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T T (BOM:514142) Cyclically Adjusted PS Ratio : 0.35 (As of Jun. 09, 2024)


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What is T T Cyclically Adjusted PS Ratio?

As of today (2024-06-09), T T's current share price is ₹104.00. T T's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹295.08. T T's Cyclically Adjusted PS Ratio for today is 0.35.

The historical rank and industry rank for T T's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:514142' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.24   Max: 0.38
Current: 0.35

During the past years, T T's highest Cyclically Adjusted PS Ratio was 0.38. The lowest was 0.09. And the median was 0.24.

BOM:514142's Cyclically Adjusted PS Ratio is ranked better than
69.35% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs BOM:514142: 0.35

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.

T T's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹23.985. 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 ₹295.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


T T Cyclically Adjusted PS Ratio Historical Data

The historical data trend for T T'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.

T T Cyclically Adjusted PS Ratio Chart

T T 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 - 0.13 0.30 0.21 0.35

T T 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 0.21 0.23 0.30 0.32 0.35

Competitive Comparison of T T's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, T T'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.


T T's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, T T's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T T's Cyclically Adjusted PS Ratio falls into.



T T 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.

T T's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.00/295.08
=0.35

* 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.

T T's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, T T'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)
=23.985/153.0345*153.0345
=23.985

Current CPI (Mar. 2024) = 153.0345.

T T Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 71.524 94.103 116.316
201409 74.341 96.780 117.552
201412 81.924 96.780 129.543
201503 87.662 97.163 138.070
201506 87.393 99.841 133.955
201509 93.018 101.753 139.897
201512 72.559 102.901 107.910
201603 73.347 102.518 109.489
201606 72.656 105.961 104.934
201609 64.963 105.961 93.823
201612 90.938 105.196 132.293
201703 85.535 105.196 124.433
201706 58.911 107.109 84.171
201709 55.976 109.021 78.574
201712 64.318 109.404 89.968
201803 58.294 109.786 81.258
201806 79.451 111.317 109.227
201809 56.644 115.142 75.285
201812 50.999 115.142 67.783
201903 48.448 118.202 62.725
201906 51.051 120.880 64.631
201909 39.231 123.175 48.741
201912 52.928 126.235 64.164
202003 53.602 124.705 65.779
202006 31.520 127.000 37.981
202009 46.099 130.118 54.218
202012 51.329 130.889 60.013
202103 52.216 131.771 60.642
202106 38.809 134.084 44.294
202109 54.673 135.847 61.590
202112 55.556 138.161 61.537
202203 29.879 138.822 32.938
202206 26.205 142.347 28.172
202209 18.871 144.661 19.963
202212 22.166 145.763 23.272
202303 26.976 146.865 28.109
202306 27.651 150.280 28.158
202309 21.047 151.492 21.261
202312 24.166 152.924 24.183
202403 23.985 153.035 23.985

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.


T T  (BOM:514142) 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.


T T Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of T T's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


T T (BOM:514142) Business Description

Traded in Other Exchanges
Address
879, Master Prithvi Nath Marg, Opposite Ajmal Khan Park, Karol Bagh, New Delhi, IND, 110005
T T Ltd is a textile company. Its products/services include yarn, agro commodities, fabric, garments, made-ups, and cotton. It sells cotton in domestic, as well as in the overseas market. Its agro commodities include poultry and cattle feed, which include soybean meal, cottonseed meal; oilseeds, such as groundnut kernels, hulled sesame seeds and natural white sesame seeds; spices, including cumin seeds, fennel seeds; grains, including yellow corn/maize, millet and sorghum, and castor oil and derivatives, such as commercial castor oil, refined castor oil and castor seed extraction meal. It offers men's innerwear, women's and kids innerwear, and casual wear.

T T (BOM:514142) Headlines

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