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Bata India (NSE:BATAINDIA) Cyclically Adjusted PS Ratio : 5.48 (As of Jun. 09, 2024)


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What is Bata India Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Bata India's current share price is ₹1465.90. Bata India's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹267.26. Bata India's Cyclically Adjusted PS Ratio for today is 5.48.

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

NSE:BATAINDIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.89   Med: 6.14   Max: 8.3
Current: 5.49

During the past 13 years, Bata India's highest Cyclically Adjusted PS Ratio was 8.30. The lowest was 4.89. And the median was 6.14.

NSE:BATAINDIA's Cyclically Adjusted PS Ratio is ranked worse than
93.32% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs NSE:BATAINDIA: 5.49

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.

Bata India's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹270.591. 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 ₹267.26 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bata India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bata India'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.

Bata India Cyclically Adjusted PS Ratio Chart

Bata India 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 5.49 6.06 8.15 5.54 5.10

Bata India 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 5.54 - - - 5.10

Competitive Comparison of Bata India's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Bata India'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.


Bata India's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bata India 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1465.90/267.26
=5.48

* 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.

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

For example, Bata India'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)
=270.591/153.0345*153.0345
=270.591

Current CPI (Mar24) = 153.0345.

Bata India Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 209.456 97.163 329.900
201603 188.411 102.518 281.251
201703 192.385 105.196 279.873
201803 204.839 109.786 285.531
201903 227.893 118.202 295.050
202003 237.636 124.705 291.620
202103 132.874 131.771 154.316
202203 185.705 138.822 204.718
202303 268.536 146.865 279.817
202403 270.591 153.035 270.591

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.


Bata India  (NSE:BATAINDIA) 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.


Bata India Cyclically Adjusted PS Ratio Related Terms

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


Bata India (NSE:BATAINDIA) Business Description

Traded in Other Exchanges
Address
418/02, M.G. Road, Sector - 17, Bata House, Opposite MDI, Gurgaon, HR, IND, 122001
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable Segment for the Company which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its thousands of Bata, Hush Puppies, and Footin retail stores and through its e-commerce channel. Bata generates nearly all its sales in India, mostly from footwear.

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