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American Hotelome Properties REIT LP (American Hotelome Properties REIT LP) Cyclically Adjusted PB Ratio : 0.08 (As of Apr. 28, 2024)


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What is American Hotelome Properties REIT LP Cyclically Adjusted PB Ratio?

As of today (2024-04-28), American Hotelome Properties REIT LP's current share price is $0.4875. American Hotelome Properties REIT LP's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.48. American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio for today is 0.08.

The historical rank and industry rank for American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio or its related term are showing as below:

AHOTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.26   Max: 0.33
Current: 0.08

During the past years, American Hotelome Properties REIT LP's highest Cyclically Adjusted PB Ratio was 0.33. The lowest was 0.06. And the median was 0.26.

AHOTF's Cyclically Adjusted PB Ratio is ranked better than
97.57% of 494 companies
in the REITs industry
Industry Median: 0.775 vs AHOTF: 0.08

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

American Hotelome Properties REIT LP's adjusted book value per share data for the three months ended in Dec. 2023 was $2.396. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $6.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Hotelome Properties REIT LP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Hotelome Properties REIT LP's Cyclically Adjusted PB 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.

* Premium members only.

American Hotelome Properties REIT LP Cyclically Adjusted PB Ratio Chart

American Hotelome Properties REIT LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.31 0.10

American Hotelome Properties REIT LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 0.31 0.27 0.26 0.19 0.10

Competitive Comparison of American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio

For the REIT - Hotel & Motel subindustry, American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio falls into.



American Hotelome Properties REIT LP Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4875/6.48
=0.08

* 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.

American Hotelome Properties REIT LP's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, American Hotelome Properties REIT LP's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.396/125.4675*125.4675
=2.396

Current CPI (Dec. 2023) = 125.4675.

American Hotelome Properties REIT LP Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.811 98.604 9.939
201406 7.959 99.473 10.039
201409 7.861 99.394 9.923
201412 7.858 98.367 10.023
201503 7.666 99.789 9.639
201506 7.714 100.500 9.630
201509 7.582 100.421 9.473
201512 7.439 99.947 9.338
201603 7.233 101.054 8.980
201606 7.177 102.002 8.828
201609 7.164 101.765 8.833
201612 7.114 101.449 8.798
201703 7.017 102.634 8.578
201706 6.914 103.029 8.420
201709 6.868 103.345 8.338
201712 6.631 103.345 8.050
201803 6.488 105.004 7.752
201806 6.440 105.557 7.655
201809 6.336 105.636 7.525
201812 6.095 105.399 7.256
201903 5.922 106.979 6.945
201906 5.836 107.690 6.799
201909 5.702 107.611 6.648
201912 5.354 107.769 6.233
202003 5.047 107.927 5.867
202006 4.783 108.401 5.536
202009 4.630 108.164 5.371
202012 4.354 108.559 5.032
202103 4.165 110.298 4.738
202106 4.152 111.720 4.663
202109 4.345 112.905 4.828
202112 4.205 113.774 4.637
202203 4.113 117.646 4.386
202206 4.224 120.806 4.387
202209 4.170 120.648 4.337
202212 3.535 120.964 3.667
202303 3.456 122.702 3.534
202306 3.532 124.203 3.568
202309 3.460 125.230 3.467
202312 2.396 125.468 2.396

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


American Hotelome Properties REIT LP  (OTCPK:AHOTF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


American Hotelome Properties REIT LP Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of American Hotelome Properties REIT LP's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


American Hotelome Properties REIT LP (American Hotelome Properties REIT LP) Business Description

Traded in Other Exchanges
Address
800 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.