FORTY
Price:
$93.35
Market Cap:
$1.41B
Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, and computer infrastructure and integration solutions worldwide. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; and database and big data services. It also provides customer relations management, computer systems management infrastructures, web world content management, database and data warehouse mining, application integration, database and system, data management, and software development ...[Read more]
Industry
Information Technology Services
IPO Date
1997-10-20
Stock Exchange
NASDAQ
Ticker
FORTY
According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 19.33. This represents a change of 56.91% compared to the average of 12.32 of the last 4 quarters.
The mean historical PE Ratio of Formula Systems (1985) Ltd. over the last ten years is 18.08. The current 19.33 PE Ratio has changed 10.59% with respect to the historical average. Over the past ten years (40 quarters), FORTY's PE Ratio was at its highest in in the June 2017 quarter at 2.04K. The PE Ratio was at its lowest in in the September 2024 quarter at 0.
Average
18.08
Median
14.92
Minimum
4.10
Maximum
55.63
Discovering the peaks and valleys of Formula Systems (1985) Ltd. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 380.97%
Maximum Annual PE Ratio = 55.63
Minimum Annual Increase = -68.79%
Minimum Annual PE Ratio = 4.10
Year | PE Ratio | Change |
---|---|---|
2023 | 16.62 | 200.12% |
2022 | 5.54 | -58.10% |
2021 | 13.22 | 12.69% |
2020 | 11.73 | 5.30% |
2019 | 11.14 | -35.84% |
2018 | 17.36 | -68.79% |
2017 | 55.63 | 116.31% |
2016 | 25.72 | 30.31% |
2015 | 19.73 | 380.97% |
2014 | 4.10 | -10.24% |
The current PE Ratio of Formula Systems (1985) Ltd. (FORTY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
11.79
5-year avg
11.65
10-year avg
18.08
Formula Systems (1985) Ltd.’s PE Ratio is greater than CSP Inc. (-428.91), greater than Nayax Ltd. (-93.55), greater than Information Services Group, Inc. (-53.05), greater than Alithya Group Inc. (-48.09), less than Computer Task Group, Incorporated (0), greater than Startek, Inc. (-156.33), greater than The Hackett Group, Inc. (-10.07), less than Clarivate Plc (24.79), greater than null (-2.78),
Company | PE Ratio | Market cap |
---|---|---|
-428.91 | $149.67M | |
-93.55 | $1.00B | |
-53.05 | $163.41M | |
-48.09 | $110.31M | |
0 | $168.99M | |
-156.33 | $178.33M | |
-10.07 | $839.12M | |
24.79 | $4.12B | |
-2.78 | $0 |
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