Marriott International (LTS:0JYW) Cyclically Adjusted PS Ratio: 4.69 (As of Aug. 16, 2026) — 63% 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.

LTS:0JYW Marriott International Inc LTS:0JYW
88 GF Score
Price $356.21
GF Value $310.08
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Marriott International Cyclically Adjusted PS Ratio?

Marriott International LTS:0JYW +0.61% 88 Cyclically Adjusted PS Ratio is 4.69 as of Aug. 16, 2026, which is 63% above its 10-year median of 2.88. GuruFocus rates LTS:0JYW with a GF Score™ of 88/100 and a GF Value™ of $310.08 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 671 Travel & Leisure companies, Marriott International ranks worse than 83.76% on this metric.

As of today (2026-08-16), Marriott International's current share price is $356.21. Marriott International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $75.95. Marriott International's Cyclically Adjusted PS Ratio for today is 4.69.

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

LTS:0JYW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.88   Max: 5.38
Current: 4.68

During the past years, Marriott International's highest Cyclically Adjusted PS Ratio was 5.38. The lowest was 1.16. And the median was 2.88.

LTS:0JYW's Cyclically Adjusted PS Ratio is ranked worse than
83.76% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.33 vs LTS:0JYW: 4.68

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.

Marriott International's adjusted revenue per share data for the three months ended in Jun. 2026 was $26.733. 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 $75.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marriott International  (LTS:0JYW) 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.


Marriott International Cyclically Adjusted PS Ratio Related Terms


Marriott International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Marriott 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.

Marriott International Cyclically Adjusted PS Ratio Chart

Marriott 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 3.04 2.49 3.51 4.06 4.26

Marriott International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.82 3.59 4.26 4.37 4.86

LTS:0JYW vs HLT, H, HTHT: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Marriott 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.


Marriott International Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


LTS:0JYW
88GF Score
Marriott International Inc LTS:0JYW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marriott 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=356.21/75.95
=4.69

* 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.

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

For example, Marriott International's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=26.733/333.9520*333.9520
=26.733

Current CPI (Jun. 2026) = 333.9520.

Marriott International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.573 241.428 20.158
201612 9.753 241.432 13.490
201703 12.595 243.801 17.252
201706 13.606 244.955 18.549
201709 13.484 246.819 18.244
201712 14.192 246.524 19.225
201803 13.788 249.554 18.451
201806 15.139 251.989 20.063
201809 14.407 252.439 19.059
201812 15.308 251.233 20.348
201903 14.621 254.202 19.208
201906 15.770 256.143 20.560
201909 15.892 256.759 20.670
201912 16.256 256.974 21.126
202003 14.297 258.115 18.498
202006 4.496 257.797 5.824
202009 6.897 260.280 8.849
202012 6.661 260.474 8.540
202103 7.089 264.877 8.938
202106 9.569 271.696 11.762
202109 11.983 274.310 14.588
202112 13.477 278.802 16.143
202203 12.724 287.504 14.780
202206 16.200 296.311 18.258
202209 16.313 296.808 18.354
202212 18.626 296.797 20.958
202303 18.055 301.836 19.976
202306 19.918 305.109 21.801
202309 19.853 307.789 21.541
202312 20.323 306.746 22.125
202403 20.497 312.332 21.916
202406 22.459 314.175 23.873
202409 22.149 315.301 23.459
202412 22.953 315.605 24.287
202503 22.553 319.799 23.551
202506 24.550 322.561 25.417
202509 23.813 324.800 24.484
202512 24.833 324.054 25.592
202603 24.940 330.213 25.222
202606 26.733 333.952 26.733

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 4.69 mean?
Marriott International (LTS:0JYW) has a Cyclically Adjusted PS Ratio of 4.69 as of Aug. 16, 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 Marriott International and its competitors. This is 63% above median its historical median of 2.88. Over the past decade, Marriott International's Cyclically Adjusted PS Ratio has ranged from 1.16 to 5.38. According to the industry distribution chart, Marriott International ranks #562 out of 671 companies in the Travel & Leisure industry, placing it in the top 83.8%.
Is Marriott International's Cyclically Adjusted PS Ratio too high?
Marriott International's current Cyclically Adjusted PS Ratio of 4.69 is 63% above median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 5.38. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.33. Marriott International's value of 4.69 is 252.6% above this industry median. Based on the distribution chart, Marriott International ranks #562 out of 671 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marriott International has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marriott International's Cyclically Adjusted PS Ratio compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #562 out of 671 companies for Cyclically Adjusted PS Ratio. This places Marriott International in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.33. Marriott International's value of 4.69 is 252.6% above this benchmark. Historically, Marriott International's own Cyclically Adjusted PS Ratio has ranged from 1.16 to 5.38 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 1.33, Marriott 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 1.33, based on 671 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. Marriott International's current Cyclically Adjusted PS Ratio of 4.69 is 252.6% 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 Marriott International and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current Cyclically Adjusted PS Ratio is 4.69, which is 63% above median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marriott International stock overvalued right now?
Based on GuruFocus' analysis, Marriott International (LTS:0JYW) is currently considered Modestly Overvalued. The stock's GF Value™ is $310.08, compared to a current price of $356.21 — trading 14.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.69, which is 63% above median its 10-year median of 2.88 and 252.6% above the Travel & Leisure industry median of 1.33. Marriott International'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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Marriott International (LTS:0JYW), the current Cyclically Adjusted PS Ratio is 4.69 as of Aug. 16, 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 Marriott International (LTS:0JYW) Overvalued in 2026?

Based on GuruFocus' analysis, Marriott International stock appears to be overvalued. The current stock price of $356.21 is trading 14.9% above its estimated GF Value™ of $310.08. GuruFocus considers Marriott International to be Modestly Overvalued.

Key valuation signals for LTS:0JYW:

  • Cyclically Adjusted PS Ratio: 4.69 (63% above median its 10-year median of 2.88)
  • GF Value™: $310.08 vs. price of $356.21 (14.9% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 252.6% above the Travel & Leisure median (#562 of 671)

No single metric tells the full story. See the LTS:0JYW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marriott International Business Description

Address 7750 Wisconsin Avenue, Bethesda, MD, USA, 20814
Marriott operates 1.8 million rooms across roughly 30 brands. At the end of 2025, luxury represented roughly 10% of total rooms, premium was 42%, select service was 46%, and midscale was 2%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 99% of total rooms as of Dec. 31, 2025. North America makes up 61% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
88GF Score

Get the complete analysis for LTS:0JYW

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

$356.21
Price
$310.08
GF Value