Moderna (MRNA) Price to Book (2018 - 2026)
Moderna's (MRNA) quarterly Price to Book came in at 4.13 in Q2 2026, up 261.93% year-over-year from 1.14 in Q2 2025, and up 51.81% quarter-over-quarter from 2.72 in Q1 2026.
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Analysis
Moderna (MRNA) Price to Book (2018 - 2026) Analysis & Trends
Moderna (MRNA) has reported Price to Book for 9 consecutive years, with 4.13 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book rose 261.93% year-over-year to 4.13 in Q2 2026; TTM through Jun 2026 was 4.13, a 261.93% increase from a year earlier, with the FY2025 full-year figure at 1.34, down 8.77% from the prior year.
- Price to Book was 4.13 for Q2 2026 at Moderna, up from 2.72 in the prior quarter.
- Over five years, Price to Book peaked at 4.13 in Q2 2026 and troughed at 1.08 in Q3 2025.
- A 5-year average of 2.61 and a median of 2.74 in 2023 frame the typical range for Price to Book.
- Across the five-year window, Price to Book slumped 83.48% in 2022 and jumped 261.93% in 2026, its largest moves.
- Over 5 years, Price to Book stood at 3.62 in 2022, then declined by 24.17% to 2.74 in 2023, then slumped by 46.31% to 1.47 in 2024, then slipped by 8.77% to 1.34 in 2025, then jumped by 207.67% to 4.13 in 2026.
- The last three Price to Book figures came in at 4.13 (Q2 2026), 2.72 (Q1 2026), and 1.34 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn |
| 10 | Moderna | 72.66 Bn | 67.52 Bn | 52.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.13 |
| Mar 31, 2026 | 2.72 |
| Dec 31, 2025 | 1.34 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 1.14 |
| Mar 31, 2025 | 1.09 |
| Dec 31, 2024 | 1.47 |
| Sep 30, 2024 | 2.16 |
| Jun 30, 2024 | 3.89 |
| Mar 31, 2024 | 3.18 |
| Dec 31, 2023 | 2.74 |
| Sep 30, 2023 | 2.92 |
| Jun 30, 2023 | 2.73 |
| Mar 31, 2023 | 3.13 |
| Dec 31, 2022 | 3.62 |
| Sep 30, 2022 | 2.54 |
| Jun 30, 2022 | 3.11 |
| Mar 31, 2022 | 4.04 |
| Dec 31, 2021 | 7.24 |
| Sep 30, 2021 | 15.40 |
API Access
Moderna 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=MRNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "MRNA", "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=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();