Heritage Global (HGBL) Price to Book (2010 - 2026)
Heritage Global's (HGBL) Price to Book came in at 0.81 for Q2 2026, down 31.2% from 1.17 a year earlier but up 15.8% from the prior quarter.
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Analysis
Heritage Global (HGBL) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Heritage Global's Price to Book stood at 0.64, down 36.5% from FY2024.
- Annual Price to Book has declined for five consecutive years.
- In prior years, Heritage Global's Price to Book was 1.01 in FY2024 (-39.4%), 1.67 in FY2023 (-6.3%), 1.79 in FY2022 (-14.8%) and 2.10 in FY2021 (-33.1%).
- Quarterly Price to Book has run from a low of 0.64 in Q4 2025 to a high of 2.46 in Q2 2023 over five years.
- On a year-over-year basis, Price to Book has declined in each of the last 11 quarters, with an average decline of 31.0% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was Q2 2023, with growth of 60.8%; the weakest was Q1 2022, with a decline of 54.8%.
- According to Business Quant data, Price to Book for the three prior quarters was 0.70 (Q1 2026), 0.64 (Q4 2025) and 0.87 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 68.86 Bn | 67.98 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 64.05 Bn | 61.64 Bn | 1.98 Bn |
| 3 | Fastenal | 60.38 Bn | 59.38 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 44.23 Bn | 41.45 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 32.21 Bn | 32.09 Bn | 1.25 Bn |
| 6 | Reliance | 21.26 Bn | 20.30 Bn | 1.30 Bn |
| 7 | Wesco International | 15.74 Bn | 13.06 Bn | 1.46 Bn |
| 8 | Watsco | 12.52 Bn | 10.20 Bn | 578.93 Mn |
| 9 | Applied Industrial Technologies | 11.94 Bn | 11.81 Bn | 411.22 Mn |
| 10 | Heritage Global | 43.46 Mn | -21.24 Mn | 8.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.81 |
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 1.17 |
| Mar 31, 2025 | 1.18 |
| Dec 31, 2024 | 1.01 |
| Sep 30, 2024 | 0.93 |
| Jun 30, 2024 | 1.38 |
| Mar 31, 2024 | 1.55 |
| Dec 31, 2023 | 1.67 |
| Sep 30, 2023 | 2.04 |
| Jun 30, 2023 | 2.46 |
| Mar 31, 2023 | 2.06 |
| Dec 31, 2022 | 1.79 |
| Sep 30, 2022 | 1.55 |
| Jun 30, 2022 | 1.53 |
| Mar 31, 2022 | 1.48 |
| Dec 31, 2021 | 2.10 |
| Sep 30, 2021 | 2.27 |
API Access
Heritage Global 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=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "HGBL", "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=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();