According to Root Insurance
's latest financial reports the company has a price-to-book ratio of 6.30.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 0.9234 | 304.17% |
2022-12-31 | 0.2285 | -84.34% |
2021-12-31 | 1.46 | -61.76% |
2020-12-31 | 3.82 | |
2019-12-31 | N/A |