Is Root Inc (ROOT) overvalued? · P/E 14, rev $1.18B
Root Inc (ROOT) is a insurance - property & casualty company listed on NASDAQ.
This page asks whether Root Inc (ROOT) looks expensive on cached numbers — not a short thesis.
Latest reported ROOT revenue for 2024-12-31 was $1.18B. Net income was $30.9M. Revenue was up 158.6% from 2023-12-31 to 2024-12-31. ROOT currently screens at market cap $767.6M and trailing P/E 14.3.
ROOT currently screens at market cap $767.6M and trailing P/E 14.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ROOT 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ROOT stock page for the full model, not this heading.
Not investment advice.