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Forbo Holding AGXSWX:FORN -1.14%69 Price-to-Tangible-Book is 2.34 as of Aug. 16, 2026, which is 36% below its 10-year median of 3.67. GuruFocus rates XSWX:FORN with a GF Score™ of 69/100 and a GF Value™ of CHF807.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,597 Construction companies, Forbo Holding AG ranks worse than 65.75% 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.
Forbo Holding AG Price-to-Tangible-Book Related Terms
Forbo Holding AG Price-to-Tangible-Book Historical Data
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The historical data trend for Forbo Holding AG'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.
XSWX:FORN vs TT, JCI, CARR: Price-to-Tangible-Book Comparison
For the Building Products & Equipment subindustry, Forbo Holding AG'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.
Forbo Holding AG Price-to-Tangible-Book vs Construction Industry
For the Construction industry and Industrials sector, Forbo Holding AG's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Forbo Holding AG'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.
Forbo Holding AG (XSWX:FORN) has a Price-to-Tangible-Book of 2.34 as of Aug. 16, 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 Forbo Holding AG and its competitors. This is 36% below median its historical median of 3.67. Over the past decade, Forbo Holding AG's Price-to-Tangible-Book has ranged from 1.83 to 6.25. According to the industry distribution chart, Forbo Holding AG ranks #1050 out of 1597 companies in the Construction industry, placing it in the top 65.7%.
Is Forbo Holding AG's Price-to-Tangible-Book too high?
Forbo Holding AG's current Price-to-Tangible-Book of 2.34 is 36% below median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 6.25. The Construction industry median Price-to-Tangible-Book is 1.45. Forbo Holding AG's value of 2.34 is 61.4% above this industry median. Based on the distribution chart, Forbo Holding AG ranks #1050 out of 1597 companies in the Construction industry, which is below the industry midpoint. Overall, Forbo Holding AG has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forbo Holding AG's Price-to-Tangible-Book compare to TT and JCI?
According to the Construction industry distribution chart, Forbo Holding AG ranks #1050 out of 1597 companies for Price-to-Tangible-Book. This places Forbo Holding AG in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.45. Forbo Holding AG's value of 2.34 is 61.4% above this benchmark. Historically, Forbo Holding AG's own Price-to-Tangible-Book has ranged from 1.83 to 6.25 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.45, Forbo Holding AG 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 Price-to-Tangible-Book for a Construction company?
The median Price-to-Tangible-Book among Construction companies is 1.45, based on 1,597 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. Forbo Holding AG's current Price-to-Tangible-Book of 2.34 is 61.4% 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 Forbo Holding AG and its competitors. For the Construction industry, the median Price-to-Tangible-Book is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbo Holding AG's current Price-to-Tangible-Book is 2.34, which is 36% below median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbo Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Forbo Holding AG (XSWX:FORN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF807.96, compared to a current price of CHF953.00 — trading 18% above its estimated fair value. The current Price-to-Tangible-Book is 2.34, which is 36% below median its 10-year median of 3.67 and 61.4% above the Construction industry median of 1.45. Forbo Holding AG's overall GF Score™ is 69/100 with 8 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 Forbo Holding AG (XSWX:FORN), the current Price-to-Tangible-Book is 2.34 as of Aug. 16, 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 Forbo Holding AG (XSWX:FORN) Overvalued in 2026?
Based on GuruFocus' analysis, Forbo Holding AG stock appears to be overvalued.
The current stock price of CHF953.00 is trading 18% above its estimated GF Value™ of CHF807.96.
GuruFocus considers Forbo Holding AG to be Modestly Overvalued.
Key valuation signals for XSWX:FORN:
Price-to-Tangible-Book: 2.34 (36% below median its 10-year median of 3.67)
GF Value™: CHF807.96 vs. price of CHF953.00 (18% above fair value)
Industry Position: 61.4% above the Construction median (#1050 of 1597)
No single metric tells the full story. See the XSWX:FORN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe, and also has its presence in Americas and Asia/Pacific and Africa.
69GF Score
Get the complete analysis for XSWX:FORN
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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