Forward Industries's book value per share for the quarter that ended in Dec. 2023 was $0.23.
During the past 12 months, Forward Industries's average Book Value Per Share Growth Rate was -60.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -26.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -20.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -9.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Forward Industries was 66.10% per year. The lowest was -26.90% per year. And the median was -7.65% per year.
Forward Industries's current price is $0.535. Its book value per share for the quarter that ended in Dec. 2023 was $0.23. Hence, today's PB Ratio of Forward Industries is 2.33.
During the past 13 years, the highest P/B Ratio of Forward Industries was 5.80. The lowest was 0.79. And the median was 1.54.
Forward Industries Book Value per Share Historical Data
The historical data trend for Forward Industries's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Forward Industries's Book Value per Share
For the Footwear & Accessories subindustry, Forward Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Forward Industries's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Forward Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Forward Industries's PB Ratio falls into.
Forward Industries Book Value per Share Calculation
Forward Industries's Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Forward Industries (NAS:FORD) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Forward Industries Book Value per Share Related Terms
Thank you for viewing the detailed overview of Forward Industries's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Forward Industries (Forward Industries) Business Description
Forward Industries Inc is a provider of carrying and protective solutions. It designs and distributes product protection for handheld electronic devices. Forward Industries sells soft-sided carrying cases for blood glucose diagnostic kits and portable consumer electronic devices such as smartphones, tablets, personal computers, notebooks, and global Positioning System devices. It operates in two segments, the OEM distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits and a variety of other portable electronic and non-electronic devices directly to OEMs; The design segment provides a full spectrum of hardware and software product design and engineering services. The majority of revenue is generated from the US.
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