Forbo Holding AG
FORN.SW

$1.23 B
Marketcap
$877.51
Share price
Country
$11.32
Change (1 day)
$1313.44
Year High
$858.27
Year Low
Categories

Forbo Holding AG produces and sells floor coverings, building and construction adhesives, and power transmission and conveyor belt solutions in Switzerland and internationally. The company operates through two divisions, Flooring Systems and Movement Systems. The Flooring Systems division develops, produces, and sells linoleum, vinyl floorings, entrance flooring systems, carpet tiles, needle felt floor coverings, washable textile floorings, and building and construction adhesives, as well as various accessory products for laying, processing, cleaning, and care of flooring. This division also provides ready-made adhesives for floor covering installations, parquet flooring, and ceramic tiles, as well as leveling compounds for the construction industry and liquid floors under the trade name of Eurocol. Its products are used in public buildings, department stores, hospitals and other healthcare facilities, schools, libraries, commercial and office spaces, leisure centers, shops, hotels, restaurants, and cafeterias; as well as for applications in the residential market. The Movement Systems division offers conveyor and processing belts, plastic modular belts, power transmission belts, and timing and flat belts under the Siegling brand name. Its products are used in various applications in industry, trade, and the service sector, including conveyor and processing belts in the food industry; treadmill belts in fitness studios; and flat belts in mail distribution centers. The company was founded in 1928 and is headquartered in Baar, Switzerland.

marketcap

P/B ratio for Forbo Holding AG (FORN.SW)

P/B ratio as of 2023: 2.68

According to Forbo Holding AG's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.68. At the end of 2022 the company had a P/B ratio of 2.80.

P/B ratio history for Forbo Holding AG from 2002 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 2.68
2022 2.80
2021 5.52
2020 3.54
2019 3.90
2018 3.86
2017 3.93
2016 3.61
2015 3.93
2014 2.68
2013 2.01
2012 1.60
2011 1.41
2010 1.84
2009 1.13
2008 0.78
2007 2.49
2006 1.97
2005 1.35
2004 0.67
2003 1.26
2002 1.42