Merck (MRK) Price to Book (2009 - 2026)
Merck's (MRK) quarterly Price to Book came in at 2.99 in Q2 2026, down 25.84% year-over-year from 4.03 in Q2 2025, and down 53.79% quarter-over-quarter from 6.47 in Q1 2026.
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Merck (MRK) Price to Book (2009 - 2026) Analysis & Trends
Merck (MRK) has reported Price to Book for 18 consecutive years, with 2.99 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book fell 25.84% year-over-year to 2.99 in Q2 2026; TTM through Jun 2026 was 2.99, a 25.84% decrease from a year earlier, with the FY2025 full-year figure at 2.25, down 58.46% from the prior year.
- Price to Book was 2.99 for Q2 2026 at Merck, down from 6.47 in the prior quarter.
- Over five years, Price to Book peaked at 8.27 in Q1 2024 and troughed at 1.83 in Q3 2025.
- A 5-year average of 5.44 and a median of 5.59 in 2023 frame the typical range for Price to Book.
- Across the five-year window, Price to Book surged 43.65% in 2024 and plunged 71.57% in 2025, its largest moves.
- Over 5 years, Price to Book stood at 6.12 in 2022, then advanced by 19.97% to 7.34 in 2023, then declined by 26.14% to 5.42 in 2024, then tumbled by 58.46% to 2.25 in 2025, then surged by 32.78% to 2.99 in 2026.
- The last three Price to Book figures came in at 2.99 (Q2 2026), 6.47 (Q1 2026), and 2.25 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn |
| 10 | United Therapeutics | 20.81 Bn | 18.15 Bn | 683.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.99 |
| Mar 31, 2026 | 6.47 |
| Dec 31, 2025 | 2.25 |
| Sep 30, 2025 | 1.83 |
| Jun 30, 2025 | 4.03 |
| Mar 31, 2025 | 4.66 |
| Dec 31, 2024 | 5.42 |
| Sep 30, 2024 | 6.45 |
| Jun 30, 2024 | 7.19 |
| Mar 31, 2024 | 8.27 |
| Dec 31, 2023 | 7.34 |
| Sep 30, 2023 | 6.32 |
| Jun 30, 2023 | 7.56 |
| Mar 31, 2023 | 5.76 |
| Dec 31, 2022 | 6.12 |
| Sep 30, 2022 | 4.90 |
| Jun 30, 2022 | 5.33 |
| Mar 31, 2022 | 5.07 |
| Dec 31, 2021 | 5.06 |
| Sep 30, 2021 | 5.29 |