Verano Holdings (VRNO) Price to Book (2021 - 2026)
Verano Holdings' Price to Book was 1.41 in Q2 2026, up 21.0% from 1.17 a year earlier but down 76.0% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Price to Book (2021 - 2026) Analysis & Trends
For FY2025, Price to Book at Verano Holdings came in at 6.52, up 38.9% from FY2024.
- In earlier years, Price to Book was 4.69 in FY2024 (-62.2%), 12.43 in FY2023 (+60.3%), 7.75 in FY2022 (-43.7%) and 13.78 in FY2021.
- Quarterly Price to Book has moved between 1.17 (Q2 2025) and 16.50 (Q1 2024) over five years.
- Compared with a year earlier, Price to Book has increased for three straight quarters, with an average decline of 15.9% over the last eight quarters.
- The best year-over-year quarter for Price to Book over five years was Q3 2023 (growth of 144.7%); the worst was Q2 2025 (a decline of 88.5%).
- Per Business Quant data, VRNO's Price to Book in the three quarters before Q2 2026 was 5.89 (Q1 2026), 6.52 (Q4 2025) and 2.83 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 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 |
API Access
Verano Holdings 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=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "VRNO", "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=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();