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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Palomar Holdings's enterprise value is $2,146.5 Mil. Palomar Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $118.9 Mil. Therefore, Palomar Holdings's EV-to-EBITDA for today is 18.06.
The historical rank and industry rank for Palomar Holdings's EV-to-EBITDA or its related term are showing as below:
During the past 8 years, the highest EV-to-EBITDA of Palomar Holdings was 823.58. The lowest was 12.64. And the median was 36.70.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-06-10), Palomar Holdings's stock price is $86.86. Palomar Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $3.480. Therefore, Palomar Holdings's PE Ratio for today is 24.96.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
The historical data trend for Palomar Holdings's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Palomar Holdings Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
EV-to-EBITDA | Get a 7-Day Free Trial | 59.49 | 295.56 | 26.30 | 15.14 | 12.29 |
Palomar Holdings Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EV-to-EBITDA | Get a 7-Day Free Trial | 18.77 | 18.48 | 12.74 | 12.29 | 17.42 |
For the Insurance - Property & Casualty subindustry, Palomar Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Insurance industry and Financial Services sector, Palomar Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Palomar Holdings's EV-to-EBITDA falls into.
Palomar Holdings's EV-to-EBITDA for today is calculated as:
EV-to-EBITDA | = | Enterprise Value (Today) | / | EBITDA (TTM) |
= | 2146.450 | / | 118.865 | |
= | 18.06 |
Palomar Holdings's current Enterprise Value is $2,146.5 Mil.
Palomar Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $118.9 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Palomar Holdings (NAS:PLMR) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Palomar Holdings's PE Ratio for today is calculated as:
PE Ratio | = | Share Price (Today) | / | Earnings per Share (Diluted) (TTM) |
= | 86.86 | / | 3.480 | |
= | 24.96 |
Palomar Holdings's share price for today is $86.86.
Palomar Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.480.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Please read Which price ratio outperforms the enterprise multiple?
Thank you for viewing the detailed overview of Palomar Holdings's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
T Christopher Uchida | officer: Chief Financial Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Jon Christianson | officer: Chief Operating Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Angela L. Grant | officer: Chief Legal Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Michelle Antoinette Johnson | officer: Senior VP, People & Talent | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Jonathan Knutzen | officer: Chief Risk Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92121 |
Mac Armstrong | director, officer: Chief Executive Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
William Bold | officer: Chief Strategy Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Heath A Fisher | officer: President | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Martha Notaras | director | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Robert E Dowdell | director | |
Daina Middleton | director | C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105 |
Richard H Taketa | director | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Britt Morries | officer: Chief Operating Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Andrew T Robinson | officer: Chief Underwriting Officer | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
Daryl Bradley | director | 7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037 |
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