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TUI AG (TUI AG) Cyclically Adjusted Book per Share : $7.84 (As of Mar. 2024)


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What is TUI AG Cyclically Adjusted Book per Share?

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

TUI AG's adjusted book value per share for the three months ended in Mar. 2024 was $0.869. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $7.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TUI AG's average Cyclically Adjusted Book Growth Rate was -21.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.70% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of TUI AG was -8.70% per year. The lowest was -17.50% per year. And the median was -12.50% per year.

As of today (2024-06-10), TUI AG's current stock price is $6.55. TUI AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.84. TUI AG's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TUI AG was 2.96. The lowest was 0.47. And the median was 1.20.


TUI AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for TUI AG's Cyclically Adjusted Book 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.

* Premium members only.

TUI AG Cyclically Adjusted Book per Share Chart

TUI AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.95 46.33 29.14 16.80 10.55

TUI AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book 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 18.66 10.32 10.55 9.34 7.84

Competitive Comparison of TUI AG's Cyclically Adjusted Book per Share

For the Travel Services subindustry, TUI AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


TUI AG's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TUI AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TUI AG's Cyclically Adjusted PB Ratio falls into.



TUI AG Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

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

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, TUI AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.869/125.0381*125.0381
=0.869

Current CPI (Mar. 2024) = 125.0381.

TUI AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.461 99.543 29.470
201409 30.696 99.823 38.450
201412 8.732 99.543 10.968
201503 6.779 99.717 8.500
201506 6.941 100.417 8.643
201509 10.327 100.417 12.859
201512 8.277 99.717 10.379
201603 6.489 100.017 8.112
201606 8.521 100.717 10.579
201609 14.427 101.017 17.858
201612 14.284 101.217 17.646
201703 11.355 101.417 14.000
201706 10.022 102.117 12.272
201709 16.531 102.717 20.123
201712 16.374 102.617 19.952
201803 13.819 102.917 16.789
201806 16.010 104.017 19.245
201809 20.384 104.718 24.340
201812 17.356 104.217 20.823
201903 14.021 104.217 16.822
201906 13.880 105.718 16.417
201909 18.219 106.018 21.488
201912 16.844 105.818 19.904
202003 10.958 105.718 12.961
202006 2.516 106.618 2.951
202009 -2.523 105.818 -2.981
202012 -6.917 105.518 -8.197
202103 -2.254 107.518 -2.621
202106 -5.785 108.486 -6.668
202109 -5.219 109.435 -5.963
202112 -1.146 110.384 -1.298
202203 -1.560 113.968 -1.712
202206 -2.917 115.760 -3.151
202209 -0.416 118.818 -0.438
202212 -2.165 119.345 -2.268
202303 -5.590 122.402 -5.710
202306 -0.152 123.140 -0.154
202309 2.362 124.195 2.378
202312 1.322 123.773 1.336
202403 0.869 125.038 0.869

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


TUI AG  (OTCPK:TUIFF) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

TUI AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.55/7.84
=0.84

* 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 PB Ratio of TUI AG was 2.96. The lowest was 0.47. And the median was 1.20.


Be Aware

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


TUI AG Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of TUI AG's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


TUI AG (TUI AG) Business Description

Industry
Traded in Other Exchanges
Address
Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625
TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.

TUI AG (TUI AG) Headlines