Lemonade (LMND) Price to Book (2020 - 2026)
Lemonade's (LMND) Price to Book was 10.07 for Q2 2026, up 64.1% from 6.14 a year earlier and up 8.4% from the prior quarter.
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Analysis
Lemonade (LMND) Price to Book (2020 - 2026) Analysis & Trends
For FY2025, Price to Book at Lemonade was 10.13, up 125.3% from FY2024.
- Price to Book has increased for three consecutive years.
- By year, Price to Book came in at 4.50 in FY2024 (+181.6%), 1.60 in FY2023 (+46.0%), 1.09 in FY2022 (-58.4%) and 2.63 in FY2021 (-65.5%).
- Five-year quarterly Price to Book spans a low of 1.09 in Q4 2022 and a high of 10.13 in Q4 2025.
- Year over year, Price to Book has now increased in each of the last 11 quarters, with growth averaging 154.8% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q3 2025 (growth of 290.1%); the low point was Q2 2022 (a decline of 78.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.29 (Q1 2026), 10.13 (Q4 2025) and 7.74 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - |
| 10 | Lemonade | 3.49 Bn | 1.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.07 |
| Mar 31, 2026 | 9.29 |
| Dec 31, 2025 | 10.13 |
| Sep 30, 2025 | 7.74 |
| Jun 30, 2025 | 6.14 |
| Mar 31, 2025 | 4.22 |
| Dec 31, 2024 | 4.50 |
| Sep 30, 2024 | 1.98 |
| Jun 30, 2024 | 1.84 |
| Mar 31, 2024 | 1.71 |
| Dec 31, 2023 | 1.60 |
| Sep 30, 2023 | 1.12 |
| Jun 30, 2023 | 1.52 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 1.09 |
| Sep 30, 2022 | 1.61 |
| Jun 30, 2022 | 1.33 |
| Mar 31, 2022 | 1.78 |
| Dec 31, 2021 | 2.63 |
| Sep 30, 2021 | 3.94 |
API Access
Lemonade 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=LMND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "LMND", "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=LMND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();