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John Keells Hotels (COL:KHL.N0000) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 09, 2024)


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What is John Keells Hotels Cyclically Adjusted PB Ratio?

As of today (2024-06-09), John Keells Hotels's current share price is රු18.70. John Keells Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was රු24.53. John Keells Hotels's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for John Keells Hotels's Cyclically Adjusted PB Ratio or its related term are showing as below:

COL:KHL.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.77   Max: 0.99
Current: 0.76

During the past years, John Keells Hotels's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.45. And the median was 0.77.

COL:KHL.N0000's Cyclically Adjusted PB Ratio is ranked better than
66.99% of 618 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs COL:KHL.N0000: 0.76

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.

John Keells Hotels's adjusted book value per share data for the three months ended in Mar. 2024 was රු21.413. 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 රු24.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


John Keells Hotels Cyclically Adjusted PB Ratio Historical Data

The historical data trend for John Keells Hotels'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.

John Keells Hotels Cyclically Adjusted PB Ratio Chart

John Keells Hotels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.55 0.80 0.76

John Keells Hotels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 0.72 0.97 0.78 0.76

Competitive Comparison of John Keells Hotels's Cyclically Adjusted PB Ratio

For the Lodging subindustry, John Keells Hotels'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.


John Keells Hotels's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where John Keells Hotels's Cyclically Adjusted PB Ratio falls into.



John Keells Hotels 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.

John Keells Hotels's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.70/24.53
=0.76

* 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.

John Keells Hotels's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, John Keells Hotels's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=21.413/131.7762*131.7762
=21.413

Current CPI (Mar. 2024) = 131.7762.

John Keells Hotels Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 12.500 100.428 16.402
201412 12.857 99.070 17.102
201503 13.960 99.621 18.466
201506 14.069 100.684 18.414
201509 14.389 100.392 18.887
201512 14.733 99.792 19.455
201603 15.716 100.470 20.613
201606 15.696 101.688 20.340
201609 117.865 101.861 152.480
201612 16.113 101.863 20.845
201703 17.018 102.862 21.802
201706 16.942 103.349 21.602
201709 16.592 104.136 20.996
201712 16.741 104.011 21.210
201803 17.999 105.290 22.527
201806 17.959 106.317 22.260
201809 18.520 106.507 22.914
201812 19.225 105.998 23.900
201903 19.751 107.251 24.268
201906 19.509 108.070 23.789
201909 19.476 108.329 23.691
201912 19.183 108.420 23.315
202003 19.740 108.902 23.886
202006 18.403 108.767 22.296
202009 17.403 109.815 20.883
202012 16.641 109.897 19.954
202103 16.706 111.754 19.699
202106 15.977 114.631 18.367
202109 15.355 115.734 17.483
202112 15.265 117.630 17.101
202203 20.630 121.301 22.412
202206 23.515 125.017 24.786
202209 22.208 125.227 23.370
202212 22.041 125.222 23.195
202303 22.318 127.348 23.094
202306 20.808 128.729 21.301
202309 20.779 129.860 21.086
202312 20.813 129.419 21.192
202403 21.413 131.776 21.413

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.


John Keells Hotels  (COL:KHL.N0000) 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.


John Keells Hotels Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of John Keells Hotels's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


John Keells Hotels (COL:KHL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
117, Sir Chittampalam A. Gardiner Mawatha, Colombo, LKA, 02
John Keells Hotels PLC is a Sri Lanka-based company that is engaged in the business of hotelier. It also engaged in investment activities. The company's geographical segment consists of Sri Lanka and the Maldives.

John Keells Hotels (COL:KHL.N0000) Headlines

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