USA Rare Earth (USAR) Price to Book (2023 - 2026)
USA Rare Earth's (USAR) quarterly Price to Book came in at 2.08 in Q2 2026, up 125.74% year-over-year from 0.92 in Q2 2025, and down 60.56% quarter-over-quarter from 5.28 in Q4 2025.
Analysis
USA Rare Earth (USAR) Price to Book (2023 - 2026) Analysis & Trends
USA Rare Earth has disclosed Price to Book across 4 years of filings, most recently posting 2.08 for Q2 2026.
- In Q2 2026, Price to Book rose 125.74% year-over-year to 2.08; the TTM figure through Jun 2026 stood at 2.08 (up 125.74% YoY), while the FY2025 annual figure was 5.28, down 76.43% from the prior year.
- Price to Book came in at 2.08 for Q2 2026 at USA Rare Earth, down from 5.28 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 23.91 in Q4 2023 to a low of 64.32 in Q3 2025.
- Average Price to Book over 4 years is 0.02, with a median of 6.86 recorded in 2024.
- Year-over-year, Price to Book plunged 859.28% in 2025 and surged 125.74% in 2026.
- Over 4 years, Price to Book stood at 23.91 in 2023, then retreated by 6.36% to 22.39 in 2024, then slumped by 76.43% to 5.28 in 2025, then plunged by 60.56% to 2.08 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 2.08 in Q2 2026, 5.28 in Q4 2025, and 64.32 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn |
| 2 | Evolution Metals & Technologies | 1.99 Bn | 1.99 Bn | -115,000.00 |
| 3 | Niocorp Developments | 126.18 Mn | -180.18 Mn | - |
| 4 | DyTb | 71.56 Mn | 71.56 Mn | - |
| 5 | Critical Metals | 8.39 Mn | -7.05 Bn | - |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.08 |
| Dec 31, 2025 | 5.28 |
| Sep 30, 2025 | -64.32 |
| Jun 30, 2025 | -8.09 |
| Mar 31, 2025 | -7.27 |
| Dec 31, 2024 | 22.39 |
| Sep 30, 2024 | 8.47 |
| Jun 30, 2024 | 9.29 |
| Mar 31, 2024 | 8.44 |
| Dec 31, 2023 | 23.91 |