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Palomar Holdings (Palomar Holdings) Price-to-Owner-Earnings : 27.44 (As of May. 01, 2024)


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What is Palomar Holdings Price-to-Owner-Earnings?

As of today (2024-05-01), Palomar Holdings's share price is $79.04. Palomar Holdings's Owner Earnings per Share (TTM) ended in Dec. 2023 was $2.88. It's Price-to-Owner-Earnings for today is 27.44.


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

PLMR' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 18.86   Med: 27.57   Max: 52.97
Current: 27.02

During the past 8 years, the highest Price-to-Owner-Earnings of Palomar Holdings was 52.97. The lowest was 18.86. And the median was 27.57.


PLMR's Price-to-Owner-Earnings is ranked worse than
84.97% of 326 companies
in the Insurance industry
Industry Median: 9.515 vs PLMR: 27.02

As of today (2024-05-01), Palomar Holdings's share price is $79.04. Palomar Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.12. Therefore, Palomar Holdings's PE Ratio for today is 25.33.

As of today (2024-05-01), Palomar Holdings's share price is $79.04. Palomar Holdings's EPS without NRI for the trailing twelve months (TTM) ended in was $3.69. Therefore, Palomar Holdings's PE Ratio without NRI for today is 21.42.

During the past 8 years, Palomar Holdings's highest PE Ratio without NRI was 302.35. The lowest was 14.51. And the median was 30.23.


Palomar Holdings Price-to-Owner-Earnings Historical Data

The historical data trend for Palomar Holdings's Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Chart

Palomar Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial - - - 24.66 19.24

Palomar Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings 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 24.66 28.28 28.13 19.39 19.24

Competitive Comparison of Palomar Holdings's Price-to-Owner-Earnings

For the Insurance - Property & Casualty subindustry, Palomar Holdings's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution in the Insurance Industry

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

* The bar in red indicates where Palomar Holdings's Price-to-Owner-Earnings falls into.



Palomar Holdings Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Palomar Holdings's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=79.04/2.88
=27.44

* 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) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Palomar Holdings Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Palomar Holdings's Price-to-Owner-Earnings 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