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Pebblebrook Hotel Trust (FRA:PD0) Cyclically Adjusted Price-to-FCF : 6.39 (As of Apr. 28, 2024)


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What is Pebblebrook Hotel Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Pebblebrook Hotel Trust's current share price is €13.80. Pebblebrook Hotel Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.16. Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF for today is 6.39.

The historical rank and industry rank for Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:PD0' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.92   Med: 6.81   Max: 16.98
Current: 6.35

During the past years, Pebblebrook Hotel Trust's highest Cyclically Adjusted Price-to-FCF was 16.98. The lowest was 3.92. And the median was 6.81.

FRA:PD0's Cyclically Adjusted Price-to-FCF is ranked better than
76.92% of 390 companies
in the REITs industry
Industry Median: 11.545 vs FRA:PD0: 6.35

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Pebblebrook Hotel Trust's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.352. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pebblebrook Hotel Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF 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.

Pebblebrook Hotel Trust Cyclically Adjusted Price-to-FCF Chart

Pebblebrook Hotel Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.53 9.25 10.35 5.76 6.78

Pebblebrook Hotel Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 5.90 5.82 5.65 6.78 6.54

Competitive Comparison of Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF falls into.



Pebblebrook Hotel Trust Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.80/2.16
=6.39

* 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.

Pebblebrook Hotel Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pebblebrook Hotel Trust's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.352/129.4194*129.4194
=0.352

Current CPI (Mar. 2024) = 129.4194.

Pebblebrook Hotel Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.456 100.560 0.587
201409 0.707 100.428 0.911
201412 0.473 99.070 0.618
201503 0.381 99.621 0.495
201506 0.742 100.684 0.954
201509 0.835 100.392 1.076
201512 0.795 99.792 1.031
201603 0.577 100.470 0.743
201606 0.869 101.688 1.106
201609 0.848 101.861 1.077
201612 0.712 101.863 0.905
201703 0.483 102.862 0.608
201706 0.722 103.349 0.904
201709 0.698 104.136 0.867
201712 0.519 104.011 0.646
201803 0.484 105.290 0.595
201806 0.757 106.317 0.921
201809 0.845 106.507 1.027
201812 -0.343 105.998 -0.419
201903 0.382 107.251 0.461
201906 0.931 108.070 1.115
201909 0.847 108.329 1.012
201912 0.543 108.420 0.648
202003 0.010 108.902 0.012
202006 -0.599 108.767 -0.713
202009 -0.392 109.815 -0.462
202012 -0.345 109.897 -0.406
202103 -0.046 111.754 -0.053
202106 0.031 114.631 0.035
202109 0.302 115.734 0.338
202112 0.179 117.630 0.197
202203 0.269 121.301 0.287
202206 0.611 125.017 0.633
202209 0.861 125.227 0.890
202212 0.178 125.222 0.184
202303 0.344 127.348 0.350
202306 0.452 128.729 0.454
202309 0.640 129.860 0.638
202312 0.259 129.419 0.259
202403 0.352 129.419 0.352

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Pebblebrook Hotel Trust  (FRA:PD0) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Pebblebrook Hotel Trust Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Pebblebrook Hotel Trust's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Pebblebrook Hotel Trust (FRA:PD0) Business Description

Industry
Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1100, Bethesda, MD, USA, 20814
Pebblebrook Hotel Trust currently owns upper-upscale and luxury hotels with 12,134 rooms across 47 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 U.S. hotels, in December 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.

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