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Tata Communications (BOM:500483) Cyclically Adjusted Revenue per Share : ₹811.34 (As of Mar. 2024)


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What is Tata Communications 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 Communications's adjusted revenue per share for the three months ended in Mar. 2024 was ₹199.478. 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 ₹811.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tata Communications's average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Tata Communications was 13.20% per year. The lowest was -0.10% per year. And the median was 2.70% per year.

As of today (2024-06-06), Tata Communications's current stock price is ₹1749.00. Tata Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹811.34. Tata Communications's Cyclically Adjusted PS Ratio of today is 2.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tata Communications was 2.54. The lowest was 0.16. And the median was 0.50.


Tata Communications Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tata Communications'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 Communications Cyclically Adjusted Revenue per Share Chart

Tata Communications 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 810.08 793.91 805.17 808.17 811.34

Tata Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 808.17 816.84 811.60 809.96 811.34

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

For the Telecom Services subindustry, Tata Communications'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 Communications's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tata Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tata Communications 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 Communications'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)
=199.478/153.0345*153.0345
=199.478

Current CPI (Mar. 2024) = 153.0345.

Tata Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 179.316 94.103 291.613
201409 177.854 96.780 281.233
201412 172.526 96.780 272.808
201503 168.696 97.163 265.701
201506 181.825 99.841 278.699
201509 158.525 101.753 238.418
201512 158.777 102.901 236.134
201603 162.063 102.518 241.920
201606 156.811 105.961 226.475
201609 157.976 105.961 228.157
201612 152.984 105.196 222.554
201703 150.588 105.196 219.069
201706 151.018 107.109 215.771
201709 148.997 109.021 209.149
201712 147.442 109.404 206.242
201803 140.501 109.786 195.848
201806 138.223 111.317 190.025
201809 147.935 115.142 196.620
201812 149.798 115.142 199.096
201903 148.455 118.202 192.202
201906 146.372 120.880 185.308
201909 149.796 123.175 186.109
201912 148.085 126.235 179.523
202003 154.570 124.705 189.684
202006 154.564 127.000 186.249
202009 154.418 130.118 181.614
202012 148.205 130.889 173.280
202103 142.966 131.771 166.037
202106 143.960 134.084 164.306
202109 146.500 135.847 165.035
202112 146.870 138.161 162.681
202203 149.608 138.822 164.925
202206 151.252 142.347 162.608
202209 155.491 144.661 164.491
202212 158.885 145.763 166.811
202303 160.209 146.865 166.940
202306 167.383 150.280 170.451
202309 170.911 151.492 172.651
202312 197.372 152.924 197.514
202403 199.478 153.035 199.478

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


Tata Communications  (BOM:500483) 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 Communications's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1749.00/811.34
=2.16

* 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 Communications was 2.54. The lowest was 0.16. And the median was 0.50.


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 Communications Cyclically Adjusted Revenue per Share Related Terms

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


Tata Communications (BOM:500483) Business Description

Traded in Other Exchanges
Address
Plot No. C21 & C36, ‘G’ Block, Bandra Kurla Complex, Mumbai, MH, IND, 400 098
Tata Communications Ltd is the primary provider of international and national voice and data transmission long-distance services, internet dial-up and broadband services and other value-added services. Since the deregulation of the Indian market, the company has diversified its businesses through acquisitions and entering new markets. Following the acquisition of Tyco's and Teleglobe's networks, Tata has become a major global voice and data carrier.

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