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Open Text (STU:OTX) Shiller PE Ratio : 19.68 (As of Jun. 24, 2024)


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What is Open Text Shiller PE Ratio?

As of today (2024-06-24), Open Text's current share price is €27.75. Open Text's E10 for the quarter that ended in Mar. 2024 was €1.41. Open Text's Shiller PE Ratio for today is 19.68.

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

STU:OTX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.5   Med: 36.66   Max: 82.87
Current: 19.73

During the past years, Open Text's highest Shiller PE Ratio was 82.87. The lowest was 18.50. And the median was 36.66.

STU:OTX's Shiller PE Ratio is ranked better than
70.98% of 927 companies
in the Software industry
Industry Median: 29.93 vs STU:OTX: 19.73

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 Mar. 2024 was €0.331. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.41 for the trailing ten years ended in Mar. 2024.

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 Shiller PE Ratio Chart

Open Text Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.69 37.19 37.51 25.09 27.65

Open Text Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial 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 25.86 27.65 23.45 27.60 25.53

Competitive Comparison of Open Text's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the Software Industry

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
=27.75/1.41
=19.68

* 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 Mar. 2024 is calculated as:

For example, Open Text's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.331/126.2576*126.2576
=0.331

Current CPI (Mar. 2024) = 126.2576.

Open Text Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.265 99.473 0.336
201409 0.206 99.394 0.262
201412 0.243 98.367 0.312
201503 0.102 99.789 0.129
201506 0.245 100.500 0.308
201509 0.151 100.421 0.190
201512 0.330 99.947 0.417
201603 0.251 101.054 0.314
201606 0.312 102.002 0.386
201609 3.323 101.765 4.123
201612 0.171 101.449 0.213
201703 0.075 102.634 0.092
201706 0.151 103.029 0.185
201709 0.117 103.345 0.143
201712 0.270 103.345 0.330
201803 0.178 105.004 0.214
201806 0.197 105.557 0.236
201809 0.111 105.636 0.133
201812 0.343 105.399 0.411
201903 0.239 106.979 0.282
201906 0.239 107.690 0.280
201909 0.245 107.611 0.287
201912 0.360 107.769 0.422
202003 0.090 107.927 0.105
202006 0.080 108.401 0.093
202009 0.323 108.164 0.377
202012 -0.197 108.559 -0.229
202103 0.277 110.298 0.317
202106 0.548 111.720 0.619
202109 0.408 112.905 0.456
202112 0.283 113.774 0.314
202203 0.254 117.646 0.273
202206 0.359 120.806 0.375
202209 -0.434 120.648 -0.454
202212 0.906 120.964 0.946
202303 0.196 122.702 0.202
202306 -0.166 124.203 -0.169
202309 0.281 125.230 0.283
202312 0.128 125.072 0.129
202403 0.331 126.258 0.331

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  (STU:OTX) 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

Thank you for viewing the detailed overview of Open Text's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Open Text (STU:OTX) Business Description

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, 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.

Open Text (STU:OTX) Headlines

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