HubSpot, Inc.

HUBS Technology Software Application

HubSpot, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 19.2% from fiscal 2024.

Revenue
+17.1%
EPS
+441.9%
Free cash flow
+13.7%

Quarter to September 2026, against a year earlier

205.64 11.00 −5.08%
Market cap
$10.2B
P/E
49.0×
Fwd P/E
63.1×
Dividend yield
—
F-score
6/9
Altman Z
7.91
Beneish M
−3.04
Dividend safety
n/a

HubSpot, Inc. (HUBS) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, HubSpot, Inc. (HUBS) trades at a P/B ratio of 6.3×. Over the past ten years it has ranged from 3.4× (January 2015) to 48.2× (November 2021); the current reading is higher than 5% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 10.2× (45.48%)
FY2024 18.7× (8.75%)
FY2023 20.5× 45.83%
FY2022 14.0× (60.30%)
FY2021 35.4× 52.04%
FY2020 23.3× 127.02%
FY2019 10.2× (48.24%)
FY2018 19.8× 26.45%
FY2017 15.7× 10.37%
FY2016 14.2× (7.69%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 6.2× 11.84%
Jun 2026 5.6× (13.18%)
Mar 2026 6.4× (37.01%)
Dec 2025 10.2× (23.03%)
43 more quarters

Against its own ten years

Low 3.4× High 48.2×
Ten-year median 16.0×
Current reading's percentile 3

P/B ratio against peers

Company P/B ratio
HUBS HubSpot, Inc. 6.3×
FIG Figma, Inc. compare 6.8×
ESTC Elastic N.V. compare 6.8×
CHYM Chime Financial, Inc. compare 7.4×
PCTY Paylocity Holding Corporation compare 7.5×
FROG JFrog Ltd. compare 9.5×
PCOR Procore Technologies, Inc. compare 10.6×
BSY Bentley Systems, Incorporated compare 10.9×
PAYC Paycom Software, Inc. compare 16.1×
Software Application industry median 2.6×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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