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Open Text Shiller PE Ratio

: 26.46 (As of Today)
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As of today (2022-08-15), Open Text's current share price is $39.6899. Open Text's E10 for the quarter that ended in Jun. 2022 was $1.50. Open Text's Shiller PE Ratio for today is 26.46.

The historical rank and industry rank for Open Text's Shiller PE Ratio or its related term are showing as below:

OTEX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.8   Med: 38.59   Max: 82.87
Current: 26.24

During the past years, Open Text's highest Shiller PE Ratio was 82.87. The lowest was 24.80. And the median was 38.59.

OTEX's Shiller PE Ratio is ranked better than
60.51% of 866 companies
in the Software industry
Industry Median: 32.20 vs OTEX: 26.24

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.

Open Text's adjusted earnings per share data for the three months ended in Jun. 2022 was $0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.50 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Open Text Shiller PE Ratio Historical Data

The historical data trend for Open Text's Shiller PE 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.

Open Text Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.54 36.69 37.19 37.51 25.26

Open Text Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 37.51 35.54 33.94 28.71 25.26

Competitive Comparison

For the Software - Application subindustry, Open Text's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.

   

Open Text Shiller PE Ratio Distribution

For the Software industry and Technology sector, Open Text's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Open Text's Shiller PE Ratio falls into.



Open Text Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Open Text's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.6899/1.5
=26.46

* 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.

Open Text's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, Open Text's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.38/120.0158*120.0158
=0.380

Current CPI (Jun. 2022) = 120.0158.

Open Text Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 0.083 96.392 0.103
201212 0.260 95.760 0.326
201303 0.110 97.103 0.136
201306 0.180 97.182 0.222
201309 0.130 97.419 0.160
201312 0.225 96.945 0.279
201403 0.190 98.604 0.231
201406 0.360 99.473 0.434
201409 0.265 99.394 0.320
201412 0.300 98.367 0.366
201503 0.110 99.789 0.132
201506 0.275 100.500 0.328
201509 0.170 100.421 0.203
201512 0.360 99.947 0.432
201603 0.280 101.054 0.333
201606 0.350 102.002 0.412
201609 3.730 101.765 4.399
201612 0.180 101.449 0.213
201703 0.080 102.634 0.094
201706 0.170 103.029 0.198
201709 0.140 103.345 0.163
201712 0.320 103.345 0.372
201803 0.220 105.004 0.251
201806 0.230 105.557 0.262
201809 0.130 105.636 0.148
201812 0.390 105.399 0.444
201903 0.270 106.979 0.303
201906 0.270 107.690 0.301
201909 0.270 107.611 0.301
201912 0.400 107.769 0.445
202003 0.100 107.927 0.111
202006 0.090 108.401 0.100
202009 0.380 108.164 0.422
202012 -0.240 108.559 -0.265
202103 0.330 110.298 0.359
202106 0.660 111.720 0.709
202109 0.480 112.905 0.510
202112 0.320 113.774 0.338
202203 0.280 117.646 0.286
202206 0.380 120.016 0.380

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Open Text  (NAS:OTEX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Open Text Shiller PE Ratio Related Terms

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Open Text Business Description

Open Text logo
Traded in Other Exchanges
Address
275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1
Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, presentations). The company is based in Ontario, Canada.

Open Text Headlines

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OpenText Corp. Updates 1 Key Risk Factor

By tipranks.com 2022-02-09

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