What is Xencor's price / book?

Xencor (XNCR) reported price / book of 1.7× in Q1 2026.

How has Xencor's price / book changed year-over-year?

Xencor's price / book increased by 46.4% year-over-year, from 1.2× to 1.7×.

What is the long-term trend for Xencor's price / book?

Over 5 years (2020 to 2025), Xencor's price / book has grown at a -17.3% compound annual growth rate (CAGR), from 4.5× to 1.7×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

Xencor XNCR Price / book

Price / book at other companies

AmgenAMGN

20.6×-6.3×

Regeneron PharmaceuticalsREGN

2.6×+0.2×

Janux TherapeuticsJANX

0.9×-0.7×

AbCellera Biologics Inc.ABCL

1.1×+0.5×

AnaptysBio, Inc.ANAB

125.1×+108×

Xenon PharmaceuticalsXENE

4.1×+0.5×

Other financials

Income statement

See full

Revenue$4.5M-86.2%

Operating income-$77.9M-80.3%

Net income-$128.9M-166%

EPS (diluted)-$1.71-159%

Balance sheet

See full

Cash & equivalents$14.2M-64.3%

Total debt$175.2M-21.2%

Total equity$515.6M-19.4%

Total assets$736.8M-18.6%

Cash flow

See full

Operating cash flow-$67.6M-317%

CapEx$610.0K-57.8%

Free cash flow-$68.2M-286%

Valuation

See full

Market cap$1.07B+76.3%

Enterprise value$1.23B+55.9%

P/S11×+6.2×

Profitability

See full

Operating margin-217.9%+425pp

Net margin-177.1%+16.5pp

FCF margin-194%+166pp

Returns & leverage

See full

Return on equity-29.8%-2.7pp

Debt / equity0.3×0.0×

Current ratio6.6×+0.7×

Where this comes from

Calculated from Xencor’s reported figures.

market cap/total stockholders equity=1.7×

Based on the most recent quarter.

The official record: Xencor’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Xencor's price / book.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Xencor's price / book?: Xencor (XNCR) reported price / book of 1.7× in Q1 2026.
How has Xencor's price / book changed year-over-year?: Xencor's price / book increased by 46.4% year-over-year, from 1.2× to 1.7×.
What is the long-term trend for Xencor's price / book?: Over 5 years (2020 to 2025), Xencor's price / book has grown at a -17.3% compound annual growth rate (CAGR), from 4.5× to 1.7×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.