IonQ, Inc.

IONQ Technology Computer Hardware

IonQ, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $130.0 million, up 201.9% from fiscal 2024.

Revenue
+336.0%
EPS
+139.7%
Free cash flow
−142.4%

Quarter to September 2026, against a year earlier

32.02 5.59 +21.15%
Market cap
$11.4B
P/E
40.8×
Fwd P/E
−7.5×
Dividend yield
—
F-score
4/9
Altman Z
2.63
Beneish M
1.69
Dividend safety
n/a

IonQ, Inc. (IONQ) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, IonQ, Inc. (IONQ) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 1.1× (December 2022) to 285× (September 2021); the current reading is higher than 20% of that period. That is above the Computer Hardware industry median of 1.6× and below the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.3× (85.77%)
FY2024 23.2× 356.40%
FY2023 5.1× 321.85%
FY2022 1.2× (69.02%)
FY2021 3.9× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.4× (42.15%)
Jun 2026 5.9× 182.82%
Mar 2026 2.1× (37.15%)
Dec 2025 3.3× (58.34%)
19 more quarters

Against its own ten years

Low 1.1× High 285×
Ten-year median 4.0×
Current reading's percentile 20

P/B ratio against peers

Company P/B ratio
HPQ HP Inc. compare n/m
IQMX IQM Quantum Computers Oyj compare n/m
SMCI Super Micro Computer, Inc. compare 1.5×
IONQ IonQ, Inc. 2.1×
QBTS D-Wave Quantum Inc. compare 3.1×
CRCT Cricut, Inc. compare 4.8×
RGTI Rigetti Computing, Inc. compare 6.1×
LOGI Logitech International S.A. compare 6.5×
P Everpure, Inc. compare 20.5×
Computer Hardware industry median 1.6×
Technology sector median 2.5×
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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