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Taj GVK Hotels & Resorts (BOM:532390) Cyclically Adjusted PS Ratio : (As of May. 28, 2024)


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What is Taj GVK Hotels & Resorts Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Taj GVK Hotels & Resorts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taj GVK Hotels & Resorts'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.

Taj GVK Hotels & Resorts Cyclically Adjusted PS Ratio Chart

Taj GVK Hotels & Resorts 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 1.85 2.02 2.84 3.36 -

Taj GVK Hotels & Resorts 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 3.36 4.13 4.11 3.95 -

Competitive Comparison of Taj GVK Hotels & Resorts's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Taj GVK Hotels & Resorts'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.


Taj GVK Hotels & Resorts's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Taj GVK Hotels & Resorts's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taj GVK Hotels & Resorts's Cyclically Adjusted PS Ratio falls into.



Taj GVK Hotels & Resorts 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.

Taj GVK Hotels & Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Taj GVK Hotels & Resorts'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)
=18.435/153.0345*153.0345
=18.435

Current CPI (Mar. 2024) = 153.0345.

Taj GVK Hotels & Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.643 94.103 14.056
201409 9.678 96.780 15.303
201412 10.948 96.780 17.312
201503 9.517 97.163 14.990
201506 12.420 99.841 19.037
201509 9.834 101.753 14.790
201512 11.608 102.901 17.263
201603 11.971 102.518 17.870
201606 8.334 105.961 12.036
201609 19.440 105.961 28.076
201612 11.469 105.196 16.685
201703 11.086 105.196 16.127
201706 8.491 107.109 12.132
201709 9.953 109.021 13.971
201712 13.190 109.404 18.450
201803 13.128 109.786 18.300
201806 11.486 111.317 15.791
201809 11.356 115.142 15.093
201812 13.700 115.142 18.209
201903 13.587 118.202 17.591
201906 11.512 120.880 14.574
201909 12.036 123.175 14.954
201912 14.539 126.235 17.626
202003 11.764 124.705 14.436
202006 0.519 127.000 0.625
202009 1.671 130.118 1.965
202012 5.913 130.889 6.913
202103 6.860 131.771 7.967
202106 3.967 134.084 4.528
202109 8.923 135.847 10.052
202112 13.094 138.161 14.504
202203 9.078 138.822 10.007
202206 13.653 142.347 14.678
202209 14.214 144.661 15.037
202212 16.828 145.763 17.668
202303 16.285 146.865 16.969
202306 14.636 150.280 14.904
202309 14.235 151.492 14.380
202312 17.733 152.924 17.746
202403 18.435 153.035 18.435

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.


Taj GVK Hotels & Resorts  (BOM:532390) 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.


Taj GVK Hotels & Resorts Cyclically Adjusted PS Ratio Related Terms

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Taj GVK Hotels & Resorts (BOM:532390) Business Description

Traded in Other Exchanges
Address
Taj Krishna, Road No. 1, Banjara Hills, Hyderabad, TG, IND, 500 034
Taj GVK Hotels & Resorts Ltd is an Indian-based company, which is engaged in the business of owning, operating and managing hotels, palaces, and resorts with the brand name TAJ. The business activities of the group include operations of rooms, restaurants, bars, and banquets. It operates a range of hotels under the Taj brand which are Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj, Taj Chandigarh, Taj Club House, and Taj Santacruz.

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