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Open Text Forward PE Ratio

: 11.57 (As of Today)
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Open Text's Forward PE Ratio for today is 11.57.

Open Text's PE Ratio without NRI for today is 27.06.

Open Text's PE Ratio for today is 27.06.


Open Text Forward PE Ratio Historical Data

The historical data trend for Open Text'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.

* Premium members only.

Open Text Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-08
Forward PE Ratio
13.57 15.36 13.25 12.56 14.49 14.73 13.66 11.17

Open Text Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06
Forward PE Ratio 13.57 12.72 15.22 15.67 15.36 13.25 13.37 12.90 13.25 12.27 12.87 14.06 12.56 12.74 13.79 14.31 14.49 12.33 14.03 14.60 14.73 13.48 14.03 16.10 13.66 11.81 11.61

Competitive Comparison

For the Software - Application subindustry, Open Text'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.

   

Open Text Forward PE Ratio Distribution

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

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



Open Text 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.


Open Text  (NAS:OTEX) 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 .


Open Text Forward 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

Other Sources

OpenText Corp. Updates 1 Key Risk Factor

By tipranks.com 2022-02-09

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