As of May 3, 2024, the Palomar Holdings stock's PE ratio is 25.34. This results from the current EPS of $3.19 and stock price of $80.82. The P/E ratio has an increase of 19% from the past four quarters average of 21.3.
The PE ratio of Palomar Holdings has averaged 292.66 over the last five years. The current PE ratio of 25.34 is 91% 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.
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 |
The current PE ratio of PLMR is below the 3 and 5-year averages.
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 | 14.44 | $8.52B |
| PLMR Palomar Holdings Inc | 25.34 | $2.01B |
| PGR Progressive Corp | 31.58 | $122.24B |
| NODK NI Holdings Inc | N/A | $307.79M |
The price to earnings ratio for PLMR stock is 25.34 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for PLMR stock is 46.38.
Over the last 5 years, the average price to earnings ratio for PLMR stock is 292.66.
The highest quarterly PE ratio in the last five years has been 3,942 and it was in the Sep 2019 quarter.
PLMR's price to earnings ratio is currently 91% below its 5-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Palomar Holdings's stock price is $80.82. 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 25.34. PE RATIO(25.34) = STOCK PRICE($80.82) / TTM EPS($3.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.