THLPF (Thule Group AB) 3-Year Book Growth Rate: 2.30% (As of Jun. 2026) — 80% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

THLPF Thule Group AB THLPF
82 GF Score
Price $26.82
GF Value $36.78
! 4 Warning Signs
View Full Analysis

What is Thule Group AB 3-Year Book Growth Rate?

Thule Group AB THLPF 82 3-Year Book Growth Rate is 2.30% as of Jun. 2026, which is 80% below its 10-year median of 11.60. GuruFocus rates THLPF with a GF Score™ of 82/100 and a GF Value™ of $36.78. The stock has 4 warning signs investors should review. Among 776 Travel & Leisure companies, Thule Group AB ranks worse than 54.25% on this metric.

Thule Group AB's Book Value per Share for the quarter that ended in Jun. 2026 was $7.45.

During the past 12 months, Thule Group AB's average Book Value per Share Growth Rate was 8.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 2.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Thule Group AB was 21.20% per year. The lowest was 2.30% per year. And the median was 11.60% per year.


Thule Group AB  (OTCPK:THLPF) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Thule Group AB 3-Year Book Growth Rate Related Terms


THLPF vs AS, HAS, LTH: 3-Year Book Growth Rate Comparison

For the Leisure subindustry, Thule Group AB's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.


Thule Group AB 3-Year Book Growth Rate vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Thule Group AB's 3-Year Book Growth Rate falls into.


THLPF
82GF Score
Thule Group AB THLPF
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thule Group AB 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of 2.30% mean?
Thule Group AB (THLPF) has a 3-Year Book Growth Rate of 2.30% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Thule Group AB and its competitors. This is 80% below median its historical median of 11.60. Over the past decade, Thule Group AB's 3-Year Book Growth Rate has ranged from 2.30 to 21.20. According to the industry distribution chart, Thule Group AB ranks #421 out of 776 companies in the Travel & Leisure industry, placing it in the top 54.3%.
Is Thule Group AB's 3-Year Book Growth Rate too high?
Thule Group AB's current 3-Year Book Growth Rate of 2.30% is 80% below median its 10-year median of 11.60. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 21.20. The Travel & Leisure industry median 3-Year Book Growth Rate is 3.80. Thule Group AB's value of 2.30% is 39.5% below this industry median. Based on the distribution chart, Thule Group AB ranks #421 out of 776 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Thule Group AB has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's 3-Year Book Growth Rate compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #421 out of 776 companies for 3-Year Book Growth Rate. This places Thule Group AB in the lower half of its industry. The industry median 3-Year Book Growth Rate is 3.80. Thule Group AB's value of 2.30% is 39.5% below this benchmark. Historically, Thule Group AB's own 3-Year Book Growth Rate has ranged from 2.30 to 21.20 over the past decade. While the company's 10-year median is 11.60 vs. the industry median of 3.80, Thule Group AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Travel & Leisure company?
The median 3-Year Book Growth Rate among Travel & Leisure companies is 3.80, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thule Group AB's current 3-Year Book Growth Rate of 2.30% is 39.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Thule Group AB and its competitors. For the Travel & Leisure industry, the median 3-Year Book Growth Rate is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current 3-Year Book Growth Rate is 2.30%, which is 80% below median its own 10-year median of 11.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Thule Group AB (THLPF) has a current 3-Year Book Growth Rate of 2.30%. The stock's GF Value™ is $36.78, compared to a current price of $26.82 — trading 27.1% below its estimated fair value. The current 3-Year Book Growth Rate is 2.30%, which is 80% below median its 10-year median of 11.60 and 39.5% below the Travel & Leisure industry median of 3.80. Thule Group AB's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Thule Group AB (THLPF), the current 3-Year Book Growth Rate is 2.30% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thule Group AB (THLPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued. The current stock price of $26.82 is trading 27.1% below its estimated GF Value™ of $36.78.

Key valuation signals for THLPF:

  • 3-Year Book Growth Rate: 2.30% (80% below median its 10-year median of 11.60)
  • GF Value™: $36.78 vs. price of $26.82 (27.1% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 39.5% below the Travel & Leisure median (#421 of 776)

No single metric tells the full story. See the THLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thule Group AB Business Description

Address Dockgatan 1, Malmo, SWE, SE-211 12
Thule Group AB is a manufacturer of sports and outdoor products. It develops and manufactures premium products that facilitate an active outdoor life. Its product categories; Sport & Cargo Carriers (roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (strollers, bike trailers, and child bike seats), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage, and camera bags). It has two operating segments: Region Europe and ROW, and Region Americas. Geographic markets: Sweden, Other Nordic countries, Germany, Other Europe, the USA, Other North America, Central/South America, Asia/Pacific Rim, and the Rest of the world.
82GF Score

Get the complete analysis for THLPF

3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.82
Price
$36.78
GF Value