PLMR Palomar Holdings PE ratio, current and historical analysis
As of Nov 21, 2024, the Palomar Holdings stock's PE ratio is 25.21. This results from the current EPS of $4.31 and stock price of $108.67. The P/E ratio has an increase of 20% from the past four quarters average of 21.0.
PLMR PE ratio history
The PE ratio of Palomar Holdings has averaged 254.02 over the last six years. The current PE ratio of 25.21 is 90% below the historical average. Over the past six years, PLMR's PE ratio was at its highest in the Sep 2019 quarter at 3,942, when the stock price was $39.42 and the EPS was $0.01. The lowest value was in the Dec 2023 quarter, when it reached 17.4 with a price of $55.5 and an EPS of $3.19.
Palomar Holdings PE ratio by year
Maximum annual increase: 244.88% in 2020
Maximum annual decrease: -89.88% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.4 | -20.26% |
| 2022 | 21.82 | -39.36% |
| 2021 | 35.98 | -89.88% |
| 2020 | 355.36 | 244.88% |
| 2019 | 103.04 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
PLMR average PE ratio chart
The current PE ratio of PLMR is below the 3 and 5-year averages.
PLMR PE vs peers
PLMR's PE ratio is higher than its peer stocks PGR and ORI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NMIH NMI Holdings Inc | 8.6 | $3.03B |
| ORI Old Republic International Corp | 10.74 | $9.69B |
| PGR Progressive Corp | 19.09 | $154.33B |
| PLMR Palomar Holdings Inc | 25.21 | $2.88B |
| NODK NI Holdings Inc | N/A | $340.5M |
Frequently asked questions
What is Palomar Holdings's PE ratio?
The price to earnings ratio for PLMR stock is 25.21 as of Nov 21, 2024.
What is the 3-year average PE ratio for Palomar Holdings (PLMR)?
Over the last 3 years, the average price to earnings ratio for PLMR stock is 27.07.
What is the 5-year average PE ratio for Palomar Holdings (PLMR)?
Over the last 5 years, the average price to earnings ratio for PLMR stock is 69.62.
What is the highest PE ratio for PLMR?
The highest quarterly PE ratio in the last six years has been 3,942 and it was in the Sep 2019 quarter.
How does the current PE ratio for PLMR compare to its historical average?
PLMR's price to earnings ratio is currently 90% below its 6-year historical average.
How is PLMR's PE ratio calculated (Palomar Holdings PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Palomar Holdings's stock price is $108.67. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.31. Therefore, Palomar Holdings's P/E ratio for today is 25.21. PE RATIO(25.21) = STOCK PRICE($108.67) / TTM EPS($4.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.