Friday 6 November 2026 Export VERX’s income statement to Excel — free account

Vertex, Inc.

VERX Technology Software Application

Vertex, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $748.4 million, up 12.2% from fiscal 2024.

Revenue: +11.0%
EPS: +1,100.0%
Free cash flow: +76.8%
Total debt: +0.66%

Quarter to September 2026, against a year earlier

17.58 1.66 +10.43%

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Market cap: $2.9B
P/E: 511×
Fwd P/E: 71.3×
Dividend yield: —
F-score: 6/9
Altman Z: 2.41
Beneish M: −2.95
Dividend safety: n/a

Overview

Vertex, Inc. (VERX) P/B ratio

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As of 5 November 2026, Vertex, Inc. (VERX) trades at a P/B ratio of 15.7×. Over the past ten years it has ranged from 0.0× (September 2020) to 51.0× (January 2025); the current reading is higher than 65% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

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<iframe src="https://stockrow.com/embed/VERX/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Vertex, Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/VERX/metrics/pb-ratio">Vertex, Inc. (VERX) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	12.3×	(73.47%)
FY2024	46.2×	187.17%
FY2023	16.1×	69.04%
FY2022	9.5×	(6.63%)
FY2021	10.2×	(48.99%)
FY2020	20.0×	—
FY2019	0.0×	—
FY2018	0.0×	—

Period	P/B ratio	Change
Sep 2026	10.5×	37.33%
Jun 2026	7.7×	(0.70%)
Mar 2026	7.7×	(36.88%)
Dec 2025	12.3×	(17.98%)
26 more quarters	Free account

Against its own ten years

Low 0.0× High 51.0×

Ten-year median 13.5×

Current reading's percentile 64

Company	P/B ratio
GRND Grindr Inc. compare	n/m
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare	1.9×
PLUS ePlus inc. compare	2.0×
BULL Webull Corporation compare	2.5×
NCNO nCino Inc. compare	2.6×
SPSC SPS Commerce, Inc. compare	3.2×
VERX Vertex, Inc.	15.7×
BLKB Blackbaud, Inc. compare	20.7×
ASAN Asana, Inc. compare	24.7×
Software Application industry median	2.6×
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 →

Vertex, Inc. (VERX) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

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P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on VERX

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