THLPF (Thule Group AB) Shiller PE Ratio: 17.08 (As of Jul. 25, 2026) — 37% Below Median

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THLPF Thule Group AB THLPF
80 GF Score
Price $26.82
GF Value $36.78
! 4 Warning Signs
View Full Analysis

What is Thule Group AB Shiller PE Ratio?

Thule Group AB THLPF 80 Shiller PE Ratio is 17.08 as of Jul. 25, 2026, which is 37% below its 10-year median of 26.97. GuruFocus rates THLPF with a GF Score™ of 80/100 and a GF Value™ of $36.78. The stock has 4 warning signs investors should review. Among 401 Travel & Leisure companies, Thule Group AB ranks better than 60.1% on this metric.

As of today (2026-07-25), Thule Group AB's current share price is $26.82. Thule Group AB's E10 for the quarter that ended in Jun. 2026 was $1.57. Thule Group AB's Shiller PE Ratio for today is 17.08.

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

THLPF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.93   Med: 26.97   Max: 36.14
Current: 17.86

During the past years, Thule Group AB's highest Shiller PE Ratio was 36.14. The lowest was 15.93. And the median was 26.97.

THLPF's Shiller PE Ratio is ranked better than
60.1% of 401 companies
in the Travel & Leisure industry
Industry Median: 22.48 vs THLPF: 17.86

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.

Thule Group AB's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.523. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thule Group AB  (OTCPK:THLPF) 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.


Thule Group AB Shiller PE Ratio Related Terms


Thule Group AB Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Thule Group AB'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.

Thule Group AB Shiller PE Ratio Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 25.10 27.33 29.95 20.18

Thule Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 23.32 19.37 20.18 17.01 17.03

THLPF vs AS, HAS, LTH: Shiller PE Ratio Comparison

For the Leisure subindustry, Thule Group AB'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.


Thule Group AB Shiller PE Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Thule Group AB's Shiller PE Ratio falls into.


THLPF
80GF Score
Thule Group AB THLPF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thule Group AB 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.

Thule Group AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.82/1.57
=17.08

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Thule Group AB's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.523/134.1100*134.1100
=0.523

Current CPI (Jun. 2026) = 134.1100.

Thule Group AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.186 101.138 0.247
201612 0.039 102.022 0.051
201703 0.223 102.022 0.293
201706 0.404 102.752 0.527
201709 0.225 103.279 0.292
201712 -0.049 103.793 -0.063
201803 0.261 103.962 0.337
201806 0.424 104.875 0.542
201809 0.204 105.679 0.259
201812 0.047 105.912 0.060
201903 0.264 105.886 0.334
201906 0.430 106.742 0.540
201909 0.180 107.214 0.225
201912 0.031 107.766 0.039
202003 0.237 106.563 0.298
202006 0.324 107.498 0.404
202009 0.486 107.635 0.606
202012 0.183 108.296 0.227
202103 0.496 108.360 0.614
202106 0.759 108.928 0.934
202109 0.566 110.338 0.688
202112 0.160 112.486 0.191
202203 0.522 114.825 0.610
202206 0.593 118.384 0.672
202209 0.120 122.296 0.132
202212 -0.015 126.365 -0.016
202303 0.250 127.042 0.264
202306 0.477 129.407 0.494
202309 0.223 130.224 0.230
202312 0.022 131.912 0.022
202403 0.272 132.205 0.276
202406 0.503 132.716 0.508
202409 0.278 132.304 0.282
202412 -0.032 132.987 -0.032
202503 0.243 132.825 0.245
202506 0.497 133.699 0.499
202509 0.310 133.480 0.311
202512 0.022 133.390 0.022
202603 0.291 133.560 0.292
202606 0.523 134.110 0.523

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 17.08 mean?
Thule Group AB (THLPF) has a Shiller PE Ratio of 17.08 as of Jul. 25, 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 Thule Group AB and its competitors. This is 37% below median its historical median of 26.97. Over the past decade, Thule Group AB's Shiller PE Ratio has ranged from 15.93 to 36.14. According to the industry distribution chart, Thule Group AB ranks #160 out of 401 companies in the Travel & Leisure industry, placing it in the top 39.9%.
Is Thule Group AB's Shiller PE Ratio too high?
Thule Group AB's current Shiller PE Ratio of 17.08 is 37% below median its 10-year median of 26.97. Over the past 10 years, this metric has ranged from a low of 15.93 to a high of 36.14. The Travel & Leisure industry median Shiller PE Ratio is 22.48. Thule Group AB's value of 17.08 is 24% below this industry median. Based on the distribution chart, Thule Group AB ranks #160 out of 401 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Thule Group AB has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Shiller PE Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #160 out of 401 companies for Shiller PE Ratio. This puts Thule Group AB in the upper half of its industry. The industry median Shiller PE Ratio is 22.48. Thule Group AB's value of 17.08 is 24% below this benchmark. Historically, Thule Group AB's own Shiller PE Ratio has ranged from 15.93 to 36.14 over the past decade. While the company's 10-year median is 26.97 vs. the industry median of 22.48, Thule Group AB 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 Travel & Leisure company?
The median Shiller PE Ratio among Travel & Leisure companies is 22.48, based on 401 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. Thule Group AB's current Shiller PE Ratio of 17.08 is 24% 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 Thule Group AB and its competitors. For the Travel & Leisure industry, the median Shiller PE Ratio is 22.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current Shiller PE Ratio is 17.08, which is 37% below median its own 10-year median of 26.97. 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?
Thule Group AB (THLPF) has a current Shiller PE Ratio of 17.08. The stock's GF Value™ is $36.78, compared to a current price of $26.82 — trading 27.1% below its estimated fair value. The current Shiller PE Ratio is 17.08, which is 37% below median its 10-year median of 26.97 and 24% below the Travel & Leisure industry median of 22.48. Thule Group AB's overall GF Score™ is 80/100 with 4 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 Thule Group AB (THLPF), the current Shiller PE Ratio is 17.08 as of Jul. 25, 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 27.1% below its estimated GF Value™ of $36.78.

Key valuation signals for THLPF:

  • Shiller PE Ratio: 17.08 (37% below median its 10-year median of 26.97)
  • GF Value™: $36.78 vs. price of $26.82 (27.1% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 24% below the Travel & Leisure median (#160 of 401)

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.
80GF Score

Get the complete analysis for THLPF

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

$26.82
Price
$36.78
GF Value