Open Text Corp

NASDAQ OTEX

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Open Text Corp Price to Book Ratio (P/B) on June 03, 2024: 1.91

Open Text Corp Price to Book Ratio (P/B) is 1.91 on June 03, 2024, a -31.56% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Open Text Corp 52-week high Price to Book Ratio (P/B) is 2.98 on January 29, 2024, which is 56.08% above the current Price to Book Ratio (P/B).
  • Open Text Corp 52-week low Price to Book Ratio (P/B) is 1.91 on May 30, 2024, which is -0.24% below the current Price to Book Ratio (P/B).
  • Open Text Corp average Price to Book Ratio (P/B) for the last 52 weeks is 2.56.
NASDAQ: OTEX

Open Text Corp

CEO Mr. Mark J. Barrenechea
IPO Date Sept. 9, 1998
Location Canada
Headquarters 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1
Employees 23,700
Sector Technology
Industry Software - application
Description

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

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StockViz Staff

September 19, 2024

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