Forrester ResearchFORR +7.81%60 PB Ratio is 1.44 as of Jun. 24, 2026, which is 67% below its 10-year median of 4.31. GuruFocus rates FORR with a GF Score™ of 60/100 and a GF Value™ of $13.73 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,049 Business Services companies, Forrester Research ranks better than 59.2% on this metric.
Forrester Research Inc stock PB Ratio (=1.33) is close to 1-year high of 1.33.
The historical rank and industry rank for Forrester Research's PB Ratio or its related term are showing as below:
FORR'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 4.31 Max: 6.6
Current: 1.44
During the past 13 years, Forrester Research's highest PB Ratio was 6.60. The lowest was 0.77. And the median was 4.31.
FORR's PB Ratio is ranked better than 59.2% of 1049
companies
in the Business Services industry
Industry Median: 1.62
vs FORR: 1.44
During the past 12 months, Forrester Research's average Book Value Per Share Growth Rate was -28.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -17.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Forrester Research was 195.30% per year. The lowest was -18.70% per year. And the median was 4.60% per year.
Back to Basics: PB Ratio
Forrester Research (NAS:FORR) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Forrester Research PB Ratio Related Terms
Forrester Research PB Ratio Historical Data
* Premium members only.
The historical data trend for Forrester Research's PB Ratio 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.
For the Consulting Services subindustry, Forrester Research'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.
Forrester Research PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Forrester Research's PB Ratio distribution charts can be found below:
* The bar in red indicates where Forrester Research's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Forrester Research (FORR) has a PB Ratio of 1.44 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Forrester Research and its competitors. This is 67% below median its historical median of 4.31. Over the past decade, Forrester Research's PB Ratio has ranged from 0.77 to 6.60. According to the industry distribution chart, Forrester Research ranks #428 out of 1049 companies in the Business Services industry, placing it in the top 40.8%.
Is Forrester Research's PB Ratio too high?
Forrester Research's current PB Ratio of 1.44 is 67% below median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 6.60. The Business Services industry median PB Ratio is 1.62. Forrester Research's value of 1.44 is 11.1% below this industry median. Based on the distribution chart, Forrester Research ranks #428 out of 1049 companies in the Business Services industry, which is above the industry midpoint. Overall, Forrester Research has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forrester Research's PB Ratio compare to RGP and GLAI?
According to the Business Services industry distribution chart, Forrester Research ranks #428 out of 1049 companies for PB Ratio. This puts Forrester Research in the upper half of its industry. The industry median PB Ratio is 1.62. Forrester Research's value of 1.44 is 11.1% below this benchmark. Historically, Forrester Research's own PB Ratio has ranged from 0.77 to 6.60 over the past decade. While the company's 10-year median is 4.31 vs. the industry median of 1.62, Forrester Research has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Business Services company?
The median PB Ratio among Business Services companies is 1.62, based on 1,049 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forrester Research's current PB Ratio of 1.44 is 11.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Forrester Research and its competitors. For the Business Services industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forrester Research's current PB Ratio is 1.44, which is 67% below median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forrester Research stock overvalued right now?
Based on GuruFocus' analysis, Forrester Research (FORR) is currently considered Possible Value Trap. The stock's GF Value™ is $13.73, compared to a current price of $7.94 — trading 42.2% below its estimated fair value. The current PB Ratio is 1.44, which is 67% below median its 10-year median of 4.31 and 11.1% below the Business Services industry median of 1.62. Forrester Research's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Forrester Research (FORR), the current PB Ratio is 1.44 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forrester Research (FORR) Overvalued in 2026?
Based on GuruFocus' analysis, Forrester Research stock appears to be undervalued.
The current stock price of $7.94 is trading 42.2% below its estimated GF Value™ of $13.73.
GuruFocus considers Forrester Research to be Possible Value Trap.
Key valuation signals for FORR:
PB Ratio: 1.44 (67% below median its 10-year median of 4.31)
GF Value™: $13.73 vs. price of $7.94 (42.2% below fair value)
Industry Position: 11.1% below the Business Services median (#428 of 1049)
No single metric tells the full story. See the FORR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forrester Research Inc provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.
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