Formula Systems (1985) (FORTY) Price to Book (2009 - 2026)
Formula Systems (1985)'s (FORTY) quarterly Price to Book came in at 0.94 in Q2 2026, down 29.48% on a YoY basis from 1.34 in Q2 2025, and up 1.89% quarter-over-quarter from 0.93 in Q1 2026.
Analysis
Formula Systems (1985) (FORTY) Price to Book (2009 - 2026) Analysis & Trends
Formula Systems (1985) (FORTY) has reported Price to Book for 18 consecutive years, with 0.94 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book fell 29.48% year-over-year to 0.94; the trailing twelve-month figure through Jun 2026 stood at 0.94 (down 29.48% YoY), and the FY2025 full-year result was 1.44, up 46.66% from the prior year.
- Price to Book rose to 0.94 in Q2 2026 per FORTY's latest filing, from 0.93 in the prior quarter.
- Across five years, Price to Book topped out at 1.44 in Q4 2025 and bottomed at 0.77 in Q4 2023.
- Historically, Price to Book has averaged 1.04 across 5 years, with a median of 0.96 in 2024.
- The sharpest annual moves came in 2022 and 2025: Price to Book tumbled 42.59% in 2022, then soared 60.98% in 2025.
- Over 5 years, Price to Book stood at 0.92 in 2022, then fell by 17.03% to 0.77 in 2023, then rose by 28.31% to 0.98 in 2024, then soared by 46.66% to 1.44 in 2025, then slumped by 34.43% to 0.94 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 0.94, 0.93, and 1.44 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.94 |
| Mar 31, 2026 | 0.93 |
| Dec 31, 2025 | 1.44 |
| Sep 30, 2025 | 1.36 |
| Jun 30, 2025 | 1.34 |
| Mar 31, 2025 | 1.00 |
| Dec 31, 2024 | 0.98 |
| Sep 30, 2024 | 0.90 |
| Jun 30, 2024 | 0.83 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | 0.77 |
| Sep 30, 2023 | 0.94 |
| Jun 30, 2023 | 0.93 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.92 |
| Sep 30, 2022 | 1.10 |
| Jun 30, 2022 | 1.22 |
| Mar 31, 2022 | 1.31 |
| Dec 31, 2021 | 1.61 |
| Sep 30, 2021 | 1.32 |