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Odyssey (BOM:531996) Cyclically Adjusted PS Ratio : 1.28 (As of Jun. 17, 2024)


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What is Odyssey Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Odyssey's current share price is ₹13.26. Odyssey's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹10.40. Odyssey's Cyclically Adjusted PS Ratio for today is 1.28.

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

BOM:531996' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.76   Max: 1.28
Current: 1.28

During the past years, Odyssey's highest Cyclically Adjusted PS Ratio was 1.28. The lowest was 0.56. And the median was 0.76.

BOM:531996's Cyclically Adjusted PS Ratio is ranked better than
73.55% of 605 companies
in the Capital Markets industry
Industry Median: 3.11 vs BOM:531996: 1.28

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.

Odyssey's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹2.107. 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 ₹10.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Odyssey Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Odyssey'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.

Odyssey Cyclically Adjusted PS Ratio Chart

Odyssey 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 - - - - 0.96

Odyssey 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 - 0.61 0.66 0.75 0.96

Competitive Comparison of Odyssey's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Odyssey'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.


Odyssey's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Odyssey's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Odyssey 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.

Odyssey's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.26/10.4
=1.28

* 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.

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

For example, Odyssey'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)
=2.107/153.0345*153.0345
=2.107

Current CPI (Mar. 2024) = 153.0345.

Odyssey Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 0.000 76.889 0.000
201206 0.263 79.567 0.506
201209 0.141 82.244 0.262
201212 0.412 83.774 0.753
201303 -0.238 85.687 -0.425
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201606 0.958 105.961 1.384
201609 3.945 105.961 5.698
201612 1.036 105.196 1.507
201703 0.342 105.196 0.498
201706 0.637 107.109 0.910
201709 1.168 109.021 1.640
201712 1.595 109.404 2.231
201803 0.390 109.786 0.544
201806 1.659 111.317 2.281
201809 2.096 115.142 2.786
201812 0.077 115.142 0.102
201903 1.325 118.202 1.715
201906 0.051 120.880 0.065
201909 0.048 123.175 0.060
201912 0.018 126.235 0.022
202003 0.948 124.705 1.163
202006 0.000 127.000 0.000
202009 0.000 130.118 0.000
202012 0.559 130.889 0.654
202103 5.147 131.771 5.978
202106 5.773 134.084 6.589
202109 9.779 135.847 11.016
202112 5.110 138.161 5.660
202203 5.871 138.822 6.472
202206 6.570 142.347 7.063
202209 4.446 144.661 4.703
202212 4.470 145.763 4.693
202303 3.347 146.865 3.488
202306 2.134 150.280 2.173
202309 2.641 151.492 2.668
202312 1.396 152.924 1.397
202403 2.107 153.035 2.107

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.


Odyssey  (BOM:531996) 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.


Odyssey Cyclically Adjusted PS Ratio Related Terms

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


Odyssey (BOM:531996) Business Description

Traded in Other Exchanges
N/A
Address
Bhogilal Phadia Road, B 102, Haridarshan Building, Kandivali (West), Mumbai, MH, IND, 400067
Odyssey Corp Ltd provides corporate finance and advisory services. and trading and Investments in shares as well as commercial loans. The company also finances film projects for the Indian film industry. Its operations comprise trading of goods, trading in shares, selling of film rights, and consultancy.

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