Forward Industries (FWDI)

P/B ratio as of September 2026 : 1.29

According to Forward Industries's latest financial reports the company has a price-to-book ratio of 11.5032.
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.

Forward Industries - P/B ratio (from 2001 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	0.6373	-73.35%
2024-12-31	2.39	-24.64%
2023-12-31	3.17	72.48%
2022-12-31	1.84	-10.19%
2021-12-31	2.05	-10.91%
2020-12-31	2.30	86.68%
2019-12-31	1.23	5.15%
2018-12-31	1.17	-4.74%
2017-12-31	1.23	-6.17%
2016-12-31	1.31	-21.69%
2015-12-31	1.67	37.41%
2014-12-31	1.22	-6.77%
2013-12-31	1.31	2.92%
2012-12-31	1.27	62.65%
2011-12-31	0.7804	-36.1%
2010-12-31	1.22	63.6%
2009-12-31	0.7465	-0.4%
2008-12-31	0.7495	-2.77%
2007-12-31	0.7709	-40.74%
2006-12-31	1.30	-55.04%
2005-12-31	2.89	-0.09%
2004-12-31	2.90	11.26%
2003-12-31	2.60	72.61%
2002-12-31	1.51

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Forward Industries (FWDI) - P/B ratio