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Melia Hotels International (Melia Hotels International) Cyclically Adjusted PS Ratio : 1.07 (As of May. 22, 2024)


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What is Melia Hotels International Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Melia Hotels International's current share price is $8.535. Melia Hotels International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.01. Melia Hotels International's Cyclically Adjusted PS Ratio for today is 1.07.

The historical rank and industry rank for Melia Hotels International's Cyclically Adjusted PS Ratio or its related term are showing as below:

SMIZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.8   Max: 1.16
Current: 0.95

During the past years, Melia Hotels International's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.38. And the median was 0.80.

SMIZF's Cyclically Adjusted PS Ratio is ranked better than
65.47% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.48 vs SMIZF: 0.95

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Melia Hotels International's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.173. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $8.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melia Hotels International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Melia Hotels International's Cyclically Adjusted PS 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.

Melia Hotels International Cyclically Adjusted PS Ratio Chart

Melia Hotels International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.75 0.79 0.58 0.73

Melia Hotels International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 0.74 0.78 0.71 0.73 0.91

Competitive Comparison of Melia Hotels International's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Melia Hotels International's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Melia Hotels International's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Melia Hotels International's Cyclically Adjusted PS Ratio falls into.



Melia Hotels International Cyclically Adjusted PS Ratio Calculation

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

Melia Hotels International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.535/8.01
=1.07

* 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.

Melia Hotels International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Melia Hotels International's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.173/122.7621*122.7621
=2.173

Current CPI (Mar. 2024) = 122.7621.

Melia Hotels International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.855 101.081 3.467
201409 3.153 100.441 3.854
201412 2.171 100.251 2.658
201503 2.081 99.474 2.568
201506 2.826 101.138 3.430
201509 2.559 99.559 3.155
201512 2.046 100.268 2.505
201603 2.191 98.638 2.727
201606 2.273 100.333 2.781
201609 2.619 99.737 3.224
201612 1.914 101.842 2.307
201703 1.883 100.896 2.291
201706 2.412 101.848 2.907
201709 2.807 101.524 3.394
201712 2.293 102.975 2.734
201803 2.307 102.122 2.773
201806 2.379 104.165 2.804
201809 2.739 103.818 3.239
201812 2.023 104.193 2.384
201903 1.933 103.488 2.293
201906 2.362 104.612 2.772
201909 2.487 103.905 2.938
201912 1.972 105.015 2.305
202003 1.409 103.469 1.672
202006 0.135 104.254 0.159
202009 0.620 103.521 0.735
202012 0.542 104.456 0.637
202103 0.413 104.857 0.484
202106 0.840 107.102 0.963
202109 1.554 107.669 1.772
202112 1.191 111.298 1.314
202203 1.357 115.153 1.447
202206 2.258 118.044 2.348
202209 2.393 117.221 2.506
202212 1.701 117.650 1.775
202303 1.926 118.948 1.988
202306 2.528 120.278 2.580
202309 2.756 121.343 2.788
202312 2.201 121.300 2.228
202403 2.173 122.762 2.173

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Melia Hotels International  (OTCPK:SMIZF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Melia Hotels International Cyclically Adjusted PS Ratio Related Terms

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


Melia Hotels International (Melia Hotels International) Business Description

Traded in Other Exchanges
Address
Gremio Toneleros, 24, Poligono Son Castello, Palma de Mallorca, Baleares, ESP, 07009
Melia Hotels International SA is a Spanish owner and operator of hotels. The company operates midscale, upscale, and premium hotels across several brands, including Sol Hotels & Resorts, Melia Hotels & Resorts, and Gran Melia. Melia may either own or lease the hotels it operates, and hotel operation contributes the majority of company revenue. In addition, hotel owners may operate hotels under a Melia brand in a franchise agreement, or can contract Melia's management services to operate the hotel on its behalf. The company generates approximately half of its revenue in Spain, and the rest from America and the EMEA region.

Melia Hotels International (Melia Hotels International) Headlines

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