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Xenia Hotels & Resorts (Xenia Hotels & Resorts) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 07, 2024)


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What is Xenia Hotels & Resorts Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Xenia Hotels & Resorts's current share 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 for today is 0.83.

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

XHR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.77   Max: 0.91
Current: 0.84

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

XHR's Cyclically Adjusted PB Ratio is ranked worse than
53.94% of 495 companies
in the REITs industry
Industry Median: 0.76 vs XHR: 0.84

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xenia Hotels & Resorts Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Xenia Hotels & Resorts'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.

Xenia Hotels & Resorts Cyclically Adjusted PB Ratio Chart

Xenia Hotels & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.80

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 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 - 0.71 0.68 0.80 0.87

Competitive Comparison of Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio

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 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.

Xenia Hotels & Resorts's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


Xenia Hotels & Resorts  (NYSE:XHR) 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.


Xenia Hotels & Resorts Cyclically Adjusted PB Ratio Related Terms

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


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

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