Open Price To Sales Ratio vs Ptb Ratio Analysis

OTEX Stock

USD 30.43 0.16 0.52%

Open Text financial indicator trend analysis is much more than just breaking down Open Text Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Open Text Corp is a good investment. Please check the relationship between Open Text Price To Sales Ratio and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Open Text Corp Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Open Text's Price To Sales Ratio and Ptb Ratio is 0.47. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Open Text Corp, assuming nothing else is changed. The correlation between historical values of Open Text's Price To Sales Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Open Text Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Open Text's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Open Text Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Open Text sales, a figure that is much harder to manipulate than other Open Text Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Open Text's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Open Text Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Open Text's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 277.2 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.17 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.4B	3.2B	4.2B	4.4B
Total Revenue	3.5B	4.5B	5.8B	6.1B

Gross Profit Total Revenue

Open Text fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Short Term Investments	Intangible Assets	Other Assets	Good Will	Common Stock
Common Stock Shares Outstanding		0.6	0.49	0.33	0.49	0.75	0.56	0.42	0.74	0.36	0.64	0.56	0.36	0.64	0.66	0.5	0.53	-0.45	0.5	0.69	0.31	-0.87	0.47	0.52	0.56	0.67
Total Assets	0.6		0.98	0.88	0.97	0.89	0.98	0.96	0.86	0.09	0.72	1.0	0.87	0.72	0.97	0.98	0.93	-0.84	0.98	0.89	0.49	-0.39	0.94	0.38	1.0	0.94
Short Long Term Debt Total	0.49	0.98		0.93	0.98	0.79	0.97	0.99	0.76	-0.02	0.68	0.98	0.86	0.68	0.93	1.0	0.91	-0.83	1.0	0.85	0.51	-0.3	0.96	0.31	0.99	0.88
Other Current Liab	0.33	0.88	0.93		0.93	0.61	0.9	0.91	0.56	-0.3	0.65	0.88	0.9	0.65	0.81	0.93	0.87	-0.74	0.93	0.79	0.4	-0.16	0.85	-0.04	0.9	0.73
Total Current Liabilities	0.49	0.97	0.98	0.93		0.78	0.96	0.98	0.75	0.01	0.64	0.98	0.91	0.64	0.94	0.98	0.95	-0.8	0.99	0.83	0.53	-0.34	0.95	0.22	0.98	0.87
Total Stockholder Equity	0.75	0.89	0.79	0.61	0.78		0.87	0.74	1.0	0.28	0.75	0.87	0.68	0.75	0.91	0.79	0.81	-0.75	0.79	0.88	0.42	-0.5	0.73	0.58	0.86	0.98
Property Plant And Equipment Net	0.56	0.98	0.97	0.9	0.96	0.87		0.92	0.84	-0.06	0.79	0.97	0.86	0.79	0.93	0.96	0.91	-0.87	0.96	0.93	0.51	-0.34	0.88	0.31	0.98	0.94
Net Debt	0.42	0.96	0.99	0.91	0.98	0.74	0.92		0.7	0.05	0.55	0.97	0.88	0.55	0.91	0.99	0.88	-0.78	0.99	0.76	0.48	-0.27	0.98	0.29	0.97	0.83
Retained Earnings	0.74	0.86	0.76	0.56	0.75	1.0	0.84	0.7		0.29	0.75	0.84	0.64	0.74	0.89	0.76	0.77	-0.73	0.76	0.86	0.42	-0.47	0.7	0.62	0.83	0.96
Accounts Payable	0.36	0.09	-0.02	-0.3	0.01	0.28	-0.06	0.05	0.29		-0.3	0.12	0.03	-0.31	0.23	0.01	0.03	0.03	0.01	-0.14	-0.13	-0.51	0.14	0.47	0.06	0.19
Cash	0.64	0.72	0.68	0.65	0.64	0.75	0.79	0.55	0.75	-0.3		0.66	0.49	1.0	0.65	0.67	0.67	-0.72	0.66	0.95	0.47	-0.31	0.49	0.31	0.7	0.76
Non Current Assets Total	0.56	1.0	0.98	0.88	0.98	0.87	0.97	0.97	0.84	0.12	0.66		0.88	0.66	0.97	0.99	0.92	-0.82	0.99	0.85	0.48	-0.38	0.96	0.38	0.99	0.93
Non Currrent Assets Other	0.36	0.87	0.86	0.9	0.91	0.68	0.86	0.88	0.64	0.03	0.49	0.88		0.49	0.87	0.88	0.89	-0.71	0.89	0.7	0.2	-0.26	0.82	-0.07	0.9	0.79
Cash And Short Term Investments	0.64	0.72	0.68	0.65	0.64	0.75	0.79	0.55	0.74	-0.31	1.0	0.66	0.49		0.65	0.66	0.66	-0.72	0.66	0.95	0.46	-0.31	0.49	0.31	0.7	0.76
Net Receivables	0.66	0.97	0.93	0.81	0.94	0.91	0.93	0.91	0.89	0.23	0.65	0.97	0.87	0.65		0.94	0.93	-0.76	0.94	0.85	0.44	-0.48	0.92	0.4	0.96	0.95
Non Current Liabilities Total	0.5	0.98	1.0	0.93	0.98	0.79	0.96	0.99	0.76	0.01	0.67	0.99	0.88	0.66	0.94		0.9	-0.82	1.0	0.84	0.47	-0.32	0.96	0.3	0.99	0.88
Other Current Assets	0.53	0.93	0.91	0.87	0.95	0.81	0.91	0.88	0.77	0.03	0.67	0.92	0.89	0.66	0.93	0.9		-0.77	0.92	0.84	0.55	-0.34	0.86	0.18	0.93	0.87
Other Stockholder Equity	-0.45	-0.84	-0.83	-0.74	-0.8	-0.75	-0.87	-0.78	-0.73	0.03	-0.72	-0.82	-0.71	-0.72	-0.76	-0.82	-0.77		-0.82	-0.81	-0.3	0.25	-0.7	-0.29	-0.85	-0.86
Total Liab	0.5	0.98	1.0	0.93	0.99	0.79	0.96	0.99	0.76	0.01	0.66	0.99	0.89	0.66	0.94	1.0	0.92	-0.82		0.84	0.49	-0.32	0.96	0.28	0.99	0.88
Total Current Assets	0.69	0.89	0.85	0.79	0.83	0.88	0.93	0.76	0.86	-0.14	0.95	0.85	0.7	0.95	0.85	0.84	0.84	-0.81	0.84		0.5	-0.4	0.71	0.35	0.88	0.9
Short Term Debt	0.31	0.49	0.51	0.4	0.53	0.42	0.51	0.48	0.42	-0.13	0.47	0.48	0.2	0.46	0.44	0.47	0.55	-0.3	0.49	0.5		-0.16	0.53	0.43	0.44	0.41
Short Term Investments	-0.87	-0.39	-0.3	-0.16	-0.34	-0.5	-0.34	-0.27	-0.47	-0.51	-0.31	-0.38	-0.26	-0.31	-0.48	-0.32	-0.34	0.25	-0.32	-0.4	-0.16		-0.34	-0.33	-0.37	-0.44
Intangible Assets	0.47	0.94	0.96	0.85	0.95	0.73	0.88	0.98	0.7	0.14	0.49	0.96	0.82	0.49	0.92	0.96	0.86	-0.7	0.96	0.71	0.53	-0.34		0.36	0.94	0.8
Other Assets	0.52	0.38	0.31	-0.04	0.22	0.58	0.31	0.29	0.62	0.47	0.31	0.38	-0.07	0.31	0.4	0.3	0.18	-0.29	0.28	0.35	0.43	-0.33	0.36		0.32	0.47
Good Will	0.56	1.0	0.99	0.9	0.98	0.86	0.98	0.97	0.83	0.06	0.7	0.99	0.9	0.7	0.96	0.99	0.93	-0.85	0.99	0.88	0.44	-0.37	0.94	0.32		0.93
Common Stock	0.67	0.94	0.88	0.73	0.87	0.98	0.94	0.83	0.96	0.19	0.76	0.93	0.79	0.76	0.95	0.88	0.87	-0.86	0.88	0.9	0.41	-0.44	0.8	0.47	0.93

Click cells to compare fundamentals

Open Text Account Relationship Matchups

Open Text fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	271.8M	273.5M	271.9M	270.5M	272.6M	239.3M
Total Assets	10.2B	9.6B	10.2B	17.1B	14.2B	14.9B
Short Long Term Debt Total	4.5B	3.9B	4.5B	9.2B	6.7B	7.0B
Other Current Liab	376.5M	307.8M	334.6M	808.1M	780.2M	819.2M
Total Current Liabilities	1.9B	1.4B	1.5B	3.2B	2.8B	2.9B
Total Stockholder Equity	4.0B	4.1B	4.0B	4.0B	4.2B	4.4B
Property Plant And Equipment Net	452.4M	468.1M	442.8M	642.6M	587.5M	616.9M
Net Debt	2.8B	2.3B	2.8B	8.0B	5.4B	5.7B
Retained Earnings	2.2B	2.2B	2.2B	2.0B	2.1B	2.2B
Accounts Payable	41.5M	57.5M	114.0M	162.7M	151.2M	100.9M
Cash	1.7B	1.6B	1.7B	1.2B	1.3B	1.3B
Non Current Assets Total	7.8B	7.4B	7.9B	14.8B	11.9B	12.5B
Non Currrent Assets Other	123.5M	141.7M	147.5M	313.3M	454.1M	476.8M
Cash And Short Term Investments	1.7B	1.6B	1.7B	1.2B	1.3B	1.3B
Net Receivables	557.1M	496.2M	471.1M	821.9M	757.7M	795.6M
Liabilities And Stockholders Equity	10.2B	9.6B	10.2B	17.1B	14.2B	14.9B
Non Current Liabilities Total	4.3B	4.1B	4.7B	9.8B	7.2B	7.6B
Other Current Assets	211.8M	98.6M	120.6M	221.7M	242.9M	255.1M
Other Stockholder Equity	(23.6M)	(69.4M)	(160.0M)	(151.6M)	(123.3M)	(117.1M)
Total Liab	6.2B	5.5B	6.1B	13.1B	10.0B	10.5B
Total Current Assets	2.4B	2.2B	2.3B	2.3B	2.3B	2.4B
Short Term Debt	674.1M	126.6M	66.4M	412.3M	112.3M	88.9M
Accumulated Other Comprehensive Income	17.8M	66.2M	(7.7M)	(53.6M)	(69.6M)	(66.1M)
Intangible Assets	1.6B	1.2B	1.1B	4.1B	2.5B	2.6B
Other Assets	1.0B	938.4M	1.1B	1.4B	1.0	0.95
Good Will	4.7B	4.7B	5.2B	8.7B	7.5B	7.9B
Common Stock	1.9B	1.9B	2.0B	2.2B	2.3B	2.4B
Property Plant Equipment	244.6M	401.9M	244.7M	356.9M	410.4M	431.0M
Current Deferred Revenue	812.2M	852.6M	902.2M	1.7B	1.5B	1.6B
Other Liab	522.4M	344.7M	270.2M	1.0B	1.2B	1.2B
Long Term Debt	3.6B	3.6B	4.2B	8.6B	6.4B	6.7B
Inventory	(43.9M)	(75.3M)	25.6M	45.9M	(3.9M)	(3.7M)
Noncontrolling Interest In Consolidated Entity	1.3M	1.5M	1.1M	1.3M	1.5M	1.6M
Common Stock Total Equity	1.9B	1.9B	2.0B	2.2B	2.5B	1.3B
Retained Earnings Total Equity	2.2B	2.2B	2.2B	2.0B	2.4B	1.3B
Deferred Long Term Liab	148.7M	50.3M	65.9M	424.0M	487.5M	511.9M
Treasury Stock	(18.7M)	(28.8M)	(23.6M)	(69.4M)	(62.4M)	(59.3M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Open Stock Analysis

When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Open Price To Sales Ratio vs Ptb Ratio Analysis

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Ptb Ratio

Open Text fundamental ratios Correlations

Open Text Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Open Text fundamental ratios Accounts

Also Currently Popular

Additional Tools for Open Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Other Stockholder Equity	- 0.87	Property Plant And Equipment Net
Short Term Investments	- 0.87	Common Stock Shares Outstanding
Common Stock	- 0.86	Other Stockholder Equity
Good Will	- 0.85	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Total Assets
Other Stockholder Equity	- 0.83	Short Long Term Debt Total