Horizon Technology Finance (HRZN) Price to Book (2021 - 2026)
Horizon Technology Finance's Price to Book came in at 0.76 for Q2 2026, down 28.8% from 1.07 a year earlier but up 25.7% from the prior quarter.
Powered by 
Analysis
Horizon Technology Finance (HRZN) Price to Book (2021 - 2026) Analysis & Trends
For FY2025, Horizon Technology Finance's Price to Book was 0.92, down 13.4% from FY2024.
- Going back by year, Price to Book was 1.07 in FY2024 (-21.4%), 1.36 in FY2023 (+34.2%), 1.01 in FY2022 (-26.6%) and 1.38 in FY2021 (+14.6%).
- The five-year range for quarterly Price to Book is 0.60 (Q1 2026) to 1.40 (Q3 2021).
- Year-over-year, Price to Book has declined for five consecutive quarters, with an average decline of 19.1% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q4 2023 (growth of 34.2%), and the weakest in Q1 2026 (a decline of 51.5%).
- Business Quant data shows HRZN's Price to Book at 0.60 (Q1 2026), 0.92 (Q4 2025) and 0.86 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - |
| 10 | Horizon Technology Finance | 309.44 Mn | 309.44 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.76 |
| Mar 31, 2026 | 0.60 |
| Dec 31, 2025 | 0.92 |
| Sep 30, 2025 | 0.86 |
| Jun 30, 2025 | 1.07 |
| Mar 31, 2025 | 1.24 |
| Dec 31, 2024 | 1.07 |
| Sep 30, 2024 | 1.18 |
| Jun 30, 2024 | 1.32 |
| Mar 31, 2024 | 1.18 |
| Dec 31, 2023 | 1.36 |
| Sep 30, 2023 | 1.14 |
| Jun 30, 2023 | 1.09 |
| Mar 31, 2023 | 1.00 |
| Dec 31, 2022 | 1.01 |
| Sep 30, 2022 | 0.86 |
| Jun 30, 2022 | 0.99 |
| Mar 31, 2022 | 1.19 |
| Dec 31, 2021 | 1.38 |
| Sep 30, 2021 | 1.40 |
API Access
Horizon Technology Finance 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=HRZN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "HRZN", "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=HRZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();