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Starwood Hotels & Resorts Worldwide (Starwood Hotels & Resorts Worldwide) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2016)


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What is Starwood Hotels & Resorts Worldwide Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Starwood Hotels & Resorts Worldwide's adjusted book value per share for the three months ended in Jun. 2016 was $1.026. 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 $0.00 for the trailing ten years ended in Jun. 2016.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-06), Starwood Hotels & Resorts Worldwide's current stock price is $77.05. Starwood Hotels & Resorts Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 was $0.00. Starwood Hotels & Resorts Worldwide's Cyclically Adjusted PB Ratio of today is .


Starwood Hotels & Resorts Worldwide Cyclically Adjusted Book per Share Historical Data

The historical data trend for Starwood Hotels & Resorts Worldwide's Cyclically Adjusted Book per Share 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.

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Starwood Hotels & Resorts Worldwide Cyclically Adjusted Book per Share Chart

Starwood Hotels & Resorts Worldwide Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
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Starwood Hotels & Resorts Worldwide Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Starwood Hotels & Resorts Worldwide's Cyclically Adjusted Book per Share

For the Lodging subindustry, Starwood Hotels & Resorts Worldwide'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.


Starwood Hotels & Resorts Worldwide's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Starwood Hotels & Resorts Worldwide's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Starwood Hotels & Resorts Worldwide's Cyclically Adjusted PB Ratio falls into.



Starwood Hotels & Resorts Worldwide Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Starwood Hotels & Resorts Worldwide's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book= Book Value per Share /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=1.026/101.6881*101.6881
=1.026

Current CPI (Jun. 2016) = 101.6881.

Starwood Hotels & Resorts Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
200609 12.972 85.606 15.409
200612 14.005 85.142 16.727
200703 14.440 86.640 16.948
200706 13.941 87.906 16.127
200709 13.066 87.964 15.105
200712 11.026 88.616 12.652
200803 10.301 90.090 11.627
200806 10.665 92.320 11.747
200809 10.261 92.307 11.304
200812 8.885 88.697 10.186
200903 8.390 89.744 9.507
200906 9.684 91.003 10.821
200909 10.281 91.120 11.473
200912 9.765 91.111 10.899
201003 9.729 91.821 10.775
201006 10.173 91.962 11.249
201009 10.805 92.162 11.922
201012 12.805 92.474 14.081
201103 13.358 94.283 14.407
201106 14.335 95.235 15.306
201109 14.728 95.727 15.645
201112 15.078 95.213 16.103
201203 16.043 96.783 16.856
201206 16.374 96.819 17.197
201209 17.214 97.633 17.929
201212 16.244 96.871 17.052
201303 17.178 98.209 17.786
201306 17.832 98.518 18.406
201309 18.260 98.790 18.796
201312 17.509 98.326 18.108
201403 17.218 99.695 17.562
201406 16.481 100.560 16.666
201409 11.907 100.428 12.056
201412 8.831 99.070 9.064
201503 7.794 99.621 7.956
201506 7.860 100.684 7.938
201509 7.389 100.392 7.484
201512 7.680 99.792 7.826
201603 7.927 100.470 8.023
201606 1.026 101.688 1.026

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


Starwood Hotels & Resorts Worldwide  (NYSE:HOT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Starwood Hotels & Resorts Worldwide Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Starwood Hotels & Resorts Worldwide's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Starwood Hotels & Resorts Worldwide (Starwood Hotels & Resorts Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
Starwood Hotels & Resorts Worldwide Inc was incorporated in 1980 under the laws of Maryland. It operates as a hotel and leisure company. The Company conducts its hotel and leisure business both directly and through its subsidiaries. It has 1,222 properties providing approximately 354,200 rooms in approximately 100 countries and 180,400 employees under its management at its owned and managed properties, vacation ownership resorts and corporate offices. The Company manage and operate its hotel business in three separate hotel segments: the Americas, Europe, Africa and the Middle East ("EAME"), and Asia Pacific. Its vacation ownership and residential business is a separate segment. It franchises its Luxury Collection, Westin, Le Méridien, Sheraton, Four Points by Sheraton, Aloft and Element brands and generally derive licensing and other fees from franchisees based on a fixed percentage of the franchised hotel's room revenue, as well as fees for other services, including centralized reservations, loyalty program, national and international advertising and sales and marketing. The Company's brands name includes St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element. Some of its competitors are private management firms, several are national and international chains that own and operate their own hotels, as well as manage hotels for third-party owners and sell VOIs, under a variety of brands that compete directly with its brands. It is subject to taxation at the federal, state or provincial and local levels in the U.S. and various other countries and jurisdictions.
Executives
Charlene Barshefsky director
Lizanne Galbreath director LASALLE PARTNERS INC, 200 RANDOLPH DR, CHICAGO IL 60601
Kenneth S Siegel officer: CAO & General Counsel 40 STARWOOD HOTELS & RESORTS, 111 WESTCHESTER AVE, WHITE PLAINS NY 10604
Thomas B Mangas director, officer: Chief Executive Officer C/O ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Sergio Rivera officer: President, The Americas C/O STARWOOD HOTELS & RESORTS WORLDWIDE,, ONE STARPOINT, STAMFORD CT 06902
Stephen R Quazzo director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Daley Clayton C Jr director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Thomas E Clarke director C/O NEWELL RUBBERMAID INC, THREE GLENLAKE PKWY., ATLANTA 2Q 30328
Thomas O Ryder director C/O READERS DIGEST ASSOCITATION INC, READERS DIGEST RD., PLEASANTVILLE NY 10570
Aylwin B Lewis director 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Eric Hippeau director STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Bruce W Duncan director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Adam M Aron director, officer: CEO on an interim basis AMC ENTERTAINMENT HOLDINGS, INC, 11500 ASH STREET, LEAWOOD KS 66211
Van Paasschen Frits D director, officer: President and CEO C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Vasant M Prabhu officer: Vice Chairman & CFO C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588

Starwood Hotels & Resorts Worldwide (Starwood Hotels & Resorts Worldwide) Headlines