Adagene (ADAG) Price to Book (2021 - 2026)
Adagene's Price to Book came in at 2.78 for the quarter ended Jun 30, 2026, down 8.2% from 3.03 a year earlier.
Analysis
Adagene (ADAG) Price to Book (2021 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Adagene's Price to Book was 3.17, up 36.5% from the prior year.
- Price to Book has increased in each of the last three years.
- Going back by year, Price to Book was 2.32 in the year ended Dec 31, 2024 (+53.8%), 1.51 in the year ended Dec 31, 2023 (+74.3%), 0.87 in the year ended Dec 31, 2022 (-69.2%) and 2.81 in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Price to Book since the quarter ended Dec 31, 2024.
- Year-over-year, Price to Book increased in three of the last four quarters, with growth averaging 20.9%.
- The fastest year-over-year change in Price to Book over five years came in the quarter ended Jun 30, 2024 (growth of 208.6%), and the weakest in the quarter ended Dec 31, 2022 (a decline of 69.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn |
| 10 | Adagene | 173.55 Mn | 173.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.78 |
| Dec 31, 2025 | 3.17 |
| Jun 30, 2025 | 3.03 |
| Dec 31, 2024 | 2.32 |
| Jun 30, 2024 | 2.98 |
| Dec 31, 2023 | 1.51 |
| Jun 30, 2023 | 0.97 |
| Dec 31, 2022 | 0.87 |
| Jun 30, 2022 | 1.00 |
| Dec 31, 2021 | 2.81 |
| Jun 30, 2021 | 1.21 |
API Access
Adagene Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ADAG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ADAG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ADAG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();