Porch Group, Inc. operates a software platform in the United States and Canada. The company operates through two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to home services companies and gives early access to homebuyers and homeowners. It offers services to home services companies, such as home inspectors, consumers, such as homebuyers and homeowners, service providers, such as moving, insurance, warranty, and security companies, and TV/Internet providers. This segment operates through Floify, HireAHelper, ISN, iRoofing, Palm-Tech, Porch.com, Rynoh, and V12 brands. The Insurance segment offers property related insurance policies through our own risk-bearing carrier and independent agency as well as risk-bearing home warranty company. This segment operates though American Home Protect, Elite Insurance Group, and Homeowners of America brands. In addition, the company provides property and casualty, home, auto, flood, and umbrella insurance products; and contractor services. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
P/B ratio for Porch Group, Inc. (PRCH)
P/B ratio as of 2023: -8.29
According to Porch Group, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -8.29. At the end of 2022 the company had a P/B ratio of 2.31.
P/B ratio history for Porch Group, Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -8.29 |
| 2022 | 2.31 |
| 2021 | 6.82 |
| 2020 | 3.72 |
| 2019 | -3.56 |
| 2018 | -6.19 |