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Hippo Holdings (Hippo Holdings) PB Ratio : 1.33 (As of Apr. 26, 2024)


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What is Hippo Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), Hippo Holdings's share price is $20.85. Hippo Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $15.65. Hence, Hippo Holdings's PB Ratio of today is 1.33.

The historical rank and industry rank for Hippo Holdings's PB Ratio or its related term are showing as below:

HIPO' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.73   Max: 20.12
Current: 1.33

During the past 4 years, Hippo Holdings's highest PB Ratio was 20.12. The lowest was 0.42. And the median was 0.73.

HIPO's PB Ratio is ranked worse than
54.66% of 483 companies
in the Insurance industry
Industry Median: 1.21 vs HIPO: 1.33

During the past 12 months, Hippo Holdings's average Book Value Per Share Growth Rate was -38.50% per year.

Back to Basics: PB Ratio


Hippo Holdings PB Ratio Historical Data

The historical data trend for Hippo Holdings's PB Ratio 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.

* Premium members only.

Hippo Holdings PB Ratio Chart

Hippo Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- 1.86 0.53 0.58

Hippo Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.70 0.88 0.47 0.58

Competitive Comparison of Hippo Holdings's PB Ratio

For the Insurance - Specialty subindustry, Hippo Holdings'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.


Hippo Holdings's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hippo Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hippo Holdings's PB Ratio falls into.



Hippo Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Hippo Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=20.85/15.649
=1.33

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Hippo Holdings  (NYSE:HIPO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Hippo Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Hippo Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hippo Holdings (Hippo Holdings) Business Description

Traded in Other Exchanges
N/A
Address
150 Forest Avenue, Palo Alto, CA, USA, 94301
Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, and service line coverage, among others.
Executives
John Drake Nichols director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Mark Schaaf director 150 FOREST AVENUE, PALO ALTO CA 94301
Anirudh Badia officer: Chief Accounting Officer 150 FOREST AVENUE, PALO ALTO CA 94301
Yuval Harry officer: Chief Revenue Officer 150 FOREST AVENUE, PALO ALTO CA 95624
Christopher Donahue officer: General Manager, MGA & CUO 150 FOREST AVENUE, PALO ALTO CA 94301
Noah Knauf director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sam Landman director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Richard Mccathron director, officer: President 8240 N. MOPAC EXPRESSWAY, #215, AUSTIN TX 78759
Assaf Wand director, officer: See Remarks C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Sandra S Wijnberg director 100 E. PRATT STREET, BA-1320, BALTIMORE MD 21202
Stewart Ellis officer: Chief Financial Officer C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Eric Feder director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Ran Harpaz officer: Chief Technology Officer C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Aviad Pinkovezky officer: Chief Product Officer C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Amy Errett director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301