Mereo BioPharma (MREO) Price to Book (2019 - 2026)
Mereo BioPharma's Price to Book came in at 1.78 for Q2 2026, down 77.6% from 7.96 a year earlier but up 15.3% from the prior quarter.
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Analysis
Mereo BioPharma (MREO) Price to Book (2019 - 2026) Analysis & Trends
For FY2025, Mereo BioPharma's Price to Book was 1.64, down 82.0% from FY2024.
- Going back by year, Price to Book was 9.13 in FY2024 (+42.4%), 6.41 in FY2023 (+251.5%), 1.82 in FY2022 (+15.6%) and 1.58 in FY2021.
- The five-year range for quarterly Price to Book is 1.29 (Q4 2022) to 10.81 (Q1 2024).
- Year-over-year, Price to Book has declined for three consecutive quarters, with an average decline of 37.2% over the last six quarters.
- The fastest year-over-year change in Price to Book over five years came in Q1 2024 (growth of 440.7%), and the weakest in Q4 2025 (a decline of 82.0%).
- Business Quant data shows MREO's Price to Book at 1.55 (Q1 2026), 1.64 (Q4 2025) and 7.03 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,137.66 Bn | 1,106.24 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 636.13 Bn | 556.00 Bn | 17.30 Bn |
| 3 | AbbVie | 505.28 Bn | 478.39 Bn | 12.70 Bn |
| 4 | Merck | 358.10 Bn | 312.48 Bn | 12.21 Bn |
| 5 | Novartis Ag | 292.59 Bn | 256.58 Bn | 11.24 Bn |
| 6 | Astrazeneca | 265.81 Bn | 239.50 Bn | 12.86 Bn |
| 7 | Amgen | 237.53 Bn | 192.93 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 194.67 Bn | 168.86 Bn | 6.22 Bn |
| 9 | Pfizer | 171.17 Bn | 117.82 Bn | 10.94 Bn |
| 10 | Mereo BioPharma | 44.55 Mn | -105.36 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.78 |
| Mar 31, 2026 | 1.55 |
| Dec 31, 2025 | 1.64 |
| Sep 30, 2025 | 7.03 |
| Jun 30, 2025 | 7.96 |
| Mar 31, 2025 | 5.95 |
| Dec 31, 2024 | 9.13 |
| Jun 30, 2024 | 7.04 |
| Mar 31, 2024 | 10.81 |
| Dec 31, 2023 | 6.41 |
| Sep 30, 2023 | 3.31 |
| Jun 30, 2023 | 3.42 |
| Mar 31, 2023 | 2.00 |
| Dec 31, 2022 | 1.26 |
| Jun 30, 2022 | 1.55 |
| Dec 31, 2021 | 1.58 |
| Jun 30, 2021 | 1.92 |
| Dec 31, 2019 | 1.22 |
API Access
Mereo BioPharma 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=MREO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "MREO", "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=MREO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();