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Forest Laboratories Inc (NYSE:FRX)
Price to Tangible Book Ratio
0.00 (As of Today)

As of today, Forest Laboratories Inc's share price is $99.00. Forest Laboratories Inc's Tangible Book Value per Share of Mar. 2014 for the quarter that ended in Mar. 2014 was $-0.16. Hence, Forest Laboratories Inc's Price to Tangible Book Ratio of today is 0.00.

FRX' s 10-Year Price to Tangible Book Range
Min: 1.84   Max: 11.8
Current: 0

1.84
11.8

During the past 13 years, Forest Laboratories Inc's highest Price to Tangible Book Ratio was 11.80. The lowest was 1.84. And the median was 4.55.

FRX's Price to Tangible Bookis ranked higher than
52% of the 836 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 6.00 vs. FRX: 0.00 )

A closely related ratio is called P/B Ratio. As of today, Forest Laboratories Inc's share price is $99.00. Forest Laboratories Inc's Book Value per Share for the quarter that ended in Mar. 2014 was $22.75. Hence, Forest Laboratories Inc's P/B Ratio of today is 4.35.


Definition

Forest Laboratories Inc's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book Value per Share (Q: Mar. 2014 )
=99.00/-0.16
=

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Equity-Preferred Stock-Intangibles)

A closely related ratio is called P/B Ratio. The difference between Price-to-Tangible-Book Ratio and P/B 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.


Related Terms

P/B Ratio, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Forest Laboratories Inc Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
p2tangible_book 4.555.895.773.931.842.151.943.223.490.00

Forest Laboratories Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
p2tangible_book 2.643.223.183.273.363.493.703.715.040.00
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