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TUI AG (MIL:1TUI1U) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 22, 2024)


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What is TUI AG Cyclically Adjusted PB Ratio?

As of today (2024-06-22), TUI AG's current share price is €6.968. TUI AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.00. TUI AG's Cyclically Adjusted PB Ratio for today is 0.87.

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

MIL:1TUI1U' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.19   Max: 2.96
Current: 0.84

During the past years, TUI AG's highest Cyclically Adjusted PB Ratio was 2.96. The lowest was 0.47. And the median was 1.19.

MIL:1TUI1U's Cyclically Adjusted PB Ratio is ranked better than
62.38% of 622 companies
in the Travel & Leisure industry
Industry Median: 1.31 vs MIL:1TUI1U: 0.84

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.

TUI AG's adjusted book value per share data for the three months ended in Mar. 2024 was €0.800. 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 €8.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TUI AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TUI AG'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.

* Premium members only.

TUI AG Cyclically Adjusted PB Ratio Chart

TUI AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 0.56 1.26 0.57 0.57

TUI AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.68 0.67 0.57 0.83 0.95

Competitive Comparison of TUI AG's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, TUI AG'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.


TUI AG's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

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



TUI AG 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.

TUI AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.968/8
=0.87

* 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.

TUI AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TUI AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.8/125.0381*125.0381
=0.800

Current CPI (Mar. 2024) = 125.0381.

TUI AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.267 99.543 21.690
201409 23.820 99.823 29.837
201412 7.082 99.543 8.896
201503 6.264 99.717 7.855
201506 6.185 100.417 7.702
201509 9.201 100.417 11.457
201512 7.598 99.717 9.527
201603 5.827 100.017 7.285
201606 7.584 100.717 9.415
201609 12.855 101.017 15.912
201612 13.541 101.217 16.728
201703 10.616 101.417 13.089
201706 8.920 102.117 10.922
201709 13.870 102.717 16.884
201712 13.836 102.617 16.859
201803 11.207 102.917 13.616
201806 13.705 104.017 16.475
201809 17.469 104.718 20.859
201812 15.256 104.217 18.304
201903 12.408 104.217 14.887
201906 12.283 105.718 14.528
201909 16.543 106.018 19.511
201912 15.160 105.818 17.914
202003 9.917 105.718 11.729
202006 2.235 106.618 2.621
202009 -2.142 105.818 -2.531
202012 -5.686 105.518 -6.738
202103 -1.893 107.518 -2.201
202106 -4.801 108.486 -5.534
202109 -4.436 109.435 -5.068
202112 -1.014 110.384 -1.149
202203 -1.416 113.968 -1.554
202206 -2.759 115.760 -2.980
202209 -0.420 118.818 -0.442
202212 -2.044 119.345 -2.142
202303 -5.221 122.402 -5.333
202306 -0.140 123.140 -0.142
202309 2.213 124.195 2.228
202312 1.213 123.773 1.225
202403 0.800 125.038 0.800

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.


TUI AG  (MIL:1TUI1U) 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.


TUI AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of TUI AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TUI AG (MIL:1TUI1U) Business Description

Address
Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625
TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.

TUI AG (MIL:1TUI1U) Headlines

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