The historical rank and industry rank for Forward Industries's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Forward Industries's highest Price to Tangible Book Ratio was 7.14. The lowest was 0.85. And the median was 1.97.
FORD's Price-to-Tangible-Book is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.32 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Forward Industries Price-to-Tangible-Book Historical Data
The historical data trend for Forward Industries's Price-to-Tangible-Book 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 Price-to-Tangible-Book
For the Footwear & Accessories subindustry, Forward Industries's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Forward Industries's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Forward Industries's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Forward Industries Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Forward Industries's Price-to-Tangible-Book 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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