Forsee Power (CHIX:ALFORP) Price-to-Tangible-Book: 377.81 (As of Sep. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:ALFORP Forsee Power SA CHIX:ALFORP
38 GF Score
Price €3.02
GF Value €4.67
! 6 Warning Signs
View Full Analysis

What is Forsee Power Price-to-Tangible-Book?

Forsee Power CHIX:ALFORP 38 Price-to-Tangible-Book is 377.81 as of Sep. 02, 2026. GuruFocus rates CHIX:ALFORP with a GF Score™ of 38/100 and a GF Value™ of €4.67. The stock has 6 warning signs investors should review. Among 1,248 Vehicles & Parts companies, Forsee Power ranks worse than 98.4% on this metric.

As of today (2026-09-02), Forsee Power's share price is €3.0225. Forsee Power's Tangible Book per Share of Dec. 2025 for the quarter that ended in Dec. 2025 was €0.01. Hence, Forsee Power's Price to Tangible Book Ratio of today is 377.81.

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

CHIX:ALFORp' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.1   Med: 5.7   Max: 35
Current: 21.59

During the past 9 years, Forsee Power's highest Price to Tangible Book Ratio was 35.00. The lowest was 2.10. And the median was 5.70.

CHIX:ALFORp's Price-to-Tangible-Book is ranked worse than
98.4% of 1248 companies
in the Vehicles & Parts industry
Industry Median: 1.59 vs CHIX:ALFORp: 21.59

A closely related ratio is called PB Ratio. As of today, Forsee Power's share price is €3.0225. Forsee Power's Book Value per Sharefor the quarter that ended in Dec. 2025 was €0.32. Hence, Forsee Power's P/B Ratio of today is 9.50.


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.


Forsee Power Price-to-Tangible-Book Related Terms


Forsee Power Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Forsee Power'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.

Forsee Power Price-to-Tangible-Book Chart

Forsee Power Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 5.59 6.14 6.22 15.11 377.81

Forsee Power Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.22 8.19 15.11 20.02 377.81

CHIX:ALFORP vs ORLY, AZO, GPC: Price-to-Tangible-Book Comparison

For the Auto Parts subindustry, Forsee Power'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.


Forsee Power Price-to-Tangible-Book vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Forsee Power's Price-to-Tangible-Book distribution charts can be found below:

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


CHIX:ALFORP
38GF Score
Forsee Power SA CHIX:ALFORP
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forsee Power Price-to-Tangible-Book Calculation

Forsee Power's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2025 )
=3.0225/0.008
=377.81

* 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 377.81 mean?
Forsee Power (CHIX:ALFORP) has a Price-to-Tangible-Book of 377.81 as of Sep. 02, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Forsee Power and its competitors. According to the industry distribution chart, Forsee Power ranks #1228 out of 1248 companies in the Vehicles & Parts industry, placing it in the top 98.4%.
Is Forsee Power's Price-to-Tangible-Book too high?
Forsee Power's current Price-to-Tangible-Book is 377.81. The Vehicles & Parts industry median Price-to-Tangible-Book is 1.59. Forsee Power's value of 377.81 is 23661.6% above this industry median. Based on the distribution chart, Forsee Power ranks #1228 out of 1248 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Forsee Power has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Forsee Power's Price-to-Tangible-Book compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forsee Power ranks #1228 out of 1248 companies for Price-to-Tangible-Book. This places Forsee Power in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.59. Forsee Power's value of 377.81 is 23661.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Vehicles & Parts company?
The median Price-to-Tangible-Book among Vehicles & Parts companies is 1.59, based on 1,248 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forsee Power's current Price-to-Tangible-Book of 377.81 is 23661.6% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Forsee Power and its competitors. For the Vehicles & Parts industry, the median Price-to-Tangible-Book is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forsee Power's current Price-to-Tangible-Book is 377.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forsee Power stock overvalued right now?
Forsee Power (CHIX:ALFORP) has a current Price-to-Tangible-Book of 377.81. The stock's GF Value™ is €4.67, compared to a current price of €3.02 — trading 35.3% below its estimated fair value. The current Price-to-Tangible-Book is 377.81 and 23661.6% above the Vehicles & Parts industry median of 1.59. Forsee Power's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Forsee Power (CHIX:ALFORP), the current Price-to-Tangible-Book is 377.81 as of Sep. 02, 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 Forsee Power (CHIX:ALFORP) Overvalued in 2026?

Based on GuruFocus' analysis, Forsee Power stock appears to be undervalued. The current stock price of €3.02 is trading 35.3% below its estimated GF Value™ of €4.67.

Key valuation signals for CHIX:ALFORP:

  • Price-to-Tangible-Book: 377.81
  • GF Value™: €4.67 vs. price of €3.02 (35.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 23661.6% above the Vehicles & Parts median (#1228 of 1248)

No single metric tells the full story. See the CHIX:ALFORP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forsee Power Business Description

Other Exchanges ALFOR:France4OY:Germany
Address 1 boulevard Hippolyte Marques, Ivry-sur-Seine, FRA, 94 200
Forsee Power SA is engaged in the designing and manufacturing of smart lithium-ion battery systems for the electromobility markets.
38GF Score

Get the complete analysis for CHIX:ALFORP

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.02
Price
€4.67
GF Value