PB Ratio: 21.95

Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 21.95 is 22% below its estimated 1-year average of 28.12, near the low end of its estimated 1-year range (11.82–66.40).

As of 2026-10-05T10:50:31.056Z.

HNGE PB Ratio Metrics

P/B vs. estimated history

At 21.95, P/B is near its estimated 1-year median — higher than 62% of readings in its estimated 1-year history.

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)

The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for Hinge Health, Inc. (HNGE)?

The P/B ratio for HNGE stock is 21.95.

Is Hinge Health, Inc.'s P/B ratio high or low?

The P/B ratio of 21.95 is 22% below its estimated 1-year average of 28.12, near the low end of its estimated 1-year range (11.82–66.40).

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