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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |