Lantern Pharma LTRN
NASDAQ LTRN
$1.76 -0.01 (-0.56%)
At close: Sep 10, 2026 · 4:00 PM EDT

Lantern Pharma (LTRN) Price to Book (2020 - 2026)

Lantern Pharma's (LTRN) quarterly Price to Book came in at 16.54 in Q2 2026, down 707.66% on a YoY basis from 2.72 in Q2 2025, and down 469.57% quarter-over-quarter from 4.47 in Q1 2026.

Analysis

Lantern Pharma (LTRN) Price to Book (2020 - 2026) Analysis & Trends

Lantern Pharma (LTRN) has reported Price to Book for 7 consecutive years, with 16.54 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Book fell 707.66% year-over-year to 16.54; the trailing twelve-month figure through Jun 2026 stood at 16.54 (down 707.66% YoY), and the FY2025 full-year result was 5.22, up 221.42% from the prior year.
  • Price to Book eased to 16.54 in Q2 2026 per LTRN's latest filing, from 4.47 in the prior quarter.
  • Across five years, Price to Book topped out at 5.22 in Q4 2025 and bottomed at 16.54 in Q2 2026.
  • Historically, Price to Book has averaged 1.06 across 5 years, with a median of 1.38 in 2023.
  • The sharpest annual moves came in 2025 and 2026: Price to Book surged 236.64% in 2025, then tumbled 707.66% in 2026.
  • Over 5 years, Price to Book stood at 1.17 in 2022, then dropped by 4.15% to 1.12 in 2023, then soared by 44.76% to 1.62 in 2024, then soared by 221.42% to 5.22 in 2025, then slumped by 416.88% to 16.54 in 2026.
  • According to Business Quant data, Price to Book over the past three periods registered 16.54, 4.47, and 5.22 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn
10 Lantern Pharma 21.99 Mn 21.99 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -16.54
Mar 31, 2026 4.47
Dec 31, 2025 5.22
Sep 30, 2025 5.01
Jun 30, 2025 2.72
Mar 31, 2025 2.28
Dec 31, 2024 1.62
Sep 30, 2024 1.49
Jun 30, 2024 1.62
Mar 31, 2024 2.65
Dec 31, 2023 1.12
Sep 30, 2023 0.82
Jun 30, 2023 1.27
Mar 31, 2023 1.00
Dec 31, 2022 1.17
Sep 30, 2022 0.88
Jun 30, 2022 1.01
Mar 31, 2022 1.19
Dec 31, 2021 1.24
Sep 30, 2021 1.65