Pebblebrook Hotel Trust (PEB) stock analysis
Close on Nov 11, 2026Market cap $2.46BP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak5 of 30 checks passed
Pebblebrook Hotel Trust passes 5 of the 30 checks behind our score; 12 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 1/6
- Growth
- 2/6
- Past performance
- 1/6
- Financial health
- 0/6
- Dividend
- 1/6
What stands out
Guidance raised
Pebblebrook Hotel Trust raised its 2026 Net income (loss) outlook on Jul 29, 2026.
P/B below the industry
Pebblebrook Hotel Trust's price-to-book of 1.06 is below the Miscellaneous Investing median of 1.20.
Gross margin improving
Gross margin was 34.4% over the last twelve months, against 33.0% a year earlier.
Net margin above its 5-year average
Net margin was -4.6% over the last twelve months, against a 5-year average of -8.3%.
What to watch
Margin of safety under 20%
The price is 46.7% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $22.05 is above our fair value estimate of $15.04.
Return on equity under 15%
Return on equity was -2.8% over the last twelve months and averaged -2.8% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 1.7%, below the 10% that usually covers the cost of capital.
Valuation1/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA above its 5-year median
Pebblebrook Hotel Trust's EV/EBITDA of 48.8 is above its 5-year median of 33.3.
P/B below the industry
Pebblebrook Hotel Trust's price-to-book of 1.06 is below the Miscellaneous Investing median of 1.20.
Trading above fair value
The share price of $22.05 is above our fair value estimate of $15.04.
Margin of safety under 20%
The price is 46.7% above fair value, so there is no margin of safety.
Growth2/6
Revenue growing under 10% a year
Revenue grew 2.0% a year over the last three fiscal years, short of the 10% we look for.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing slower than the industry
Revenue grew 2.8% over the last twelve months; the Miscellaneous Investing median is 4.6%.
Guidance raised
Pebblebrook Hotel Trust raised its 2026 Net income (loss) outlook on Jul 29, 2026.
Gross margin improving
Gross margin was 34.4% over the last twelve months, against 33.0% a year earlier.
Past performance1/6
Return on equity under 15%
Return on equity was -2.8% over the last twelve months and averaged -2.8% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 1.7%, below the 10% that usually covers the cost of capital.
Return on equity below the industry
Pebblebrook Hotel Trust's return on equity of -2.8% is below the Miscellaneous Investing median of 3.1%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was -4.6% over the last twelve months, against a 5-year average of -8.3%.
Net margin below the industry
Pebblebrook Hotel Trust's net margin of -4.6% is below the Miscellaneous Investing median of 10.3%.
Financial health0/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest not well covered
Operating income covers interest expense 0.4 times; we look for at least 5.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Elevated bankruptcy risk
The Altman Z-score is 0.43; above 3 is the safe zone and below 1.8 the distress zone.
Dividend1/6
Pays a dividend
Pebblebrook Hotel Trust paid dividends worth 0.2% of the share price over the last twelve months.
Yield below Treasuries
The 0.2% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; Pebblebrook Hotel Trust yields 0.2%.
Dividend stability
Fewer than five years of dividend history.
Earnings cover
Needs dividends paid and net income.
Cash-flow cover
Needs dividends paid and free cash flow.
Fair value
How we estimate itOur estimate per share
$15.04
The share price is 47% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| EV/EBITDA | 21.5× | 33.3× | 9.5× | $11.52 | 58% |
| P/B | 0.9× | 0.6× | 1.2× | $18.78 | 17% |
| Earnings power | 10.9% cost of equity | – | – | $20.75 | 25% |
| Fair value | $15.04 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Miscellaneous Investing median 26.3
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $55.08M
- Value traded per 1% price move
- $32.69M
Downside
Low risk
- Typical loss in a bad month
- 6.5%
- Volatility (annualized)
- 31%
- Sharpe ratio, 1 year
- 2.78
- Beta to the S&P 500 (5Y)
- 1.21
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.5% | +2.0% | +27.2% | – | |
| Gross profit | -0.5% | -1.2% | +50.5% | – | |
| Operating income | -47.9% | +43.8% | – | -10.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 4.4% | -11.4% | -2.5% | |
| Return on assets | 2.5% | -6.2% | -1.2% | |
| Interest coverage | 4.1× | -2.8× | 0.4× | |
| Capex to revenue | 0.0% | 0.0% | – | |
| Diluted shares | 72M | 131M | 117M |
Cash use needs five years of cash flow figures
Pebblebrook Hotel Trust does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -4.5% | 0.27× | 2.14× | -2.5% |
| FY2024 | -0.3% | 0.25× | 2.11× | -0.2% |
| FY2023 | -5.5% | 0.24× | 2.08× | -2.7% |
| FY2022 | -6.3% | 0.22× | 2.01× | -2.8% |
| FY2021 | -25.2% | 0.12× | 1.92× | -5.8% |
| FY2020 | -88.4% | 0.07× | 1.83× | -11.4% |
| FY2019 | 7.2% | 0.24× | 1.83× | 3.1% |
| FY2018 | 1.6% | 0.17× | 1.82× | 0.5% |
| FY2017 | 13.0% | 0.28× | 1.74× | 6.4% |
| FY2016 | 9.0% | 0.28× | 1.74× | 4.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero-$65.81M
- Cash generatingOperating cash flow above zero$249.73M
- Return on assets improvedROA up on the prior year-0.1% → -1.2%
- Earnings backed by cashOperating cash flow above net income$249.73M vs -$65.81M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise120M → 117M
- Gross margin improvedGross margin up on the prior year33.87% → 33.20%
- More efficientAsset turnover rose0.25 → 0.26
See a number that looks wrong?