VHC (VirnetX Holding) Book Value per Share: $4.50 (As of Mar. 2026)


VHC VirnetX Holding Corp VHC
49 GF Score
Price $11.77
GF Value $86.75
Valuation Possible Value Trap
! 5 Warning Signs
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What is VirnetX Holding Book Value per Share?

VirnetX Holding VHC -1.51% 49 Book Value per Share is $4.50 as of Mar. 2026. GuruFocus rates VHC with a GF Score™ of 49/100 and a GF Value™ of $86.75 (Possible Value Trap). The stock has 5 warning signs investors should review.

VirnetX Holding's book value per share for the quarter that ended in Mar. 2026 was $4.50.

During the past 12 months, VirnetX Holding's average Book Value Per Share Growth Rate was -47.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -49.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -41.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 22.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of VirnetX Holding was 502.70% per year. The lowest was -93.10% per year. And the median was -19.50% per year.

VirnetX Holding's current price is $11.77. Its book value per share for the quarter that ended in Mar. 2026 was $4.50. Hence, today's PB Ratio of VirnetX Holding is 2.61.

During the past 13 years, the highest P/B Ratio of VirnetX Holding was 177.17. The lowest was 0.24. And the median was 1.78.


VirnetX Holding  (NAS:VHC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


VirnetX Holding Book Value per Share Related Terms


VirnetX Holding Book Value per Share Historical Data

* Premium members only.

The historical data trend for VirnetX Holding's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VirnetX Holding Book Value per Share Chart

VirnetX Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.06 42.63 15.48 9.35 5.35

VirnetX Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.58 7.77 6.86 5.35 4.50

VHC vs WHEN, RMXI, MOVE: Book Value per Share Comparison

For the Software - Infrastructure subindustry, VirnetX Holding's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VirnetX Holding PB Ratio vs Software Industry

For the Software industry and Technology sector, VirnetX Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where VirnetX Holding's PB Ratio falls into.


VHC
49GF Score
VirnetX Holding Corp VHC
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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VirnetX Holding Book Value per Share Calculation

VirnetX Holding's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(22.47-0.00)/4.20
=5.35

VirnetX Holding's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(18.85-0.00)/4.19
=4.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $4.50 mean?
VirnetX Holding (VHC) has a Book Value per Share of $4.50 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on VirnetX Holding and its competitors.
Is VirnetX Holding's Book Value per Share too high?
VirnetX Holding's current Book Value per Share is $4.50. Overall, VirnetX Holding has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VirnetX Holding's Book Value per Share compare to WHEN and RMXI?
VirnetX Holding's Book Value per Share of $4.50 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Software company?
A good Book Value per Share depends on the Software industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on VirnetX Holding and its competitors. VirnetX Holding's current Book Value per Share is $4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirnetX Holding stock overvalued right now?
Based on GuruFocus' analysis, VirnetX Holding (VHC) is currently considered Possible Value Trap. The stock's GF Value™ is $86.75, compared to a current price of $11.77 — trading 86.4% below its estimated fair value. The current Book Value per Share is $4.50. VirnetX Holding's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For VirnetX Holding (VHC), the current Book Value per Share is $4.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VirnetX Holding (VHC) Overvalued in 2026?

Based on GuruFocus' analysis, VirnetX Holding stock appears to be undervalued. The current stock price of $11.77 is trading 86.4% below its estimated GF Value™ of $86.75. GuruFocus considers VirnetX Holding to be Possible Value Trap.

Key valuation signals for VHC:

  • Book Value per Share: $4.50
  • GF Value™: $86.75 vs. price of $11.77 (86.4% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the VHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VirnetX Holding Business Description

Other Exchanges VN20:Germany
Address 308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications. Its software and technology solutions, including its Secure Domain Name Registry and Technology, VirnetX One, War Room, VirnetX Matrix, and GABRIEL Connection Technology, are designed to be device and location-independent, and enable a secure real-time communication environment for all types of enterprise applications, services and critical infrastructures.
49GF Score

Get the complete analysis for VHC

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.77
Price
$86.75
GF Value