Franco Nevada (FNV) Price to Book (2010 - 2026)
Franco Nevada's Price to Book came in at 4.88 for the quarter ended Jun 30, 2026, up 2.0% from 4.78 a year earlier but down 17.0% from the prior quarter.
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Analysis
Franco Nevada (FNV) Price to Book (2010 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Franco Nevada's Price to Book was 5.23, up 38.6% from the prior year.
- Going back by year, Price to Book was 3.78 in the year ended Dec 31, 2024 (+2.3%), 3.69 in the year ended Dec 31, 2023 (-9.5%), 4.08 in the year ended Dec 31, 2022 (-7.1%) and 4.39 in the year ended Dec 31, 2021 (-0.1%).
- The five-year range for quarterly Price to Book is 3.66 (the quarter ended Sep 30, 2022) to 6.13 (the quarter ended Sep 30, 2025).
- Year-over-year, Price to Book has increased for eight consecutive quarters, with growth averaging 21.1% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in the quarter ended Sep 30, 2025 (growth of 53.8%), and the weakest in the quarter ended Sep 30, 2021 (a decline of 15.8%).
- Business Quant data shows FNV's Price to Book at 5.88 (quarter ended Mar 31, 2026), 5.23 (quarter ended Dec 31, 2025) and 6.13 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 165.06 Bn | 111.42 Bn | - |
| 2 | Spdr Gold Trust | 134.74 Bn | -423.26 Bn | - |
| 3 | Blackstone | 84.49 Bn | 79.41 Bn | - |
| 4 | Brookfield | 82.12 Bn | -83.26 Bn | 4.47 Bn |
| 5 | Kkr | 81.93 Bn | 48.41 Bn | - |
| 6 | Brookfield Asset Management | 71.19 Bn | 67.44 Bn | - |
| 7 | Apollo Global Management | 65.87 Bn | 3.55 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.57 Bn | 55.99 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.46 Bn | 42.82 Bn | 451.00 Mn |
| 10 | Ameriprise Financial | 43.70 Bn | 5.12 Bn | 4.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.88 |
| Mar 31, 2026 | 5.88 |
| Dec 31, 2025 | 5.23 |
| Sep 30, 2025 | 6.13 |
| Jun 30, 2025 | 4.78 |
| Mar 31, 2025 | 4.82 |
| Dec 31, 2024 | 3.78 |
| Sep 30, 2024 | 3.99 |
| Jun 30, 2024 | 3.90 |
| Mar 31, 2024 | 3.93 |
| Dec 31, 2023 | 3.69 |
| Sep 30, 2023 | 3.78 |
| Jun 30, 2023 | 4.10 |
| Mar 31, 2023 | 4.29 |
| Dec 31, 2022 | 4.08 |
| Sep 30, 2022 | 3.66 |
| Jun 30, 2022 | 4.04 |
| Mar 31, 2022 | 4.92 |
| Dec 31, 2021 | 4.39 |
| Sep 30, 2021 | 4.26 |
API Access
Franco Nevada 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=FNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "FNV", "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=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();