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IST:FORTE's PB Ratio is ranked worse than 56.15% of 2636
companies
in the Software industry
Industry Median: 2.37
vs IST:FORTE: 2.69
During the past 12 months, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's average Book Value Per Share Growth Rate was 236.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 108.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 124.10% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS was 153.30% per year. The lowest was 108.10% per year. And the median was 139.50% per year.
Back to Basics: PB Ratio
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS PB Ratio Related Terms
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS PB Ratio Historical Data
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS PB Ratio Chart
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS PB Ratio vs Software Industry
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS PB Ratio Calculation
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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a PB Ratio of 2.69 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. This is 44% below median its historical median of 4.80. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's PB Ratio has ranged from 2.19 to 7.51. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1480 out of 2636 companies in the Software industry, placing it in the top 56.1%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's PB Ratio too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current PB Ratio of 2.69 is 44% below median its 10-year median of 4.80. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 7.51. The Software industry median PB Ratio is 2.37. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.69 is 13.5% above this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1480 out of 2636 companies in the Software industry, which is below the industry midpoint. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1480 out of 2636 companies for PB Ratio. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the lower half of its industry. The industry median PB Ratio is 2.37. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 2.69 is 13.5% above this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own PB Ratio has ranged from 2.19 to 7.51 over the past decade. While the company's 10-year median is 4.80 vs. the industry median of 2.37, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has consistently been above 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 Software company?
The median PB Ratio among Software companies is 2.37, based on 2,636 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current PB Ratio of 2.69 is 13.5% above 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current PB Ratio is 2.69, which is 44% below median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current PB Ratio of 2.69. The current PB Ratio is 2.69, which is 44% below median its 10-year median of 4.80 and 13.5% above the Software industry median of 2.37. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current PB Ratio is 2.69 as of Jul. 21, 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score
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