Tourism Holdings (ASX:THL) Shiller PE Ratio: 15.60 (As of Sep. 04, 2026) — 42% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:THL Tourism Holdings Ltd ASX:THL
76 GF Score
Price A$2.34
GF Value A$1.71
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Tourism Holdings Shiller PE Ratio?

Tourism Holdings ASX:THL +1.74% 76 Shiller PE Ratio is 15.60 as of Sep. 04, 2026, which is 42% above its 10-year median of 11.00. GuruFocus rates ASX:THL with a GF Score™ of 76/100 and a GF Value™ of A$1.71 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 850 Vehicles & Parts companies, Tourism Holdings ranks better than 62% on this metric.

As of today (2026-09-04), Tourism Holdings's current share price is A$2.34. Tourism Holdings's E10 for the fiscal year that ended in Jun26 was A$0.15. Tourism Holdings's Shiller PE Ratio for today is 15.60.

The historical rank and industry rank for Tourism Holdings's Shiller PE Ratio or its related term are showing as below:

ASX:THL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.54   Med: 11   Max: 17.59
Current: 14.1

During the past 13 years, Tourism Holdings's highest Shiller PE Ratio was 17.59. The lowest was 5.54. And the median was 11.00.

ASX:THL's Shiller PE Ratio is ranked better than
62% of 850 companies
in the Vehicles & Parts industry
Industry Median: 19.475 vs ASX:THL: 14.10

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.

Tourism Holdings's adjusted earnings per share data of for the fiscal year that ended in Jun26 was A$0.143. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.15 for the trailing ten years ended in Jun26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tourism Holdings  (ASX:THL) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Tourism Holdings Shiller PE Ratio Related Terms


Tourism Holdings Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Tourism Holdings's Shiller PE 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 Shiller PE Ratio Chart

Tourism Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.93 18.25 7.96 11.43 15.14

Tourism Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Shiller PE 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 7.96 0.00 11.43 0.00 15.14

ASX:THL vs BC, THO, PII: Shiller PE Ratio Comparison

For the Recreational Vehicles subindustry, Tourism Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tourism Holdings's Shiller PE Ratio falls into.


ASX:THL
76GF Score
Tourism Holdings Ltd ASX:THL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tourism Holdings Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Tourism Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.34/0.15
=15.60

* 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's E10 for the fiscal year that ended in Jun26 is calculated as:

For example, Tourism Holdings's adjusted earnings per share data for the fiscal year that ended in Jun26 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun26 (Change)*Current CPI (Jun26)
=0.143/136.8867*136.8867
=0.143

Current CPI (Jun26) = 136.8867.

Tourism Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201706 0.233 102.231 0.312
201806 0.455 103.764 0.600
201906 0.219 105.502 0.284
202006 0.174 107.035 0.223
202106 -0.086 110.614 -0.106
202206 -0.009 118.690 -0.010
202306 0.239 125.846 0.260
202406 0.167 130.037 0.176
202506 -0.109 133.513 -0.112
202606 0.143 136.887 0.143

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 15.60 mean?
Tourism Holdings (ASX:THL) has a Shiller PE Ratio of 15.60 as of Sep. 04, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Tourism Holdings and its competitors. This is 42% above median its historical median of 11.00. Over the past decade, Tourism Holdings' Shiller PE Ratio has ranged from 5.54 to 17.59. According to the industry distribution chart, Tourism Holdings ranks #323 out of 850 companies in the Vehicles & Parts industry, placing it in the top 38%.
Is Tourism Holdings' Shiller PE Ratio too high?
Tourism Holdings' current Shiller PE Ratio of 15.60 is 42% above median its 10-year median of 11.00. Over the past 10 years, this metric has ranged from a low of 5.54 to a high of 17.59. The Vehicles & Parts industry median Shiller PE Ratio is 19.48. Tourism Holdings' value of 15.60 is 19.9% below this industry median. Based on the distribution chart, Tourism Holdings ranks #323 out of 850 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tourism Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Shiller PE Ratio compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #323 out of 850 companies for Shiller PE Ratio. This puts Tourism Holdings in the upper half of its industry. The industry median Shiller PE Ratio is 19.48. Tourism Holdings' value of 15.60 is 19.9% below this benchmark. Historically, Tourism Holdings' own Shiller PE Ratio has ranged from 5.54 to 17.59 over the past decade. While the company's 10-year median is 11.00 vs. the industry median of 19.48, 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 Shiller PE Ratio for a Vehicles & Parts company?
The median Shiller PE Ratio among Vehicles & Parts companies is 19.48, based on 850 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourism Holdings's current Shiller PE Ratio of 15.60 is 19.9% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Tourism Holdings and its competitors. For the Vehicles & Parts industry, the median Shiller PE Ratio is 19.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current Shiller PE Ratio is 15.60, which is 42% above median its own 10-year median of 11.00. 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$1.71, compared to a current price of A$2.34 — trading 36.8% above its estimated fair value. The current Shiller PE Ratio is 15.60, which is 42% above median its 10-year median of 11.00 and 19.9% below the Vehicles & Parts industry median of 19.48. Tourism Holdings' overall GF Score™ is 76/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Tourism Holdings (ASX:THL), the current Shiller PE Ratio is 15.60 as of Sep. 04, 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$2.34 is trading 36.8% above its estimated GF Value™ of A$1.71. GuruFocus considers Tourism Holdings to be Significantly Overvalued.

Key valuation signals for ASX:THL:

  • Shiller PE Ratio: 15.60 (42% above median its 10-year median of 11.00)
  • GF Value™: A$1.71 vs. price of A$2.34 (36.8% above fair value)
  • GF Score™: 76/100 with 12 warning signs
  • Industry Position: 19.9% below the Vehicles & Parts median (#323 of 850)

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 Business Description

Other Exchanges THL:New ZealandUCH:Germany
Address 470 Oruarangi Road, Mangere, Auckland, NTL, NZL, 2022
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.
76GF Score

Get the complete analysis for ASX:THL

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

A$2.34
Price
A$1.71
GF Value