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Forum EngineeringTSE:7088 59 PB Ratio is 6.43 as of Jul. 18, 2026, which is 176% above its 10-year median of 2.33. GuruFocus rates TSE:7088 with a GF Score™ of 59/100 and a GF Value™ of 円1,034.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,047 Business Services companies, Forum Engineering ranks worse than 91.79% on this metric.
Forum Engineering Inc stock PB Ratio (=6.43) is close to 10-year high of 6.96.
The historical rank and industry rank for Forum Engineering's PB Ratio or its related term are showing as below:
TSE:7088'
s PB Ratio Range Over the Past 10 Years
Min: 1.24 Med: 2.33 Max: 6.96
Current: 6.43
During the past 8 years, Forum Engineering's highest PB Ratio was 6.96. The lowest was 1.24. And the median was 2.33.
TSE:7088's PB Ratio is ranked worse than 91.79% of 1047
companies
in the Business Services industry
Industry Median: 1.66
vs TSE:7088: 6.43
During the past 12 months, Forum Engineering's average Book Value Per Share Growth Rate was 7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Forum Engineering was 4.80% per year. The lowest was -1.40% per year. And the median was 1.80% per year.
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.
Forum Engineering PB Ratio Related Terms
Forum Engineering PB Ratio Historical Data
* Premium members only.
The historical data trend for Forum Engineering'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 Staffing & Employment Services subindustry, Forum Engineering'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.
Forum Engineering PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Forum Engineering's PB Ratio distribution charts can be found below:
* The bar in red indicates where Forum Engineering'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.
Forum Engineering (TSE:7088) has a PB Ratio of 6.43 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Forum Engineering and its competitors. This is 176% above median its historical median of 2.33. Over the past decade, Forum Engineering's PB Ratio has ranged from 1.24 to 6.96. According to the industry distribution chart, Forum Engineering ranks #961 out of 1047 companies in the Business Services industry, placing it in the top 91.8%.
Is Forum Engineering's PB Ratio too high?
Forum Engineering's current PB Ratio of 6.43 is 176% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 6.96. The Business Services industry median PB Ratio is 1.66. Forum Engineering's value of 6.43 is 287.3% above this industry median. Based on the distribution chart, Forum Engineering ranks #961 out of 1047 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Forum Engineering has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forum Engineering's PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Forum Engineering ranks #961 out of 1047 companies for PB Ratio. This places Forum Engineering in the lower half of its industry. The industry median PB Ratio is 1.66. Forum Engineering's value of 6.43 is 287.3% above this benchmark. Historically, Forum Engineering's own PB Ratio has ranged from 1.24 to 6.96 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.66, Forum Engineering 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,047 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. Forum Engineering's current PB Ratio of 6.43 is 287.3% 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 Forum Engineering and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Engineering's current PB Ratio is 6.43, which is 176% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Engineering stock overvalued right now?
Based on GuruFocus' analysis, Forum Engineering (TSE:7088) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,034.36, compared to a current price of 円1,699.00 — trading 64.3% above its estimated fair value. The current PB Ratio is 6.43, which is 176% above median its 10-year median of 2.33 and 287.3% above the Business Services industry median of 1.66. Forum Engineering's overall GF Score™ is 59/100 with 6 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 Forum Engineering (TSE:7088), the current PB Ratio is 6.43 as of Jul. 18, 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 Forum Engineering (TSE:7088) Overvalued in 2026?
Based on GuruFocus' analysis, Forum Engineering stock appears to be overvalued.
The current stock price of 円1,699.00 is trading 64.3% above its estimated GF Value™ of 円1,034.36.
GuruFocus considers Forum Engineering to be Significantly Overvalued.
Key valuation signals for TSE:7088:
PB Ratio: 6.43 (176% above median its 10-year median of 2.33)
GF Value™: 円1,034.36 vs. price of 円1,699.00 (64.3% above fair value)
Industry Position: 287.3% above the Business Services median (#961 of 1047)
No single metric tells the full story. See the TSE:7088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college.
59GF Score
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