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Forge Global Holdings (Forge Global Holdings) Price-to-Tangible-Book : 2.50 (As of Apr. 26, 2024)


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What is Forge Global Holdings Price-to-Tangible-Book?

As of today (2024-04-26), Forge Global Holdings's share price is $1.89. Forge Global Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.76. Hence, Forge Global Holdings's Price to Tangible Book Ratio of today is 2.50.

The historical rank and industry rank for Forge Global Holdings's Price-to-Tangible-Book or its related term are showing as below:

FRGE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.61   Med: 3.08   Max: 4.54
Current: 2.49

During the past 5 years, Forge Global Holdings's highest Price to Tangible Book Ratio was 4.54. The lowest was 1.61. And the median was 3.08.

FRGE's Price-to-Tangible-Book is ranked better than
62.57% of 2089 companies
in the Software industry
Industry Median: 3.57 vs FRGE: 2.49

A closely related ratio is called PB Ratio. As of today, Forge Global Holdings's share price is $1.89. Forge Global Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.49. Hence, Forge Global Holdings's P/B Ratio of today is 1.27.


Forge Global Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Forge Global Holdings'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.

* Premium members only.

Forge Global Holdings Price-to-Tangible-Book Chart

Forge Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 1.61 4.54

Forge Global Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.83 2.79 2.46 4.54

Competitive Comparison of Forge Global Holdings's Price-to-Tangible-Book

For the Software - Application subindustry, Forge Global Holdings'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.


Forge Global Holdings's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Forge Global Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Forge Global Holdings's Price-to-Tangible-Book falls into.



Forge Global Holdings Price-to-Tangible-Book Calculation

Forge Global Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.89/0.756
=2.50

* 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.


Forge Global Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Forge Global Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Forge Global Holdings (Forge Global Holdings) Business Description

Traded in Other Exchanges
N/A
Address
415 Mission Street, Suite 5510, San Francisco, CA, USA, 94105
Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.
Executives
Kelly Rodriques director, officer: Chief Executive Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christoph Hansmeyer director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Johnathan H Short officer: Chief Legal Officer 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Asiff S Hirji director 250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Herbert James H. Ii director 1230 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10020
Ashwin Kumar director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Stephen J. George director 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Jose Cobos officer: Chief Operating Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Borse Ag Deutsche 10 percent owner
Mark P Lee officer: Chief Financial Officer 415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Steven J. Mclaughlin director 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Kristy Trieste director, officer: CFO and Director C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor, Llc 10 percent owner 7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Stephen C. Daffron director C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708