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Thule Group AB (FRA:TU0) Cyclically Adjusted Book per Share : €5.34 (As of Jun. 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 Jun. 2025 was €5.940. 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 €5.34 for the trailing ten years ended in Jun. 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 (2025-07-18), Thule Group AB's current stock price is €25.44. Thule Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was €5.34. Thule Group AB's Cyclically Adjusted PB Ratio of today is 4.76.

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 5.46.


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 - - 4.32 4.73 4.91

Thule Group AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 4.83 4.90 4.91 5.31 5.34

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 Jun. 2025 was:

Adj_Book= Book Value per Share /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=5.94/132.8245*132.8245
=5.940

Current CPI (Jun. 2025) = 132.8245.

Thule Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201509 3.475 100.228 4.605
201512 3.489 100.276 4.622
201603 3.626 100.751 4.780
201606 3.720 101.019 4.891
201609 3.842 101.138 5.046
201612 3.900 102.022 5.078
201703 4.239 102.022 5.519
201706 3.324 102.752 4.297
201709 3.523 103.279 4.531
201712 3.420 103.793 4.377
201803 3.740 103.962 4.778
201806 3.599 104.875 4.558
201809 3.684 105.679 4.630
201812 3.784 105.912 4.746
201903 4.058 105.886 5.090
201906 3.729 106.742 4.640
201909 4.014 107.214 4.973
201912 4.003 107.766 4.934
202003 4.270 106.563 5.322
202006 4.434 107.498 5.479
202009 4.979 107.635 6.144
202012 4.938 108.296 6.056
202103 5.615 108.360 6.883
202106 4.692 108.928 5.721
202109 5.223 110.338 6.287
202112 5.416 112.486 6.395
202203 5.863 114.825 6.782
202206 5.558 118.384 6.236
202209 5.920 122.296 6.430
202212 5.701 126.365 5.992
202303 5.834 127.042 6.100
202306 5.776 129.407 5.929
202309 5.815 130.224 5.931
202312 5.791 131.912 5.831
202403 6.294 132.205 6.323
202406 5.901 132.716 5.906
202409 5.927 132.304 5.950
202412 6.526 132.987 6.518
202503 6.469 132.825 6.469
202506 5.940 132.825 5.940

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


Thule Group AB  (FRA:TU0) 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
=25.44/5.34
=4.76

* 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 5.46.


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

Industry
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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