SHO (Sunstone Hotel Investors) Cyclically Adjusted PS Ratio: 2.11 (As of Sep. 09, 2026) — 10% Above Median

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SHO Sunstone Hotel Investors Inc SHO
77 GF Score
Price $10.93
GF Value $11.15
Valuation Fairly Valued
! 9 Warning Signs
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What is Sunstone Hotel Investors Cyclically Adjusted PS Ratio?

Sunstone Hotel Investors SHO +0.60% 77 Cyclically Adjusted PS Ratio is 2.11 as of Sep. 09, 2026, which is 10% above its 10-year median of 1.92. GuruFocus rates SHO with a GF Score™ of 77/100 and a GF Value™ of $11.15 (Fairly Valued). The stock has 9 warning signs investors should review. Among 543 REITs companies, Sunstone Hotel Investors ranks better than 84.16% on this metric.

As of today (2026-09-09), Sunstone Hotel Investors's current share price is $10.925. Sunstone Hotel Investors's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $5.17. Sunstone Hotel Investors's Cyclically Adjusted PS Ratio for today is 2.11.

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

SHO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.92   Max: 2.35
Current: 2.1

During the past years, Sunstone Hotel Investors's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 1.21. And the median was 1.92.

SHO's Cyclically Adjusted PS Ratio is ranked better than
84.16% of 543 companies
in the REITs industry
Industry Median: 5.73 vs SHO: 2.10

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.

Sunstone Hotel Investors's adjusted revenue per share data for the three months ended in Jun. 2026 was $1.493. 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 $5.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunstone Hotel Investors  (NYSE:SHO) 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.


Sunstone Hotel Investors Cyclically Adjusted PS Ratio Related Terms


Sunstone Hotel Investors Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sunstone Hotel Investors'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.

Sunstone Hotel Investors Cyclically Adjusted PS Ratio Chart

Sunstone Hotel Investors 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 2.09 1.74 1.96 2.24 1.75

Sunstone Hotel Investors 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 1.65 1.80 1.75 1.74 2.22

SHO vs PEB, XHR, RLJ: Cyclically Adjusted PS Ratio Comparison

For the REIT - Hotel & Motel subindustry, Sunstone Hotel Investors'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.


Sunstone Hotel Investors Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Sunstone Hotel Investors's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SHO
77GF Score
Sunstone Hotel Investors Inc SHO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunstone Hotel Investors 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.

Sunstone Hotel Investors's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.925/5.17
=2.11

* 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.

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

For example, Sunstone Hotel Investors'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)
=1.493/333.9520*333.9520
=1.493

Current CPI (Jun. 2026) = 333.9520.

Sunstone Hotel Investors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.408 241.428 1.948
201612 1.340 241.432 1.854
201703 1.281 243.801 1.755
201706 1.448 244.955 1.974
201709 1.356 246.819 1.835
201712 1.294 246.524 1.753
201803 1.210 249.554 1.619
201806 1.409 251.989 1.867
201809 1.274 252.439 1.685
201812 1.237 251.233 1.644
201903 1.134 254.202 1.490
201906 1.332 256.143 1.737
201909 1.254 256.759 1.631
201912 1.221 256.974 1.587
202003 0.865 258.115 1.119
202006 0.049 257.797 0.063
202009 0.135 260.280 0.173
202012 0.174 260.474 0.223
202103 0.236 264.877 0.298
202106 0.545 271.696 0.670
202109 0.769 274.310 0.936
202112 0.798 278.802 0.956
202203 0.793 287.504 0.921
202206 1.179 296.311 1.329
202209 1.156 296.808 1.301
202212 1.168 296.797 1.314
202303 1.174 301.836 1.299
202306 1.335 305.109 1.461
202309 1.204 307.789 1.306
202312 1.076 306.746 1.171
202403 1.070 312.332 1.144
202406 1.216 314.175 1.293
202409 1.124 315.301 1.190
202412 1.063 315.605 1.125
202503 1.162 319.799 1.213
202506 1.323 322.561 1.370
202509 1.212 324.800 1.246
202512 1.249 324.054 1.287
202603 1.377 330.213 1.393
202606 1.493 333.952 1.493

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 2.11 mean?
Sunstone Hotel Investors (SHO) has a Cyclically Adjusted PS Ratio of 2.11 as of Sep. 09, 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 Sunstone Hotel Investors and its competitors. This is 10% above median its historical median of 1.92. Over the past decade, Sunstone Hotel Investors' Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.35. According to the industry distribution chart, Sunstone Hotel Investors ranks #86 out of 543 companies in the REITs industry, placing it in the top 15.8%.
Is Sunstone Hotel Investors' Cyclically Adjusted PS Ratio too high?
Sunstone Hotel Investors' current Cyclically Adjusted PS Ratio of 2.11 is 10% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.35. The REITs industry median Cyclically Adjusted PS Ratio is 5.73. Sunstone Hotel Investors' value of 2.11 is 63.2% below this industry median. Based on the distribution chart, Sunstone Hotel Investors ranks #86 out of 543 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Sunstone Hotel Investors has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sunstone Hotel Investors' Cyclically Adjusted PS Ratio compare to PEB and XHR?
According to the REITs industry distribution chart, Sunstone Hotel Investors ranks #86 out of 543 companies for Cyclically Adjusted PS Ratio. This places Sunstone Hotel Investors in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.73. Sunstone Hotel Investors' value of 2.11 is 63.2% below this benchmark. Historically, Sunstone Hotel Investors' own Cyclically Adjusted PS Ratio has ranged from 1.21 to 2.35 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 5.73, Sunstone Hotel Investors has consistently been below 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.73, based on 543 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. Sunstone Hotel Investors's current Cyclically Adjusted PS Ratio of 2.11 is 63.2% below 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 Sunstone Hotel Investors and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunstone Hotel Investors's current Cyclically Adjusted PS Ratio is 2.11, which is 10% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunstone Hotel Investors stock overvalued right now?
Based on GuruFocus' analysis, Sunstone Hotel Investors (SHO) is currently considered Fairly Valued. The stock's GF Value™ is $11.15, compared to a current price of $10.93 — trading 2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.11, which is 10% above median its 10-year median of 1.92 and 63.2% below the REITs industry median of 5.73. Sunstone Hotel Investors' overall GF Score™ is 77/100 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 Sunstone Hotel Investors (SHO), the current Cyclically Adjusted PS Ratio is 2.11 as of Sep. 09, 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 Sunstone Hotel Investors (SHO) Overvalued in 2026?

Based on GuruFocus' analysis, Sunstone Hotel Investors stock appears to be undervalued. The current stock price of $10.93 is trading 2% below its estimated GF Value™ of $11.15. GuruFocus considers Sunstone Hotel Investors to be Fairly Valued.

Key valuation signals for SHO:

  • Cyclically Adjusted PS Ratio: 2.11 (10% above median its 10-year median of 1.92)
  • GF Value™: $11.15 vs. price of $10.93 (2% below fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 63.2% below the REITs median (#86 of 543)

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


Sunstone Hotel Investors Business Description

Industry Real EstateREITs
Address 15 Enterprise, Suite 200, Aliso Viejo, CA, USA, 92656
Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. Its firm's portfolio consists upper upscale and luxury hotels located in convention, resort destination and urban markets. Its majority of the hotels operate under a brand owned by Marriott, Hilton, Hyatt, Four Seasons or Montage. It operates geographically in California which generates the majority of its revenue; Florida; and Hawaii. The company's sole source of income is hotel revenue from its Hotel Ownership Segment.
77GF Score

Get the complete analysis for SHO

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

$10.93
Price
$11.15
GF Value