United States Brent Oil Fund (BNO) Price to Book (2010 - 2026)

United States Brent Oil Fund (BNO) has reported Price to Book for 17 consecutive years, with 1.2 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Price to Book rose 18.06% year-over-year to 1.2; the trailing twelve-month figure through Jun 2026 stood at 1.2 (up 18.06% YoY), and the FY2025 full-year result was 0.93, down 27.31% from the prior year.
• Price to Book improved to 1.2 in Q2 2026 per BNO's latest filing, from 0.37 in the prior quarter.
• Across five years, Price to Book topped out at 1.42 in Q4 2023 and bottomed at 0.37 in Q1 2026.
• Historically, Price to Book has averaged 1.02 across 5 years, with a median of 1.02 in 2024.
• The sharpest annual moves came in 2023 and 2026: Price to Book advanced 28.75% in 2023, then slumped 62.17% in 2026.
• Over 5 years, Price to Book stood at 1.1 in 2022, then grew by 28.75% to 1.42 in 2023, then slipped by 10.32% to 1.28 in 2024, then decreased by 27.31% to 0.93 in 2025, then rose by 28.94% to 1.2 in 2026.
• According to Business Quant data, Price to Book over the past three periods registered 1.2, 0.37, and 0.93 for Q2 2026, Q1 2026, and Q4 2025 respectively.