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Xenia Hotels & Resorts (Xenia Hotels & Resorts) Cyclically Adjusted Book per Share : $17.19 (As of Mar. 2024)


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What is Xenia Hotels & Resorts 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.

Xenia Hotels & Resorts's adjusted book value per share for the three months ended in Mar. 2024 was $12.578. 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 $17.19 for the trailing ten years ended in Mar. 2024.

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 (2024-06-07), Xenia Hotels & Resorts's current stock price is $14.25. Xenia Hotels & Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.19. Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Xenia Hotels & Resorts was 0.91. The lowest was 0.63. And the median was 0.77.


Xenia Hotels & Resorts Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xenia Hotels & Resorts'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.

* Premium members only.

Xenia Hotels & Resorts Cyclically Adjusted Book per Share Chart

Xenia Hotels & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 17.01

Xenia Hotels & Resorts Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - 17.28 17.31 17.01 17.19

Competitive Comparison of Xenia Hotels & Resorts's Cyclically Adjusted Book per Share

For the REIT - Hotel & Motel subindustry, Xenia Hotels & Resorts'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.


Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Xenia Hotels & Resorts 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, Xenia Hotels & Resorts'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)
=12.578/131.7762*131.7762
=12.578

Current CPI (Mar. 2024) = 131.7762.

Xenia Hotels & Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 13.588 99.070 18.074
201503 15.205 99.621 20.113
201506 15.188 100.684 19.878
201509 15.126 100.392 19.855
201512 15.469 99.792 20.427
201603 15.067 100.470 19.762
201606 14.995 101.688 19.432
201609 14.935 101.861 19.321
201612 15.259 101.863 19.740
201703 15.059 102.862 19.292
201706 15.416 103.349 19.656
201709 15.257 104.136 19.307
201712 15.130 104.011 19.169
201803 15.437 105.290 19.320
201806 15.819 106.317 19.607
201809 15.690 106.507 19.413
201812 16.200 105.998 20.140
201903 16.009 107.251 19.670
201906 15.760 108.070 19.217
201909 15.555 108.329 18.922
201912 15.435 108.420 18.760
202003 14.719 108.902 17.811
202006 13.850 108.767 16.780
202009 13.422 109.815 16.106
202012 13.661 109.897 16.381
202103 13.188 111.754 15.551
202106 12.886 114.631 14.813
202109 12.710 115.734 14.472
202112 12.519 117.630 14.025
202203 12.498 121.301 13.577
202206 12.752 125.017 13.441
202209 12.633 125.227 13.294
202212 12.808 125.222 13.478
202303 12.739 127.348 13.182
202306 12.823 128.729 13.127
202309 12.666 129.860 12.853
202312 12.611 129.419 12.841
202403 12.578 131.776 12.578

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


Xenia Hotels & Resorts  (NYSE:XHR) 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.

Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.25/17.19
=0.83

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Xenia Hotels & Resorts was 0.91. The lowest was 0.63. And the median was 0.77.


Be Aware

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


Xenia Hotels & Resorts Cyclically Adjusted Book per Share Related Terms

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


Xenia Hotels & Resorts (Xenia Hotels & Resorts) Business Description

Industry
Traded in Other Exchanges
Address
200 S. Orange Avenue, Suite 2700, Orlando, FL, USA, 32801
Xenia Hotels & Resorts Inc is a real estate investment trust that invests in premium full-service, lifestyle, and urban upscale hotels across the United States. The company owns and pursues hotels in the upscale, upper upscale, and luxury segments that are affiliated with leading brands. Its hotels are primarily operated by Marriott, along with Hilton, Hyatt, Starwood, Kimpton, Aston, Fairmont, and Loews. The firm's properties are located in various regions across the U.S.: the South Atlantic, West South Central, Pacific, Mountain, and other. Xenia's revenue is divided between room, food and beverage, and other. The room segment contributes to the vast majority of the firm's total revenue. The firm's customer groups include transient business, group business, and contract business.
Executives
Bloom Barry A N officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE STE 2700, ORLANDO FL 32801
Arlene Isaacs-lowe director C/O XENIA HOTELS & RESORTS, INC., 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Taylor C. Kessel officer: See Remarks 200 S. ORANGE AVE, SUITE 2700, ORLANDO FL 32801
Joseph T Johnson officer: See Remarks 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Atish Shah officer: See remarks 200 S ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Marcel Verbaas director, officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE, SUITE 2700, ORLANDO FL 32801
Terrence Moorehead director C/O 2901 W. BLUEGRASS BLVD, STE 500, LEHI UT 84043
Keith E Bass director 6208 BLAKEFORD DRIVE, WINDERMERE FL 34786
Mary E Mccormick director 188 E. CAPITOL STREET, 300 ONE JACKSON PLACE, JACKSON MS 39201
Jeffrey H Donahue director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Andrew J Welch officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE, STE 1200, ORLANDO FL 32801
Thomas M Gartland director 6 SYLVAN WAY, PARSIPPANY NJ 07054
Brian M Smith director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Beverly K. Goulet, director 10990 ROE AVENUE, OVERLAND PARK KS 66211
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170