Formula Systems
FORTY
$74.80
Share price
0.27%
Change (1 day)
19.89%
Change (1 year)
Categories
Formula Systems (FORTY) - P/B ratio
P/B ratio as of April 2024 : 0.9351
According to Formula Systems
's latest financial reports the company has a price-to-book ratio of 0.9351.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.8147 | -11.7% |
| 2022-12-31 | 0.9226 | -41.53% |
| 2021-12-31 | 1.58 | 32.71% |
| 2020-12-31 | 1.19 | 2.69% |
| 2019-12-31 | 1.16 | 71.81% |
| 2018-12-31 | 0.6740 | -12.84% |
| 2017-12-31 | 0.7732 | -4.28% |
| 2016-12-31 | 0.8078 | 42.99% |
| 2015-12-31 | 0.5649 | 19.87% |
| 2014-12-31 | 0.4713 | -40.07% |
| 2013-12-31 | 0.7864 | 74.95% |
| 2012-12-31 | 0.4495 | -21.16% |
| 2011-12-31 | 0.5702 | -24.24% |
| 2010-12-31 | 0.7526 | 44.56% |
| 2009-12-31 | 0.5206 | 62.74% |
| 2008-12-31 | 0.3199 | -41.43% |
| 2007-12-31 | 0.5462 | -19.55% |
| 2006-12-31 | 0.6790 | 28.14% |
| 2005-12-31 | 0.5299 | -33.09% |
| 2004-12-31 | 0.7919 | 4.92% |
| 2003-12-31 | 0.7548 | 108.56% |
| 2002-12-31 | 0.3619 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 12.7 | 1,255.14% | 🇺🇸 USA |
 Oracle ORCL | 52.1 | 5,470.27% | 🇺🇸 USA |
 SAP SAP | 4.53 | 384.30% | 🇩🇪 Germany |
 IBM IBM | 6.78 | 624.92% | 🇺🇸 USA |
 HP HPQ | -16.7 | -1,885.66% | 🇺🇸 USA |
 Sapiens SPNS | 4.16 | 344.78% | 🇮🇱 Israel |
 Pegasystems PEGA | 14.8 | 1,485.71% | 🇺🇸 USA |
 FICO FICO | -38.0 | -4,168.18% | 🇺🇸 USA |