Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
P/B ratio for Palomar Holdings, Inc. (PLMR)
P/B ratio as of 2023: 2.92
According to Palomar Holdings, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.92. At the end of 2022 the company had a P/B ratio of 2.96.
P/B ratio history for Palomar Holdings, Inc. from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.92 |
| 2022 | 2.96 |
| 2021 | 4.18 |
| 2020 | 6.08 |
| 2019 | 4.97 |
| 2018 | 4.71 |
| 2017 | 4.16 |
| 2016 | 4.42 |