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.
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.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Ryman Hospitality Properties Piotroski F-Score Related Terms
Ryman Hospitality Properties Piotroski F-Score Historical Data
* 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.
RHP vs APLE, PK, DRH: Piotroski F-Score Comparison
For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Ryman Hospitality Properties Piotroski F-Score vs REITs Industry
For the REITs industry and Real Estate sector, Ryman Hospitality Properties's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Ryman Hospitality Properties's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Ryman Hospitality Properties's current Net Income (TTM) was 272.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Ryman Hospitality Properties's current Cash Flow from Operations (TTM) was 692.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Ryman Hospitality Properties's return on assets of this year was 0.04450219. Ryman Hospitality Properties's return on assets of last year was 0.05106871.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Ryman Hospitality Properties's gearing of this year was 0.66926658. Ryman Hospitality Properties's gearing of last year was 0.76541022.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Ryman Hospitality Properties's current ratio of this year was 1.34446123. Ryman Hospitality Properties's current ratio of last year was 1.25544332.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Ryman Hospitality Properties's number of shares in issue this year was 68.143. Ryman Hospitality Properties's number of shares in issue last year was 65.732.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Ryman Hospitality Properties's gross margin of this year was 0.32531409. Ryman Hospitality Properties's gross margin of last year was 0.31778246.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Ryman Hospitality Properties's asset turnover of this year was 0.44902416. Ryman Hospitality Properties's asset turnover of last year was 0.47556536.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
1
+
1
+
0
+
1
+
1
+
1
+
0
+
1
+
0
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Ryman Hospitality Properties has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Ryman Hospitality Properties (RHP) has a Piotroski F-Score of 6 as of Aug. 12, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ryman Hospitality Properties and its competitors. This is near median its historical median of 6.00. Over the past decade, Ryman Hospitality Properties' Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Ryman Hospitality Properties ranks #230 out of 877 companies in the REITs industry, placing it in the top 26.2%.
Is Ryman Hospitality Properties' Piotroski F-Score too high?
Ryman Hospitality Properties' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The REITs industry median Piotroski F-Score is 6.00. Ryman Hospitality Properties' value of 6 is 0% at this industry median. Based on the distribution chart, Ryman Hospitality Properties ranks #230 out of 877 companies in the REITs industry, which is above the industry midpoint. Overall, Ryman Hospitality Properties has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ryman Hospitality Properties' Piotroski F-Score compare to APLE and PK?
According to the REITs industry distribution chart, Ryman Hospitality Properties ranks #230 out of 877 companies for Piotroski F-Score. This puts Ryman Hospitality Properties in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Ryman Hospitality Properties' value of 6 is 0% at this benchmark. Historically, Ryman Hospitality Properties' own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Ryman Hospitality Properties has consistently been at 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 Piotroski F-Score for a REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 877 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ryman Hospitality Properties's current Piotroski F-Score of 6 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ryman Hospitality Properties and its competitors. For the REITs industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ryman Hospitality Properties's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryman Hospitality Properties stock overvalued right now?
Based on GuruFocus' analysis, Ryman Hospitality Properties (RHP) is currently considered Modestly Overvalued. The stock's GF Value™ is $111.52, compared to a current price of $124.34 — trading 11.5% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the REITs industry median of 6.00. Ryman Hospitality Properties' overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Ryman Hospitality Properties (RHP), the current Piotroski F-Score is 6 as of Aug. 12, 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 Ryman Hospitality Properties (RHP) Overvalued in 2026?
Based on GuruFocus' analysis, Ryman Hospitality Properties stock appears to be overvalued.
The current stock price of $124.34 is trading 11.5% above its estimated GF Value™ of $111.52.
GuruFocus considers Ryman Hospitality Properties to be Modestly Overvalued.
Key valuation signals for RHP:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: $111.52 vs. price of $124.34 (11.5% above fair value)
Industry Position: 0% at the REITs median (#230 of 877)
No single metric tells the full story. See the RHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings include meetings-focused resorts that are managed by Marriott under the Gaylord Hotels and JW Marriott brands. The company's operations are organized into three segments: Hospitality, Entertainment, and Corporate and Other. The majority of its revenue is generated from the Hospitality segment, which includes the Gaylord Hotels properties, JW Marriott properties, the Inn at Opryland, and the AC Hotel in its portfolio. The Entertainment segment includes the entertainment and media assets comprising Opry Entertainment Group, and the Corporate and Other segment includes corporate expenses.
72GF Score
Get the complete analysis for RHP
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RHP has been successfully added to your 
