Company / Tangible Book Value per Share
Forward Industries, Inc. Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$216.48
FY2025
5-year range
$0.44 / $216.48
FY2021-FY2025
Trend
+16824.4%
vs FY2024
Sector context
#8 of 377
Financials
What the data says
Tangible Book Value per Share changed +16824% YoY in FY2025, a notable deviation from the 9-year average annual change of +1878%.
Based on SEC 10-K filings.
216.48 in FY2025 with a 5-year CAGR of +236.3%. Top quartile in the Financials sector.
Improved from $0.78 to $216.48 over the past 2 years.
Financials sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- +688.3%
- 5-Year CAGR
- +236.3%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in FinancialsTop 2% of 377This company $216.48 Sector average $44.02
▼
+391.8% above sector average
Key checks
Key Insights
- Forward Industries, Inc.'s tangible book value per share has grown for 3 consecutive years.
- In FY2025, tangible book value per share increased 16824.4% year-over-year.
- Ranks #8 out of 377 companies in the Financials sector.
- Lowest tangible book value per share in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 128.18 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $216.48 | +16824.4% |
| FY2024 | $1.28 | +64.2% |
| FY2023 | $0.78 | +76.3% |
| FY2022 | $0.44 | -18.8% |
| FY2021 | $0.54 | +8.1% |
| FY2020 | $0.50 | -13.2% |
| FY2019 | $0.58 | -39.2% |
| FY2018 | $0.95 | -5.8% |
| FY2017 | $1.01 | +7.4% |
| FY2016 | $0.94 | +7.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026