Start with its own history
At 6.02×, OTEX is 81.4% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · OTEXSoftware - ApplicationUpdated Nov 5, 2026
Open Text Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
6.02×
81.4% belowthe 10-year annual average
Share price26.59
÷Earnings per share4.42
Price and EPS in quote currency. Calculation details
Investors are paying 6.02 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 32.28×
3-year average14.59×3 positive annual observations
5-year average28.85×5 positive annual observations
10-year average32.28×10 positive annual observations
Peer median · TTM63.66×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 8.59× | -51.2% |
| Jun 30, 2025 | 17.59× | -0.0% |
| Jun 30, 2024 | 17.59× | -76.3% |
| Jun 30, 2023 | 74.20× | +182.4% |
| Jun 30, 2022 | 26.28× | -39.0% |
| Jun 30, 2021 | 43.05× | -13.9% |
| Jun 30, 2020 | 49.98× | +28.1% |
| Jun 30, 2019 | 39.02× | +0.9% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | 38.67× | +395.3% |
| Jun 30, 2017 | 7.81× | -69.1% |
| Jun 30, 2016 | 25.28× | +19.7% |
| Jun 30, 2015 | 21.11× | -19.8% |
| Jun 30, 2014 | 26.34× | -2.4% |
| Jun 30, 2013 | 27.00× | +16.9% |
| Jun 30, 2012 | 23.09× | -22.1% |
| Jun 30, 2011 | 29.65× | +26.4% |
| Jun 30, 2010 | 23.45× | -30.5% |
| Jun 30, 2009 | 33.74× | +9.2% |
| Jun 30, 2008 | 30.88× | -37.5% |
| Jun 30, 2007 | 49.45× | -65.8% |
| Jun 30, 2006 | 144.40× | +307.9% |
| Jun 30, 2005 | 35.40× | -42.3% |
| Jun 30, 2004 | 61.31× | +211.7% |
| Jun 30, 2003 | 19.67× | -19.1% |
| Jun 30, 2002 | 24.30× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How OTEX compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 OTEX This stockOpen Text Corporation | 6.02× |
 VRNSVaronis Systems, Inc. | N/M |
 CVLTCommvault Systems, Inc. | 82.88× |
 AKAMAkamai Technologies, Inc. | 30.26× |
 CHKPCheck Point Software Technologies Ltd. | 17.57× |
 BBBlackBerry Limited | 63.66× |
 TENBTenable Holdings, Inc. | 329.21× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does OTEX’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 63.66×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take OTEX into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("OTEX", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 26.59 ÷ EPS 4.42 = 6.02×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
OTEX P/E ratio: common questions
The essentials behind the numbers.
Open Text Corporation's current P/E is 6.02× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.