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ODYSSEY TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of ODYSSEY TECHNOLOGIES is 31.05.

Share Price ₹78.7Apr 26,2024
Market Cap ₹124.4 Cr
Earnings-TTM₹4.0 CrTTM-Standalone Results
Price/Earnings31.05xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ODYSSEY TECHNOLOGIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ODYSSEY TECHNOLOGIES is calculated as :

Current Market Cap [ ₹124.4 Cr] as on Apr 26,2024

(/) Earnings [ ₹4.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 31.05x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ODYSSEY TECHNOLOGIES , the investors are currently willing to pay 31.05 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ODYSSEY TECHNOLOGIES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of ODYSSEY TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of ODYSSEY TECHNOLOGIES


PE Ratio Performance Analysis for ODYSSEY TECHNOLOGIES

- ODYSSEY TECHNOLOGIES 's latest p/e ratio is 31.05x.

- ODYSSEY TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 30.00x.

- ODYSSEY TECHNOLOGIES 's operated at median p/e ratio of 26.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ODYSSEY TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 49.85x.

- ODYSSEY TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2023 of 18.24x.


How does ODYSSEY TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ODYSSEY TECHNOLOGIES 4.0131.05124.4
TATA CONSULTANCY SERVICES LTD46,099.0029.931,379,520.0
INFOSYS LTD26,248.0022.62593,636.0
HCL TECHNOLOGIES LTD15,710.0025.43399,533.0
WIPRO LTD11,135.4021.80242,799.0
LTIMINDTREE LTD4,584.6030.94141,847.0
TECH MAHINDRA LTD2,386.3052.29124,782.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD2,219.3629.2464,897.3
PERSISTENT SYSTEMS LTD1,093.4947.8852,355.4
L&T TECHNOLOGY SERVICES LTD1,306.2038.6850,528.3
TATA ELXSI LTD792.2455.8244,220.9

IT - Software Industry Benchmark (Top 10) PE Analysis vs ODYSSEY TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 21.80x
Max industry PE 55.82x
Median industry PE 30.94x
Average industry PE 35.06x



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