Verano Holdings (VRNO) Price to Book (2021 - 2026)
Verano Holdings' (VRNO) quarterly Price to Book came in at 1.41 in Q2 2026, up 21.01% year-over-year from 1.17 in Q2 2025, and down 76.0% quarter-over-quarter from 5.89 in Q1 2026.
Analysis
Verano Holdings (VRNO) Price to Book (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Price to Book for 6 consecutive years, with 1.41 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book rose 21.01% year-over-year to 1.41 in Q2 2026; TTM through Jun 2026 was 1.41, a 21.01% increase from a year earlier, with the FY2025 full-year figure at 6.52, up 38.9% from the prior year.
- Price to Book was 1.41 for Q2 2026 at Verano Holdings, down from 5.89 in the prior quarter.
- Over five years, Price to Book peaked at 16.5 in Q1 2024 and troughed at 1.17 in Q2 2025.
- A 5-year average of 6.99 and a median of 6.52 in 2025 frame the typical range for Price to Book.
- Across the five-year window, Price to Book surged 144.65% in 2023 and plunged 88.47% in 2025, its largest moves.
- Over 5 years, Price to Book stood at 7.75 in 2022, then soared by 60.33% to 12.43 in 2023, then tumbled by 62.24% to 4.69 in 2024, then surged by 38.9% to 6.52 in 2025, then slumped by 78.32% to 1.41 in 2026.
- The last three Price to Book figures came in at 1.41 (Q2 2026), 5.89 (Q1 2026), and 6.52 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.65 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.29 Bn | 1.97 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.70 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn |
| 5 | Glass House Brands | 669.01 Mn | 650.45 Mn | 15.77 Mn |
| 6 | Vireo Growth | 547.35 Mn | 405.05 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.70 Mn | 236.07 Mn | 90.52 Mn |
| 8 | Verano Holdings | 437.36 Mn | 352.16 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.56 Mn | 159.54 Mn | 16.08 Mn |
| 10 | Sndl | 361.28 Mn | 228.73 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41 |
| Mar 31, 2026 | 5.89 |
| Dec 31, 2025 | 6.52 |
| Sep 30, 2025 | 2.83 |
| Jun 30, 2025 | 1.17 |
| Mar 31, 2025 | 2.48 |
| Dec 31, 2024 | 4.69 |
| Sep 30, 2024 | 9.81 |
| Jun 30, 2024 | 10.13 |
| Mar 31, 2024 | 16.50 |
| Dec 31, 2023 | 12.43 |
| Sep 30, 2023 | 11.92 |
| Jun 30, 2023 | 7.41 |
| Mar 31, 2023 | 7.28 |
| Dec 31, 2022 | 7.75 |
| Sep 30, 2022 | 4.87 |
| Jun 30, 2022 | 5.75 |
| Dec 31, 2021 | 13.78 |