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Optiva (TSX:OPT) Forward PE Ratio : 0.00 (As of May. 05, 2024)


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What is Optiva Forward PE Ratio?

Optiva's Forward PE Ratio for today is 0.00.

Optiva's PE Ratio without NRI for today is 0.00.

Optiva's PE Ratio for today is 0.00.


Optiva Forward PE Ratio Historical Data

The historical data trend for Optiva's Forward 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.

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Optiva Forward PE Ratio Chart

Optiva Annual Data
Trend 2015-12 2016-12 2017-02 2019-11 2020-12 2021-12 2022-12 2023-07
Forward PE Ratio
12.85 58.48 75.76 70.42 19.72 12.95 11.88 20.04

Optiva Quarterly Data
2015-12 2016-03 2016-06 2016-12 2019-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03
Forward PE Ratio 12.85 8.33 11.40 58.48 51.02 19.72 19.05 16.64 13.16 12.95 19.46 14.88 12.42 11.88 27.03

Competitive Comparison of Optiva's Forward PE Ratio

For the Software - Infrastructure subindustry, Optiva's Forward PE Ratio, along with its competitors' market caps and Forward 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.


Optiva's Forward PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Optiva's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Optiva's Forward PE Ratio falls into.



Optiva Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Optiva  (TSX:OPT) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. 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 PE Ratio .


Optiva Forward PE Ratio Related Terms

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Optiva (TSX:OPT) Business Description

Traded in Other Exchanges
Address
2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, CAN, L5N 2X7
Optiva Inc is engaged in offering next-generation software solutions to help the telco industry and customers leverage today's digital technologies. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. When deployed in the cloud, Optiva solutions deliver the most impact for the best value. The company's vision, market knowledge, analytical insights and Customer Success Program ensure customers are equipped to achieve their strategic business goals today and into the future.

Optiva (TSX:OPT) Headlines

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