Lemonade (Lemonade) Price-to-Tangible-Book : 1.88 (As of May. 09, 2024)

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What is Lemonade Price-to-Tangible-Book?

As of today (2024-05-09), Lemonade's share price is $16.99. Lemonade's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $9.04. Hence, Lemonade's Price to Tangible Book Ratio of today is 1.88.

The historical rank and industry rank for Lemonade's Price-to-Tangible-Book or its related term are showing as below:

LMND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16 Med: 1.79 Max: 12.87
Current: 1.88

During the past 6 years, Lemonade's highest Price to Tangible Book Ratio was 12.87. The lowest was 1.16. And the median was 1.79.

LMND's Price-to-Tangible-Book is ranked worse than
63.76% of 458 companies
in the Insurance industry
Industry Median: 1.35 vs LMND: 1.88

A closely related ratio is called PB Ratio. As of today, Lemonade's share price is $16.99. Lemonade's Book Value per Sharefor the quarter that ended in Mar. 2024 was $9.60. Hence, Lemonade's P/B Ratio of today is 1.77.

Lemonade Price-to-Tangible-Book Historical Data

The historical data trend for Lemonade's Price-to-Tangible-Book 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.

Lemonade Price-to-Tangible-Book Chart

Lemonade Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

12.87

2.63

1.16

1.70

Lemonade Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.28	1.62	1.19	1.70	1.82

Competitive Comparison of Lemonade's Price-to-Tangible-Book

For the Insurance - Property & Casualty subindustry, Lemonade's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Lemonade's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Lemonade's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lemonade's Price-to-Tangible-Book falls into.

Lemonade Price-to-Tangible-Book Calculation

Lemonade's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	16.99	/	9.037
	=	1.88

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Lemonade Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Lemonade's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Lemonade (Lemonade) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lemonade Inc (NYSE:LMND) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LMND:Mexico LE0:Germany

Address

5 Crosby Street, 3rd Floor, New York, NY, USA, 10013

Website

https://www.lemonade.com

Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Virginia and others.

Executives

John Sheldon Peters	officer: Chief Insurance Officer	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Timothy E Bixby	officer: Chief Financial Officer	C/O SHUTTERSTOCK, 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Alex Clavel	10 percent owner	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Michael A Eisenberg	director, 10 percent owner	C/O SHOPPING.COM, 8000 MARINA BLVD. 5TH FLOOR, BRISBANE CA 94005
Adina Eckstein	officer: Chief Operating Officer	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Irina Novoselsky	director	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Silvija Martincevic	director	C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Becker Caryn Seidman	director	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Jorge Espinel	officer: CBDO	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
George Thompson Hutton	director	C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755
Joel E Cutler	director	C/O GENERAL CATALYST PARTNERS, 20 UNIVERSITY ROAD, SUITE 450, CAMBRIDGE MA 02138
Daniel A. Schreiber	director, 10 percent owner, officer: Co-Founder & CEO	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Shai Wininger	director, 10 percent owner, officer: See Remarks	C/O LEMONADE, INC., 5 CROSBY STREET, 3RD FLOOR, NEW YORK NY 10013
Haim Sadger	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Israel Venture V Principals Fund, L.p.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025