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Forras Vagyonk (BUD:FORRAS.T) Price-to-Tangible-Book : 0.34 (As of Jun. 21, 2024)


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What is Forras Vagyonk Price-to-Tangible-Book?

As of today (2024-06-21), Forras Vagyonk's share price is Ft2000.00. Forras Vagyonk's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was Ft5,813.15. Hence, Forras Vagyonk's Price to Tangible Book Ratio of today is 0.34.

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

BUD:FORRAS.T' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.14   Med: 0.29   Max: 0.4
Current: 0.34

During the past 13 years, Forras Vagyonk's highest Price to Tangible Book Ratio was 0.40. The lowest was 0.14. And the median was 0.29.

BUD:FORRAS.T's Price-to-Tangible-Book is ranked better than
96.11% of 1618 companies
in the Asset Management industry
Industry Median: 0.94 vs BUD:FORRAS.T: 0.34

A closely related ratio is called PB Ratio. As of today, Forras Vagyonk's share price is Ft2000.00. Forras Vagyonk's Book Value per Sharefor the quarter that ended in Dec. 2023 was Ft6,579.04. Hence, Forras Vagyonk's P/B Ratio of today is 0.30.


Forras Vagyonk Price-to-Tangible-Book Historical Data

The historical data trend for Forras Vagyonk'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.

Forras Vagyonk Price-to-Tangible-Book Chart

Forras Vagyonk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.29 0.33 0.28 0.31

Forras Vagyonk 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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.23 0.28 0.30 0.31

Competitive Comparison of Forras Vagyonk's Price-to-Tangible-Book

For the Asset Management subindustry, Forras Vagyonk'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.


Forras Vagyonk's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Forras Vagyonk's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Forras Vagyonk's Price-to-Tangible-Book falls into.



Forras Vagyonk Price-to-Tangible-Book Calculation

Forras Vagyonk's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2000.00/5813.15
=0.34

* 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.


Forras Vagyonk Price-to-Tangible-Book Related Terms

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


Forras Vagyonk (BUD:FORRAS.T) Business Description

Traded in Other Exchanges
Address
Bartok Bela ut 152, Budapest, HUN, 1113
Forras Vagyonk operates in the asset management industry in Hungary. The activities of the company include sale of existing portfolio, secure money and real estate market operations, and service delivery.

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