PL

Palomar Holdings IncNASDAQ PLMR Stock Report

Last reporting period 30 Jun, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

2.521

Small

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Palomar Fair Value

PL

The fair market value of PLMR stock is 142 USD. Relative to the market price of 100.69 USD Palomar is undervalued by 41%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 41%
142 USD
PLMR Fair Value
100.69 USD
Market price of PLMR

Palomar Valuation

Current PLMR share ticker price is 100.69 USD.

The fair value level of 142 USD can be considered as an effective entry point for long-term investors to start investing in PLMR stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 41% lower its fair value

Min value

Current price is 19% higher its minimum value

Max value

Current price is 496% lower its maximum value

13.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

PLMR stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Palomar Holdings Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

154.44

2

Median P/E over 5 years

36.55

3

Minimum P/E over 5 years

20.97

4

Earning per share (last 12 months)

3.89 USD

Maximum value

1

x

4

=

600.02 USD

Fair value

2

x

4

=

142 USD

Minimum value

3

x

4

=

81.48 USD

Palomar Holdings Inc price metrics

17.44

Annual return (geometric mean)

50.92

Risk (standard deviation) of returns

β

0.34

Beta (volatility compared to market)

It means that PLMR stock is less volatile than the broader market

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View Section: Profitability