Federated Hermes (FHI) Price to Book (2009 - 2026)
Federated Hermes' (FHI) quarterly Price to Book came in at 3.3 in Q2 2026, up 7.02% year-over-year from 3.09 in Q2 2025, and down 7.14% quarter-over-quarter from 3.56 in Q1 2026.
Analysis
Federated Hermes (FHI) Price to Book (2009 - 2026) Analysis & Trends
Federated Hermes has disclosed Price to Book across 18 years of filings, most recently posting 3.3 for Q2 2026.
- In Q2 2026, Price to Book rose 7.02% year-over-year to 3.3; the TTM figure through Jun 2026 stood at 3.3 (up 7.02% YoY), while the FY2025 annual figure was 3.32, up 8.28% from the prior year.
- Price to Book came in at 3.3 for Q2 2026 at Federated Hermes, down from 3.56 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 3.56 in Q1 2026 to a low of 2.55 in Q4 2023.
- Average Price to Book over 5 years is 3.0, with a median of 3.02 recorded in 2025.
- Year-over-year, Price to Book slipped 18.41% in 2024 and rose 22.16% in 2025.
- Over 5 years, Price to Book stood at 3.1 in 2022, then slipped by 17.86% to 2.55 in 2023, then grew by 20.53% to 3.07 in 2024, then climbed by 8.28% to 3.32 in 2025, then fell by 0.63% to 3.3 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 3.3 in Q2 2026, 3.56 in Q1 2026, and 3.32 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - |
| 2 | Spdr Gold Trust | 143.46 Bn | -414.54 Bn | - |
| 3 | Ishares Gold Trust | 30.01 Bn | -30.09 Bn | - |
| 4 | World Gold Trust | 29.01 Bn | -74.06 Bn | - |
| 5 | Principal Financial | 24.83 Bn | -28.13 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - |
| 10 | Federated Hermes | 4.39 Bn | 3.97 Bn | 381.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 |
| Mar 31, 2026 | 3.56 |
| Dec 31, 2025 | 3.32 |
| Sep 30, 2025 | 3.39 |
| Jun 30, 2025 | 3.09 |
| Mar 31, 2025 | 3.00 |
| Dec 31, 2024 | 3.07 |
| Sep 30, 2024 | 2.78 |
| Jun 30, 2024 | 2.67 |
| Mar 31, 2024 | 2.65 |
| Dec 31, 2023 | 2.55 |
| Sep 30, 2023 | 2.66 |
| Jun 30, 2023 | 2.79 |
| Mar 31, 2023 | 3.25 |
| Dec 31, 2022 | 3.10 |
| Sep 30, 2022 | 3.03 |
| Jun 30, 2022 | 2.93 |
| Mar 31, 2022 | 2.96 |
| Dec 31, 2021 | 3.15 |
| Sep 30, 2021 | 2.62 |