VirnetX Holding (VHC) Price to Book (2010 - 2026)
VirnetX Holding's (VHC) Price to Book was 3.56 for Q2 2026, up 154.5% from 1.40 a year earlier and up 13.5% from the prior quarter.
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Analysis
VirnetX Holding (VHC) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Price to Book at VirnetX Holding was 3.12, up 271.6% from FY2024.
- By year, Price to Book came in at 0.84 in FY2024 (+85.7%), 0.45 in FY2023 (-25.9%), 0.61 in FY2022 (-38.9%) and 1.00 in FY2021 (-37.4%).
- The Q2 2026 figure ranks as the highest quarterly Price to Book since Q4 2019.
- Year over year, Price to Book has now increased in each of the last nine quarters, with growth averaging 186.2% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q3 2025 (growth of 353.9%); the low point was Q2 2022 (a decline of 70.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.13 (Q1 2026), 3.12 (Q4 2025) and 2.62 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 322.94 Bn | 308.02 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 272.46 Bn | 252.90 Bn | 1.10 Bn |
| 3 | Fortinet | 131.11 Bn | 117.04 Bn | 1.64 Bn |
| 4 | Snowflake | 120.49 Bn | 107.81 Bn | 1.04 Bn |
| 5 | Datadog | 99.24 Bn | 80.88 Bn | 881.34 Mn |
| 6 | Okta | 35.54 Bn | 25.63 Bn | 641.00 Mn |
| 7 | Axon Enterprise | 34.30 Bn | 28.82 Bn | 546.45 Mn |
| 8 | Zscaler | 32.41 Bn | 18.53 Bn | - |
| 9 | Baidu | 29.12 Bn | -44.51 Bn | 1.47 Mn |
| 10 | VirnetX Holding | 39.56 Mn | 39.56 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.56 |
| Mar 31, 2026 | 3.13 |
| Dec 31, 2025 | 3.12 |
| Sep 30, 2025 | 2.62 |
| Jun 30, 2025 | 1.40 |
| Mar 31, 2025 | 0.86 |
| Dec 31, 2024 | 0.84 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 0.61 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.64 |
| Dec 31, 2021 | 1.00 |
| Sep 30, 2021 | 1.46 |
API Access
VirnetX Holding 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=VHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "VHC", "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=VHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();