Formula Tangible Book Value Per Share from 2010 to 2024

FORTY Stock  USD 94.75  1.28  1.37%   
Formula Systems Tangible Book Value Per Share yearly trend continues to be fairly stable with very little volatility. Tangible Book Value Per Share is likely to outpace its year average in 2024. During the period from 2010 to 2024, Formula Systems Tangible Book Value Per Share regression line of annual values had significance of  0.05 and arithmetic mean of  8.01. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
10.56809235
Current Value
12.17
Quarterly Volatility
7.48903098
 
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' Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Formula Systems 1985 over the last few years. It is Formula Systems' Tangible Book Value Per Share 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.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Formula Tangible Book Value Per Share Regression Statistics

Arithmetic Mean8.01
Coefficient Of Variation93.46
Mean Deviation6.47
Median6.77
Standard Deviation7.49
Sample Variance56.09
Range24.0926
R-Value(0.52)
Mean Square Error43.89
R-Squared0.27
Significance0.05
Slope(0.88)
Total Sum of Squares785.20

Formula Tangible Book Value Per Share History

2024 12.17
2023 10.57
2022 1.98
2021 0.33
2020 0.88
2019 0.27
2018 0.89

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula Systems' Tangible Book Value Per Share, 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
Tangible Book Value Per Share 10.57  12.17 

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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.