Lipocine (LPCN) Price to Book (2013 - 2025)
Lipocine's Price to Book came in at 3.01 for Q4 2025, up 141.9% from 1.24 a year earlier and up 175.2% from the prior quarter.
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Analysis
Lipocine (LPCN) Price to Book (2013 - 2025) Analysis & Trends
For FY2025, Lipocine's Price to Book was 2.97, up 138.7% from FY2024.
- Going back by year, Price to Book was 1.24 in FY2024 (+70.7%), 0.73 in FY2023 (-26.4%), 0.99 in FY2022 (-48.5%) and 1.92 in FY2021 (-61.1%).
- The Q4 2025 figure represents the highest quarterly Price to Book since Q2 2021.
- Year-over-year, Price to Book increased in five of the last eight quarters, with growth averaging 44.8%.
- The fastest year-over-year change in Price to Book over five years came in Q4 2025 (growth of 141.9%), and the weakest in Q1 2023 (a decline of 69.2%).
- Business Quant data shows LPCN's Price to Book at 1.09 (Q3 2025), 0.99 (Q2 2025) and 0.89 (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Lipocine | 11.92 Mn | -55.79 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.01 |
| Sep 30, 2025 | 1.09 |
| Jun 30, 2025 | 0.99 |
| Mar 31, 2025 | 0.89 |
| Dec 31, 2024 | 1.24 |
| Sep 30, 2024 | 1.26 |
| Jun 30, 2024 | 2.08 |
| Mar 31, 2024 | 1.15 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.92 |
| Mar 31, 2023 | 0.88 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 1.06 |
| Jun 30, 2022 | 1.78 |
| Mar 31, 2022 | 2.86 |
| Dec 31, 2021 | 1.92 |
| Sep 30, 2021 | 2.93 |
| Jun 30, 2021 | 3.46 |
| Mar 31, 2021 | 3.14 |
API Access
Lipocine 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=LPCN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "LPCN", "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=LPCN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();