1. To be considered equal or comparable to someone or something else in value, ability, significance, importance, etc. Even after so many years, the company still rates with the most profitable businesses in the world. I really think she rates with the likes of Tina Turner and Aretha Franklin—her voice is just that good.

2. To consider someone or something to be equal or comparable to someone or something else in value, ability, significance, importance, etc. In this usage, a noun or pronoun is used between "rate" and "with." Many people rate the exquisite building with the greatest pieces of architecture in the world. I still rate Tom with the best writers out there today, even if his last book was a little underwhelming.