Loading…
← CockpitCompetitor Analysis › PEB Pebblebrook Hotel TrustOpen in the cockpit ↗

Pebblebrook Hotel TrustPEBCompetitor analysis, valuation and peers

United States · USD·Real Estate›Real Estate Investment Trusts

Owns upper-upscale and luxury hotels in gateway cities and resort markets, managed by major brand operators.

Momentum leader 92
Mkt cap
$2.36B
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$59.4M
20-day average traded
P/B
1.01×
price to book
ROE
-2.8%
delivered
Implied ROE
12.2%
what the price asks
Next earnings
109 days
23 Feb 2027
Close · USD$21.12
1D+1.5%
1W-1.9%
1M+11.3%
3M+19.2%
6M+43.5%
YTD+86.6%
1Y+105.2%
ATR %3.3%
Beta0.94
52w lowhigh5.7% off high

What Pebblebrook Hotel Trust does

Owns upper-upscale and luxury hotels in gateway cities and resort markets, managed by major brand operators.

As a REIT it owns the hotels and pays operators management fees to run them, keeping the hotel profit after costs, so earnings swing with room rates and occupancy rather than fixed rent. The weight is on city-centre hotels in gateway cities and resort sites.

Products and services

  • Urban gateway hotel ownership
  • Resort hotel ownership

Customers

  • Leisure and business travelers
  • Marriott
  • Hyatt
  • Hilton

Where it sits in the supply chain

  • Real estate
  • Hospitality REITs
  • Owned luxury/upper-upscale hotel real…

What could go right

  • Resort and gateway-city travel recovery

What could go wrong

  • Highly cyclical to travel demand
  • High leverage relative to peers

Moat: none (scale). Property owner only; performance tracks travel cycles and brand-operator execution.

Headquarters: Bethesda, Maryland, US · Founded: 2009 · Employees: 52

Named competitors

Pebblebrook Hotel Trust at a glance

Size Pebblebrook Hotel Trust (PEB) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $2.36B, the 1693rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $21.12 on 6 Nov 2026.

Performance Over six months the shares gained 43.5%, against -5.5% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 2.8% over the last twelve months (peer median +5.5%); the operating margin is 8.6% (peer median 38.7%).

Valuation It trades at 1.01× book value against a peer median of 1.32× (7th cheapest of 21).

Price implies The share price implies a return on equity of about 12.2%; Pebblebrook Hotel Trust delivers -2.8%, so the price asks more than the business earns today.

Credit Pebblebrook Hotel Trust has 1 bond outstanding ($350M).

Short interest Short interest is 17.7% of the free float (15 Oct 2026).

Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026PEB 147Peer median 95
Six months, rebased to 100: Pebblebrook Hotel Trust against the median of its 20 peers (local-currency closes).

Pebblebrook Hotel Trust financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.50B$1.48B$1.45B$1.42B$1.39B
Revenue growth—+2%+2%+2%—
Gross profit$179M$129M$137M$114M$143M
EBITDA$340M$303M$313M$297M$338M
Net income-$68.6M-$65.8M-$4.28M-$78.1M-$87.2M
Free cash flow$220M$152M$146M$35.6M$162M
Capital expenditure$66.9M$97.4M$129M$201M$117M
Total debt$2.46B$2.50B$2.61B$2.68B$2.75B

Quarterly statements and history in the cockpit →

Pebblebrook Hotel Trust competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%0%+10%+20%NTST8955SHOSMA3269IVTCRR-UNBYGLTCBEI-UNFCPTUEDIR-UNPMZ-UN3249C2PUAT1AKRPEB6-month return →1-month return →
Up and to the right = strong over both horizons. Pebblebrook Hotel Trust is the large dot.

Fundamentals: return on equity against price-to-book

0%5%10%10×1.50×NTST8955SHOSMA3269IVTCRR-UNBYGLTCBEI-UNHMNFCPTUEDIR-UNPMZ-UN3249C2PUAT1AKRPEBReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Pebblebrook Hotel Trust is the large dot.

Capital: ROE delivered against the ROE the price implies

0%5%10%0%5%10%NTST8955SHOSMA3269IVTCRR-UNBYGLTCBEI-UNHMNFCPTUEDIR-UNPMZ-UN3249C2PUAT1AKRPEBROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Pebblebrook Hotel Trust is the large dot.

Pebblebrook Hotel Trust competitors and peer comparison

Head to head with its named competitors (PEB vs SHO vs DRH vs XHR)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Pebblebrook Hotel Trust PEB$2.36B+43%+3%-3%1.01×12.2%
Sunstone Hotel Investors SHO$2.33B+19%+7%3%1.42×12.8%
DiamondRock Hospitality DRH$2.88B+30%+2%11%1.86×16.4%
Xenia Hotels & Resorts XHR$1.97B+26%+4%0%1.80×17.3%
RLJ Lodging Trust RLJ$1.92B+40%+1%1%1.07×11.2%
Host Hotels & Resorts HST$16.9B+15%+5%16%2.64×22.6%

How Pebblebrook Hotel Trust compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Pebblebrook Hotel Trust against its 20 peers (data as of 6 Nov 2026)
MeasurePEBPeer medianRank in peer set
1-month return+11.3%+5.9%4th highest of 21
6-month return+43.5%-5.5%highest of 21
Return on equity-2.8%4.9%2nd lowest of 21
Price / book1.01×1.32×7th cheapest of 21
ROE the price implies12.2%8.9%4th most demanding of 21
ROE delivered-2.8%4.8%2nd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Pebblebrook Hotel Trust PEBUnited States$2.36B+43%+3%-3%1.01×12.2%-2.8%
NETSTREIT NTSTUnited States$2.37B-9%+27%1%1.18×10.0%1.3%
Japan Prime Realty Investment 8955.TJapan$2.37B-7%-13%7%1.31×5.2%6.8%
Sunstone Hotel Investors SHOUnited States$2.33B+19%+7%3%1.42×12.8%2.7%
SmartStop Self Storage REIT SMAUnited States$2.31B+20%+21%2%1.86×9.3%2.4%
Advance Residence Investment 3269.TJapan$2.42B-18%-4%7%1.54×5.8%7.3%
InvenTrust Properties IVTUnited States$2.46B+1%+13%2%1.38×11.0%1.6%
Crombie Real Estate Investment Trust CRR-UN.TOCanada$2.22B-3%+4%-3%1.70×11.5%-3.2%
Big Yellow BYG.LUnited Kingdom$2.50B+11%+2%5%0.72×8.8%4.8%
LTC Properties LTCUnited States$2.52B+14%+69%39%1.50×9.9%38.7%
Boardwalk Real Estate Investment Trust BEI-UN.TOCanada$2.21B-5%+3%-1%0.66×6.0%-1.0%
CapitaLand Ascott Trust HMN.SISingapore$2.55B-6%+5%7%0.74×4.7%6.5%
Four Corners Property Trust FCPTUnited States$2.57B-7%+10%8%1.58×12.2%7.5%
Urban Edge Properties UEUnited States$2.58B-6%+6%8%1.95×16.9%8.0%
Dream Industrial Real Estate Investment Trust DIR-UN.TOCanada$2.58B-8%+6%4%0.78×8.4%3.9%
Primaris Real Estate Investment Trust PMZ-UN.TOCanada$2.11B+21%+18%5%1.08×9.1%4.6%
Industrial & Infrastructure Fund Investment 3249.TJapan$2.07B-12%+36%8%1.33×6.4%8.5%
Parkway Life Real Estate Investment Trust C2PU.SISingapore$2.05B0%+3%10%1.56×6.3%10.1%
Aroundtown AT1.DEGermany$2.04B-32%+1%5%0.22×4.0%4.9%
Acadia Realty Trust AKRUnited States$2.74B-9%0%2%1.17×11.8%1.6%
Frasers Logistics & Commercial Trust BUOU.SISingapore$2.76B-6%0%5%0.82×4.2%5.1%

Pebblebrook Hotel Trust bonds and credit

Pebblebrook Hotel Trust has 1 bond outstanding with $350M face value.

Every bond, yield and spread in the cockpit →

Questions

Who are Pebblebrook Hotel Trust's main competitors?
Named competitors: Sunstone Hotel Investors (SHO), DiamondRock Hospitality (DRH), Xenia Hotels & Resorts (XHR), RLJ Lodging Trust (RLJ), Host Hotels & Resorts (HST). The cockpit's measured peer set (industry) also includes NETSTREIT (NTST), Japan Prime Realty Investment (8955.T), Sunstone Hotel Investors (SHO), SmartStop Self Storage REIT (SMA), Advance Residence Investment (3269.T), InvenTrust Properties (IVT).
Is Pebblebrook Hotel Trust expensive compared with its peers?
On price / book it trades at 1.01× against a peer median of 1.32×, 7th cheapest of 21 in its peer set. The share price implies a return on equity of about 12.2%; Pebblebrook Hotel Trust delivers -2.8%, so the price asks more than the business earns today.
How has Pebblebrook Hotel Trust stock performed?
Over six months to 6 Nov 2026 the shares returned +43.5% against -5.5% for the median peer; over one year +105.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.