Halozyme Therapeutics, Inc.

HALO Healthcare Biotechnology

Halozyme Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 37.6% from fiscal 2024.

Revenue
+39.2%
EPS
+45.6%
Free cash flow
−58.6%
Total debt
+115.1%

Quarter to September 2026, against a year earlier

104.29 18.67 −15.18%
Market cap
$14.0B
P/E
29.5×
Fwd P/E
17.9×
Dividend yield
—
F-score
5/9
Altman Z
3.46
Beneish M
−2.59
Dividend safety
n/a

Halozyme Therapeutics, Inc. (HALO) P/B ratio

Alert me on P/B ratio

Halozyme Therapeutics, Inc. has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 199× (February 2026) — the current reading is the lowest in ten years.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 165× 891.36%
FY2024 16.7× (71.68%)
FY2023 58.9× 32.47%
FY2022 44.4× 54.73%
FY2021 28.7× (25.44%)
FY2020 38.5× 38.11%
FY2019 27.9× 230.36%
FY2018 8.4× (36.17%)
FY2017 13.2× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 0.0× —
Jun 2026 63.9× 83.94%
Mar 2026 34.8× (78.96%)
Dec 2025 165× 868.48%
43 more quarters

Against its own ten years

Low 0.0× High 199×
Ten-year median 28.2×
Current reading's percentile 7

P/B ratio against peers

Company P/B ratio
HALO Halozyme Therapeutics, Inc. n/m
BBIO BridgeBio Pharma, Inc. compare n/m
BMRN BioMarin Pharmaceutical Inc. compare 1.7×
JAZZ Jazz Pharmaceuticals PLC compare 3.5×
TECH Bio-Techne Corp compare 5.4×
KYMR Kymera Therapeutics, Inc. compare 7.8×
EXEL Exelixis, Inc. compare 9.3×
ASND Ascendis Pharma A/S compare 9.8×
SMMT Summit Therapeutics PLC compare 17.8×
Biotechnology industry median 2.0×
Healthcare sector median 2.3×
Market median 1.7×

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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