Iridium Communications (IRDM) Price to Book (2009 - 2026)
Iridium Communications' Price to Book was 8.81 in Q3 2026, up 117.1% from 4.06 a year earlier but down 28.3% from the prior quarter.
Analysis
Iridium Communications (IRDM) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Price to Book at Iridium Communications came in at 3.94, down 29.0% from FY2024.
- Price to Book has now declined for three consecutive years.
- In earlier years, Price to Book was 5.55 in FY2024 (-2.4%), 5.69 in FY2023 (-0.8%), 5.73 in FY2022 (+36.2%) and 4.21 in FY2021 (+13.4%).
- Quarterly Price to Book has moved between 3.72 (Q1 2024) and 12.30 (Q2 2026) over five years.
- Compared with a year earlier, Price to Book has increased for three straight quarters, with growth averaging 34.6% over the last eight quarters.
- The best year-over-year quarter for Price to Book over five years was Q3 2026 (growth of 117.1%); the worst was Q2 2024 (a decline of 48.4%).
- Per Business Quant data, IRDM's Price to Book in the three quarters before Q3 2026 was 12.30 (Q2 2026), 6.26 (Q1 2026) and 3.94 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.81 |
| Jun 30, 2026 | 12.30 |
| Mar 31, 2026 | 6.26 |
| Dec 31, 2025 | 3.94 |
| Sep 30, 2025 | 4.06 |
| Jun 30, 2025 | 6.76 |
| Mar 31, 2025 | 5.70 |
| Dec 31, 2024 | 5.55 |
| Sep 30, 2024 | 5.22 |
| Jun 30, 2024 | 4.01 |
| Mar 31, 2024 | 3.72 |
| Dec 31, 2023 | 5.69 |
| Sep 30, 2023 | 6.09 |
| Jun 30, 2023 | 7.77 |
| Mar 31, 2023 | 7.18 |
| Dec 31, 2022 | 5.73 |
| Sep 30, 2022 | 4.87 |
| Jun 30, 2022 | 4.04 |
| Mar 31, 2022 | 4.33 |
| Dec 31, 2021 | 4.21 |
API Access
Iridium Communications 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=IRDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "IRDM", "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=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();