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Tata Motors (BUE:TTM) Cyclically Adjusted Revenue per Share : ARS7,325.99 (As of Mar. 2024)


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What is Tata Motors Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Tata Motors's adjusted revenue per share for the three months ended in Mar. 2024 was ARS15,784.181. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS7,325.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tata Motors's average Cyclically Adjusted Revenue 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-09), Tata Motors's current stock price is ARS8651.00. Tata Motors's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS7,325.99. Tata Motors's Cyclically Adjusted PS Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tata Motors was 1.28. The lowest was 0.53. And the median was 0.77.


Tata Motors Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tata Motors's Cyclically Adjusted Revenue 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.

Tata Motors Cyclically Adjusted Revenue per Share Chart

Tata Motors Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15,195.20 7,325.99

Tata Motors Quarterly Data
Dec13 Mar14 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue 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 15,195.20 11,335.40 10,709.20 9,007.82 7,325.99

Competitive Comparison of Tata Motors's Cyclically Adjusted Revenue per Share

For the Auto Manufacturers subindustry, Tata Motors's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Tata Motors's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tata Motors's Cyclically Adjusted PS Ratio falls into.



Tata Motors Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

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

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15784.181/153.0345*153.0345
=15,784.181

Current CPI (Mar. 2024) = 153.0345.

Tata Motors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200512 10.357 45.604 34.755
200603 8.226 45.521 27.654
200606 13.408 47.051 43.610
200609 13.382 47.816 42.829
200612 13.736 48.581 43.269
200703 13.040 48.581 41.077
200706 16.977 49.729 52.244
200709 17.393 50.877 52.317
200712 17.760 51.259 53.023
200803 16.060 52.407 46.897
200903 0.000 56.615 0.000
200912 35.568 64.648 84.197
201003 52.928 65.030 124.554
201006 36.550 66.560 84.035
201009 39.622 68.473 88.554
201012 41.905 70.768 90.619
201103 50.442 70.768 109.080
201112 55.316 75.359 112.333
201203 69.840 76.889 139.005
201303 0.000 85.687 0.000
201312 0.000 91.425 0.000
201403 132.365 91.425 221.563
201412 0.000 96.780 0.000
201503 152.366 97.163 239.981
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201903 0.000 118.202 0.000
202003 0.000 124.705 0.000
202103 0.000 131.771 0.000
202109 1,047.968 135.847 1,180.558
202203 0.000 138.822 0.000
202206 1,432.618 142.347 1,540.176
202209 1,784.811 144.661 1,888.121
202212 2,355.942 145.763 2,473.473
202303 3,292.314 146.865 3,430.627
202306 3,858.337 150.280 3,929.054
202309 5,727.802 151.492 5,786.123
202312 6,234.993 152.924 6,239.486
202403 15,784.181 153.035 15,784.181

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Tata Motors  (BUE:TTM) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Tata Motors's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8651.00/7325.99
=1.18

* 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 PS Ratio of Tata Motors was 1.28. The lowest was 0.53. And the median was 0.77.


Be Aware

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


Tata Motors Cyclically Adjusted Revenue per Share Related Terms

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


Tata Motors (BUE:TTM) Business Description

Industry
Address
24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001
Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.

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