What is the price-to-earnings ratio of Open Text?
The price-earnings ratio of Open Text is currently 6.87.
Open Text P/E 2024
Open Text P/E
6.87
Open Text Dividend yield
3.3 %
Ticker
OTEX.TO
ISIN
CA6837151068
WKN
899027
As of May 29, 2024, Open Text's P/E ratio was 6.87, a -90.82% change from the 74.82 P/E ratio recorded in the previous year.
The Open Text P/E history
Open Text Aktienanalyse
What does Open Text do?
Open Text Corp is a Canadian software company founded in 1991. It is headquartered in Waterloo, Ontario, Canada, with additional offices in North America, Europe, Asia, and Australia. Open Text Corp is a leading provider of Enterprise Content Management (ECM) solutions. The history of Open Text Corp: Open Text Corp started as a small software company primarily focused on document management software. Over the years, the company underwent several mergers and acquisitions and expanded its offerings. It has now grown into a diversified technology company that offers a wide range of enterprise software solutions. Business model of Open Text Corp: Open Text Corp's business model is focused on providing enterprise software solutions. The company specializes in ECM solutions that allow businesses to organize, store, and manage documents, emails, videos, and other digital content. The company generates revenue through the sale of software licenses and subscription services. Divisions of Open Text Corp: Open Text Corp divides its business activities into several divisions. The divisions are: 1. Enterprise Information Management (EIM) 2. Business Networks 3. Cloud Services 4. Customer Experience Management (CEM) Each division offers specialized software solutions to address various business challenges. Products of Open Text Corp: Open Text Corp offers a wide range of software solutions, including: 1. Open Text Content Suite - A comprehensive enterprise content management platform that enables the management of documents, emails, and other digital content. 2. Open Text Documentum - An enterprise content management platform for process optimization, compliance, and collaboration. 3. Open Text eDOCS - An enterprise document management solution for legal and professional services firms. 4. Open Text Core Share - A cloud-based collaboration platform for businesses that need a secure, easy way to share content. 5. Open Text EnCase - A digital forensics tool for investigating crimes and legal disputes. 6. Open Text Exstream - A customer communication management solution that enables businesses to create personalized marketing and customer documents. In conclusion: Open Text Corp is a leading company in the enterprise software industry that offers a wide range of solutions for content and information management. The company has a long history in developing ECM solutions and has expanded its offerings over the years to be active in other areas as well. The various divisions of Open Text Corp provide specialized software solutions tailored to the needs of businesses of all sizes and industries. Open Text Corp remains a significant player in the enterprise software field and is expected to continue driving technological innovations. Open Text ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Open Text's P/E Ratio
The Price to Earnings (P/E) Ratio of Open Text is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Open Text's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Open Text is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Open Text’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Open Text Stock
How has the price-earnings ratio of Open Text changed compared to last year?
The price-to-earnings ratio of Open Text has increased by -90.82% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Open Text high compared to other companies?
Yes, the price-to-earnings ratio of Open Text is high compared to other companies.
How does an increase in the price-earnings ratio of Open Text affect the company?
An increase in the price-earnings ratio of Open Text would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Open Text affect the company?
A decrease in the price-earnings ratio of Open Text would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Open Text?
Some factors that influence the price-earnings ratio of Open Text are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Open Text pay?
Over the past 12 months, Open Text paid a dividend of 0.99 USD . This corresponds to a dividend yield of about 3.3 %. For the coming 12 months, Open Text is expected to pay a dividend of 1.02 USD.
What is the dividend yield of Open Text?
The current dividend yield of Open Text is 3.3 %.
When does Open Text pay dividends?
Open Text pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Open Text?
Open Text paid dividends every year for the past 14 years.
What is the dividend of Open Text?
For the upcoming 12 months, dividends amounting to 1.02 USD are expected. This corresponds to a dividend yield of 3.4 %.
In which sector is Open Text located?
Open Text is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Open Text kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Open Text from 6/18/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.
When did Open Text pay the last dividend?
The last dividend was paid out on 6/18/2024.
What was the dividend of Open Text in the year 2023?
In the year 2023, Open Text distributed 0.928 USD as dividends.
In which currency does Open Text pay out the dividend?
The dividends of Open Text are distributed in USD.
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Andere Kennzahlen von Open Text
Our stock analysis for Open Text Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Open Text Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
