Thule Group AB (CHIX:THULES) Cyclically Adjusted Revenue per Share: kr90.15 (As of Mar. 2026)

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CHIX:THULES Thule Group AB CHIX:THULES
72 GF Score
Price kr206.60
GF Value kr286.41
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Thule Group AB Cyclically Adjusted Revenue per Share?

Thule Group AB CHIX:THULES 72 Cyclically Adjusted Revenue per Share is kr90.15 as of Mar. 2026. GuruFocus rates CHIX:THULES with a GF Score™ of 72/100 and a GF Value™ of kr286.41 (Significantly Undervalued). The stock has 3 warning signs investors should review.

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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Thule Group AB's adjusted revenue per share for the three months ended in Mar. 2026 was kr23.868. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is kr90.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thule Group AB's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.40% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Thule Group AB was 4.40% per year. The lowest was 4.40% per year. And the median was 4.40% per year.

As of today (2026-07-18), Thule Group AB's current stock price is kr206.60. Thule Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr90.15. Thule Group AB's Cyclically Adjusted PS Ratio of today is 2.29.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Thule Group AB was 4.32. The lowest was 2.09. And the median was 3.23.


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

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=206.60/90.15
=2.29

* 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 PS Ratio of Thule Group AB was 4.32. The lowest was 2.09. And the median was 3.23.


Be Aware

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


Thule Group AB Cyclically Adjusted Revenue per Share Related Terms


Thule Group AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Thule Group AB's Cyclically Adjusted Revenue 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.

Thule Group AB Cyclically Adjusted Revenue per Share Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 79.33 82.52 87.97 88.87

Thule Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 93.55 90.26 90.25 88.87 90.15

CHIX:THULES vs AS, HAS, LTH: Cyclically Adjusted Revenue per Share Comparison

For the Leisure subindustry, Thule Group AB'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.


Thule Group AB Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


CHIX:THULES
72GF Score
Thule Group AB CHIX:THULES
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thule Group AB Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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 Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=23.868/133.5600*133.5600
=23.868

Current CPI (Mar. 2026) = 133.5600.

Thule Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.970 101.019 22.436
201609 12.710 101.138 16.785
201612 9.640 102.022 12.620
201703 15.020 102.022 19.663
201706 19.148 102.752 24.889
201709 13.476 103.279 17.427
201712 9.780 103.793 12.585
201803 15.732 103.962 20.211
201806 20.882 104.875 26.594
201809 15.032 105.679 18.998
201812 11.196 105.912 14.119
201903 17.760 105.886 22.402
201906 22.338 106.742 27.950
201909 16.298 107.214 20.303
201912 11.730 107.766 14.538
202003 16.899 106.563 21.180
202006 19.797 107.498 24.597
202009 23.329 107.635 28.948
202012 15.221 108.296 18.772
202103 24.264 108.360 29.907
202106 30.870 108.928 37.851
202109 26.270 110.338 31.799
202112 17.473 112.486 20.747
202203 28.728 114.825 33.415
202206 31.683 118.384 35.745
202209 20.449 122.296 22.332
202212 15.752 126.365 16.649
202303 21.208 127.042 22.296
202306 28.930 129.407 29.859
202309 21.864 130.224 22.424
202312 14.816 131.912 15.001
202403 22.895 132.205 23.130
202406 29.319 132.716 29.505
202409 22.176 132.304 22.386
202412 15.771 132.987 15.839
202503 24.694 132.825 24.831
202506 31.568 133.699 31.535
202509 23.451 133.480 23.465
202512 17.022 133.390 17.044
202603 23.868 133.560 23.868

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of kr90.15 mean?
Thule Group AB (CHIX:THULES) has a Cyclically Adjusted Revenue per Share of kr90.15 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's Cyclically Adjusted Revenue per Share too high?
Thule Group AB's current Cyclically Adjusted Revenue per Share is kr90.15. Overall, Thule Group AB has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Cyclically Adjusted Revenue per Share compare to AS and HAS?
Thule Group AB's Cyclically Adjusted Revenue per Share of kr90.15 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Thule Group AB and its competitors. Thule Group AB's current Cyclically Adjusted Revenue per Share is kr90.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Based on GuruFocus' analysis, Thule Group AB (CHIX:THULES) is currently considered Significantly Undervalued. The stock's GF Value™ is kr286.41, compared to a current price of kr206.60 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr90.15. Thule Group AB's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Thule Group AB (CHIX:THULES), the current Cyclically Adjusted Revenue per Share is kr90.15 as of Mar. 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 Thule Group AB (CHIX:THULES) Overvalued in 2026?

Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued. The current stock price of kr206.60 is trading 27.9% below its estimated GF Value™ of kr286.41. GuruFocus considers Thule Group AB to be Significantly Undervalued.

Key valuation signals for CHIX:THULES:

  • Cyclically Adjusted Revenue per Share: kr90.15
  • GF Value™: kr286.41 vs. price of kr206.60 (27.9% below fair value)
  • GF Score™: 72/100 with 3 warning signs

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


Thule Group AB Business Description

Address Dockgatan 1, Malmo, SWE, SE-211 12
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.
72GF Score

Get the complete analysis for CHIX:THULES

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

kr206.60
Price
kr286.41
GF Value