Harmony Biosciences Holdings, Inc.HRMY

Where HRMY's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$38.59+0.09 (+0.23%)Previous close
NASDAQHealthcare

HRMY P/B: current value, 10-year range and year-by-year history

2.3Historically cheap

HRMY's p/b is lower than 83% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
HRMY P/B historyHRMY P/B from Oct 2023 to Oct 2026: low 1.78, high 4.42, latest 2.27.1.572.343.13.874.63Oct 23Jun 24Jan 25Aug 25Mar 26Oct 26med 2.8

HRMY P/B by year

Yearly range of HRMY’s p/b from 2020 to 2026. Over the full period it ranged from -56.6 to 32.5, averaging 6.9.

HRMY P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.82.22.62.3
20251.82.73.62.5
20243.03.64.43.0
20232.44.98.24.1
20227.911.916.59.8
202111.916.723.613.8
2020-56.63.232.521.2

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is HRMY P/B High or Low Right Now?

Harmony Biosciences Holdings, Inc.'s P/B is currently 2.3, which is historically cheap relative to its 10-year historical range. The 10-year median P/B for HRMY is approximately 4.2. See all HRMY valuation metrics →

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