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Pebblebrook Hotel Trust (Pebblebrook Hotel Trust) Cyclically Adjusted PS Ratio : 1.19 (As of Jun. 10, 2024)


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What is Pebblebrook Hotel Trust Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Pebblebrook Hotel Trust's current share price is $13.84. Pebblebrook Hotel Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.61. Pebblebrook Hotel Trust's Cyclically Adjusted PS Ratio for today is 1.19.

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

PEB' 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.

PEB's Cyclically Adjusted PS Ratio is ranked better than
90.04% of 492 companies
in the REITs industry
Industry Median: 4.875 vs PEB: 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 $2.615. 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 $11.61 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
=13.84/11.61
=1.19

* 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)
=2.615/131.7762*131.7762
=2.615

Current CPI (Mar. 2024) = 131.7762.

Pebblebrook Hotel Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.299 100.560 3.013
201409 2.597 100.428 3.408
201412 2.190 99.070 2.913
201503 2.256 99.621 2.984
201506 2.729 100.684 3.572
201509 2.986 100.392 3.919
201512 2.684 99.792 3.544
201603 2.714 100.470 3.560
201606 2.935 101.688 3.803
201609 2.905 101.861 3.758
201612 2.749 101.863 3.556
201703 2.534 102.862 3.246
201706 2.961 103.349 3.775
201709 2.916 104.136 3.690
201712 2.594 104.011 3.286
201803 2.616 105.290 3.274
201806 2.984 106.317 3.699
201809 2.967 106.507 3.671
201812 2.605 105.998 3.239
201903 2.815 107.251 3.459
201906 3.385 108.070 4.128
201909 3.243 108.329 3.945
201912 2.901 108.420 3.526
202003 2.059 108.902 2.491
202006 0.173 108.767 0.210
202009 0.589 109.815 0.707
202012 0.568 109.897 0.681
202103 0.640 111.754 0.755
202106 1.248 114.631 1.435
202109 1.826 115.734 2.079
202112 1.890 117.630 2.117
202203 1.971 121.301 2.141
202206 2.473 125.017 2.607
202209 3.177 125.227 3.343
202212 2.476 125.222 2.606
202303 2.436 127.348 2.521
202306 2.541 128.729 2.601
202309 3.297 129.860 3.346
202312 2.782 129.419 2.833
202403 2.615 131.776 2.615

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  (NYSE:PEB) 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

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


Pebblebrook Hotel Trust (Pebblebrook Hotel Trust) 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.
Executives
Jon E Bortz director, 10 percent owner, officer: Chairman, President and CEO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Phillip M. Miller director 2 BETHESDA METRO CENTER, SUITE 1530, BETHESDA MD 20814
Raymond D Martz officer: Executive VP, and CFO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Thomas Charles Fisher officer: CIO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Bonny W Simi director 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Cydney Donnell director MAYS BUSINESS SCHOOL AT TEXAS A&M UNIV, DEPARTMENT OF FINANCE, 306 WEHNER BLDG, COLLEGE STATION TX 77843-4218
Ron E. Jackson director 10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Michael J Schall director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Martin H. Nesbitt director 10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Laura Wright director 2702 LOVE FIELD DRIVE, P.O. BOX 36611, DALLAS TX 75235-1611
Earl E Webb director AVISON YOUNG, 400 SKOKIE BLVD., SUITE 825, NORTHBROOK IL 60062