International Hotel Investments (MAL:IHI) Cyclically Adjusted PS Ratio: 1.45 (As of Aug. 30, 2026) — 30% Below Median

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MAL:IHI International Hotel Investments PLC MAL:IHI
30 GF Score
Price €0.64
GF Value €0.56
Valuation Modestly Overvalued
! 9 Warning Signs
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What is International Hotel Investments Cyclically Adjusted PS Ratio?

International Hotel Investments MAL:IHI +4.92% 30 Cyclically Adjusted PS Ratio is 1.45 as of Aug. 30, 2026, which is 30% below its 10-year median of 2.07. GuruFocus rates MAL:IHI with a GF Score™ of 30/100 and a GF Value™ of €0.56 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 671 Travel & Leisure companies, International Hotel Investments ranks worse than 53.95% on this metric.

As of today (2026-08-30), International Hotel Investments's current share price is €0.64. International Hotel Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €0.44. International Hotel Investments's Cyclically Adjusted PS Ratio for today is 1.45.

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

MAL:IHI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.07   Max: 3.46
Current: 1.47

During the past 13 years, International Hotel Investments's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 0.98. And the median was 2.07.

MAL:IHI's Cyclically Adjusted PS Ratio is ranked worse than
53.95% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.34 vs MAL:IHI: 1.47

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.

International Hotel Investments's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €0.545. 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 €0.44 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Hotel Investments  (MAL:IHI) 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.


International Hotel Investments Cyclically Adjusted PS Ratio Related Terms


International Hotel Investments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for International Hotel Investments'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.

International Hotel Investments Cyclically Adjusted PS Ratio Chart

International Hotel Investments 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 2.03 2.00 1.57 1.15 0.99

International Hotel Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.57 0.00 1.15 0.00 0.99

MAL:IHI vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, International Hotel Investments'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.


International Hotel Investments Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


MAL:IHI
30GF Score
International Hotel Investments PLC MAL:IHI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Hotel Investments 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.64/0.44
=1.45

* 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.

International Hotel Investments's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, International Hotel Investments's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.545/324.0540*324.0540
=0.545

Current CPI (Dec25) = 324.0540.

International Hotel Investments Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.258 241.432 0.346
201712 0.394 246.524 0.518
201812 0.416 251.233 0.537
201912 0.436 256.974 0.550
202012 0.149 260.474 0.185
202112 0.210 278.802 0.244
202212 0.387 296.797 0.423
202312 0.467 306.746 0.493
202412 0.498 315.605 0.511
202512 0.545 324.054 0.545

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 1.45 mean?
International Hotel Investments (MAL:IHI) has a Cyclically Adjusted PS Ratio of 1.45 as of Aug. 30, 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 International Hotel Investments and its competitors. This is 30% below median its historical median of 2.07. Over the past decade, International Hotel Investments' Cyclically Adjusted PS Ratio has ranged from 0.98 to 3.46. According to the industry distribution chart, International Hotel Investments ranks #362 out of 671 companies in the Travel & Leisure industry, placing it in the top 53.9%.
Is International Hotel Investments' Cyclically Adjusted PS Ratio too high?
International Hotel Investments' current Cyclically Adjusted PS Ratio of 1.45 is 30% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 3.46. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.34. International Hotel Investments' value of 1.45 is 8.2% above this industry median. Based on the distribution chart, International Hotel Investments ranks #362 out of 671 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, International Hotel Investments has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Hotel Investments' Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, International Hotel Investments ranks #362 out of 671 companies for Cyclically Adjusted PS Ratio. This places International Hotel Investments in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. International Hotel Investments' value of 1.45 is 8.2% above this benchmark. Historically, International Hotel Investments' own Cyclically Adjusted PS Ratio has ranged from 0.98 to 3.46 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.34, International Hotel Investments 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 1.34, 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. International Hotel Investments's current Cyclically Adjusted PS Ratio of 1.45 is 8.2% 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 International Hotel Investments and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Hotel Investments's current Cyclically Adjusted PS Ratio is 1.45, which is 30% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Hotel Investments stock overvalued right now?
Based on GuruFocus' analysis, International Hotel Investments (MAL:IHI) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.56, compared to a current price of €0.64 — trading 14.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.45, which is 30% below median its 10-year median of 2.07 and 8.2% above the Travel & Leisure industry median of 1.34. International Hotel Investments' overall GF Score™ is 30/100 with 9 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 International Hotel Investments (MAL:IHI), the current Cyclically Adjusted PS Ratio is 1.45 as of Aug. 30, 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 International Hotel Investments (MAL:IHI) Overvalued in 2026?

Based on GuruFocus' analysis, International Hotel Investments stock appears to be overvalued. The current stock price of €0.64 is trading 14.3% above its estimated GF Value™ of €0.56. GuruFocus considers International Hotel Investments to be Modestly Overvalued.

Key valuation signals for MAL:IHI:

  • Cyclically Adjusted PS Ratio: 1.45 (30% below median its 10-year median of 2.07)
  • GF Value™: €0.56 vs. price of €0.64 (14.3% above fair value)
  • GF Score™: 30/100 with 9 warning signs
  • Industry Position: 8.2% above the Travel & Leisure median (#362 of 671)

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


International Hotel Investments Business Description

Address John Lopez Street, 22 Europa Centre, Floriana, MLT, FRN 1400
International Hotel Investments PLC carries on the business of an investment company in connection with the ownership, development and operation of hotels, residential and commercial real estate. The company engages in ownership, development and operation of hotels, leisure facilities and other activities related to the tourism industry and commercial centres. It is also actively engaged in the provision of residential accommodation and project management services. Its segments include Malta, Lisbon, Budapest, St. Petersburg, Prague, London, and Brussels of which London derives the majority of revenue.
30GF Score

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

€0.64
Price
€0.56
GF Value