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Thor Industries (Thor Industries) PB Ratio

: 1.33 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), Thor Industries's share price is $97.90. Thor Industries's Book Value per Share for the quarter that ended in Jan. 2024 was $73.82. Hence, Thor Industries's PB Ratio of today is 1.33.

The historical rank and industry rank for Thor Industries's PB Ratio or its related term are showing as below:

THO' s PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.62   Max: 4.9
Current: 1.33

During the past 13 years, Thor Industries's highest PB Ratio was 4.90. The lowest was 0.94. And the median was 2.62.

THO's PB Ratio is ranked better than
53.71% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 1.43 vs THO: 1.33

During the past 12 months, Thor Industries's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 21.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Thor Industries was 32.00% per year. The lowest was -2.40% per year. And the median was 14.80% per year.

Back to Basics: PB Ratio


Thor Industries PB Ratio Historical Data

The historical data trend for Thor Industries's 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.

Thor Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.57 2.71 2.24 1.26 1.55

Thor Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.35 1.08 1.55 1.19 1.53

Competitive Comparison

For the Recreational Vehicles subindustry, Thor Industries's PB Ratio, along with its competitors' market caps and 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.


Thor Industries PB Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thor Industries's PB Ratio falls into.



Thor Industries PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Thor Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=97.90/73.82
=1.33

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Thor Industries  (NYSE:THO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Thor Industries PB Ratio Related Terms

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


Thor Industries (Thor Industries) Business Description

Traded in Other Exchanges
Address
601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.
Executives
W. Todd Woelfer officer: Sr. VP, Gen Counsel & Sec. PO BOX 3300, ELKHART IN 46515
Kenneth D Julian officer: VP of Admin. and HR 3080 WINDSOR CT., ELKHART IN 46514
Peter Busch Orthwein director, officer: Exec. Chairman of the Board ONE LAGAYETTE PLACE, GREENWICH CT 06830
James L Ziemer director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Amelia Huntington director C/O THOR INDUSTRIES, INC., 601 EAST BEARDSLEY AVE., ELKHART IN 46514-3305
Trevor Q. Gasper officer: VP, General Counsel and Sec. 601 EAST BEARDSLEY AVE., ELKHART IN 46514
Laurel Hurd director C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Christina Hennington director 1000 NICOLLET MALL, MINNEAPOLIS MN 55403
J Allen Kosowsky director C/O THOR INDUSTRIES, INC., 419 WEST PIKE STREET, JACKSON CENTER OH 45334-0629
Kelley William J. Jr director USG CORPORATION, 550 WEST ADAMS STREET, CHICAGO IL 60661
Josef Hjelmaker officer: Chief Innovation Officer C/O THOR INDUSTRIES, INC., 601 E. BEARDSLEY AVE., ELKHART IN 46514-3305
Christopher J Klein director 520 LAKE COOK ROAD, DEERFIELD IL 60015
Jan Suwinski director 9450 SEWARD RD, C/O OHIO CASUALTY GROUP, FAIRFIELD OH 45014
Robert W Martin director, officer: Chief Exec. Officer & Pres. C/O KEYSTONE RV COMPANY, 2642 HACKBERRY DRIVE, GOSHEN IN 46526
Troy James officer: SVP International Operations C/O THOR INDUSTRIES, INC., 601 EAST BEARDSLEY AVENUE, ELKHART IN 46514-3305