Formula Systems
FORTY
#5247
Rank
A$1.70 B
Marketcap
$111.28
Share price
0.12%
Change (1 day)
-2.57%
Change (1 year)

Formula Systems (FORTY) - P/B ratio

P/B ratio as of September 2024 : 0.8573

According to Formula Systems 's latest financial reports the company has a price-to-book ratio of 0.8573.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Formula Systems - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-310.7639-17.21%
2022-12-310.9226-41.53%
2021-12-311.5832.71%
2020-12-311.192.69%
2019-12-311.1671.81%
2018-12-310.6740-12.84%
2017-12-310.7732-4.28%
2016-12-310.807842.99%
2015-12-310.564919.87%
2014-12-310.4713-40.07%
2013-12-310.786474.95%
2012-12-310.4495-21.16%
2011-12-310.5702-24.24%
2010-12-310.752644.56%
2009-12-310.520662.74%
2008-12-310.3199-41.43%
2007-12-310.5462-19.55%
2006-12-310.679028.14%
2005-12-310.5299-33.09%
2004-12-310.79194.92%
2003-12-310.7548108.56%
2002-12-310.3619

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
4.39 412.57%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
13.2 1,435.95%๐Ÿ‡บ๐Ÿ‡ธ USA
8.16 851.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-57.3-6,782.30%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2 1,319.47%๐Ÿ‡บ๐Ÿ‡ธ USA
41.3 4,714.93%๐Ÿ‡บ๐Ÿ‡ธ USA
5.96 595.67%๐Ÿ‡ฉ๐Ÿ‡ช Germany
-24.3-2,937.94%๐Ÿ‡บ๐Ÿ‡ธ USA