Exelixis price to book ratio EXEL
Market value divided by the book value of the company's net assets, since 2011.
- Today, Oct 23, 2026
- 8.7×
- 10-year median
- 4.1×
- Against its 10-year history
- 83rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 2.0× to 198×
- Peer median
- 5.1×
Exelixis' price to book ratio is 8.7× as of Oct 23, 2026.
That is above its ten-year median of 4.1×, higher than on 83% of days in the last ten years.
Over that time it ranged from 2.0× in Dec 2022 to 198× in Feb 2017.
The median for 10 biotech stocks of a similar size is 5.1×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 8.7× | 5.0× | 8.7× |
| 2025 | 5.7× | 4.1× | 5.9× |
| 2024 | 4.2× | 2.7× | 4.6× |
| 2023 | 3.2× | 2.1× | 3.2× |
| 2022 | 2.1× | 2.0× | 3.3× |
| 2021 | 2.7× | 2.4× | 4.2× |
| 2020 | 3.4× | 2.7× | 4.8× |
| 2019 | 3.4× | 3.0× | 7.8× |
| 2018 | 6.3× | 5.4× | 39.2× |
| 2017 | 37.7× | 32.0× | 198× |
| 2016 | 133× | 107× | 155× |
| 2015 | n/m a value too high to mean anything | ||
| 2014 | 102× | 8.5× | 113× |
| 2013 | 8.2× | 2.5× | 8.2× |
| 2012 | 2.4× | 2.4× | 9.4× |
| 2011 | 197× | 168× | 197× |
Against its peers
Companies in Biotechnology nearest Exelixis' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| EXELExelixis | 8.7× |
| NBIXNeurocrine Biosciences | 3.9× |
| HALOHalozyme Therapeutics | 99.3× |
| TECHBIO-TECHNE | 5.4× |
| INCYIncyte | 3.7× |
| UTHRUnited Therapeutics | 3.9× |
| RGENRepligen | 4.7× |
| KRYSKrystal Biotech | 6.8× |
| ALNYAlnylam Pharmaceuticals | 22.1× |
| ONCBeOne Medicines | 8.3× |
| REGNRegeneron Pharmaceuticals | 2.6× |
| Peer median | 5.1× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Exelixis
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.