Host Hotels & Resorts Inc (HST) is undervalued and Pebblebrook Hotel Trust (PEB) is overvalued.
Against our estimates of intrinsic value, HST trades at the wider discount: a margin of safety of +34%, against -70% for PEB.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.0% (average of 3 methods) values the shares at $33.67; the price of $22.28 is 34% below that value, and 78% of that value comes from beyond year five.
Leak Score 68/100 on 3 of 12 signals
Discounting its cash flows at 8.1% values the shares at $10.71; the price of $18.26 is 70% above that value, and 80% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | HST | PEB |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $22.28 | $18.26 |
| Intrinsic value | $33.67 | $10.71 |
| Margin of safety | +34% | -70% |
| Leak Score | 68/100 (3/12) | 0/100 (2/12) |
| Market cap | $15.3B | $2.1B |
| Revenue growth, 5 years | 30.4% | 27.2% |
| Operating margin | 14.4% | 7.4% |
| Net margin | 16.5% | -5.3% |
| Return on equity | 15.8% | -1.8% |
| Debt to equity | 0.88 | 1.02 |
| P/E | 14.9x | — |
| Forward P/E | 20.9x | — |
| P/B | 2.4x | 0.8x |
| Dividend yield | 7.0% | 0.2% |