Transport of India (NSE:TCI) Cyclically Adjusted PS Ratio: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.

NSE:TCI Transport Corp of India Ltd NSE:TCI
86 GF Score
Price ₹930.50
GF Value ₹1,172.75
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Transport of India Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transport of India  (NSE:TCI) 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.


Transport of India Cyclically Adjusted PS Ratio Related Terms


Transport of India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Transport of India'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.

Transport of India Cyclically Adjusted PS Ratio Chart

Transport of India 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 2.20 1.72

Transport of India 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 2.21 2.26 2.04 1.72 0.00

NSE:TCI vs UPS, FDX, JBHT: Cyclically Adjusted PS Ratio Comparison

For the Integrated Freight & Logistics subindustry, Transport of India'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.


Transport of India Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Transport of India's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NSE:TCI
86GF Score
Transport Corp of India Ltd NSE:TCI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Transport of India 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.

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

For example, Transport of India'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)
=162.411/166.1454*166.1454
=162.411

Current CPI (Jun. 2026) = 166.1454.

Transport of India 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 81.313 111.317 121.364
201809 87.798 115.142 126.689
201812 92.525 115.142 133.510
201903 96.382 118.202 135.475
201906 85.739 120.880 117.845
201909 88.836 123.175 119.827
201912 91.090 126.235 119.889
202003 86.731 124.705 115.552
202006 52.704 127.000 68.949
202009 90.253 130.118 115.243
202012 104.745 130.889 132.959
202103 114.708 131.771 144.632
202106 89.857 134.084 111.343
202109 106.466 135.847 130.211
202112 107.969 138.161 129.838
202203 115.995 138.822 138.826
202206 116.145 142.347 135.562
202209 120.155 144.661 138.000
202212 124.419 145.763 141.817
202303 125.687 146.865 142.188
202306 122.101 150.280 134.991
202309 127.557 151.492 139.895
202312 128.593 152.924 139.711
202403 137.971 153.035 149.791
202406 134.025 155.789 142.935
202409 143.786 157.882 151.311
202412 147.906 158.323 155.214
202503 152.459 157.552 160.775
202506 148.377 159.755 154.312
202509 156.766 162.289 160.491
202512 162.551 163.281 165.403
202603 172.329 164.272 174.294
202606 162.411 166.145 162.411

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 Transport of India (NSE:TCI) Overvalued in 2026?

Based on GuruFocus' analysis, Transport of India stock appears to be undervalued. The current stock price of ₹930.50 is trading 20.7% below its estimated GF Value™ of ₹1,172.75. GuruFocus considers Transport of India to be Modestly Undervalued.

Key valuation signals for NSE:TCI:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₹1,172.75 vs. price of ₹930.50 (20.7% below fair value)
  • GF Score™: 86/100 with 1 warning sign

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


Transport of India Business Description

Other Exchanges 532349:India
Address TCI House, 69 Institutional Area, Sector-32, Gurugram, HR, IND, 122001
Transport Corp of India Ltd is an integrated logistics and supply chain solutions provider. The company's operating segment includes Freight, Supply Chain Solutions, Seaways, and Energy. It generates maximum revenue from the Freight Division segment. The Company derives revenues from the business of freight, logistics services (comprising of supply chain management, warehousing, and allied services), and the sale of power. Geographically, it operates only in India.
86GF Score

Get the complete analysis for NSE:TCI

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

₹930.50
Price
₹1,172.75
GF Value