Formula Systems (FORTY)

16.00 -0.22  -1.36%  May 25, 11:00PM Go Pro
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Formula Systems Price / Book Value: 0.6177

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FORTY Price / Book Value Rankings

Overall 87th percentile 530 of 4242
Sector 89th percentile 81 of 797 in Technology
Industry 94th percentile 3 of 57 in Business Software & Services

FORTY Price / Book Value Range, Past 5 Years

Minimum 0.2274 Mar 2009
Maximum 1.131 Jun 2007
Average 0.6297

About Price to Book Ratio

The price to book value is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value (not market value). In other words, book value is the company's total tangible assets less its total liabilities.

The ratio has two calculation methods. In the first way, the company's market capitalization is divided by the company's total book value from its balance sheet. The second way, using per-share values, is to divide the company's current share price by the book value per share. In general, a low price to book value indicates that a stock is undervalued and thus more desirable.

In theory, if you purchased stock with a price to book value less than 1 and the company immediately went bankrupt, you would gain money on your investment. In reality, this may not be true since there are times when liquidation value, or the price at which a company's assets can be sold, is less than the book value of those assets.
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FORTY News

Magic Announces Filing of 2011 Annual Report
Apr 03, 12:26PM PR Newswire
Sapiens signs $27M 4-year frame agreement
Nov 27, 11:41AM FlyOnTheWall
Watch $FORTY expanding revenue and returns nicely and stock is on fire over past 6 months
about 872 days ago by cep15

Recent Quotes

Symbol Price Chg Chg % Market Cap
FORTY 16.00 -0.22 -1.36% 226.24M
FNSR 14.91 +0.32 +2.19% 1.325B
FNLC 14.06 -0.08 -0.57% 138.21M
FNK 19.70 +0.16 +0.82%
FNIO 26.98 +0.04 +0.14%
FNI 18.97 +0.41 +2.21%
FNGN 21.16 +0.25 +1.20% 962.07M
FNF 19.21 +0.27 +1.43% 4.197B
FNBND 18.72 -0.22 -1.16%
FNBN 18.45 -0.27 -1.44% 394.99M
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