Formula Price Earnings Ratio from 2010 to 2024

FORTY Stock  USD 96.50  3.03  3.24%   
Formula Systems Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio will likely drop to 15.79 in 2024. During the period from 2010 to 2024, Formula Systems Price Earnings Ratio regression line of annual values had r-squared of  0.04 and arithmetic mean of  14.56. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
16.62117177
Current Value
15.79
Quarterly Volatility
13.12039089
 
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Yuan Drop
 
Covid
Check Formula Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 127.9 M, Interest Expense of 40.3 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0089 or PTB Ratio of 0.98. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
Check out the analysis of Formula Systems Correlation against competitors.

Latest Formula Systems' Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Formula Systems 1985 over the last few years. It is Formula Systems' Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Formula Systems' overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Formula Price Earnings Ratio Regression Statistics

Arithmetic Mean14.56
Geometric Mean10.89
Coefficient Of Variation90.11
Mean Deviation8.46
Median11.73
Standard Deviation13.12
Sample Variance172.14
Range51.9198
R-Value0.21
Mean Square Error177.33
R-Squared0.04
Significance0.46
Slope0.61
Total Sum of Squares2,410

Formula Price Earnings Ratio History

2024 15.79
2023 16.62
2022 5.54
2021 13.22
2020 11.73
2019 11.14
2018 17.36

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula Systems' Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 16.62  15.79 

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Additional Tools for Formula Stock Analysis

When running Formula Systems' price analysis, check to measure Formula Systems' 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 Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.