Palomar Holdings, Inc.PLMR

$111.70-2.72 (-2.38%)
NASDAQFinancial Services24:00 UTC

Company snapshot

Market Cap
$3B
Mid-cap
+582%
2019 — today
10-Year Price
+465%
2019 — today
52-Week Range
$101.42$160.06
Current $111.70· 18%

Palomar Holdings, Inc. functions as an insurance holding company dedicated to providing specialized property coverage for both private homeowners and businesses. Its comprehensive product range encompasses essential offerings such as residential and commercial earthquake policies, commercial all-risk protection, tailored homeowners' insurance, inland marine coverage, and Hawaii hurricane policies. Furthermore, the company extends its services to include residential and commercial flood insurance, along with other specialized financial products like assumed reinsurance, real estate error and omission (E&O) coverage, and specific solutions for real estate investors. Palomar distributes its policies through a varied network, including independent retail agents, wholesale brokers, program administrators, and collaborative agreements with other insurance carriers. The company, which was previously named GC Palomar Holdings, was founded in 2013 and maintains its corporate headquarters in La Jolla, California.

Valuation in context

P/E ratio
15.6
Near historic low
Near historic low — last 10 years
P/B ratio
3.2
Near historic low
Near historic low — last 10 years
EV / EBITDA
12.3
Near historic low
Near historic low — last 10 years
PEG ratio
0.2
Historically cheap
Historically cheap relative to the last 10 years
FCF Yield
11.9%
Near historic high
Near historic highs — last 10 years
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