HubSpot price to book ratio HUBS

Market value divided by the book value of the company's net assets, since 2015.

Today, Oct 23, 2026: 8.2×
10-year median: 18.8×
Against its 10-year history: 8th; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.5× to 47.8×
Peer median: 5.8×

HubSpot's price to book ratio is 8.2× as of Oct 23, 2026.

That is below its ten-year median of 18.8×, lower than on 92% of days in the last ten years.

Over that time it ranged from 4.5× in Jun 2026 to 47.8× in Nov 2021.

The median for 10 application software stocks of a similar size is 5.8×.

Price to book ratio over time

median 18.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	8.2×	4.5×	10.8×
2025	11.2×	10.0×	23.0×
2024	20.9×	15.2×	27.4×
2023	24.6×	14.6×	26.4×
2022	15.5×	14.1×	30.9×
2021	37.4×	23.3×	47.8×
2020	24.8×	7.5×	26.0×
2019	10.8×	9.6×	29.9×
2018	21.2×	16.2×	27.3×
2017	15.8×	12.2×	21.9×
2016	13.7×	8.8×	17.3×
2015	15.5×	11.0×	16.2×

Against its peers

Companies in Software - Application nearest HubSpot's size, closest first, today.

Company	Price to book ratio
HUBSHubSpot	8.2×
PINSPinterest	4.4×
FDSFactset Research Systems	5.8×
DOCNDigitalOcean	11.8×
ESTCElastic	8.3×
MTCHMatch	n/m
FICOFair Isaac	n/m
SSNCSS&C Technologies	2.9×
HNGEHinge Health	26.1×
RNGRingCentral	n/m
ZMZoom Communications	2.5×
Peer median	5.8×

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 HubSpot

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