In this paper, we study the stability of the volume preserving mean curvature flow of closed hypersurfaces in the hyperbolic space. We prove that an [Formula: see text]-almost umbilical hypersurface will be deformed to a totally umbilical hypersurface along the flow. Our result removes the assumption on the mean curvature in the theorems of Huang-Lin-Zhang [Peking J. Math. (2023)] and Leng-Xu-Zhao [Int. J. Math. (2014)].