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Palomar Holdings (Palomar Holdings) EV-to-EBITDA : 18.28 (As of May. 02, 2024)


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What is Palomar Holdings EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Palomar Holdings's enterprise value is $1,963.3 Mil. Palomar Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $107.4 Mil. Therefore, Palomar Holdings's EV-to-EBITDA for today is 18.28.

The historical rank and industry rank for Palomar Holdings's EV-to-EBITDA or its related term are showing as below:

PLMR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.64   Med: 41.55   Max: 823.58
Current: 18.28

During the past 8 years, the highest EV-to-EBITDA of Palomar Holdings was 823.58. The lowest was 12.64. And the median was 41.55.

PLMR's EV-to-EBITDA is ranked worse than
82.67% of 329 companies
in the Insurance industry
Industry Median: 7.29 vs PLMR: 18.28

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-02), Palomar Holdings's stock price is $79.04. Palomar Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.120. Therefore, Palomar Holdings's PE Ratio for today is 25.33.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Palomar Holdings EV-to-EBITDA Historical Data

The historical data trend for Palomar Holdings's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palomar Holdings EV-to-EBITDA Chart

Palomar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial 59.49 295.56 26.30 15.14 12.29

Palomar Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.14 18.77 18.48 12.74 12.29

Competitive Comparison of Palomar Holdings's EV-to-EBITDA

For the Insurance - Property & Casualty subindustry, Palomar Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Palomar Holdings's EV-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Palomar Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Palomar Holdings's EV-to-EBITDA falls into.



Palomar Holdings EV-to-EBITDA Calculation

Palomar Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1963.338/107.418
=18.28

Palomar Holdings's current Enterprise Value is $1,963.3 Mil.
Palomar Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $107.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Palomar Holdings  (NAS:PLMR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Palomar Holdings's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=79.04/3.120
=25.33

Palomar Holdings's share price for today is $79.04.
Palomar Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.120.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Palomar Holdings EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Palomar Holdings's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Palomar Holdings (Palomar Holdings) Business Description

Traded in Other Exchanges
Address
7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037
Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.
Executives
T Christopher Uchida officer: Chief Financial Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jon Christianson officer: Chief Operating Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Angela L. Grant officer: Chief Legal Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Michelle Antoinette Johnson officer: Senior VP, People & Talent 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jonathan Knutzen officer: Chief Risk Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92121
Mac Armstrong director, officer: Chief Executive Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
William Bold officer: Chief Strategy Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Heath A Fisher officer: President 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Martha Notaras director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Robert E Dowdell director
Daina Middleton director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Richard H Taketa director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Britt Morries officer: Chief Operating Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Andrew T Robinson officer: Chief Underwriting Officer 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Daryl Bradley director 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037