Palomar Holdings (PLMR)

P/B ratio as of November 2024 : 4.96

According to Palomar Holdings's latest financial reports the company has a price-to-book ratio of 5.92991.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Palomar Holdings - P/B ratio (from 2019 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.91	-1.66%
2022-12-31	2.96	-29.08%
2021-12-31	4.18	-33%
2020-12-31	6.23	14.97%
2019-12-31	5.42
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
ProAssurance PRA	0.7720	-84.45%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Palomar Holdings (PLMR) - P/B ratio