Formula Price To Book Ratio from 2010 to 2024

FORTY Stock  USD 93.47  3.03  3.14%   
Formula Systems Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 0.98 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
1.70030729
Current Value
0.98
Quarterly Volatility
0.79587245
 
Credit Downgrade
 
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 To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Formula Systems 1985 over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Formula Systems' Price To Book 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 To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Formula Price To Book Ratio Regression Statistics

Arithmetic Mean1.57
Geometric Mean1.41
Coefficient Of Variation50.65
Mean Deviation0.63
Median1.52
Standard Deviation0.80
Sample Variance0.63
Range2.7312
R-Value0.60
Mean Square Error0.44
R-Squared0.36
Significance0.02
Slope0.11
Total Sum of Squares8.87

Formula Price To Book Ratio History

2024 0.98
2023 1.7
2022 2.02
2021 3.45
2020 2.62
2019 2.45
2018 1.52

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula Systems' Price To Book 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 To Book Ratio 1.70  0.98 

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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.