HealthEquity (HQY)

P/B ratio as of December 2025 : 3.87

According to HealthEquity's latest financial reports the company has a price-to-book ratio of 6.43208.
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.

HealthEquity - P/B ratio (from 2014 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	3.90	-0.72%
2024-12-31	3.93	37.27%
2023-12-31	2.86	3.29%
2022-12-31	2.77	40.22%
2021-12-31	1.98	-50.11%
2020-12-31	3.96	-23.23%
2019-12-31	5.16	-36.68%
2018-12-31	8.15	-3.76%
2017-12-31	8.47	-11.11%
2016-12-31	9.52	30.74%
2015-12-31	7.28	-26.55%
2014-12-31	9.92

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
U-Haul UHAL	1.28	-66.88%	🇺🇸 USA
Green Dot GDOT	0.7797	-79.84%	🇺🇸 USA
FirstCash FCFS	3.28	-15.23%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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HealthEquity (HQY) - P/B ratio