Xencor, Inc.

XNCR Healthcare Biotechnology

Xencor, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $125.6 million, up 13.7% from fiscal 2024.

Revenue
+17.5%
EPS
+29.3%
Free cash flow
−52.9%

Quarter to June 2026, against a year earlier

36.11 2.06 +6.05%
Market cap
$2.5B
P/E
0.0×
Fwd P/E
−9.9×
Dividend yield
—
F-score
3/9
Altman Z
1.73
Beneish M
−2.86
Dividend safety
n/a

Xencor, Inc. (XNCR) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Xencor, Inc. (XNCR) trades at a P/B ratio of 5.2×. Over the past ten years it has ranged from 0.8× (August 2025) to 9.3× (January 2015); the current reading is higher than 96% of that period. That is above the Biotechnology industry median of 2.0× 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 1.8× (19.36%)
FY2024 2.2× 7.80%
FY2023 2.1× (3.33%)
FY2022 2.1× (33.36%)
FY2021 3.2× (26.77%)
FY2020 4.4× 33.05%
FY2019 3.3× (12.35%)
FY2018 3.7× 10.85%
FY2017 3.4× 2.12%
FY2016 3.3× (5.93%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.4× 37.91%
Mar 2026 1.8× (1.59%)
Dec 2025 1.8× 28.11%
Sep 2025 1.4× 48.33%
39 more quarters

Against its own ten years

Low 0.8× High 9.3×
Ten-year median 3.1×
Current reading's percentile 99

P/B ratio against peers

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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