Tuniu (FRA:0TU) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 16, 2026) — 32% Below Median

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FRA:0TU Tuniu Corp FRA:0TU
70 GF Score
Price €4.34
GF Value €80.78
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Tuniu Cyclically Adjusted PB Ratio?

Tuniu FRA:0TU 70 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 16, 2026, which is 32% below its 10-year median of 0.25. GuruFocus rates FRA:0TU with a GF Score™ of 70/100 and a GF Value™ of €80.78 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 639 Travel & Leisure companies, Tuniu ranks better than 92.64% on this metric.

As of today (2026-08-16), Tuniu's current share price is €4.34. Tuniu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €25.16. Tuniu's Cyclically Adjusted PB Ratio for today is 0.17.

The historical rank and industry rank for Tuniu's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:0TU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.65
Current: 0.17

During the past years, Tuniu's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.16. And the median was 0.25.

FRA:0TU's Cyclically Adjusted PB Ratio is ranked better than
92.64% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs FRA:0TU: 0.17

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.

Tuniu's adjusted book value per share data for the three months ended in Mar. 2026 was €11.822. 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 €25.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tuniu  (FRA:0TU) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Tuniu Cyclically Adjusted PB Ratio Related Terms


Tuniu Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tuniu's Cyclically Adjusted PB Ratio 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.

Tuniu Cyclically Adjusted PB Ratio Chart

Tuniu Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.39 0.17 0.28 0.20

Tuniu Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.30 0.25 0.30 0.20 0.27

FRA:0TU vs YTRA, AHMA, NTRP: Cyclically Adjusted PB Ratio Comparison

For the Travel Services subindustry, Tuniu'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.


Tuniu Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

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


FRA:0TU
70GF Score
Tuniu Corp FRA:0TU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tuniu Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tuniu's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.34/25.16
=0.17

* 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.

Tuniu's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tuniu's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.822/116.3033*116.3033
=11.822

Current CPI (Mar. 2026) = 116.3033.

Tuniu Quarterly Data

Book Value per Share CPI Adj_Book
201606 76.273 101.400 87.483
201609 51.586 102.400 58.590
201612 48.726 102.600 55.234
201703 44.684 103.200 50.358
201706 39.387 103.100 44.431
201709 37.171 104.100 41.528
201712 35.541 104.500 39.555
201803 34.521 105.300 38.128
201806 34.134 104.900 37.845
201809 34.556 106.600 37.701
201812 34.686 106.500 37.879
201903 34.372 107.700 37.118
201906 31.925 107.700 34.475
201909 31.829 109.800 33.714
201912 28.201 111.200 29.495
202003 26.147 112.300 27.079
202006 23.961 110.400 25.242
202009 23.121 111.700 24.074
202012 14.094 111.500 14.701
202103 14.108 112.662 14.564
202106 13.973 111.769 14.540
202109 13.902 112.215 14.408
202112 14.257 113.108 14.660
202203 14.226 114.335 14.471
202206 12.828 114.558 13.023
202209 13.013 115.339 13.122
202212 12.120 115.116 12.245
202303 12.016 115.116 12.140
202306 11.664 114.558 11.842
202309 12.068 115.339 12.169
202312 10.690 114.781 10.832
202403 11.360 115.227 11.466
202406 11.663 114.781 11.818
202409 11.982 115.785 12.036
202412 12.109 114.893 12.258
202503 11.372 115.116 11.489
202506 10.804 114.907 10.935
202509 11.445 115.471 11.527
202512 11.439 115.832 11.486
202603 11.822 116.303 11.822

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

What does a Cyclically Adjusted PB Ratio of 0.17 mean?
Tuniu (FRA:0TU) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tuniu and its competitors. This is 32% below median its historical median of 0.25. Over the past decade, Tuniu's Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.65. According to the industry distribution chart, Tuniu ranks #47 out of 639 companies in the Travel & Leisure industry, placing it in the top 7.4%.
Is Tuniu's Cyclically Adjusted PB Ratio too high?
Tuniu's current Cyclically Adjusted PB Ratio of 0.17 is 32% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.65. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Tuniu's value of 0.17 is 86% below this industry median. Based on the distribution chart, Tuniu ranks #47 out of 639 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tuniu has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tuniu's Cyclically Adjusted PB Ratio compare to YTRA and AHMA?
According to the Travel & Leisure industry distribution chart, Tuniu ranks #47 out of 639 companies for Cyclically Adjusted PB Ratio. This places Tuniu in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Tuniu's value of 0.17 is 86% below this benchmark. Historically, Tuniu's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 0.65 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 1.21, Tuniu 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 Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tuniu's current Cyclically Adjusted PB Ratio of 0.17 is 86% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tuniu and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuniu's current Cyclically Adjusted PB Ratio is 0.17, which is 32% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuniu stock overvalued right now?
Based on GuruFocus' analysis, Tuniu (FRA:0TU) is currently considered Possible Value Trap. The stock's GF Value™ is €80.78, compared to a current price of €4.34 — trading 94.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is 32% below median its 10-year median of 0.25 and 86% below the Travel & Leisure industry median of 1.21. Tuniu's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Tuniu (FRA:0TU), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 16, 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 Tuniu (FRA:0TU) Overvalued in 2026?

Based on GuruFocus' analysis, Tuniu stock appears to be undervalued. The current stock price of €4.34 is trading 94.6% below its estimated GF Value™ of €80.78. GuruFocus considers Tuniu to be Possible Value Trap.

Key valuation signals for FRA:0TU:

  • Cyclically Adjusted PB Ratio: 0.17 (32% below median its 10-year median of 0.25)
  • GF Value™: €80.78 vs. price of €4.34 (94.6% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 86% below the Travel & Leisure median (#47 of 639)

No single metric tells the full story. See the FRA:0TU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tuniu Business Description

Other Exchanges TOUR:USA
Address No. 108 Xuanwudadao, Building 6-A, 6, 8-12th floor, Juhuiyuan, Jiangsu Province, Xuanwu District, Nanjing, CHN, 210023
Tuniu Corp is an online leisure travel company. The company is engaged in the provision of travel-related services in the People's Republic of China. The company offers a large selection of packaged tours, including organized tours and self-guided tours, and travel-related services for leisure travellers. The company's organized tours provide pre-arranged itineraries, transportation, accommodations, entertainment, meals, and tour guide services. Its self-guided tours consist of combinations of flights and hotel bookings and other optional add-ons. The company derives almost all of its revenue from PRC.
70GF Score

Get the complete analysis for FRA:0TU

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.34
Price
€80.78
GF Value