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Financial Resilience | ProAssurance outperforms expectations with Q2 2024 EPS of $0.23, showcasing strong financial health and market positioning despite industry challenges |
Strategic Discipline | Delve into ProAssurance's commitment to underwriting discipline and pricing strategy, balancing profitability with market competitiveness in key segments |
Market Headwinds | Explore how ProAssurance navigates industry-wide challenges, including large jury verdicts and severity inflation, while maintaining a cautious growth approach |
Future Prospects | Analysts project a $20 price target, with potential for accelerated book value growth through share repurchases and improved profitability as pricing actions take effect |
Metrics to compare | PRA | Sector Sector - Average of metrics from a broad group of related sector companies | Relationship RelationshipPRAPeersSector | |
|---|---|---|---|---|
P/E Ratio | 19.8x | 10.7x | 10.1x | |
PEG Ratio | 0.38 | 0.22 | 0.03 | |
Price/Book | 1.0x | 1.8x | 1.0x | |
Price / LTM Sales | 1.2x | 1.3x | 2.9x | |
Upside (Analyst Target) | 0.0% | 0.1% | 12.6% | |
Fair Value Upside | Unlock | 3.1% | 1.7% | Unlock |