Thomas Cook India (NSE:THOMASCOOK) Cyclically Adjusted PS Ratio: 0.48 (As of Jul. 25, 2026) — 12% Above Median

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NSE:THOMASCOOK Thomas Cook India Ltd NSE:THOMASCOOK
64 GF Score
Price ₹97.85
GF Value ₹181.82
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Thomas Cook India Cyclically Adjusted PS Ratio?

Thomas Cook India NSE:THOMASCOOK -2.43% 64 Cyclically Adjusted PS Ratio is 0.48 as of Jul. 25, 2026, which is 12% above its 10-year median of 0.43. GuruFocus rates NSE:THOMASCOOK with a GF Score™ of 64/100 and a GF Value™ of ₹181.82 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 670 Travel & Leisure companies, Thomas Cook India ranks better than 75.82% on this metric.

As of today (2026-07-25), Thomas Cook India's current share price is ₹97.85. Thomas Cook India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₹203.12. Thomas Cook India's Cyclically Adjusted PS Ratio for today is 0.48.

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

NSE:THOMASCOOK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.43   Max: 1.28
Current: 0.51

During the past years, Thomas Cook India's highest Cyclically Adjusted PS Ratio was 1.28. The lowest was 0.14. And the median was 0.43.

NSE:THOMASCOOK's Cyclically Adjusted PS Ratio is ranked better than
75.82% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs NSE:THOMASCOOK: 0.51

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.

Thomas Cook India's adjusted revenue per share data for the three months ended in Mar. 2026 was ₹38.015. 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 ₹203.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thomas Cook India  (NSE:THOMASCOOK) 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.


Thomas Cook India Cyclically Adjusted PS Ratio Related Terms


Thomas Cook India Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thomas Cook 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.

Thomas Cook India Cyclically Adjusted PS Ratio Chart

Thomas Cook 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 0.41 0.31 0.85 0.66 0.44

Thomas Cook India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.66 0.81 0.77 0.72 0.44

NSE:THOMASCOOK vs BKNG, ABNB, RCL: Cyclically Adjusted PS Ratio Comparison

For the Travel Services subindustry, Thomas Cook 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.


Thomas Cook India Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


NSE:THOMASCOOK
64GF Score
Thomas Cook India Ltd NSE:THOMASCOOK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thomas Cook 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.

Thomas Cook India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=97.85/203.12
=0.48

* 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.

Thomas Cook India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Thomas Cook India's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=38.015/164.2724*164.2724
=38.015

Current CPI (Mar. 2026) = 164.2724.

Thomas Cook India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 76.273 105.961 118.247
201609 57.059 105.961 88.459
201612 54.226 105.196 84.678
201703 60.107 105.196 93.862
201706 77.516 107.109 118.886
201709 75.812 109.021 114.233
201712 81.846 109.404 122.894
201803 69.492 109.786 103.980
201806 56.126 111.317 82.826
201809 43.542 115.142 62.121
201812 42.321 115.142 60.379
201903 32.095 118.202 44.604
201906 62.260 120.880 84.610
201909 46.046 123.175 61.409
201912 47.956 126.235 62.406
202003 24.804 124.705 32.674
202006 2.293 127.000 2.966
202009 3.128 130.118 3.949
202012 6.375 130.889 8.001
202103 7.753 131.771 9.665
202106 8.838 134.084 10.828
202109 10.287 135.847 12.440
202112 1.125 138.161 1.338
202203 11.039 138.822 13.063
202206 29.934 142.347 34.545
202209 29.803 144.661 33.843
202212 2.374 145.763 2.675
202303 26.243 146.865 29.354
202306 40.637 150.280 44.421
202309 39.547 151.492 42.883
202312 40.670 152.924 43.688
202403 33.747 153.035 36.225
202406 45.313 155.789 47.781
202409 42.922 157.882 44.659
202412 44.064 158.323 45.720
202503 42.384 157.552 44.192
202506 51.802 159.755 53.267
202509 44.324 162.289 44.866
202512 46.310 163.281 46.591
202603 38.015 164.272 38.015

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.

What does a Cyclically Adjusted PS Ratio of 0.48 mean?
Thomas Cook India (NSE:THOMASCOOK) has a Cyclically Adjusted PS Ratio of 0.48 as of Jul. 25, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Thomas Cook India and its competitors. This is 12% above median its historical median of 0.43. Over the past decade, Thomas Cook India's Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.28. According to the industry distribution chart, Thomas Cook India ranks #162 out of 670 companies in the Travel & Leisure industry, placing it in the top 24.2%.
Is Thomas Cook India's Cyclically Adjusted PS Ratio too high?
Thomas Cook India's current Cyclically Adjusted PS Ratio of 0.48 is 12% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.28. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.28. Thomas Cook India's value of 0.48 is 62.5% below this industry median. Based on the distribution chart, Thomas Cook India ranks #162 out of 670 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Thomas Cook India has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thomas Cook India's Cyclically Adjusted PS Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Thomas Cook India ranks #162 out of 670 companies for Cyclically Adjusted PS Ratio. This places Thomas Cook India in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.28. Thomas Cook India's value of 0.48 is 62.5% below this benchmark. Historically, Thomas Cook India's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.28 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.28, Thomas Cook India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.28, based on 670 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thomas Cook India's current Cyclically Adjusted PS Ratio of 0.48 is 62.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Thomas Cook India and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomas Cook India's current Cyclically Adjusted PS Ratio is 0.48, which is 12% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomas Cook India stock overvalued right now?
Based on GuruFocus' analysis, Thomas Cook India (NSE:THOMASCOOK) is currently considered Possible Value Trap. The stock's GF Value™ is ₹181.82, compared to a current price of ₹97.85 — trading 46.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 12% above median its 10-year median of 0.43 and 62.5% below the Travel & Leisure industry median of 1.28. Thomas Cook India's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Thomas Cook India (NSE:THOMASCOOK), the current Cyclically Adjusted PS Ratio is 0.48 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thomas Cook India (NSE:THOMASCOOK) Overvalued in 2026?

Based on GuruFocus' analysis, Thomas Cook India stock appears to be undervalued. The current stock price of ₹97.85 is trading 46.2% below its estimated GF Value™ of ₹181.82. GuruFocus considers Thomas Cook India to be Possible Value Trap.

Key valuation signals for NSE:THOMASCOOK:

  • Cyclically Adjusted PS Ratio: 0.48 (12% above median its 10-year median of 0.43)
  • GF Value™: ₹181.82 vs. price of ₹97.85 (46.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 62.5% below the Travel & Leisure median (#162 of 670)

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


Thomas Cook India Business Description

Other Exchanges 500413:India
Address N.M. Joshi Marg, 11th & 13th Floor, Marathon Futurex Building, A Wing, Lower Parel East, Mumbai, MH, IND, 400013
Thomas Cook India Ltd is a travel and tourism company domiciled in India. The company's segment includes Financial Services, Travel and related services, and Leisure hospitality & resorts business. It generates maximum revenue from the Travel and related services segment. Travel and related services include tour operations, travel management, visa services, and travel insurance and related services.
64GF Score

Get the complete analysis for NSE:THOMASCOOK

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

₹97.85
Price
₹181.82
GF Value