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Tata Steel (LSE:TTST) Cyclically Adjusted PS Ratio : 0.88 (As of May. 25, 2025)


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What is Tata Steel Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Tata Steel's current share price is $19.00. Tata Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $21.53. Tata Steel's Cyclically Adjusted PS Ratio for today is 0.88.

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

LSE:TTST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.63   Max: 0.98
Current: 0.88

During the past years, Tata Steel's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.15. And the median was 0.63.

LSE:TTST's Cyclically Adjusted PS Ratio is ranked worse than
71.37% of 482 companies
in the Steel industry
Industry Median: 0.425 vs LSE:TTST: 0.88

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 Steel's adjusted revenue per share data for the three months ended in Mar. 2025 was $5.139. 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 $21.53 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tata Steel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tata Steel'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.

Tata Steel Cyclically Adjusted PS Ratio Chart

Tata Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.73 0.56 0.84 0.83

Tata Steel Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.84 0.92 0.89 0.73 0.83

Competitive Comparison of Tata Steel's Cyclically Adjusted PS Ratio

For the Steel subindustry, Tata Steel'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 Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tata Steel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Tata Steel 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.

Tata Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.00/21.53
=0.88

* 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.

Tata Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tata Steel's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.139/157.5517*157.5517
=5.139

Current CPI (Mar. 2025) = 157.5517.

Tata Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.665 99.841 7.362
201509 4.037 101.753 6.251
201512 3.914 102.901 5.993
201603 4.098 102.518 6.298
201606 3.812 105.961 5.668
201609 6.238 105.961 9.275
201612 3.907 105.196 5.852
201703 5.389 105.196 8.071
201706 4.227 107.109 6.218
201709 4.676 109.021 6.757
201712 4.830 109.404 6.956
201803 4.553 109.786 6.534
201806 4.422 111.317 6.259
201809 4.814 115.142 6.587
201812 6.005 115.142 8.217
201903 3.831 118.202 5.106
201906 4.181 120.880 5.449
201909 4.090 123.175 5.231
201912 4.465 126.235 5.573
202003 5.825 124.705 7.359
202006 2.916 127.000 3.617
202009 4.397 130.118 5.324
202012 4.855 130.889 5.844
202103 5.651 131.771 6.757
202106 6.011 134.084 7.063
202109 6.770 135.847 7.852
202112 6.633 138.161 7.564
202203 7.086 138.822 8.042
202206 6.621 142.347 7.328
202209 6.072 144.661 6.613
202212 5.632 145.763 6.088
202303 6.184 146.865 6.634
202306 5.887 150.280 6.172
202309 5.428 151.492 5.645
202312 5.378 152.924 5.541
202403 5.697 153.035 5.865
202406 5.231 155.789 5.290
202409 5.132 157.882 5.121
202412 4.987 158.323 4.963
202503 5.139 157.552 5.139

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.


Tata Steel  (LSE:TTST) 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.


Tata Steel Cyclically Adjusted PS Ratio Related Terms

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


Tata Steel Business Description

Industry
Address
24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400 001
Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strips. Its segments include Tata Steel India, Neelachal Ispat Nigam Limited, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and Rest of the world. It generates the majority of its revenue from the Tata Steel India segment.

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