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PLMR Palomar Holdings PE ratio, current and historical analysis

As of Feb 24, 2024, the Palomar Holdings stock's PE ratio is 23.74. This results from the current EPS of $3.19 and stock price of $75.74. The P/E ratio has an increase of 12% from the past four quarters average of 21.3.

PLMR PE ratio history

How has PLMR's PE ratio performed in the past

The PE ratio of Palomar Holdings has averaged 292.66 over the last five years. The current PE ratio of 23.74 is 92% below the historical average. Over the past five 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.

Average
292.66
Median
39.96
Minimum
17.4
Maximum
3,942

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

What is the average PE ratio of PLMR for the past years

The current PE ratio of PLMR is below the 3-year average.

3-year avg
55.21
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

PLMR PE vs peers

What is PLMR's PE ratio compared to its peers

PLMR's PE ratio is lower than its peer stock PGR, but it is greater than ORI's.

Stock name PE ratio Market cap
ORI Old Republic International Corp 9.18 $8.06B
PLMR Palomar Holdings Inc 23.74 $1.88B
PGR Progressive Corp 41.41 $111.92B
NODK NI Holdings Inc N/A $277.77M

Frequently asked questions

What is Palomar Holdings's PE ratio?

The price to earnings ratio for PLMR stock is 23.74 as of Feb 24, 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 55.21.

What is the highest PE ratio for PLMR?

The highest quarterly PE ratio in the last five 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 92% below its 5-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 (Feb 24, 2024), Palomar Holdings's stock price is $75.74. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.19. Therefore, Palomar Holdings's P/E ratio for today is 23.74. PE RATIO(23.74) = STOCK PRICE($75.74) / TTM EPS($3.19)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.