What is Lemonade's price / book?

Lemonade (LMND) reported price / book of 9.2× in Q1 2026.

How has Lemonade's price / book changed year-over-year?

Lemonade's price / book increased by 120.3% year-over-year, from 4.2× to 9.2×.

What is the long-term trend for Lemonade's price / book?

Over 5 years (2020 to 2025), Lemonade's price / book has grown at a -6.1% compound annual growth rate (CAGR), from 13.6× to 10×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

Lemonade LMND Price / book

Price / book at other companies

ProgressivePGR

3.6×-2.1×

AllstateALL

1.7×-0.8×

Berkshire HathawayBRK.B

1.4×-0.3×

AssurantAIZ

1.8×-0.2×

Cincinnati FinancialCINF

1.6×-0.1×

The Travelers CompaniesTRV

2×-0.2×

Other financials

Income statement

See full

Revenue$258.0M+70.6%

Net income-$35.8M+42.6%

EPS (diluted)-$0.47+45.3%

Balance sheet

See full

Cash & equivalents$386.5M+20.9%

Total debt$20.8M-4.6%

Total equity$518.0M-5.0%

Total assets$2.0B+5.5%

Cash flow

See full

Operating cash flow-$600.0K+98.7%

CapEx$3.5M+52.2%

Free cash flow-$4.1M+91.7%

Valuation

See full

Market cap$4.52B+109%

Enterprise value$4.15B+122%

P/S5.4×+1.5×

Profitability

See full

Net margin-16.4%-6.0pp

FCF margin-15.4%-6.4pp

Returns & leverage

See full

Return on equity-26.1%-5.5pp

Debt / equity0×0.0×

Where this comes from

Calculated from Lemonade’s reported figures.

market cap/total stockholders equity=9.2×

Based on the most recent quarter.

The official record: Lemonade’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Lemonade's price / book.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Lemonade's price / book?: Lemonade (LMND) reported price / book of 9.2× in Q1 2026.
How has Lemonade's price / book changed year-over-year?: Lemonade's price / book increased by 120.3% year-over-year, from 4.2× to 9.2×.
What is the long-term trend for Lemonade's price / book?: Over 5 years (2020 to 2025), Lemonade's price / book has grown at a -6.1% compound annual growth rate (CAGR), from 13.6× to 10×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.