Denali Therapeutics Inc.

DNLI Healthcare Biotechnology

Denali Therapeutics Inc.’s revenue for fiscal 2023 (year ended December 2023) was $330.5 million, up 204.7% from fiscal 2022.

Revenue
−94.0%
EPS
+150.3%
Free cash flow
−11.8%
Total debt
−1.89%

Quarter to September 2026, against a year earlier

20.12 0.40 +2.03%
Market cap
$3.2B
P/E
0.0×
Fwd P/E
−7.7×
Dividend yield
—
F-score
4/9
Altman Z
13.78
Beneish M
n/a
Dividend safety
n/a

Denali Therapeutics Inc. (DNLI) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Denali Therapeutics Inc. (DNLI) trades at a P/B ratio of 4.0×. Over the past ten years it has ranged from 0.0× (December 2017) to 11.4× (December 2020); the current reading is higher than 62% of that period. That is above the Biotechnology industry median of 2.0× and above the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2023 2.9× (14.34%)
FY2022 3.3× (40.93%)
FY2021 5.6× (29.00%)
FY2020 7.9× 88.10%
FY2019 4.2× 20.53%
FY2018 3.5× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 4.2× (27.13%)
Jun 2026 5.8× 102.40%
Dec 2023 2.9× 17.01%
Sep 2023 2.4× (28.52%)
22 more quarters

Against its own ten years

Low 0.0× High 11.4×
Ten-year median 3.7×
Current reading's percentile 61

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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