Innovate VATE
NYSE VATE
$7.17 +0.10 (+1.41%)
At close: Sep 11, 2026 · 4:00 PM EDT

Innovate (VATE) Price to Book (2010 - 2026)

Innovate (VATE) posted Price to Book of 1.05 for Q2 2026, down 307.39% on a QoQ basis from 0.26 in Q4 2025, and down 214.72% year-over-year from 0.91 in Q2 2025.

Analysis

Innovate (VATE) Price to Book (2010 - 2026) Analysis & Trends

Innovate has reported Price to Book for 17 years, with the latest figure at 1.05 in Q2 2026.

  • On a quarterly basis, Price to Book fell 214.72% year-over-year to 1.05 in Q2 2026; TTM through Jun 2026 was 1.05, a 214.72% decrease from a year earlier, with the FY2025 full-year figure at 0.26, up 22.5% from the prior year.
  • Price to Book was 1.05 for Q2 2026 at Innovate, down from 0.26 in the prior quarter.
  • The five-year high for Price to Book was 0.26 in Q4 2025, with the low at 4.18 in Q1 2022.
  • Average Price to Book over 5 years is 0.98, with a median of 0.6 recorded in 2022.
  • The largest YoY upside for Price to Book was 89.71% in 2022 against a maximum downside of 665.08% in 2022.
  • Over 5 years, Price to Book stood at 1.63 in 2022, then surged by 60.49% to 0.64 in 2023, then jumped by 48.37% to 0.33 in 2024, then grew by 22.5% to 0.26 in 2025, then plunged by 307.39% to 1.05 in 2026.
  • The last three Price to Book figures came in at 1.05 (Q2 2026), 0.26 (Q4 2025), and 0.29 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ferrovial 40.46 Bn 37.11 Bn -
2 Emcor 34.53 Bn 33.61 Bn 1.02 Bn
3 Jacobs Solutions 16.62 Bn 15.43 Bn 810.70 Mn
4 Sterling Infrastructure 15.68 Bn 15.25 Bn 289.96 Mn
5 Aecom 8.18 Bn 7.37 Bn -34.04 Mn
6 Stantec 7.95 Bn 7.95 Bn 1.36 Bn
7 Fluor 7.35 Bn 4.40 Bn 179.00 Mn
8 Argan 5.81 Bn 5.26 Bn 74.22 Mn
9 Installed Building Products 5.43 Bn 5.03 Bn 258.90 Mn
10 Innovate 97.81 Mn 24.61 Mn 79.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.05
Dec 31, 2025 -0.26
Sep 30, 2025 -0.29
Jun 30, 2025 -0.33
Mar 31, 2025 -0.56
Dec 31, 2024 -0.33
Sep 30, 2024 -0.35
Jun 30, 2024 -0.42
Mar 31, 2024 -0.32
Dec 31, 2023 -0.64
Sep 30, 2023 -0.95
Jun 30, 2023 -1.08
Mar 31, 2023 -1.99
Dec 31, 2022 -1.63
Sep 30, 2022 -0.60
Jun 30, 2022 -1.61
Mar 31, 2022 -4.18
Dec 31, 2021 -5.12
Sep 30, 2021 -5.83
Jun 30, 2021 0.61