Hagerty price to book ratio HGTY

Market value divided by the book value of the company's net assets, since 2021.

Today, Oct 23, 2026: 24.8×
5-year median: 30.2×
Against its 5-year history: 38th; percentile: 0 is its lowest day, 100 its highest
5-year range: 15.8× to 58.8×
Peer median: 4.6×

Hagerty's price to book ratio is 24.8× as of Oct 23, 2026.

That is below its 5-year median of 30.2×, close to the middle of its last 5 years.

Over that time it ranged from 15.8× in May 2026 to 58.8× in Aug 2022.

The median for 10 insurance brokers of a similar size is 4.6×.

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	24.8×	15.8×	24.8×
2025	22.3×	19.1×	25.2×
2024	22.6×	22.6×	43.1×
2023	35.3×	28.8×	56.5×
2022	28.4×	26.8×	58.8×
2021	30.5×	29.0×	30.5×

Against its peers

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

Company	Price to book ratio
HGTYHagerty	24.8×
ACTEnact	1.2×
CRVLCorvel	10.4×
NPNeptune Insurance	n/m
RYANRyan Specialty	21.9×
ERIEErie Indemnity	5.4×
GSHDGoosehead Insurance	n/m
TWFGTWFG	33.1×
BROBrown & Brown	1.9×
WTWWillis Towers Watson Public	3.9×
CRD-ACrawford	3.2×
Peer median	4.6×

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 Hagerty

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