Thomas Cook India (NSE:THOMASCOOK) Cyclically Adjusted Revenue per Share: ₹203.12 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
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:THOMASCOOK Thomas Cook India Ltd NSE:THOMASCOOK
64 GF Score
Price ₹104.76
GF Value ₹181.71
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Thomas Cook India Cyclically Adjusted Revenue per Share?

Thomas Cook India NSE:THOMASCOOK +1.57% 64 Cyclically Adjusted Revenue per Share is ₹203.12 as of Mar. 2026. GuruFocus rates NSE:THOMASCOOK with a GF Score™ of 64/100 and a GF Value™ of ₹181.71 (Possible Value Trap). The stock has 3 warning signs investors should review.

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.

Thomas Cook India's adjusted revenue per share 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 the count will get our Cyclically Adjusted Revenue per Share, which is ₹203.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thomas Cook India's average Cyclically Adjusted Revenue Growth Rate was 0.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 Thomas Cook India was 6.50% per year. The lowest was 2.60% per year. And the median was 4.85% per year.

As of today (2026-07-22), Thomas Cook India's current stock price is ₹104.76. 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 of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Thomas Cook India was 1.28. The lowest was 0.14. And the median was 0.43.


Thomas Cook India  (NSE:THOMASCOOK) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=104.76/203.12
=0.52

* 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 Thomas Cook India was 1.28. The lowest was 0.14. And the median was 0.43.


Be Aware

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


Thomas Cook India Cyclically Adjusted Revenue per Share Related Terms


Thomas Cook India Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Thomas Cook India'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.

Thomas Cook India Cyclically Adjusted Revenue per Share Chart

Thomas Cook India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.91 183.40 195.20 202.90 203.12

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 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 202.90 202.59 205.22 206.60 203.12

NSE:THOMASCOOK vs BKNG, ABNB, RCL: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thomas Cook India 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, 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.

What does a Cyclically Adjusted Revenue per Share of ₹203.12 mean?
Thomas Cook India (NSE:THOMASCOOK) has a Cyclically Adjusted Revenue per Share of ₹203.12 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Thomas Cook India and its competitors.
Is Thomas Cook India's Cyclically Adjusted Revenue per Share too high?
Thomas Cook India's current Cyclically Adjusted Revenue per Share is ₹203.12. 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 Revenue per Share compare to BKNG and ABNB?
Thomas Cook India's Cyclically Adjusted Revenue per Share of ₹203.12 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Thomas Cook India and its competitors. Thomas Cook India's current Cyclically Adjusted Revenue per Share is ₹203.12. 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 ₹181.71, compared to a current price of ₹104.76 — trading 42.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₹203.12. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Thomas Cook India (NSE:THOMASCOOK), the current Cyclically Adjusted Revenue per Share is ₹203.12 as of Mar. 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 ₹104.76 is trading 42.3% below its estimated GF Value™ of ₹181.71. GuruFocus considers Thomas Cook India to be Possible Value Trap.

Key valuation signals for NSE:THOMASCOOK:

  • Cyclically Adjusted Revenue per Share: ₹203.12
  • GF Value™: ₹181.71 vs. price of ₹104.76 (42.3% below fair value)
  • GF Score™: 64/100 with 3 warning signs

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 Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹104.76
Price
₹181.71
GF Value