Open Text (Open Text) Price-to-Tangible-Book : (As of Apr. 26, 2024)

View and export this data going back to 1996. Start your Free Trial

What is Open Text Price-to-Tangible-Book?

As of today (2024-04-26), Open Text's share price is $35.81. Open Text's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-23.74. Hence, Open Text's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Open Text's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Open Text's highest Price to Tangible Book Ratio was 68.53. The lowest was 68.53. And the median was 68.53.

OTEX's Price-to-Tangible-Book is not ranked ^*
in the Software industry.
Industry Median: 3.57
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Open Text's share price is $35.81. Open Text's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.06. Hence, Open Text's P/B Ratio of today is 2.38.

Open Text Price-to-Tangible-Book Historical Data

The historical data trend for Open Text's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Open Text Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

Open Text Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Open Text's Price-to-Tangible-Book

For the Software - Application subindustry, Open Text's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Open Text's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Open Text's Price-to-Tangible-Book falls into.

Open Text Price-to-Tangible-Book Calculation

Open Text's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	35.81	/	-23.738
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Open Text Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Open Text's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Open Text (Open Text) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (NAS:OTEX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

OTX:Germany OTX:Germany OTEX:Canada

Address

275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1

Website

https://www.opentext.com

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, and presentations). The OpenText Information Management platform and services provide secure and scalable solutions for global enterprises, SMBs, governments, and consumers around the world. It also accelerates transformations with intelligent tools and services. The company is based in Ontario, Canada.