Formula Systems (1985) Ltd.
FORTY
Price:
$82.73
Market Cap:
$1.27B
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
PE Ratio
[19.15]
ROE
[11.76%]
Current Ratio
[1.41]
Dividend Yield
[1.53%]
Enterprise Value
[1.48B]
Dividend History
The PE Ratio as of November 2024 (TTM) for Formula Systems (1985) Ltd. (FORTY) is 19.15
According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 19.15. This represents a change of 23.58% compared to the average of 15.50 of the last 4 quarters.
Formula Systems (1985) Ltd. (FORTY) Historical PE Ratio (quarterly & annually)
How has FORTY PE Ratio performed in the past?
The mean historical PE Ratio of Formula Systems (1985) Ltd. over the last ten years is 17.72. The current 19.15 PE Ratio has changed 10.71% 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 2.00K. The PE Ratio was at its lowest in in the June 2022 quarter at 4.77.
Average
17.72
Median
14.51
Minimum
4.10
Maximum
54.88
Formula Systems (1985) Ltd. (FORTY) PE Ratio by Quarter and Year
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 = 367.12%
Maximum Annual PE Ratio = 54.88
Minimum Annual Increase = -69.55%
Minimum Annual PE Ratio = 4.10
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 15.61 | 190.06% |
| 2022 | 5.38 | -59.85% |
| 2021 | 13.41 | 15.38% |
| 2020 | 11.62 | 3.83% |
| 2019 | 11.19 | -33.04% |
| 2018 | 16.71 | -69.55% |
| 2017 | 54.88 | 118.28% |
| 2016 | 25.14 | 31.23% |
| 2015 | 19.16 | 367.12% |
| 2014 | 4.10 | -8.89% |
Formula Systems (1985) Ltd. (FORTY) Average PE Ratio
How has FORTY PE Ratio performed in the past?
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
11.47
5-year avg
11.44
10-year avg
17.72
Formula Systems (1985) Ltd. (FORTY) PE Ratio vs. Peers
How is FORTY’s PE Ratio compared to its peers?
Formula Systems (1985) Ltd.’s PE Ratio is less than CSP Inc. (57.16), greater than Nayax Ltd. (-96.17), greater than Information Services Group, Inc. (-56.24), greater than Alithya Group Inc. (-7.97), 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 (25.24), greater than null (-2.93),
| Company | PE Ratio | Market cap |
|---|---|---|
| 57.16 | $167.74M | |
| -96.17 | $1.01B | |
| -56.24 | $173.23M | |
| -7.97 | $110.31M | |
| 0 | $168.99M | |
| -156.33 | $178.33M | |
| -10.07 | $854.29M | |
| 25.24 | $4.12B | |
| -2.93 | $0 |
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