United States Natural Gas Fund (UNG) Price to Book (2010 - 2026)

United States Natural Gas Fund (UNG) has reported Price to Book for 17 consecutive years, with 1.33 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Price to Book rose 44.15% year-over-year to 1.33; the trailing twelve-month figure through Jun 2026 stood at 1.33 (up 44.15% YoY), and the FY2025 full-year result was 0.79, down 32.68% from the prior year.
• Price to Book was 1.33 for Q2 2026 at United States Natural Gas Fund, up from 1.09 in the prior quarter.
• The five-year high for Price to Book was 1.65 in Q1 2025, with the low at 0.62 in Q1 2023.
• Historically, Price to Book has averaged 1.01 across 5 years, with a median of 0.98 in 2022.
• Annual changes were most pronounced in 2023 — Price to Book sank 47.95% — and 2025, when it surged 103.55%.
• Tracing UNG's Price to Book over 5 years: stood at 0.72 in 2022, then advanced by 8.87% to 0.78 in 2023, then soared by 50.24% to 1.18 in 2024, then plunged by 32.68% to 0.79 in 2025, then surged by 68.56% to 1.33 in 2026.
• Per Business Quant data, the three most recent Price to Book figures were 1.33 in Q2 2026, 1.09 in Q1 2026, and 0.79 in Q4 2025.