OTEX Open Text PE ratio, current and historical analysis
As of Nov 21, 2024, the Open Text stock's PE ratio is 16.87. This results from the current EPS of $1.73 and stock price of $29.18. The P/E ratio has a decrease of 64% from the past four quarters average of 47.2.
OTEX PE ratio history
The PE ratio of Open Text has averaged 38.16 over the last ten years. The current PE ratio of 16.87 is 56% below the historical average. Over the past ten years, OTEX's PE ratio was at its highest in the Dec 2020 quarter at 137.76, when the stock price was $45.46 and the EPS was $0.33. The lowest value was in the Dec 2016 quarter, when it reached 6.75 with a price of $30.91 and an EPS of $4.58.
Open Text PE ratio by year
Maximum annual increase: 395.13% in 2018
Maximum annual decrease: -76.32% in 2024
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 17.57 | -76.32% |
| 2023 | 74.2 | 186.27% |
| 2022 | 25.92 | -41.83% |
| 2021 | 44.56 | -9.8% |
| 2020 | 49.4 | 27.09% |
| 2019 | 38.87 | 0.52% |
| 2018 | 38.67 | 395.13% |
| 2017 | 7.81 | -69.11% |
| 2016 | 25.28 | 19.75% |
| 2015 | 21.11 | -19.86% |
OTEX average PE ratio chart
The current PE ratio of OTEX is below the 3, 5 and 10-year averages.
OTEX PE vs peers
Compared to its peers MSFT and ORCL, OTEX's PE ratio stands lower, however it is higher than DOCU's. Open Text's PE ratio is trading below the peer group average of 44.11.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOCU Docusign Inc | 16.63 | $16.27B |
| OTEX Open Text Corp | 16.87 | $7.76B |
| MSFT Microsoft Corp | 33.93 | $3.07T |
| ADBE Adobe Inc | 42.39 | $221.95B |
| WDAY Workday Inc | 45.67 | $71.04B |
| ORCL Oracle Corp | 48.23 | $533.22B |
| CRM Salesforcecom Inc | 57.79 | $321.01B |
| INTU Intuit Inc | 65.13 | $190.06B |
| NOW ServiceNow Inc | 161.33 | $215.69B |
| TEAM Atlassian Corporation | N/A | $66.14B |
Frequently asked questions
What is Open Text's PE ratio?
OTEX stock has a price to earnings ratio of 16.87 as of Nov 21, 2024.
What is the 3-year average PE ratio for Open Text (OTEX)?
The 3-year average PE ratio for OTEX stock is 39.62.
What is the 5-year average PE ratio for Open Text (OTEX)?
The 5-year average PE ratio for OTEX stock is 47.17.
What is the highest PE ratio for OTEX?
Over the last ten years, the quarterly PE ratio reached a historic high of 137.76 in the Dec 2020 quarter.
How does the current PE ratio for OTEX compare to its historical average?
OTEX's price to earnings ratio is currently 56% below its 10-year historical average.
How is OTEX's PE ratio calculated (Open Text PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Open Text's stock price is $29.18. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.73. Therefore, Open Text's P/E ratio for today is 16.87. PE RATIO(16.87) = STOCK PRICE($29.18) / TTM EPS($1.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.