United States 12 Month Natural Gas Fund (UNL) Price to Book (2010 - 2026)

United States 12 Month Natural Gas Fund (UNL) has reported Price to Book for 17 consecutive years, with 1.0 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Price to Book rose 3.46% year-over-year to 1.0; the trailing twelve-month figure through Jun 2026 stood at 1.0 (up 3.46% YoY), and the FY2025 full-year result was 0.66, down 35.04% from the prior year.
• Price to Book fell to 1.0 in Q2 2026 per UNL's latest filing, from 1.09 in the prior quarter.
• Across five years, Price to Book topped out at 1.2 in Q1 2022 and bottomed at 0.66 in Q4 2025.
• Historically, Price to Book has averaged 1.01 across 5 years, with a median of 1.01 in 2023.
• The sharpest annual moves came in 2022 and 2025: Price to Book soared 52.57% in 2022, then tumbled 35.04% in 2025.
• Over 5 years, Price to Book stood at 1.18 in 2022, then tumbled by 31.3% to 0.81 in 2023, then gained by 24.8% to 1.01 in 2024, then sank by 35.04% to 0.66 in 2025, then jumped by 51.11% to 1.0 in 2026.
• According to Business Quant data, Price to Book over the past three periods registered 1.0, 1.09, and 0.66 for Q2 2026, Q1 2026, and Q4 2025 respectively.