H World Group (FRA:CL4) PB Ratio: 8.10 (As of Jun. 25, 2026) — Near Median


FRA:CL4 H World Group Ltd FRA:CL4
83 GF Score
Price €3.62
GF Value €3.92
Valuation Fairly Valued
! 1 Warning Sign
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What is H World Group PB Ratio?

H World Group FRA:CL4 +1.69% 83 PB Ratio is 8.10 as of Jun. 25, 2026, which is 1% below its 10-year median of 8.17. GuruFocus rates FRA:CL4 with a GF Score™ of 83/100 and a GF Value™ of €3.92 (Fairly Valued). The stock has 1 warning sign investors should review. Among 795 Travel & Leisure companies, H World Group ranks worse than 92.45% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), H World Group's share price is €3.62. H World Group's Book Value per Share for the quarter that ended in Mar. 2026 was €0.45. Hence, H World Group's PB Ratio of today is 8.10.

The historical rank and industry rank for H World Group's PB Ratio or its related term are showing as below:

FRA:CL4' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 8.17   Max: 20.11
Current: 8.09

During the past 13 years, H World Group's highest PB Ratio was 20.11. The lowest was 0.12. And the median was 8.17.

FRA:CL4's PB Ratio is ranked worse than
92.45% of 795 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs FRA:CL4: 8.09

During the past 12 months, H World Group's average Book Value Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of H World Group was 203.30% per year. The lowest was -0.10% per year. And the median was 13.70% per year.

Back to Basics: PB Ratio


H World Group  (FRA:CL4) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


H World Group PB Ratio Related Terms


H World Group PB Ratio Historical Data

* Premium members only.

The historical data trend for H World Group's 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.

H World Group PB Ratio Chart

H World Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 10.16 5.84 5.71 7.68

H World Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.61 5.91 7.17 7.68 9.49

FRA:CL4 vs H, WH, CHH: PB Ratio Comparison

For the Lodging subindustry, H World Group's PB Ratio, along with its competitors' market caps and 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.


H World Group PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, H World Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where H World Group's PB Ratio falls into.


FRA:CL4
83GF Score
H World Group Ltd FRA:CL4
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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H World Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

H World Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.62/0.447
=8.10

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 8.10 mean?
H World Group (FRA:CL4) has a PB Ratio of 8.10 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on H World Group and its competitors. This is near median its historical median of 8.17. Over the past decade, H World Group's PB Ratio has ranged from 0.12 to 20.11. According to the industry distribution chart, H World Group ranks #735 out of 795 companies in the Travel & Leisure industry, placing it in the top 92.5%.
Is H World Group's PB Ratio too high?
H World Group's current PB Ratio of 8.10 is near median its 10-year median of 8.17. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 20.11. The Travel & Leisure industry median PB Ratio is 1.49. H World Group's value of 8.10 is 443.6% above this industry median. Based on the distribution chart, H World Group ranks #735 out of 795 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, H World Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H World Group's PB Ratio compare to H and WH?
According to the Travel & Leisure industry distribution chart, H World Group ranks #735 out of 795 companies for PB Ratio. This places H World Group in the lower half of its industry. The industry median PB Ratio is 1.49. H World Group's value of 8.10 is 443.6% above this benchmark. Historically, H World Group's own PB Ratio has ranged from 0.12 to 20.11 over the past decade. While the company's 10-year median is 8.17 vs. the industry median of 1.49, H World Group 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 PB Ratio for a Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 795 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H World Group's current PB Ratio of 8.10 is 443.6% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on H World Group and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H World Group's current PB Ratio is 8.10, which is near median its own 10-year median of 8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H World Group stock overvalued right now?
Based on GuruFocus' analysis, H World Group (FRA:CL4) is currently considered Fairly Valued. The stock's GF Value™ is €3.92, compared to a current price of €3.62 — trading 7.7% below its estimated fair value. The current PB Ratio is 8.10, which is near median its 10-year median of 8.17 and 443.6% above the Travel & Leisure industry median of 1.49. H World Group's overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For H World Group (FRA:CL4), the current PB Ratio is 8.10 as of Jun. 25, 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 H World Group (FRA:CL4) Overvalued in 2026?

Based on GuruFocus' analysis, H World Group stock appears to be undervalued. The current stock price of €3.62 is trading 7.7% below its estimated GF Value™ of €3.92. GuruFocus considers H World Group to be Fairly Valued.

Key valuation signals for FRA:CL4:

  • PB Ratio: 8.10 (near median its 10-year median of 8.17)
  • GF Value™: €3.92 vs. price of €3.62 (7.7% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 443.6% above the Travel & Leisure median (#735 of 795)

No single metric tells the full story. See the FRA:CL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H World Group Business Description

Address No. 1299 Fenghua Road, Jiading District, Shanghai, CHN, 201803
H World Group Ltd a foremost, fast-growing multi-brand hotel group with international operations. The principal business activities of the Company are to develop and operate leased and owned, manachised and franchised hotels mainly in the PRC or PRC Mainland. The Group has two operating segments which are legacy Huazhu and legacy DH according to the way management intends to evaluate results and allocate resources within the Group. The majority of revenue comes from legacy Huazhu. The company has presence in Greater China and also Outside Greater China.
83GF Score

Get the complete analysis for FRA:CL4

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

€3.62
Price
€3.92
GF Value