Palomar Holdings Inc PH8
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $79.50
- Day Range
- $78.00–78.00
- 52-Week Range
- $42.20–99.56
- Bid/Ask
- $0.00 / $0.00
- Market Cap
- $1.94 Bil
- Volume/Avg
- 0 / —
Key Statistics
- Price/Earnings (Normalized)
- 21.28
- Price/Sales
- 5.29
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.77%
Company Profile
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.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Stock Style Box
- Small Growth
- Total Number of Employees
- 213
- Website
- https://plmr.com
Comparables
Valuation
Metric
|
PH8
|
GBLI
|
SKWD
|
---|---|---|---|
Price/Earnings (Normalized) | 21.28 | 11.78 | 18.46 |
Price/Book Value | 4.18 | 0.64 | 1.93 |
Price/Sales | 5.29 | 0.86 | 1.38 |
Price/Cash Flow | 16.27 | 11.03 | 4.08 |
Price/Earnings
PH8
GBLI
SKWD
Financial Strength
Metric
|
PH8
|
GBLI
|
SKWD
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 34.02 | — | 13.96 |
Quick Ratio
No chart available
Profitability
Metric
|
PH8
|
GBLI
|
SKWD
|
---|---|---|---|
Return on Assets (Normalized) | 6.15% | 2.12% | 3.34% |
Return on Equity (Normalized) | 22.80% | 5.87% | 16.34% |
Return on Invested Capital (Normalized) | 20.17% | 5.71% | 13.62% |
Return on Assets
PH8
GBLI
SKWD
Insurance - Property & Casualty Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
Progressive Corp
PGR
| Hptckwhmcw | Wknss | $119.4 Bil | |||
Chubb Ltd
CB
| Pghwqhfh | Fdyhtgk | $105.4 Bil | |||
Tokio Marine Holdings Inc ADR
TKOMY
| Slfhvdmn | Fvjt | $68.0 Bil | |||
Tokio Marine Holdings Inc
TKOMF
| — | Zgk | $68.0 Bil | |||
The Travelers Companies Inc
TRV
| Fklymwjh | Txyng | $47.1 Bil | |||
Allstate Corp
ALL
| Vnyntts | Lsxhp | $41.5 Bil | |||
MS&AD Insurance Group Holdings Inc
MSADF
| — | Vbhl | $31.3 Bil | |||
MS&AD Insurance Group Holdings Inc ADR
MSADY
| — | Llkm | $31.3 Bil | |||
Markel Group Inc
MKL
| Pqbjsjy | Xlbz | $20.1 Bil | |||
WR Berkley Corp
WRB
| Whbvdtfl | Lfpjyh | $20.0 Bil |