Formula Systems
FORTY
#4888
Rank
HK$10.53 B
Marketcap
HK$685.52
Share price
0.69%
Change (1 day)
7.82%
Change (1 year)

P/E ratio for Formula Systems (FORTY)

P/E ratio as of April 2025 (TTM): 20.7

According to Formula Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6925. At the end of 2022 the company had a P/E ratio of 13.3.

P/E ratio history for Formula Systems from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.3-61.77%
202134.724.28%
202027.94.82%
201926.763.8%
201816.3-68.29%
201751.3102.99%
201625.325.95%
201520.1428.71%
20143.80-15.73%
20134.51-48.51%
20128.7588.42%
20114.64-65.62%
201013.574.22%
20097.764.51%
20087.4266.43%
20074.46-70.18%
200615.0-96.66%
20054481796.68%
200423.6-59.89%
200358.9-267.35%
2002-35.21301.69%
2001-2.51

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.9 25.09%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
-142-787.24%๐Ÿ‡บ๐Ÿ‡ธ USA
32.0 54.42%๐Ÿ‡บ๐Ÿ‡ธ USA
108 421.19%๐Ÿ‡บ๐Ÿ‡ธ USA
32.2 55.58%๐Ÿ‡บ๐Ÿ‡ธ USA
39.5 91.12%๐Ÿ‡บ๐Ÿ‡ธ USA
49.7 140.17%๐Ÿ‡ฉ๐Ÿ‡ช Germany
10.2-50.85%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.