GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » India Tourism Development Corp Ltd (BOM:532189) » Definitions » Cyclically Adjusted PS Ratio

India Tourism Development (BOM:532189) Cyclically Adjusted PS Ratio : 12.37 (As of May. 24, 2024)


View and export this data going back to 1998. Start your Free Trial

What is India Tourism Development Cyclically Adjusted PS Ratio?

As of today (2024-05-24), India Tourism Development's current share price is ₹703.10. India Tourism Development's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹56.83. India Tourism Development's Cyclically Adjusted PS Ratio for today is 12.37.

The historical rank and industry rank for India Tourism Development's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:532189' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.12   Med: 5.57   Max: 12.06
Current: 11.74

During the past 13 years, India Tourism Development's highest Cyclically Adjusted PS Ratio was 12.06. The lowest was 2.12. And the median was 5.57.

BOM:532189's Cyclically Adjusted PS Ratio is ranked worse than
94.69% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs BOM:532189: 11.74

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.

India Tourism Development's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹62.026. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₹56.83 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


India Tourism Development Cyclically Adjusted PS Ratio Historical Data

The historical data trend for India Tourism Development's Cyclically Adjusted PS 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.

India Tourism Development Cyclically Adjusted PS Ratio Chart

India Tourism Development Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 6.48 6.64 5.16 11.11

India Tourism Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 5.16 - - - 11.11

Competitive Comparison of India Tourism Development's Cyclically Adjusted PS Ratio

For the Lodging subindustry, India Tourism Development'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.


India Tourism Development's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Cyclically Adjusted PS Ratio falls into.



India Tourism Development Cyclically Adjusted PS Ratio Calculation

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

India Tourism Development's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=703.10/56.83
=12.37

* 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.

India Tourism Development's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, India Tourism Development's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=62.026/153.0345*153.0345
=62.026

Current CPI (Mar24) = 153.0345.

India Tourism Development Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 57.382 97.163 90.378
201603 53.318 102.518 79.591
201703 40.706 105.196 59.217
201803 40.314 109.786 56.195
201903 41.273 118.202 53.436
202003 40.441 124.705 49.628
202103 20.664 131.771 23.999
202203 34.316 138.822 37.829
202303 53.757 146.865 56.015
202403 62.026 153.035 62.026

Add all the adjusted revenue per share together and divide 10 will get our 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.


India Tourism Development  (BOM:532189) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


India Tourism Development Cyclically Adjusted PS Ratio Related Terms

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


India Tourism Development (BOM:532189) Business Description

Traded in Other Exchanges
Address
7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.

India Tourism Development (BOM:532189) Headlines

No Headlines