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

$67.17 Million USD  · Rank #20848

Market Cap & Net Worth: Forian Inc (FORA)

Forian Inc (NASDAQ:FORA) has a market capitalization of $67.17 Million ($67.17 Million) as of September 17, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #20848 globally and #4706 in its home market, demonstrating a 17.56% increase 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 $3.08 by its total outstanding shares 31240882 (31.24 Million). Also see how large is Forian Inc's balance sheet for a full breakdown of the balance sheet.

Forian Inc Market Cap History: 2021 to 2026

Forian Inc's market capitalization history from 2021 to 2026. Data shows change from $281.79 Million to $96.22 Million (-30.79% CAGR). Also see Forian Inc (FORA) cash flow conversion for how efficiently the company converts equity into cash flow.

Index Memberships

Forian Inc is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Health Care
IXHC
$2.66 Trillion 0.00% #596 of 976
NASDAQ Composite
IXIC
$41.74 Trillion 0.00% #1996 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. Check Forian Inc stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

2.19x

Forian Inc's market cap is 2.19 times its annual revenue

Industry average: 2.25x Lower 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 $281.79 Million $16.88 Million -$26.55 Million 16.69x N/A
2022 $85.29 Million $16.42 Million -$25.97 Million 5.19x N/A
2023 $91.38 Million $20.48 Million $11.11 Million 4.46x 8.23x
2024 $64.36 Million $20.15 Million -$3.77 Million 3.19x N/A
2025 $66.23 Million $30.26 Million -$2.87 Million 2.19x N/A

Competitor Companies of FORA by Market Capitalization

Companies near Forian Inc in the global market cap rankings as of September 17, 2026. Review FORA goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Forian Inc by market ranking:

  • Veeva Systems Inc Class A (NYSE:VEEV): Ranked #738 globally with a market cap of $37.44 Billion USD.
  • Pro Medicus Ltd (AU:PME): Ranked #1902 globally with a market cap of $12.23 Billion USD ( AU$17.28 Billion AUD).
  • Tempus AI, Inc. Class A Common Stock (NASDAQ:TEM): Ranked #2076 globally with a market cap of $11.06 Billion USD.
  • BrightSpring Health Services, Inc. Common Stock (NASDAQ:BTSG): Ranked #2133 globally with a market cap of $10.63 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#738 Veeva Systems Inc Class A NYSE:VEEV $37.44 Billion $266.62
#1902 Pro Medicus Ltd AU:PME $12.23 Billion AU$165.45
#2076 Tempus AI, Inc. Class A Common Stock NASDAQ:TEM $11.06 Billion $68.85
#2133 BrightSpring Health Services, Inc. Common Stock NASDAQ:BTSG $10.63 Billion $58.84

Forian Inc Historical Marketcap From 2021 to 2026

Between 2021 and today, Forian Inc's market cap moved from $281.79 Million to $ 96.22 Million, with a yearly change of -30.79%.

Year Market Cap Change (%)
2026 $96.22 Million +45.28%
2025 $66.23 Million +2.91%
2024 $64.36 Million -29.57%
2023 $91.38 Million +7.14%
2022 $85.29 Million -69.73%
2021 $281.79 Million --

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Forian Inc was reported to be:

Source Market Cap
Yahoo Finance $67.17 Million USD
MoneyControl $67.17 Million USD
MarketWatch $67.17 Million USD
marketcap.company $67.17 Million USD
Reuters $67.17 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
$96.22 Million
Market Cap Rank
#20848 Global
#4706 in USA
Share Price
$3.08
Change (1 day)
+18.46%
52-Week Range
$2.03 - $3.08
All Time High
$22.90
About

Forian Inc. provides a suite of data management capabilities and proprietary information and analytics solutions to optimize and measure operational, clinical and financial performance. It develops commercial, real-world evidence (RWE), and market access solutions and proprietary data-driven insights. The company's subscription and services-based solutions serve the life sciences, pharmaceutical … Read more