Baldwin Insurance price to book ratio BWIN

Market value divided by the book value of the company's net assets, since 2024.

Today, Oct 23, 2026: 5.0×
2-year median: 6.4×
Against its 2-year history: 32nd; percentile: 0 is its lowest day, 100 its highest
2-year range: 2.7× to 10.9×
Peer median: 7.9×

Baldwin Insurance's price to book ratio is 5.0× as of Oct 23, 2026.

That is below its 2-year median of 6.4×, lower than on 68% of days in the last 2 years.

Over that time it ranged from 2.7× in Jun 2026 to 10.9× in Oct 2024.

The median for 10 insurance brokers of a similar size is 7.9×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	5.0×	2.7×	6.0×
2025	4.9×	4.2×	9.1×
2024	7.7×	6.4×	10.9×

Against its peers

Companies in Insurance - Brokers nearest Baldwin Insurance's size, closest first, today.

Company	Price to book ratio
BWINBaldwin Insurance	5.0×
CRVLCorvel	10.4×
NPNeptune Insurance	n/m
HGTYHagerty	24.8×
ACTEnact	1.2×
RYANRyan Specialty	21.9×
GSHDGoosehead Insurance	n/m
TWFGTWFG	33.1×
ERIEErie Indemnity	5.4×
BROBrown & Brown	1.9×
WTWWillis Towers Watson Public	3.9×
Peer median	7.9×

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 Baldwin Insurance

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.