Tourism HoldingsASX:THL +1.26%74 Cyclically Adjusted PS Ratio is 0.71 as of Jul. 07, 2026, which is 13% above its 10-year median of 0.63. GuruFocus rates ASX:THL with a GF Score™ of 74/100 and a GF Value™ of A$1.84 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,043 Vehicles & Parts companies, Tourism Holdings ranks worse than 95877.18% on this metric.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tourism Holdings (ASX:THL) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.
Tourism Holdings Cyclically Adjusted PS Ratio Related Terms
Tourism Holdings Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Tourism Holdings's Cyclically Adjusted PS 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.
Tourism Holdings Cyclically Adjusted PS Ratio Chart
ASX:THL vs BC, PII, THO: Cyclically Adjusted PS Ratio Comparison
For the Recreational Vehicles subindustry, Tourism Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.
Tourism Holdings Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Tourism Holdings's Cyclically Adjusted PS Ratio falls into.
Tourism Holdings Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.
Tourism Holdings does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.
What does a Cyclically Adjusted PS Ratio of 0.71 mean?
Tourism Holdings (ASX:THL) has a Cyclically Adjusted PS Ratio of 0.71 as of Jul. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tourism Holdings and its competitors. This is 13% above median its historical median of 0.63. Over the past decade, Tourism Holdings' Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.17. According to the industry distribution chart, Tourism Holdings ranks #999999 out of 1043 companies in the Vehicles & Parts industry.
Is Tourism Holdings' Cyclically Adjusted PS Ratio too high?
Tourism Holdings' current Cyclically Adjusted PS Ratio of 0.71 is 13% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.17. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.75. Tourism Holdings' value of 0.71 is 5.3% below this industry median. Based on the distribution chart, Tourism Holdings ranks #999999 out of 1043 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tourism Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Cyclically Adjusted PS Ratio compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #999999 out of 1043 companies for Cyclically Adjusted PS Ratio. This places Tourism Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Tourism Holdings' value of 0.71 is 5.3% below this benchmark. Historically, Tourism Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.17 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.75, Tourism Holdings 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 PS Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.75, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourism Holdings's current Cyclically Adjusted PS Ratio of 0.71 is 5.3% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Tourism Holdings and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current Cyclically Adjusted PS Ratio is 0.71, which is 13% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.84, compared to a current price of A$2.41 — trading 31% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.71, which is 13% above median its 10-year median of 0.63 and 5.3% below the Vehicles & Parts industry median of 0.75. Tourism Holdings' overall GF Score™ is 74/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Tourism Holdings (ASX:THL), the current Cyclically Adjusted PS Ratio is 0.71 as of Jul. 07, 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 Tourism Holdings (ASX:THL) Overvalued in 2026?
Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued.
The current stock price of A$2.41 is trading 31% above its estimated GF Value™ of A$1.84.
GuruFocus considers Tourism Holdings to be Significantly Overvalued.
Key valuation signals for ASX:THL:
Cyclically Adjusted PS Ratio: 0.71 (13% above median its 10-year median of 0.63)
GF Value™: A$1.84 vs. price of A$2.41 (31% above fair value)
Industry Position: 5.3% below the Vehicles & Parts median (#999999 of 1043)
No single metric tells the full story. See the ASX:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
74GF Score
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