Is Palomar Holdings (PLMR) overvalued or fairly valued?

MarketChacha shows Palomar Holdings's valuation in context — a trailing P/E of about 19.3, a forward P/E of about 11.6, a price-to-book of about 3.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Palomar Holdings's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.00×) from reported figures — education, not a rating.

What is Palomar Holdings's revenue?

Palomar Holdings reported revenue of $876.0M for FY2025, with net profit of $197.1M, per official filings.

What is the share price of Palomar Holdings (PLMR)?

Palomar Holdings last traded at $129.42 (-5.1% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Palomar Holdings

PLMR · NYSE · Financials · United States

$129.42-5.1%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:28 PM

Snapshot

TickerPLMR

ExchangeNYSE

SectorFinancials

IndustryInsurance - Property & Casualty

CountryUnited States

Employees439

HeadquartersLa Jolla, United States

Market cap$3.4B

P/E (TTM)19.3

P/B3.6

Volume130.07K

Websiteplmr.com

Filings tracked4

About Palomar Holdings

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.

Profile as reported by Yahoo Finance.

Who owns it

Insiders2.7%
Institutions97.3%
Public & other0.0%

474 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.16.55%
Vanguard Portfolio Management LLC4.60%
Vanguard Capital Management LLC4.52%
State Street Corporation4.01%
Janus Henderson Group PLC3.52%
Westfield Capital Management Co LP3.22%
Stephens Investment Management Group LLC2.70%
Sumitomo Mitsui Trust Group, Inc.2.70%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.00×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend21.1% → 22.5%

Margin has expanded by about 1.4 points — the business is getting more profitable.

Return on equity20.9%

Latest ROE of 20.9% — capital is generating a healthy return.

Growth qualityrev 53% · PAT 58%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $320.6M · EPS 2.58

Est. earnings growth +28.2%

Next fiscal year

Rev $1.5B · EPS 11.14

Est. earnings growth +12.7%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$100.8152-wk range$147.62

Delayed · as reported by Yahoo Finance

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$3.4B

Day change

-5.1%

P/E (TTM)

19.3

Fwd P/E

11.6

P/B

3.6

Beta

0.41

Revenue (FY2025)

$876.0M

Net margin

22.5%

ROE

20.9%

Revenue CAGR (2y)

+52.6%

Profit CAGR (2y)

+57.7%

EPS (FY2025)

7.17

Net profit (FY2025)

$197.1M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about PLMR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$876.0M	$197.1M	7.17	22.5%	20.9%
FY2024	$553.9M	$117.6M	4.48	21.2%	16.1%
FY2023	$375.9M	$79.2M	3.13	21.1%	16.8%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$278.9M	$42.9M	1.57	15.4%
2025Q3	$244.7M	$51.5M	1.87	21.0%
2025Q2	$203.3M	$46.5M	1.68	22.9%
2025Q1	$174.6M	$42.9M	1.57	24.6%
2024Q3	$148.5M	$30.5M	1.15	20.5%
2024Q2	$131.1M	$25.7M	1.00	19.6%
2024Q1	$118.5M	$26.4M	1.04	22.3%
2023Q3	$90.9M	$18.4M	0.73	20.3%
2023Q2	$90.4M	$17.6M	0.69	19.4%
2023Q1	$89.2M	$17.3M	0.68	19.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Other events, Exhibits
SEC5/29/2026material
8-K — Executive/director change, Shareholder vote results, Reg FD disclosure
SEC5/26/2026material
10-Q filing
SEC5/8/2026
8-K — Results of operations, Other events
SEC5/6/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.