Forian Inc (NASDAQ:FORA) — Market Cap & Net Worth

$65.25 Million USD  · Rank #20848

Market Cap & Net Worth: Forian Inc (FORA)

Forian Inc (NASDAQ:FORA) has a market capitalization of $65.25 Million ($65.25 Million) as of May 2, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #20848 globally and #4473 in its home market, demonstrating a -0.23% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Forian Inc's stock price $2.16 by its total outstanding shares 31072252 (31.07 Million). Analyse FORA cash flow conversion to see how efficiently the company converts income to cash.

Forian Inc Market Cap History: 2021 to 2026

Forian Inc's market capitalization history from 2021 to 2026. Data shows change from $280.27 Million to $66.96 Million (-36.72% CAGR).

Index Memberships

Forian Inc is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Health Care
IXHC
$2.41 Trillion 0.00% #598 of 976
NASDAQ Composite
IXIC
$38.77 Trillion 0.00% #2015 of 3165

Weight: Forian Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Forian Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Forian Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

3.18x

Forian Inc's market cap is 3.18 times its annual revenue

Industry average: 2.23x Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2021 $280.27 Million $16.88 Million -$26.55 Million 16.60x N/A
2022 $84.83 Million $16.42 Million -$25.97 Million 5.17x N/A
2023 $90.89 Million $20.48 Million $11.11 Million 4.44x 8.18x
2024 $64.01 Million $20.15 Million -$3.77 Million 3.18x N/A

Competitor Companies of FORA by Market Capitalization

Companies near Forian Inc in the global market cap rankings as of May 2, 2026.

Key companies related to Forian Inc by market ranking:

  • Veeva Systems Inc Class A (NYSE:VEEV): Ranked #926 globally with a market cap of $28.21 Billion USD.
  • Pro Medicus Ltd (AU:PME): Ranked #2225 globally with a market cap of $10.06 Billion USD ( AU$14.22 Billion AUD).
  • Tempus AI, Inc. Class A Common Stock (NASDAQ:TEM): Ranked #2339 globally with a market cap of $9.34 Billion USD.
  • BrightSpring Health Services, Inc. Common Stock (NASDAQ:BTSG): Ranked #2447 globally with a market cap of $8.82 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#926 Veeva Systems Inc Class A NYSE:VEEV $28.21 Billion $171.60
#2225 Pro Medicus Ltd AU:PME $10.06 Billion AU$136.16
#2339 Tempus AI, Inc. Class A Common Stock NASDAQ:TEM $9.34 Billion $55.00
#2447 BrightSpring Health Services, Inc. Common Stock NASDAQ:BTSG $8.82 Billion $52.58

Forian Inc Historical Marketcap From 2021 to 2026

Between 2021 and today, Forian Inc's market cap moved from $280.27 Million to $ 66.96 Million, with a yearly change of -36.72%.

Year Market Cap Change (%)
2026 $66.96 Million +1.65%
2025 $65.87 Million +2.91%
2024 $64.01 Million -29.57%
2023 $90.89 Million +7.14%
2022 $84.83 Million -69.73%
2021 $280.27 Million --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Forian Inc was reported to be:

Source Market Cap
Yahoo Finance $65.25 Million USD
MoneyControl $65.25 Million USD
MarketWatch $65.25 Million USD
marketcap.company $65.25 Million USD
Reuters $65.25 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Forian Inc

NASDAQ:FORA USA Health Information Services
Market Cap
$66.96 Million
Market Cap Rank
#20848 Global
#4473 in USA
Share Price
$2.16
Change (1 day)
-0.23%
52-Week Range
$1.75 - $2.49
All Time High
$22.90
About

Forian Inc. provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the life science, healthcare, and financial services industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data ma… Read more