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Palomar Holdings, Inc. PLMR

Nasdaq · stock · Fire, Marine & Casualty Insurance · website · IPO 2019-04-17 · LEI

Palomar Holdings, Inc. statistics & valuation

P / E17.0×
P / S3.8×
P / B3.6×
P / FCF8.2×
Net margin22.5%
FCF margin46.7%
Net cash$106.9M
Enterprise value USD$3.2B
Graham number -41.7%$74.38

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($74.38); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
25.00% 9.40% 3.70% 18.50% 15.90% 21.10% 21.20% 22.50% 20182019202020212022202320242025
Gross margin (%)
20182019202020212022202320242025
Operating margin (%)
20182019202020212022202320242025
Return on equity (%)
18.90% 4.90% 1.70% 11.60% 13.60% 16.80% 16.10% 20.90% 20182019202020212022202320242025
Shares outstanding
17.0M 23.5M 25.6M 26.1M 25.8M 25.3M 26.5M 27.5M 20182019202020212022202320242025
Net debt ($)
-$106.9M 20182019202020212022202320242025
Share buybacks ($)
20182019202020212022202320242025
Return on assets (%)
7.90% 2.70% 0.90% 5.00% 4.00% 4.60% 5.20% 6.50% 20182019202020212022202320242025
Free cash flow margin (%)
30.80% 39.20% 34.00% 35.40% 51.80% 30.90% 47.10% 46.70% 20182019202020212022202320242025
Debt / equity (×)
0.00× 20182019202020212022202320242025
EPS ($)
$1.07 $0.49 $0.24 $1.76 $2.02 $3.13 $4.48 $7.17 20182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Palomar Holdings, Inc. trades at about 17.8× earnings — below its 10-year norm (10-year range 17.2×–415×, median 25.3×).

17.2× 415×

Shaded band = 10-year range (17.2×–415×); dot = today's 17.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Net margin22.5%21.2%21.1%15.9%18.5%3.7%9.4%25.0%
FCF margin46.7%47.1%30.9%51.8%35.4%34.0%39.2%30.8%
Return on assets6.5%5.2%4.6%4.0%5.0%0.9%2.7%7.9%
Return on equity20.9%16.1%16.8%13.6%11.6%1.7%4.9%18.9%
Debt / equity0.00×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.