Hubspot (HUBS) Price to Book (2014 - 2026)
Hubspot's (HUBS) Price to Book was 5.47 for Q2 2026, down 61.5% from 14.21 a year earlier and down 13.9% from the prior quarter.
Analysis
Hubspot (HUBS) Price to Book (2014 - 2026) Analysis & Trends
For FY2025, Price to Book at Hubspot was 10.21, down 46.0% from FY2024.
- By year, Price to Book came in at 18.90 in FY2024 (-13.9%), 21.95 in FY2023 (+53.4%), 14.31 in FY2022 (-60.1%) and 35.87 in FY2021 (+49.6%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Book since Q4 2014.
- Year over year, Price to Book has now declined in each of the last nine quarters, with an average decline of 34.5% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q3 2021 (growth of 109.8%); the low point was Q3 2022 (a decline of 62.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.35 (Q1 2026), 10.21 (Q4 2025) and 13.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 453.55 Bn | 422.61 Bn | 1.64 Bn |
| 2 | Oracle | 430.98 Bn | 303.54 Bn | - |
| 3 | Sap Se | 256.23 Bn | 177.31 Bn | 8.40 Bn |
| 4 | Salesforce | 193.08 Bn | 148.96 Bn | 8.70 Bn |
| 5 | ServiceNow | 138.94 Bn | 117.40 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 102.51 Bn | 84.63 Bn | 2.51 Bn |
| 7 | Intuit | 75.44 Bn | 54.79 Bn | 3.44 Bn |
| 8 | Relx | 60.79 Bn | 57.76 Bn | - |
| 9 | Strategy | 56.32 Bn | 49.31 Bn | 81.55 Mn |
| 10 | Hubspot | 10.65 Bn | 4.44 Bn | 750.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.47 |
| Mar 31, 2026 | 6.35 |
| Dec 31, 2025 | 10.21 |
| Sep 30, 2025 | 13.16 |
| Jun 30, 2025 | 14.21 |
| Mar 31, 2025 | 14.90 |
| Dec 31, 2024 | 18.90 |
| Sep 30, 2024 | 15.66 |
| Jun 30, 2024 | 18.92 |
| Mar 31, 2024 | 22.03 |
| Dec 31, 2023 | 21.95 |
| Sep 30, 2023 | 20.67 |
| Jun 30, 2023 | 24.33 |
| Mar 31, 2023 | 20.26 |
| Dec 31, 2022 | 14.31 |
| Sep 30, 2022 | 14.47 |
| Jun 30, 2022 | 16.57 |
| Mar 31, 2022 | 27.21 |
| Dec 31, 2021 | 35.87 |
| Sep 30, 2021 | 38.40 |
API Access
Hubspot Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=HUBS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "HUBS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=HUBS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();