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Palomar Holdings Inc

$108.51
Market Cap 2.90B
ROE 21.7%
Gross Margin 68.8%
Debt/Equity 0.3
Current Ratio 0.0
Revenue QoQ 59.7%
EPS QoQ 0.0%
F-Score 3

About

Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (“PSIC”), Palomar Specialty Reinsurance Company Bermuda Ltd., Palomar Insurance Agency, Inc., Palomar Excess and Surplus Insurance Company (“PESIC”), and Palomar Underwriters Exchange Organization, Inc. Palomar's consolidated results also include Laulima Exchange, a variable interest entity for which the Company is the primary beneficiary. Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Palomar’s insurance subsidiaries, Palomar Specialty Insurance Company, Palomar Specialty Reinsurance Company Bermuda Ltd., and Palomar Excess and Surplus Insurance Company, have a financial strength rating of “A” (Excellent) from A.M. Best.

Exchange
NASDAQ
Sector
Financial Services
Industry
Insurance - Property & Casualty

Sector context

Financial Services

Overvalued

Trading at a discount to sector peers

P/E
13.98
vs median 5.68
P/B
2.87
vs median 1.01
ROE
0.22
vs median 0.17

Lower quality - review fundamentals carefully

Mid-cap company with growth potential

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