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Forestar GroupFOR +0.33%83 Price-to-Tangible-Book is 0.80 as of Aug. 13, 2026, which is 18% below its 10-year median of 0.98. GuruFocus rates FOR with a GF Score™ of 83/100 and a GF Value™ of $30.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,680 Real Estate companies, Forestar Group ranks better than 52.2% on this metric.
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.
Forestar Group Price-to-Tangible-Book Related Terms
Forestar Group Price-to-Tangible-Book Historical Data
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The historical data trend for Forestar Group'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.
FOR vs CCS, FPH, SKYH: Price-to-Tangible-Book Comparison
For the Real Estate - Development subindustry, Forestar Group'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.
Forestar Group Price-to-Tangible-Book vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Forestar Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Forestar Group's Price-to-Tangible-Book falls into.
* 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.
Forestar Group (FOR) has a Price-to-Tangible-Book of 0.80 as of Aug. 13, 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 Forestar Group and its competitors. This is 18% below median its historical median of 0.98. Over the past decade, Forestar Group's Price-to-Tangible-Book has ranged from 0.46 to 1.53. According to the industry distribution chart, Forestar Group ranks #803 out of 1680 companies in the Real Estate industry, placing it in the top 47.8%.
Is Forestar Group's Price-to-Tangible-Book too high?
Forestar Group's current Price-to-Tangible-Book of 0.80 is 18% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.53. The Real Estate industry median Price-to-Tangible-Book is 0.84. Forestar Group's value of 0.80 is 4.8% below this industry median. Based on the distribution chart, Forestar Group ranks #803 out of 1680 companies in the Real Estate industry, which is above the industry midpoint. Overall, Forestar Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forestar Group's Price-to-Tangible-Book compare to CCS and FPH?
According to the Real Estate industry distribution chart, Forestar Group ranks #803 out of 1680 companies for Price-to-Tangible-Book. This puts Forestar Group in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.84. Forestar Group's value of 0.80 is 4.8% below this benchmark. Historically, Forestar Group's own Price-to-Tangible-Book has ranged from 0.46 to 1.53 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.84, Forestar Group 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 Price-to-Tangible-Book for a Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.84, based on 1,680 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. Forestar Group's current Price-to-Tangible-Book of 0.80 is 4.8% 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 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 Forestar Group and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forestar Group's current Price-to-Tangible-Book is 0.80, which is 18% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forestar Group stock overvalued right now?
Based on GuruFocus' analysis, Forestar Group (FOR) is currently considered Fairly Valued. The stock's GF Value™ is $30.11, compared to a current price of $29.29 — trading 2.7% below its estimated fair value. The current Price-to-Tangible-Book is 0.80, which is 18% below median its 10-year median of 0.98 and 4.8% below the Real Estate industry median of 0.84. Forestar Group's overall GF Score™ is 83/100 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 Forestar Group (FOR), the current Price-to-Tangible-Book is 0.80 as of Aug. 13, 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 Forestar Group (FOR) Overvalued in 2026?
Based on GuruFocus' analysis, Forestar Group stock appears to be undervalued.
The current stock price of $29.29 is trading 2.7% below its estimated GF Value™ of $30.11.
GuruFocus considers Forestar Group to be Fairly Valued.
Key valuation signals for FOR:
Price-to-Tangible-Book: 0.80 (18% below median its 10-year median of 0.98)
GF Value™: $30.11 vs. price of $29.29 (2.7% below fair value)
Industry Position: 4.8% below the Real Estate median (#803 of 1680)
No single metric tells the full story. See the FOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forestar Group Inc is a residential lot development company engaged in land acquisition and development for the sale of finished single-family residential lots to local, regional, and national homebuilders. The company operates through a single real estate segment, which acquires land, installs infrastructure for residential communities, and generates all revenue from lot sales. Its communities mainly support entry-level, first-time move-up, and active-adult homes, with certain communities also marketed to build-to-rent operators. The company generally invests in entitled, short-duration projects that can be developed in phases to align lot production with market demand and support efficient capital deployment.
83GF Score
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