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Tata Chemicals (BOM:500770) Cyclically Adjusted Revenue per Share : ₹638.13 (As of Mar. 2024)


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What is Tata Chemicals Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 Chemicals's adjusted revenue per share for the three months ended in Mar. 2024 was ₹131.779. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₹638.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tata Chemicals's average Cyclically Adjusted Revenue Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Tata Chemicals was 2.50% per year. The lowest was 1.90% per year. And the median was 2.20% per year.

As of today (2024-06-12), Tata Chemicals's current stock price is ₹1111.50. Tata Chemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹638.13. Tata Chemicals's Cyclically Adjusted PS Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tata Chemicals was 2.08. The lowest was 0.37. And the median was 1.51.


Tata Chemicals Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Tata Chemicals's Cyclically Adjusted Revenue per Share 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 Chemicals Cyclically Adjusted Revenue per Share Chart

Tata Chemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 593.10 602.98 622.43 639.43 638.13

Tata Chemicals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 639.43 648.77 641.30 631.70 638.13

Competitive Comparison of Tata Chemicals's Cyclically Adjusted Revenue per Share

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

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

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



Tata Chemicals Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Tata Chemicals'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)
=131.779/153.0345*153.0345
=131.779

Current CPI (Mar. 2024) = 153.0345.

Tata Chemicals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 151.159 94.103 245.823
201409 188.189 96.780 297.575
201412 189.138 96.780 299.075
201503 20.026 97.163 31.542
201506 153.750 99.841 235.666
201509 161.050 101.753 242.215
201512 153.892 102.901 228.869
201603 136.594 102.518 203.901
201606 126.137 105.961 182.174
201609 132.904 105.961 191.947
201612 95.405 105.196 138.791
201703 98.577 105.196 143.405
201706 96.206 107.109 137.457
201709 105.626 109.021 148.268
201712 101.014 109.404 141.299
201803 100.314 109.786 139.831
201806 107.788 111.317 148.184
201809 116.221 115.142 154.469
201812 100.811 115.142 133.987
201903 97.529 118.202 126.269
201906 101.374 120.880 128.340
201909 108.807 123.175 135.183
201912 103.017 126.235 124.887
202003 89.232 124.705 109.503
202006 91.946 127.000 110.794
202009 102.567 130.118 120.631
202012 102.234 130.889 119.531
202103 99.164 131.771 115.166
202106 116.845 134.084 133.359
202109 118.692 135.847 133.709
202112 123.115 138.161 136.369
202203 132.737 138.822 146.327
202206 156.815 142.347 168.588
202209 166.387 144.661 176.018
202212 162.844 145.763 170.968
202303 168.703 146.865 175.790
202306 165.549 150.280 168.583
202309 156.931 151.492 158.529
202312 146.367 152.924 146.472
202403 131.779 153.035 131.779

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Tata Chemicals  (BOM:500770) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Chemicals's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1111.50/638.13
=1.74

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Tata Chemicals was 2.08. The lowest was 0.37. And the median was 1.51.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Tata Chemicals Cyclically Adjusted Revenue per Share Related Terms

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


Tata Chemicals (BOM:500770) Business Description

Industry
Traded in Other Exchanges
Address
24, Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400001
Tata Chemicals Ltd manufactures and sells a variety of chemicals and agricultural products. The firm organizes itself into three reportable segments - Inorganic Chemicals: Comprising soda ash, marine chemicals, caustic soda, cement, bulk chemicals and salt. Agri Inputs: Comprising traded seeds, pesticides, speciality crop nutrients and Others: Comprising pulses, spices, water purifiers and nutritional solutions. Maximum revenue is generated in India.

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