My go-to is the naval assessment tool found all over the web because it factors those elements in. Hip width comes into play for ladies as well.
BMI is getting less emphasis in medicine these days based on new papers. Attention is moving toward other ways to judge if someone is overweight or obese. I suggest waist to height ratio since it is one of the body measurement options highlighted in the work. An article makes the case that this ratio is the simplest and best sign of health risk. A site explains the right way to measure your waist and then plug in the numbers with your height to check your result, and visiting it showed me my own measurement technique was off.