Heron Therapeutics HRTX
NASDAQ HRTX
$0.34 -0.01 (-3.54%)
As of: Sep 9, 2026 · 3:59 PM EDT

Heron Therapeutics (HRTX) Price to Book (2011 - 2026)

Heron Therapeutics' (HRTX) quarterly Price to Book came in at 11.82 in Q2 2026, up 201.52% on a YoY basis from 3.92 in Q2 2025, and down 28.69% quarter-over-quarter from 16.57 in Q1 2026.

Analysis

Heron Therapeutics (HRTX) Price to Book (2011 - 2026) Analysis & Trends

Heron Therapeutics (HRTX) has reported Price to Book for 16 consecutive years, with 11.82 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Book rose 201.52% year-over-year to 11.82; the trailing twelve-month figure through Jun 2026 stood at 11.82 (up 201.52% YoY), and the FY2025 full-year result was 17.08, up 346.94% from the prior year.
  • Price to Book eased to 11.82 in Q2 2026 per HRTX's latest filing, from 16.57 in the prior quarter.
  • Across five years, Price to Book topped out at 24.47 in Q1 2022 and bottomed at 15.82 in Q1 2023.
  • Historically, Price to Book has averaged 1.07 across 5 years, with a median of 6.24 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Price to Book tumbled 236.62% in 2024, then surged 346.94% in 2025.
  • Over 5 years, Price to Book stood at 21.95 in 2022, then sank by 134.26% to 7.52 in 2023, then grew by 8.02% to 6.92 in 2024, then soared by 346.94% to 17.08 in 2025, then tumbled by 30.81% to 11.82 in 2026.
  • According to Business Quant data, Price to Book over the past three periods registered 11.82, 16.57, and 17.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amgen 236.37 Bn 222.38 Bn 7.24 Bn
2 Gilead Sciences 187.38 Bn 184.12 Bn 6.22 Bn
3 Vertex Pharmaceuticals 138.36 Bn 130.51 Bn 2.84 Bn
4 Regeneron Pharmaceuticals 85.09 Bn 77.10 Bn 3.93 Bn
5 Argenx Se 63.93 Bn 58.75 Bn 1.37 Bn
6 Moderna 58.07 Bn 52.94 Bn 52.00 Mn
7 Alnylam Pharmaceuticals 35.59 Bn 32.28 Bn 992.69 Mn
8 Biogen 32.63 Bn 31.34 Bn 1.96 Bn
9 Insmed 27.57 Bn 26.41 Bn 358.27 Mn
10 Heron Therapeutics 64.55 Mn 21.89 Mn 26.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.82
Mar 31, 2026 16.57
Dec 31, 2025 17.08
Sep 30, 2025 15.52
Jun 30, 2025 -11.64
Mar 31, 2025 -11.80
Dec 31, 2024 -6.92
Sep 30, 2024 -7.57
Jun 30, 2024 -13.99
Mar 31, 2024 -12.36
Dec 31, 2023 -7.52
Sep 30, 2023 -5.56
Jun 30, 2023 -4.16
Mar 31, 2023 -15.82
Dec 31, 2022 21.95
Sep 30, 2022 22.35
Jun 30, 2022 -13.17
Mar 31, 2022 24.47
Dec 31, 2021 12.01
Sep 30, 2021 9.17