THLPF (Thule Group AB) ROE % Adjusted to Book Value: 4.52% (As of Mar. 2026)


THLPF Thule Group AB THLPF
78 GF Score
Price $26.82
GF Value $40.56
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Thule Group AB ROE % Adjusted to Book Value?

Thule Group AB THLPF 78 ROE % Adjusted to Book Value is 4.52% as of Mar. 2026. GuruFocus rates THLPF with a GF Score™ of 78/100 and a GF Value™ of $40.56 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Thule Group AB's ROE % for the quarter that ended in Mar. 2026 was 15.54%. Thule Group AB's PB Ratio for the quarter that ended in Mar. 2026 was 3.44. Thule Group AB's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 4.52%.


Thule Group AB ROE % Adjusted to Book Value Related Terms


Thule Group AB ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Thule Group AB's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 4.89 3.93 3.11 3.91

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
ROE % Adjusted to Book Value 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 3.01 6.01 4.38 0.29 4.52

THLPF vs AS, HAS, LTH: ROE % Adjusted to Book Value Comparison

For the Leisure subindustry, Thule Group AB's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Thule Group AB's ROE % Adjusted to Book Value falls into.


THLPF
78GF Score
Thule Group AB THLPF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Thule Group AB ROE % Adjusted to Book Value Calculation

Thule Group AB's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.83% / 4.05
=3.91%

Thule Group AB's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.54% / 3.44
=4.52%

* 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.

What does a ROE % Adjusted to Book Value of 4.52% mean?
Thule Group AB (THLPF) has a ROE % Adjusted to Book Value of 4.52% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's ROE % Adjusted to Book Value too high?
Thule Group AB's current ROE % Adjusted to Book Value is 4.52%. Overall, Thule Group AB has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's ROE % Adjusted to Book Value compare to AS and HAS?
Thule Group AB's ROE % Adjusted to Book Value of 4.52% 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 ROE % Adjusted to Book Value for a Travel & Leisure company?
A good ROE % Adjusted to Book Value depends on the Travel & Leisure industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Thule Group AB and its competitors. Thule Group AB's current ROE % Adjusted to Book Value is 4.52%. 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 (THLPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $40.56, compared to a current price of $26.82 — trading 33.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 4.52%. Thule Group AB's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Thule Group AB (THLPF), the current ROE % Adjusted to Book Value is 4.52% 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 (THLPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued. The current stock price of $26.82 is trading 33.9% below its estimated GF Value™ of $40.56. GuruFocus considers Thule Group AB to be Significantly Undervalued.

Key valuation signals for THLPF:

  • ROE % Adjusted to Book Value: 4.52%
  • GF Value™: $40.56 vs. price of $26.82 (33.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the THLPF 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.
78GF Score

Get the complete analysis for THLPF

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.82
Price
$40.56
GF Value