IQVIA Holdings Inc.

IQV Healthcare Diagnostics & Research

IQVIA Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.3 billion, up 5.87% from fiscal 2024.

Revenue
+8.00%
EPS
+10.2%
Free cash flow
−21.3%
Total debt
+7.42%

Quarter to September 2026, against a year earlier

270.07 5.19 +1.96%
Market cap
$43.7B
P/E
31.8×
Fwd P/E
34.8×
Dividend yield
—
F-score
4/9
Altman Z
2.05
Beneish M
−2.59
Dividend safety
n/a

IQVIA Holdings Inc. (IQV) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, IQVIA Holdings Inc. (IQV) trades at a P/B ratio of 6.4×. Over the past ten years it has ranged from 0.0× (December 2016) to 9.3× (December 2021); the current reading is higher than 75% of that period. That is above the Diagnostics & Research industry median of 3.4× 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
FY2025 5.8× (0.48%)
FY2024 5.9× (15.24%)
FY2023 6.9× 4.44%
FY2022 6.6× (25.78%)
FY2021 8.9× 63.76%
FY2020 5.5× 13.39%
FY2019 4.8× 41.44%
FY2018 3.4× 29.11%
FY2017 2.6× 103.58%
FY2016 1.3× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 6.5× 28.01%
Jun 2026 5.1× 12.60%
Mar 2026 4.5× (22.60%)
Dec 2025 5.8× 13.68%
43 more quarters

Against its own ten years

Low 0.0× High 9.3×
Ten-year median 4.8×
Current reading's percentile 70

P/B ratio against peers

Company P/B ratio
WAT Waters Corporation compare 2.9×
LH Labcorp Holdings Inc. compare 3.3×
DGX Quest Diagnostics Incorporated compare 3.5×
IQV IQVIA Holdings Inc. 6.4×
A Agilent Technologies, Inc. compare 6.6×
ILMN Illumina, Inc. compare 10.1×
NTRA Natera, Inc. compare 28.2×
IDXX IDEXX Laboratories, Inc. compare 28.2×
MTD Mettler-Toledo International, Inc. compare 2,631×
Diagnostics & Research industry median 3.4×
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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