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Palomar Holdings Inc
NASDAQ:PLMR

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Palomar Holdings Inc
NASDAQ:PLMR
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Price: 105.01 USD 2.38%
Market Cap: 2.8B USD
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Palomar Holdings Inc
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Palomar Holdings Inc
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
P
Palomar Holdings Inc
NASDAQ:PLMR
Pre-Tax Income
$139.7m
CAGR 3-Years
61%
CAGR 5-Years
78%
CAGR 10-Years
N/A
Travelers Companies Inc
NYSE:TRV
Pre-Tax Income
$5.6B
CAGR 3-Years
8%
CAGR 5-Years
15%
CAGR 10-Years
1%
Allstate Corp
NYSE:ALL
Pre-Tax Income
$5.1B
CAGR 3-Years
-13%
CAGR 5-Years
10%
CAGR 10-Years
2%
Progressive Corp
NYSE:PGR
Pre-Tax Income
$10.2B
CAGR 3-Years
26%
CAGR 5-Years
20%
CAGR 10-Years
19%
Markel Corp
NYSE:MKL
Pre-Tax Income
$3.9B
CAGR 3-Years
9%
CAGR 5-Years
41%
CAGR 10-Years
26%
Cincinnati Financial Corp
NASDAQ:CINF
Pre-Tax Income
$3.9B
CAGR 3-Years
7%
CAGR 5-Years
28%
CAGR 10-Years
19%
No Stocks Found

Palomar Holdings Inc
Glance View

Market Cap
2.8B USD
Industry
Insurance

Amid the bustling world of specialty insurance, Palomar Holdings Inc. stands as a nimble and adept provider, focusing on markets often overlooked by larger players. Founded to address the underserved niche in the insurance landscape, Palomar has carved out a distinct segment for itself by offering specialty insurance products such as earthquake, wind, and flood coverage primarily for residential and small to medium-sized commercial properties. Their mission is clear: to provide innovative solutions where the risks are unique and require a tailored approach, allowing them a competitive advantage in balancing risk and profitability. Through sophisticated underwriting practices and the strategic use of technology, Palomar effectively assesses and prices these specialized risks, which, in turn, maximizes their risk-adjusted returns. Palomar’s business model revolves around leveraging their reinsurance partnerships and risk transfer arrangements to stabilize earnings and mitigate potential losses, given the high-risk nature of their insurance offerings. By doing so, the company ensures not only the sustainability of their products but also the ability to navigate the volatile insurance cycles with resilience. Additionally, Palomar's financial success is driven by their keen capacity to adapt to the evolving regulatory and environmental conditions, ensuring regulatory compliance and aligning their strategic goals with the shifting dynamics of the market. This adaptability and their focused dedication to niche insurance sectors propel Palomar’s growth, allowing them to stand out as a pivotal player in the specialty insurance arena.

PLMR Intrinsic Value
168.56 USD
Undervaluation 38%
Intrinsic Value
Price
P

See Also

What is Palomar Holdings Inc's Pre-Tax Income?
Pre-Tax Income
139.7m USD

Based on the financial report for Sep 30, 2024, Palomar Holdings Inc's Pre-Tax Income amounts to 139.7m USD.

What is Palomar Holdings Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 5Y
78%

Over the last year, the Pre-Tax Income growth was 47%. The average annual Pre-Tax Income growth rates for Palomar Holdings Inc have been 61% over the past three years , 78% over the past five years .

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