Where we measure has a lot to do with the numbers. I measure at the smallest part of my waist and biggest part of my butt because it's easiest, but I'm not sure if that's the correct way. I also was wondering where you're measuring?
At my heaviest, my waist was 39 inches and my hips were 57 inches, giving me a very healthy waist to hip ratio of .68. But seriously, it wasn't healthy at all! All it meant was that I had a very unhealthy amount of fat stored in my belly, but an even more enormous amount of fat on my hips. I don't think having a lot of hip/butt fat cancels out the dangers of belly fat.
It's probably more useful to look at overall waist measurement and I think it's supposed to be under 32 inches for a woman (and 35 for a man) but I've seen a lot of different numbers.
For what it's worth, my waist to hip measurement is now .75, so it looks like I've become more unhealthy as I've lost weight, if we go by ratios.