Palomar HoldingsPLMR +2.43%81 PB Ratio is 3.29 as of Jun. 24, 2026, which is 22% below its 10-year median of 4.22. GuruFocus rates PLMR with a GF Score™ of 81/100 and a GF Value™ of $149.85 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 499 Insurance companies, Palomar Holdings ranks worse than 85.37% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-24), Palomar Holdings's share price is $118.91. Palomar Holdings's Book Value per Share for the quarter that ended in Mar. 2026 was $36.17. Hence, Palomar Holdings's PB Ratio of today is 3.29.
Good Sign:
Palomar Holdings Inc stock PB Ratio (=3.21) is close to 5-year low of 2.9.
The historical rank and industry rank for Palomar Holdings's PB Ratio or its related term are showing as below:
PLMR'
s PB Ratio Range Over the Past 10 Years
Min: 2.85 Med: 4.22 Max: 7.85
Current: 3.29
During the past 10 years, Palomar Holdings's highest PB Ratio was 7.85. The lowest was 2.85. And the median was 4.22.
PLMR's PB Ratio is ranked worse than 85.37% of 499
companies
in the Insurance industry
Industry Median: 1.39
vs PLMR: 3.29
During the past 12 months, Palomar Holdings's average Book Value Per Share Growth Rate was 22.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 32.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 20.40% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Palomar Holdings was 60.20% per year. The lowest was 10.10% per year. And the median was 26.60% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Palomar Holdings PB Ratio Related Terms
Palomar Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Palomar Holdings's PB Ratio 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.
For the Insurance - Property & Casualty subindustry, Palomar Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Palomar Holdings PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Palomar Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Palomar Holdings's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Palomar Holdings (PLMR) has a PB Ratio of 3.29 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Palomar Holdings and its competitors. This is 22% below median its historical median of 4.22. Over the past decade, Palomar Holdings' PB Ratio has ranged from 2.85 to 7.85. According to the industry distribution chart, Palomar Holdings ranks #426 out of 499 companies in the Insurance industry, placing it in the top 85.4%.
Is Palomar Holdings' PB Ratio too high?
Palomar Holdings' current PB Ratio of 3.29 is 22% below median its 10-year median of 4.22. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 7.85. The Insurance industry median PB Ratio is 1.39. Palomar Holdings' value of 3.29 is 136.7% above this industry median. Based on the distribution chart, Palomar Holdings ranks #426 out of 499 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Palomar Holdings has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palomar Holdings' PB Ratio compare to SLDE and STC?
According to the Insurance industry distribution chart, Palomar Holdings ranks #426 out of 499 companies for PB Ratio. This places Palomar Holdings in the lower half of its industry. The industry median PB Ratio is 1.39. Palomar Holdings' value of 3.29 is 136.7% above this benchmark. Historically, Palomar Holdings' own PB Ratio has ranged from 2.85 to 7.85 over the past decade. While the company's 10-year median is 4.22 vs. the industry median of 1.39, Palomar Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Insurance company?
The median PB Ratio among Insurance companies is 1.39, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Palomar Holdings's current PB Ratio of 3.29 is 136.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Palomar Holdings and its competitors. For the Insurance industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palomar Holdings's current PB Ratio is 3.29, which is 22% below median its own 10-year median of 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palomar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Palomar Holdings (PLMR) is currently considered Modestly Undervalued. The stock's GF Value™ is $149.85, compared to a current price of $118.91 — trading 20.6% below its estimated fair value. The current PB Ratio is 3.29, which is 22% below median its 10-year median of 4.22 and 136.7% above the Insurance industry median of 1.39. Palomar Holdings' overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Palomar Holdings (PLMR), the current PB Ratio is 3.29 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Palomar Holdings (PLMR) Overvalued in 2026?
Based on GuruFocus' analysis, Palomar Holdings stock appears to be undervalued.
The current stock price of $118.91 is trading 20.6% below its estimated GF Value™ of $149.85.
GuruFocus considers Palomar Holdings to be Modestly Undervalued.
Key valuation signals for PLMR:
PB Ratio: 3.29 (22% below median its 10-year median of 4.22)
GF Value™: $149.85 vs. price of $118.91 (20.6% below fair value)
Industry Position: 136.7% above the Insurance median (#426 of 499)
No single metric tells the full story. See the PLMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palomar Holdings Inc that provides property and casualty insurance products to individuals and businesses. It provides insurance products serving five categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Company distribute products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnerships with other insurance companies. The company's Earthquake product generate high premium.
81GF Score
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