Formula Price Book Value Ratio from 2010 to 2024

FORTY Stock  USD 74.80  0.20  0.27%   
Formula Systems Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio will likely drop to 1.07 in 2024. During the period from 2010 to 2024, Formula Systems Price Book Value Ratio regression line of annual values had r-squared of  0.25 and arithmetic mean of  1.61. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
1.5966351
Current Value
1.07
Quarterly Volatility
0.76540652
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.9 M, Interest Expense of 29.8 M or Total Revenue of 2.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0219 or PTB Ratio of 1.07. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
This module can also supplement various Formula Systems Technical models . Check out the analysis of Formula Systems Correlation against competitors.

Latest Formula Systems' Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Formula Systems 1985 over the last few years. It is Formula Systems' Price Book Value 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 Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Formula Price Book Value Ratio Regression Statistics

Arithmetic Mean1.61
Geometric Mean1.47
Coefficient Of Variation47.48
Mean Deviation0.57
Median1.56
Standard Deviation0.77
Sample Variance0.59
Range2.7
R-Value0.50
Mean Square Error0.47
R-Squared0.25
Significance0.05
Slope0.09
Total Sum of Squares8.20

Formula Price Book Value Ratio History

2023 1.6
2022 1.96
2021 3.5
2020 2.6
2019 2.46
2018 1.46
2017 1.71

About Formula Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Formula Systems income statement, its balance sheet, and the statement of cash flows. Formula Systems investors use historical funamental indicators, such as Formula Systems's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Formula Systems investors may use each financial statement separately, they are all related. The changes in Formula Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Formula Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Formula Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 1.60  1.07 

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When determining whether Formula Systems 1985 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formula Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Formula Systems 1985 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Formula Systems 1985 Stock:
Check out the analysis of Formula Systems Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary 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.
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Is Formula Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Formula Systems. If investors know Formula will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Formula Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.04
Dividend Share
1.277
Earnings Share
4.07
Revenue Per Share
171.285
Quarterly Revenue Growth
0.01
The market value of Formula Systems 1985 is measured differently than its book value, which is the value of Formula that is recorded on the company's balance sheet. Investors also form their own opinion of Formula Systems' value that differs from its market value or its book value, called intrinsic value, which is Formula Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Formula Systems' market value can be influenced by many factors that don't directly affect Formula Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Formula Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formula Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formula Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.