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Tata Motors (Tata Motors) Cyclically Adjusted PS Ratio : (As of Jun. 17, 2024)


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What is Tata Motors Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tata Motors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tata Motors'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 Motors Cyclically Adjusted PS Ratio Chart

Tata Motors 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 - - - 0.57 1.18

Tata Motors Quarterly Data
Dec13 Mar14 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 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 0.57 0.76 0.81 0.96 1.18

Competitive Comparison of Tata Motors's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Tata Motors'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 Motors's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tata Motors 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 Motors's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tata Motors'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)
=18.75/153.0345*153.0345
=18.750

Current CPI (Mar. 2024) = 153.0345.

Tata Motors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200512 3.540 45.604 11.879
200603 3.159 45.521 10.620
200606 4.528 47.051 14.727
200609 4.493 47.816 14.380
200612 4.675 48.581 14.727
200703 4.461 48.581 14.052
200706 5.616 49.729 17.283
200709 5.650 50.877 16.995
200712 5.771 51.259 17.229
200803 5.609 52.407 16.379
200903 0.000 56.615 0.000
200912 10.789 64.648 25.540
201003 13.648 65.030 32.118
201006 10.102 66.560 23.226
201009 10.893 68.473 24.345
201012 12.197 70.768 26.376
201103 13.156 70.768 28.450
201112 13.492 75.359 27.399
201203 15.394 76.889 30.639
201303 0.000 85.687 0.000
201312 0.000 91.425 0.000
201403 16.710 91.425 27.971
201412 0.000 96.780 0.000
201503 17.269 97.163 27.199
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201903 0.000 118.202 0.000
202003 0.000 124.705 0.000
202103 0.000 131.771 0.000
202109 10.718 135.847 12.074
202203 0.000 138.822 0.000
202206 11.910 142.347 12.804
202209 12.829 144.661 13.572
202212 13.898 145.763 14.591
202303 16.669 146.865 17.369
202306 16.123 150.280 16.419
202309 16.417 151.492 16.584
202312 17.221 152.924 17.233
202403 18.750 153.035 18.750

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 Motors  (NYSE:TTM) 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 Motors Cyclically Adjusted PS Ratio Related Terms

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Tata Motors (Tata Motors) Business Description

Address
24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001
Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.