.36 million rooms across its 27 brands, serving the premium economy through luxury segments. Hampton and Hilton are the two largest brands, representing 27% and 18%, respectively, of the company's total rooms, as of Dec. 31, 2025. Recent brands launched over the past few years include Home2, Curio, Canopy, Spark, Tru, Tempo, LivSmart, and Outset. Additionally, there is a partnership with Small Luxury Hotels of the World and acquisitions of NoMad and Graduate Hotels. Managed and franchised hotels represent the vast majority of adjusted EBITDA, predominantly from the Americas.
86GF Score

Get the complete analysis for HLT

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

$325.48
Price
$293.28
GF Value