Varonis Systems VRNS
NASDAQ VRNS
$45.48 -0.61 (-1.32%)
As of: Sep 8, 2026 · 3:59 PM EDT

Varonis Systems (VRNS) Price to Book (2014 - 2026)

Varonis Systems (VRNS) posted Price to Book of 10.84 for Q2 2026, up 99.47% on a QoQ basis from 5.44 in Q1 2026, and down 34.89% year-over-year from 16.65 in Q2 2025.

Analysis

Varonis Systems (VRNS) Price to Book (2014 - 2026) Analysis & Trends

Varonis Systems has reported Price to Book for 13 years, with the latest figure at 10.84 in Q2 2026.

  • On a quarterly basis, Price to Book fell 34.89% year-over-year to 10.84 in Q2 2026; TTM through Jun 2026 was 10.84, a 34.89% decrease from a year earlier, with the FY2025 full-year figure at 6.44, down 41.32% from the prior year.
  • Price to Book was 10.84 for Q2 2026 at Varonis Systems, up from 5.44 in the prior quarter.
  • The five-year high for Price to Book was 16.65 in Q2 2025, with the low at 5.13 in Q4 2022.
  • Average Price to Book over 5 years is 9.35, with a median of 9.91 recorded in 2022.
  • The sharpest annual moves came in 2024 and 2026: Price to Book soared 98.03% in 2024, then tumbled 56.22% in 2026.
  • Over 5 years, Price to Book stood at 5.13 in 2022, then surged by 96.54% to 10.09 in 2023, then increased by 8.77% to 10.97 in 2024, then slumped by 41.32% to 6.44 in 2025, then jumped by 68.35% to 10.84 in 2026.
  • The last three Price to Book figures came in at 10.84 (Q2 2026), 5.44 (Q1 2026), and 6.44 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Palo Alto Networks 269.46 Bn 266.34 Bn 2.03 Bn
2 CrowdStrike Holdings 213.75 Bn 208.74 Bn 1.10 Bn
3 Fortinet 115.33 Bn 111.27 Bn 1.64 Bn
4 Axon Enterprise 40.70 Bn 40.03 Bn 546.45 Mn
5 Zscaler 25.94 Bn 22.46 Bn -
6 F5 22.10 Bn 20.50 Bn 711.51 Mn
7 Rubrik 18.86 Bn 17.11 Bn 335.12 Mn
8 Gen Digital 17.83 Bn 17.27 Bn 1.03 Bn
9 Check Point Software Technologies 14.27 Bn 11.99 Bn 574.10 Mn
10 Varonis Systems 5.21 Bn 4.55 Bn 135.51 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.84
Mar 31, 2026 5.44
Dec 31, 2025 6.44
Sep 30, 2025 11.20
Jun 30, 2025 16.65
Mar 31, 2025 12.42
Dec 31, 2024 10.97
Sep 30, 2024 14.82
Jun 30, 2024 11.73
Mar 31, 2024 11.64
Dec 31, 2023 10.09
Sep 30, 2023 7.48
Jun 30, 2023 6.22
Mar 31, 2023 5.93
Dec 31, 2022 5.13
Sep 30, 2022 5.49
Jun 30, 2022 6.12
Mar 31, 2022 9.72
Dec 31, 2021 8.79
Sep 30, 2021 11.32