Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.
P/B ratio for Lemonade, Inc. (LMND)
P/B ratio as of 2023: 1.58
According to Lemonade, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.58. At the end of 2022 the company had a P/B ratio of 1.02.
P/B ratio history for Lemonade, Inc. from 2017 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.58 |
| 2022 | 1.02 |
| 2021 | 2.61 |
| 2020 | 7.62 |
| 2019 | -16.59 |
| 2018 | -38.27 |
| 2017 | 122.72 |