Hippo price to book ratio HIPO
Market value divided by the book value of the company's net assets, since 2021.
- Today, Oct 23, 2026
- 2.2×
- 5-year median
- 1.7×
- Against its 5-year history
- 72nd
- percentile: 0 is its lowest day, 100 its highest
- 5-year range
- 0.4× to 64.4×
- Peer median
- 1.7×
Hippo's price to book ratio is 2.2× as of Oct 23, 2026.
That is above its 5-year median of 1.7×, higher than on 72% of days in the last 5 years.
Over that time it ranged from 0.4× in Oct 2023 to 64.4× in Nov 2021.
The median for 10 property and casualty insurers of a similar size is 1.7×.
Price to book ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 2.2× | 1.4× | 2.2× |
| 2025 | 1.9× | 1.5× | 2.8× |
| 2024 | 2.0× | 0.5× | 2.5× |
| 2023 | 0.5× | 0.4× | 0.8× |
| 2022 | 0.5× | 0.4× | 38.5× |
| 2021 | 44.2× | 42.6× | 64.4× |
Against its peers
Companies in Insurance - Property & Casualty nearest Hippo's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| HIPOHippo | 2.2× |
| HRTGHeritage Insurance | 1.9× |
| EIGEmployers | 1.1× |
| BOWBowhead Specialty | 2.4× |
| ASICAtegrity Specialty Insurance | 1.7× |
| ROOTRoot | 2.5× |
| UVEUniversal Insurance | 2.1× |
| DGICADonegal | 1.0× |
| UFCSUnited Fire | 1.5× |
| SAFTSafety Insurance | 1.7× |
| AIIAmerican Integrity Insurance | 1.5× |
| Peer median | 1.7× |
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 Hippo
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.