GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TUI AG (XSWX:TUI1) » Definitions » Cyclically Adjusted PB Ratio

TUI AG (XSWX:TUI1) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


View and export this data going back to 2014. Start your Free Trial

What is TUI AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


TUI AG Cyclically Adjusted PB Ratio Historical Data

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

* Premium members only.

TUI AG Cyclically Adjusted PB Ratio Chart

TUI AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 0.56 1.26 0.57 0.57

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 PB 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 0.68 0.67 0.57 0.83 0.95

Competitive Comparison of TUI AG's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

TUI AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=2.195/125.0381*125.0381
=2.195

Current CPI (Mar. 2024) = 125.0381.

TUI AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 39.682 99.543 49.846
201409 54.308 99.823 68.026
201412 16.081 99.543 20.200
201503 12.542 99.717 15.727
201506 12.216 100.417 15.211
201509 18.963 100.417 23.613
201512 15.551 99.717 19.500
201603 12.021 100.017 15.028
201606 15.598 100.717 19.365
201609 26.511 101.017 32.815
201612 27.493 101.217 33.963
201703 21.471 101.417 26.472
201706 18.320 102.117 22.432
201709 30.044 102.717 36.573
201712 30.516 102.617 37.183
201803 24.736 102.917 30.053
201806 29.927 104.017 35.975
201809 37.269 104.718 44.501
201812 32.506 104.217 39.000
201903 26.486 104.217 31.777
201906 25.893 105.718 30.625
201909 34.077 106.018 40.191
201912 31.251 105.818 36.927
202003 19.849 105.718 23.477
202006 4.520 106.618 5.301
202009 -4.359 105.818 -5.151
202012 -11.619 105.518 -13.768
202103 -3.962 107.518 -4.608
202106 -9.929 108.486 -11.444
202109 -9.105 109.435 -10.403
202112 -1.993 110.384 -2.258
202203 -2.738 113.968 -3.004
202206 -5.344 115.760 -5.772
202209 -0.764 118.818 -0.804
202212 -3.810 119.345 -3.992
202303 -9.786 122.402 -9.997
202306 -0.388 123.140 -0.394
202309 6.039 124.195 6.080
202312 3.250 123.773 3.283
202403 2.195 125.038 2.195

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


TUI AG  (XSWX:TUI1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


TUI AG Cyclically Adjusted PB Ratio Related Terms

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


TUI AG (XSWX:TUI1) Business Description

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 (XSWX:TUI1) Headlines

No Headlines