Formula Systems (1985) (Formula Systems (1985)) Book Value per Share : $38.12 (As of Sep. 2023)

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What is Formula Systems (1985) Book Value per Share?

Formula Systems (1985)'s book value per share for the quarter that ended in Sep. 2023 was $38.12.

During the past 12 months, Formula Systems (1985)'s average Book Value Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% 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 Formula Systems (1985) was 14.30% per year. The lowest was -13.20% per year. And the median was 5.05% per year.

Formula Systems (1985)'s current price is $74.80. Its book value per share for the quarter that ended in Sep. 2023 was $38.12. Hence, today's PB Ratio of Formula Systems (1985) is 1.96.

During the past 13 years, the highest P/B Ratio of Formula Systems (1985) was 3.04. The lowest was 0.86. And the median was 1.63.

Formula Systems (1985) Book Value per Share Historical Data

The historical data trend for Formula Systems (1985)'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.

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Formula Systems (1985) Book Value per Share Chart

Formula Systems (1985) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Book Value per Share

Get a 7-Day Free Trial

27.57

32.90

35.37

36.03

40.39

Formula Systems (1985) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Book Value per Share	Get a 7-Day Free Trial															36.03	36.81	37.57	38.12	40.37

Competitive Comparison of Formula Systems (1985)'s Book Value per Share

For the Information Technology Services subindustry, Formula Systems (1985)'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.

Formula Systems (1985)'s PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Formula Systems (1985)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Formula Systems (1985)'s PB Ratio falls into.

Formula Systems (1985) Book Value per Share Calculation

Formula Systems (1985)'s Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(552	-	0)	/	15
	=	36.03

Formula Systems (1985)'s Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(583	-	0)	/	15
	=	38.12

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Formula Systems (1985) (NAS:FORTY) 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.

Formula Systems (1985) Book Value per Share Related Terms

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Formula Systems (1985) (Formula Systems (1985)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (NAS:FORTY) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

FORTY:Israel FSY:Germany FSY:Germany

Address

Yahadut Canada 1 Street, Or Yehuda, Tel Aviv, ISR, 6037501

Website

https://www.formulasystems.com

Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into three primary segments based on the subsidiary. The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.