GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Forise International Ltd (SGX:8A1) » Definitions » Price-to-Tangible-Book

Forise International (SGX:8A1) Price-to-Tangible-Book : 2.79 (As of May. 27, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Forise International Price-to-Tangible-Book?

As of today (2024-05-27), Forise International's share price is S$0.078. Forise International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was S$0.03. Hence, Forise International's Price to Tangible Book Ratio of today is 2.79.

The historical rank and industry rank for Forise International's Price-to-Tangible-Book or its related term are showing as below:

SGX:8A1' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93   Med: 2.08   Max: 5.15
Current: 2.6

During the past 13 years, Forise International's highest Price to Tangible Book Ratio was 5.15. The lowest was 0.93. And the median was 2.08.

SGX:8A1's Price-to-Tangible-Book is ranked worse than
88.35% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs SGX:8A1: 2.60

A closely related ratio is called PB Ratio. As of today, Forise International's share price is S$0.078. Forise International's Book Value per Sharefor the quarter that ended in Dec. 2023 was S$0.03. Hence, Forise International's P/B Ratio of today is 2.79.


Forise International Price-to-Tangible-Book Historical Data

The historical data trend for Forise International'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.

* Premium members only.

Forise International Price-to-Tangible-Book Chart

Forise International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.79 1.10 5.15 3.79

Forise International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.58 5.15 3.33 3.79

Competitive Comparison of Forise International's Price-to-Tangible-Book

For the Asset Management subindustry, Forise International'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.


Forise International's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Forise International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Forise International's Price-to-Tangible-Book falls into.



Forise International Price-to-Tangible-Book Calculation

Forise International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.078/0.028
=2.79

* 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.


Be Aware

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.


Forise International Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Forise International's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Forise International (SGX:8A1) Business Description

Traded in Other Exchanges
N/A
Address
15 Scotts Road, No. 04-08, Suite 22, 15 Scotts, Singapore, SGP, 228218
Forise International Ltd is a Singapore-based investment holding company. The company operates in three segments: Corporate Advisory, Management consultancy, and All other segments. Its solutions include strategic planning, corporate advisory, financial restructuring advisory, management consultancy services, commercial Factoring, and asset Management. The company's geographical segments are China, Singapore, Denmark, and the United Arab Emirates, of which the majority of its revenue comes from Singapore.

Forise International (SGX:8A1) Headlines

No Headlines