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TCC Concept (BOM:512038) Cyclically Adjusted PS Ratio : 4.88 (As of Jun. 10, 2024)


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What is TCC Concept Cyclically Adjusted PS Ratio?

As of today (2024-06-10), TCC Concept's current share price is ₹534.00. TCC Concept's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹109.38. TCC Concept's Cyclically Adjusted PS Ratio for today is 4.88.

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

BOM:512038' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.58   Max: 5.87
Current: 4.88

During the past years, TCC Concept's highest Cyclically Adjusted PS Ratio was 5.87. The lowest was 0.14. And the median was 0.58.

BOM:512038's Cyclically Adjusted PS Ratio is ranked worse than
92.97% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs BOM:512038: 4.88

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.

TCC Concept's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹6.073. 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 ₹109.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TCC Concept Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TCC Concept'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.

* Premium members only.

TCC Concept Cyclically Adjusted PS Ratio Chart

TCC Concept Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.15 4.10

TCC Concept Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.16 0.63 1.82 4.10

Competitive Comparison of TCC Concept's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, TCC Concept'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.


TCC Concept's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCC Concept's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TCC Concept 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.

TCC Concept's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=534.00/109.38
=4.88

* 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.

TCC Concept's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TCC Concept'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)
=6.073/153.0345*153.0345
=6.073

Current CPI (Mar. 2024) = 153.0345.

TCC Concept Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 94.103 0.000
201409 7.243 96.780 11.453
201412 9.294 96.780 14.696
201503 51.003 97.163 80.331
201506 20.950 99.841 32.112
201509 0.000 101.753 0.000
201512 19.112 102.901 28.423
201603 28.599 102.518 42.691
201606 18.359 105.961 26.515
201609 0.000 105.961 0.000
201612 32.890 105.196 47.847
201703 20.842 105.196 30.320
201706 42.034 107.109 60.057
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 0.000 109.786 0.000
201806 0.000 111.317 0.000
201809 9.227 115.142 12.264
201812 28.269 115.142 37.572
201903 13.876 118.202 17.965
201906 -0.001 120.880 -0.001
201909 0.000 123.175 0.000
201912 0.000 126.235 0.000
202003 1.807 124.705 2.217
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.000 130.889 0.000
202103 0.000 131.771 0.000
202106 0.000 134.084 0.000
202109 0.000 135.847 0.000
202112 0.000 138.161 0.000
202203 0.000 138.822 0.000
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 2.778 145.763 2.917
202303 13.986 146.865 14.574
202306 53.546 150.280 54.527
202309 20.943 151.492 21.156
202312 30.492 152.924 30.514
202403 6.073 153.035 6.073

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.


TCC Concept  (BOM:512038) 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.


TCC Concept Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of TCC Concept's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TCC Concept (BOM:512038) Business Description

Traded in Other Exchanges
N/A
Address
Range Hill Road, 5th Floor, VB Capitol Building, Opposite Hotel Symphony, Bhoslenagar, Shivajinagar, Pune, MH, IND, 411007
TCC Concept Ltd, formerly Aaswa Trading & Exports Ltd is an Indian company engaged in the trading and allied activities in Cotton textile products and intermediaries. The company majorly operates in India.

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