Ionis Pharmaceuticals IONS
NASDAQ IONS
$43.54 -0.46 (-1.05%)
At close: Oct 2, 2026 · 4:00 PM EDT

Ionis Pharmaceuticals (IONS) Price to Book (2009 - 2026)

Updated

Ionis Pharmaceuticals' Price to Book was 29.87 in Q2 2026, up 200.0% from 9.96 a year earlier and up 17.8% from the prior quarter.

Analysis

Ionis Pharmaceuticals (IONS) Price to Book (2009 - 2026) Analysis & Trends

For FY2025, Price to Book at Ionis Pharmaceuticals came in at 26.41, up 181.5% from FY2024.

  • In earlier years, Price to Book was 9.38 in FY2024 (-50.3%), 18.88 in FY2023 (+101.6%), 9.37 in FY2022 (+68.2%) and 5.57 in FY2021 (-47.9%).
  • The Q2 2026 figure marks the highest quarterly Price to Book since Q4 2016.
  • Compared with a year earlier, Price to Book has increased for four straight quarters, with growth averaging 49.1% over the last eight quarters.
  • The best year-over-year quarter for Price to Book over five years was Q2 2026 (growth of 200.0%); the worst was Q2 2025 (a decline of 62.3%).
  • Per Business Quant data, IONS's Price to Book in the three quarters before Q2 2026 was 25.35 (Q1 2026), 26.41 (Q4 2025) and 17.06 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Eli Lilly 1,082.65 Bn 1,051.23 Bn 19.71 Bn
2 Johnson & Johnson 623.68 Bn 542.21 Bn 17.26 Bn
3 AbbVie 459.43 Bn 432.59 Bn 12.70 Bn
4 Merck 354.80 Bn 309.23 Bn 12.21 Bn
5 Novartis Ag 269.16 Bn 225.03 Bn 11.24 Bn
6 Astrazeneca 244.40 Bn 217.97 Bn 12.86 Bn
7 Amgen 220.17 Bn 175.57 Bn 7.24 Bn
8 Gilead Sciences 183.05 Bn 157.16 Bn 6.22 Bn
9 Pfizer 160.27 Bn 107.22 Bn 10.94 Bn
10 Ionis Pharmaceuticals 7.29 Bn -1.60 Bn 265.21 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.87
Mar 31, 2026 25.35
Dec 31, 2025 26.41
Sep 30, 2025 17.06
Jun 30, 2025 9.96
Mar 31, 2025 10.09
Dec 31, 2024 9.38
Sep 30, 2024 9.54
Jun 30, 2024 26.39
Mar 31, 2024 21.32
Dec 31, 2023 18.88
Sep 30, 2023 20.62
Jun 30, 2023 13.72
Mar 31, 2023 10.51
Dec 31, 2022 9.37
Sep 30, 2022 10.57
Jun 30, 2022 8.40
Mar 31, 2022 7.40
Dec 31, 2021 5.57
Sep 30, 2021 8.93
API Access

Ionis Pharmaceuticals 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=IONS&period=max&api_key=YOUR_API_KEY