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ProAssurance (ProAssurance) Enterprise Value : $1,134 Mil (As of Apr. 25, 2024)


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What is ProAssurance Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ProAssurance's Enterprise Value is $1,134 Mil. ProAssurance's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-16 Mil. Therefore, ProAssurance's EV-to-EBIT ratio for today is -70.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ProAssurance's Enterprise Value is $1,134 Mil. ProAssurance's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $10 Mil. Therefore, ProAssurance's EV-to-EBITDA ratio for today is 113.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ProAssurance's Enterprise Value is $1,134 Mil. ProAssurance's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,130 Mil. Therefore, ProAssurance's EV-to-Revenue ratio for today is 1.00.


ProAssurance Enterprise Value Historical Data

The historical data trend for ProAssurance's Enterprise Value 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.

* Premium members only.

ProAssurance Enterprise Value Chart

ProAssurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,076.55 1,047.79 1,668.01 1,359.78 1,081.29

ProAssurance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,359.78 1,388.48 1,193.42 1,344.21 1,081.29

Competitive Comparison of ProAssurance's Enterprise Value

For the Insurance - Property & Casualty subindustry, ProAssurance's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


ProAssurance's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ProAssurance's Enterprise Value distribution charts can be found below:

* The bar in red indicates where ProAssurance's Enterprise Value falls into.



ProAssurance Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

ProAssurance's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

ProAssurance's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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.


ProAssurance  (NYSE:PRA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

ProAssurance's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1133.751/-15.997
=-70.87

ProAssurance's current Enterprise Value is $1,134 Mil.
ProAssurance's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

ProAssurance's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1133.751/10.018
=113.17

ProAssurance's current Enterprise Value is $1,134 Mil.
ProAssurance's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $10 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

ProAssurance's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1133.751/1130.422
=1.00

ProAssurance's current Enterprise Value is $1,134 Mil.
ProAssurance's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,130 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.


ProAssurance Enterprise Value Related Terms

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ProAssurance (ProAssurance) Business Description

Traded in Other Exchanges
N/A
Address
100 Brookwood Place, Birmingham, AL, USA, 35209
ProAssurance Corp is a holding company for property and casualty insurance companies. The company's wholly owned insurance subsidiaries provide professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, and workers' compensation insurance. ProAssurance reports operating results in five segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, Lloyd's Syndicate, and Corporate. ProAssurance generates the vast majority of its revenue from its Specialty P&C activities, followed by Worker's Compensation.
Executives
Robert David Francis officer: Pres Healthcare Pro. Liability 4 PINE RIDGE LANE, MOUNTAIN BROOK AL 35213
Scott C Syphax director 100 BROOKWOOD PLACE, SUITE 300, BIRMINGHAM AL 35209
Fabiloa Cobarrubias director 100 BROOKWOOD PLACE, SUITE 300, BIRMINGHAM AL 35209
Noreen Dishart officer: Executive VP/Chief HR Officer 177 SALOLI WAY, LOUDON TN 37774
Frank Anthony Spinosa director PO BOX 72, SHELTER ISLAND NY 11964
Mcmahon John J Jr director 1927 1ST AVENUE NORTH, 5TH FLOOR, BIRMINGHAM AL 35203
Maye Head Frei director 2964 CHEROKEE ROAD, BIRMINGHAM AL 35223
Kevin Merrick Shook officer: President of a Subsidiary 25 RACE AVENUE, LANCASTER PA 17603
Dana S Hendricks officer: Chief Financial Officer 656 AYLESFORD LANE, FRANKLIN TN 37069
Magnus James Gorrie director PO BOX 10383, BIRMINGHAM AL 35202
Adkins Kedrick D Jr director 1173 COPPERWOOD DRIVE, BLOOMFIELD HILLS MI 48302
O Neil Frank B officer: Senior Vice-President, other: Assistant Secretary
Howard H Friedman officer: Chief Financial Officer, other: Secretary & Senior VP
William Stancil Starnes officer: Chief Executive Officer P O BOX 598512, BIRMINGHAM AL 35259-8512
Jeffrey Patton Lisenby officer: Vice-President, other: Corporate Secretary 100 BROOKWOOD PLACE, BIRMINGHAM AL 35209