Coda Octopus GroupCODA +2.30%89 PE Ratio without NRI is 22.59 as of Jun. 30, 2026, which is 16% above its 10-year median of 19.42. GuruFocus rates CODA with a GF Score™ of 89/100 and a GF Value™ of $10.12 (Fairly Valued). The stock has 1 warning sign investors should review. Among 238 Aerospace & Defense companies, Coda Octopus Group ranks better than 74.79% on this metric.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-30), Coda Octopus Group's share price is $9.78.
Coda Octopus Group's EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 was $0.43. Therefore, Coda Octopus Group's PE Ratio without NRI for today is 22.59.
During the past 13 years, Coda Octopus Group's highest PE Ratio without NRI was 252.50. The lowest was 2.70. And the median was 19.42.
Coda Octopus Group's EPS (Basic) for the
three
months ended in Apr. 2026 was $0.15.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.43.
Coda Octopus Group (NAS:CODA) PE Ratio without NRI Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
Coda Octopus Group PE Ratio without NRI Related Terms
Coda Octopus Group PE Ratio without NRI Historical Data
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The historical data trend for Coda Octopus Group's PE Ratio without NRI 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.
CODA vs VWAV, HOVR, OPXS: PE Ratio without NRI Comparison
For the Aerospace & Defense subindustry, Coda Octopus Group's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.
Coda Octopus Group PE Ratio without NRI vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group's PE Ratio without NRI falls into.
Coda Octopus Group PE Ratio without NRI Calculation
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.
Coda Octopus Group's Share Price of today is $9.78.
Coda Octopus Group's EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.43.
* 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.
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.
For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Coda Octopus Group (CODA) has a PE Ratio without NRI of 22.59 as of Jun. 30, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Coda Octopus Group and its competitors. This is 16% above median its historical median of 19.42. Over the past decade, Coda Octopus Group's PE Ratio without NRI has ranged from 2.70 to 252.50. According to the industry distribution chart, Coda Octopus Group ranks #60 out of 238 companies in the Aerospace & Defense industry, placing it in the top 25.2%.
Is Coda Octopus Group's PE Ratio without NRI too high?
Coda Octopus Group's current PE Ratio without NRI of 22.59 is 16% above median its 10-year median of 19.42. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 252.50. The Aerospace & Defense industry median PE Ratio without NRI is 39.87. Coda Octopus Group's value of 22.59 is 43.3% below this industry median. Based on the distribution chart, Coda Octopus Group ranks #60 out of 238 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Coda Octopus Group has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's PE Ratio without NRI compare to VWAV and HOVR?
According to the Aerospace & Defense industry distribution chart, Coda Octopus Group ranks #60 out of 238 companies for PE Ratio without NRI. This puts Coda Octopus Group in the upper half of its industry. The industry median PE Ratio without NRI is 39.87. Coda Octopus Group's value of 22.59 is 43.3% below this benchmark. Historically, Coda Octopus Group's own PE Ratio without NRI has ranged from 2.70 to 252.50 over the past decade. While the company's 10-year median is 19.42 vs. the industry median of 39.87, Coda Octopus Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for an Aerospace & Defense company?
The median PE Ratio without NRI among Aerospace & Defense companies is 39.87, based on 238 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coda Octopus Group's current PE Ratio without NRI of 22.59 is 43.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Coda Octopus Group and its competitors. For the Aerospace & Defense industry, the median PE Ratio without NRI is 39.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current PE Ratio without NRI is 22.59, which is 16% above median its own 10-year median of 19.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coda Octopus Group stock overvalued right now?
Based on GuruFocus' analysis, Coda Octopus Group (CODA) is currently considered Fairly Valued. The stock's GF Value™ is $10.12, compared to a current price of $9.78 — trading 3.4% below its estimated fair value. The current PE Ratio without NRI is 22.59, which is 16% above median its 10-year median of 19.42 and 43.3% below the Aerospace & Defense industry median of 39.87. Coda Octopus Group's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Coda Octopus Group (CODA), the current PE Ratio without NRI is 22.59 as of Jun. 30, 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 Coda Octopus Group (CODA) Overvalued in 2026?
Based on GuruFocus' analysis, Coda Octopus Group stock appears to be undervalued.
The current stock price of $9.78 is trading 3.4% below its estimated GF Value™ of $10.12.
GuruFocus considers Coda Octopus Group to be Fairly Valued.
Key valuation signals for CODA:
PE Ratio without NRI: 22.59 (16% above median its 10-year median of 19.42)
GF Value™: $10.12 vs. price of $9.78 (3.4% below fair value)
Industry Position: 43.3% below the Aerospace & Defense median (#60 of 238)
No single metric tells the full story. See the CODA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
89GF Score
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