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Thule Group AB (CHIX:THULES) Cyclically Adjusted Book per Share : kr60.63 (As of Mar. 2025)


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What is Thule Group AB Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Thule Group AB's adjusted book value per share for the three months ended in Mar. 2025 was kr70.866. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is kr60.63 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Thule Group AB's average Cyclically Adjusted Book Growth Rate was 5.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-06-02), Thule Group AB's current stock price is kr230.70. Thule Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr60.63. Thule Group AB's Cyclically Adjusted PB Ratio of today is 3.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thule Group AB was 6.70. The lowest was 4.03. And the median was 5.49.


Thule Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thule Group AB's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thule Group AB Cyclically Adjusted Book per Share Chart

Thule Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 47.65 52.33 56.81

Thule Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.44 55.67 50.14 56.81 60.63

Competitive Comparison of Thule Group AB's Cyclically Adjusted Book per Share

For the Leisure subindustry, Thule Group AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thule Group AB's Cyclically Adjusted PB Ratio falls into.


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Thule Group AB Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Thule Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=70.866/132.8245*132.8245
=70.866

Current CPI (Mar. 2025) = 132.8245.

Thule Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 32.570 99.995 43.263
201509 32.630 100.228 43.242
201512 32.280 100.276 42.758
201603 33.671 100.751 44.390
201606 34.710 101.019 45.638
201609 36.789 101.138 48.315
201612 37.878 102.022 49.314
201703 40.412 102.022 52.613
201706 32.408 102.752 41.893
201709 33.633 103.279 43.255
201712 33.966 103.793 43.467
201803 38.001 103.962 48.551
201806 37.003 104.875 46.865
201809 38.427 105.679 48.298
201812 38.873 105.912 48.751
201903 42.613 105.886 53.454
201906 39.638 106.742 49.324
201909 42.923 107.214 53.176
201912 41.954 107.766 51.709
202003 46.449 106.563 57.896
202006 46.495 107.498 57.449
202009 51.931 107.635 64.084
202012 50.238 108.296 61.617
202103 57.105 108.360 69.998
202106 47.465 108.928 57.878
202109 53.117 110.338 63.942
202112 55.623 112.486 65.680
202203 61.762 114.825 71.443
202206 58.960 118.384 66.152
202209 63.952 122.296 69.458
202212 62.671 126.365 65.874
202303 65.435 127.042 68.414
202306 67.396 129.407 69.176
202309 68.796 130.224 70.170
202312 64.776 131.912 65.224
202403 71.227 132.205 71.561
202406 66.611 132.716 66.665
202409 67.292 132.304 67.557
202412 75.066 132.987 74.974
202503 70.866 132.825 70.866

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Thule Group AB  (CHIX:THULEs) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Thule Group AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=230.70/60.63
=3.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thule Group AB was 6.70. The lowest was 4.03. And the median was 5.49.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Thule Group AB Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Thule Group AB's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Thule Group AB Business Description

Traded in Other Exchanges
Address
Fosievagen 13, Malmo, SWE, SE- 214 31
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.

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