Forbo Holding AG (XSWX:FORN) Price-to-Tangible-Book

: 3.12 (As of Today)

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As of today (2024-04-19), Forbo Holding AG's share price is CHF1054.00. Forbo Holding AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was CHF337.30. Hence, Forbo Holding AG's Price to Tangible Book Ratio of today is 3.12.

The historical rank and industry rank for Forbo Holding AG's Price-to-Tangible-Book or its related term are showing as below:

XSWX:FORN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.12 Med: 4.55 Max: 6.25
Current: 3.12

During the past 13 years, Forbo Holding AG's highest Price to Tangible Book Ratio was 6.25. The lowest was 3.12. And the median was 4.55.

XSWX:FORN's Price-to-Tangible-Book is ranked worse than
76.47% of 1496 companies
in the Construction industry
Industry Median: 1.32 vs XSWX:FORN: 3.12

A closely related ratio is called PB Ratio. As of today, Forbo Holding AG's share price is CHF1054.00. Forbo Holding AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was CHF393.43. Hence, Forbo Holding AG's P/B Ratio of today is 2.68.

Forbo Holding AG Price-to-Tangible-Book Historical Data

The historical data trend for Forbo Holding AG'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.

Forbo Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.64

4.11

6.25

3.30

3.12

Forbo Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book																6.25	3.40	3.30	3.33	3.12

Competitive Comparison

For the Building Products & Equipment subindustry, Forbo Holding AG'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.

Forbo Holding AG Price-to-Tangible-Book Distribution

For the Construction industry and Industrials sector, Forbo Holding AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Forbo Holding AG's Price-to-Tangible-Book falls into.

Forbo Holding AG Price-to-Tangible-Book Calculation

Forbo Holding AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1054.00	/	337.298
	=	3.12

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Forbo Holding AG Price-to-Tangible-Book Related Terms

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

Forbo Holding AG (XSWX:FORN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forbo Holding AG (XSWX:FORN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FORNz:UK

Address

Lindenstrasse 8, P.O. Box 1339, Baar, CHE, CH-6341

Website

https://www.forbo.com

Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe.

Forbo Holding AG (XSWX:FORN) Headlines

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