India Tourism Development (NSE:ITDC) Cyclically Adjusted PS Ratio: (As of Aug. 13, 2026)

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NSE:ITDC India Tourism Development Corp Ltd NSE:ITDC
81 GF Score
Price ₹721.05
GF Value ₹576.29
Valuation Modestly Overvalued
! 5 Warning Signs
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What is India Tourism Development Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


India Tourism Development  (NSE:ITDC) 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.


India Tourism Development Cyclically Adjusted PS Ratio Related Terms


India Tourism Development Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for India Tourism Development'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.

India Tourism Development Cyclically Adjusted PS Ratio Chart

India Tourism Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 6.75

India Tourism Development Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.74 10.89 10.80 6.75 0.00

NSE:ITDC vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, India Tourism Development'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.


India Tourism Development Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Cyclically Adjusted PS Ratio falls into.


NSE:ITDC
81GF Score
India Tourism Development Corp Ltd NSE:ITDC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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India Tourism Development 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.

India Tourism Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, India Tourism Development's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.316/166.1454*166.1454
=10.316

Current CPI (Jun. 2026) = 166.1454.

India Tourism Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 8.540 111.317 12.746
201809 9.857 115.142 14.223
201812 11.144 115.142 16.080
201903 11.732 118.202 16.491
201906 7.211 120.880 9.911
201909 9.713 123.175 13.101
201912 12.290 126.235 16.176
202003 10.444 124.705 13.915
202006 3.448 127.000 4.511
202009 3.215 130.118 4.105
202012 5.416 130.889 6.875
202103 8.586 131.771 10.826
202106 5.184 134.084 6.424
202109 8.116 135.847 9.926
202112 12.223 138.161 14.699
202203 10.455 138.822 12.513
202206 11.250 142.347 13.131
202209 10.815 144.661 12.421
202212 13.828 145.763 15.762
202303 19.537 146.865 22.102
202306 13.582 150.280 15.016
202309 15.098 151.492 16.558
202312 15.794 152.924 17.159
202403 14.079 153.035 15.285
202406 9.442 155.789 10.070
202409 16.884 157.882 17.768
202412 17.557 158.323 18.424
202503 23.311 157.552 24.583
202506 10.121 159.755 10.526
202509 13.739 162.289 14.065
202512 21.467 163.281 21.844
202603 16.557 164.272 16.746
202606 10.316 166.145 10.316

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.

Is India Tourism Development (NSE:ITDC) Overvalued in 2026?

Based on GuruFocus' analysis, India Tourism Development stock appears to be overvalued. The current stock price of ₹721.05 is trading 25.1% above its estimated GF Value™ of ₹576.29. GuruFocus considers India Tourism Development to be Modestly Overvalued.

Key valuation signals for NSE:ITDC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹576.29 vs. price of ₹721.05 (25.1% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the NSE:ITDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Tourism Development Business Description

Other Exchanges 532189:India
Address 7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.
81GF Score

Get the complete analysis for NSE:ITDC

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹721.05
Price
₹576.29
GF Value