Moderna, Inc. MRNA
198.88
4.06
2.08%
as of 25 Sep
- Market cap
- $78.8B
- P/E
- 0.0×
Follow MRNA
Indexes
indicate stock being part of an index
Moderna, Inc. (MRNA) P/B ratio
As of 25 September 2026, Moderna, Inc. (MRNA) trades at a P/B ratio of 11.7×. Over the past ten years it has ranged from 0.0× (December 2018) to 29.1× (August 2021); the current reading is higher than 85% of that period. That is above the Biotechnology industry median of 2.5× and above the Healthcare sector median of 2.5×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.3× | (9.46%) |
| FY2024 | 1.5× | (52.78%) |
| FY2023 | 3.1× | (15.88%) |
| FY2022 | 3.7× | (49.04%) |
| FY2021 | 7.2× | (53.44%) |
| FY2020 | 15.5× | 182.02% |
| FY2019 | 5.5× | 580.87% |
| FY2018 | 0.8× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 4.1× | 52.19% |
| Mar 2026 | 2.7× | 104.25% |
| Dec 2025 | 1.3× | 22.83% |
| Sep 2025 | 1.1× | (5.20%) |
| 30 more quarters | Free account |
Against its own ten years
Low 0.0×
High 29.1×
Ten-year median
3.4×
Current reading's percentile
85
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| REGN Regeneron Pharmaceuticals, Inc. compare | 2.6× |
| RPRX Royalty Pharma PLC compare | 2.6× |
| VRTX Vertex Pharmaceuticals Incorporated compare | 6.6× |
| ARGX argenex SE compare | 7.1× |
| ONC BeOne Medicines Ltd. - Sponsored ADR compare | 7.8× |
| MRNA Moderna, Inc. | 11.7× |
| RVMD Revolution Medicines, Inc. compare | 16.6× |
| ALNY Alnylam Pharmaceuticals, Inc. compare | 25.3× |
| INSM Insmed, Inc. compare | 33.8× |
| Biotechnology industry median | 2.5× |
| Healthcare sector median | 2.5× |
| Market median | 1.8× |
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))
More on MRNA
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement