Golden Tobacco (BOM:500151) Cyclically Adjusted PS Ratio: (As of Aug. 12, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500151 Golden Tobacco Ltd BOM:500151
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What is Golden Tobacco Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Tobacco  (BOM:500151) 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.


Golden Tobacco Cyclically Adjusted PS Ratio Related Terms


Golden Tobacco Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Golden Tobacco'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.

Golden Tobacco Cyclically Adjusted PS Ratio Chart

Golden Tobacco Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PS Ratio
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Golden Tobacco Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.00 0.00 0.00 0.00 0.00

BOM:500151 vs PM, MO, VGR: Cyclically Adjusted PS Ratio Comparison

For the Tobacco subindustry, Golden Tobacco'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.


Golden Tobacco Cyclically Adjusted PS Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Golden Tobacco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BOM:500151
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Golden Tobacco Ltd BOM:500151
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Tobacco 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.

Golden Tobacco's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar21 is calculated as:

For example, Golden Tobacco's adjusted Revenue per Share data for the fiscal year that ended in Mar21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar21 (Change)*Current CPI (Mar21)
=20.923/131.7705*131.7705
=20.923

Current CPI (Mar21) = 131.7705.

Golden Tobacco Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201203 40.559 76.889 69.509
201303 39.174 85.687 60.242
201403 39.963 91.425 57.599
201503 29.332 97.163 39.780
201603 25.129 102.518 32.299
201703 20.900 105.196 26.180
201803 45.194 109.786 54.244
201903 41.444 118.202 46.201
202003 11.024 124.705 11.649
202103 20.923 131.771 20.923

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.


Golden Tobacco Business Description

Address At Darjipura, Post Amaliyara, Vadodara, GJ, IND, 390 022
Golden Tobacco Ltd is an Indian based firm engaged in the business of Tobacco. The company is primarily involved in the manufacturing of cigarettes and cigars. Its operating segment includes Tobacco Products and Realty. The company generates maximum revenue from Realty segment. It sells cigarettes and cigars under various brands such as Panama, Chancellor, Golden's, and Steel.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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