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Pebblebrook Hotel Trust (STU:PD0) Cyclically Adjusted PS Ratio : 1.20 (As of Jun. 08, 2024)


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What is Pebblebrook Hotel Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Pebblebrook Hotel Trust's current share price is €12.90. Pebblebrook Hotel Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.77. Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio for today is 1.20.

The historical rank and industry rank for Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:PD0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.55   Max: 2.85
Current: 1.19

During the past years, Pebblebrook Hotel Trust's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.88. And the median was 1.55.

STU:PD0's Cyclically Adjusted PS Ratio is ranked better than
90.04% of 492 companies
in the REITs industry
Industry Median: 4.875 vs STU:PD0: 1.19

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.

Pebblebrook Hotel Trust's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.406. 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 €10.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pebblebrook Hotel Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pebblebrook Hotel Trust'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.

Pebblebrook Hotel Trust Cyclically Adjusted PS Ratio Chart

Pebblebrook Hotel Trust 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 2.79 1.95 2.20 1.22 1.40

Pebblebrook Hotel Trust 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 1.26 1.24 1.19 1.40 1.33

Competitive Comparison of Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio

For the REIT - Hotel & Motel subindustry, Pebblebrook Hotel Trust'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.


Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio falls into.



Pebblebrook Hotel Trust 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.

Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.90/10.77
=1.20

* 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.

Pebblebrook Hotel Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pebblebrook Hotel Trust'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)
=2.406/131.7762*131.7762
=2.406

Current CPI (Mar. 2024) = 131.7762.

Pebblebrook Hotel Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.692 100.560 2.217
201409 2.015 100.428 2.644
201412 1.776 99.070 2.362
201503 2.085 99.621 2.758
201506 2.432 100.684 3.183
201509 2.660 100.392 3.492
201512 2.464 99.792 3.254
201603 2.437 100.470 3.196
201606 2.612 101.688 3.385
201609 2.589 101.861 3.349
201612 2.606 101.863 3.371
201703 2.369 102.862 3.035
201706 2.636 103.349 3.361
201709 2.446 104.136 3.095
201712 2.192 104.011 2.777
201803 2.122 105.290 2.656
201806 2.554 106.317 3.166
201809 2.543 106.507 3.146
201812 2.290 105.998 2.847
201903 2.491 107.251 3.061
201906 2.996 108.070 3.653
201909 2.944 108.329 3.581
201912 2.611 108.420 3.173
202003 1.864 108.902 2.256
202006 0.154 108.767 0.187
202009 0.500 109.815 0.600
202012 0.467 109.897 0.560
202103 0.537 111.754 0.633
202106 1.036 114.631 1.191
202109 1.552 115.734 1.767
202112 1.673 117.630 1.874
202203 1.790 121.301 1.945
202206 2.340 125.017 2.467
202209 3.209 125.227 3.377
202212 2.337 125.222 2.459
202303 2.275 127.348 2.354
202306 2.346 128.729 2.402
202309 3.089 129.860 3.135
202312 2.552 129.419 2.598
202403 2.406 131.776 2.406

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.


Pebblebrook Hotel Trust  (STU:PD0) 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.


Pebblebrook Hotel Trust Cyclically Adjusted PS Ratio Related Terms

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Pebblebrook Hotel Trust (STU:PD0) Business Description

Industry
Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1100, Bethesda, MD, USA, 20814
Pebblebrook Hotel Trust currently owns upper-upscale and luxury hotels with 12,134 rooms across 47 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 U.S. hotels, in December 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.

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