Heritage Global (HGBL) Price to Book (2010 - 2026)

Heritage Global (HGBL) has reported Price to Book for 17 consecutive years, with 0.81 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Price to Book fell 31.22% year-over-year to 0.81; the trailing twelve-month figure through Jun 2026 stood at 0.81 (down 31.22% YoY), and the FY2025 full-year result was 0.64, down 36.54% from the prior year.
• Price to Book advanced to 0.81 in Q2 2026 per HGBL's latest filing, from 0.7 in the prior quarter.
• Across five years, Price to Book topped out at 2.46 in Q2 2023 and bottomed at 0.64 in Q4 2025.
• Historically, Price to Book has averaged 1.38 across 5 years, with a median of 1.43 in 2024.
• The sharpest annual moves came in 2022 and 2023: Price to Book sank 54.83% in 2022, then jumped 60.77% in 2023.
• Over 5 years, Price to Book stood at 1.79 in 2022, then declined by 6.27% to 1.67 in 2023, then tumbled by 39.43% to 1.01 in 2024, then plunged by 36.54% to 0.64 in 2025, then advanced by 25.54% to 0.81 in 2026.
• According to Business Quant data, Price to Book over the past three periods registered 0.81, 0.7, and 0.64 for Q2 2026, Q1 2026, and Q4 2025 respectively.