RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

ProAssurance P/E 2024

ProAssurance P/E

36.76

ProAssurance Dividend yield

13.69 %

Ticker

PRA

ISIN

US74267C1062

WKN

676103

As of May 22, 2024, ProAssurance's P/E ratio was 36.76, a -319.73% change from the -16.73 P/E ratio recorded in the previous year.

The ProAssurance P/E history

ProAssurance Aktienanalyse

What does ProAssurance do?

ProAssurance Corporation is an American insurance company that specializes in providing liability insurance for doctors, hospitals, and other medical facilities. It was founded in 1976 and is headquartered in Birmingham, Alabama. ProAssurance was originally established as Mutual Assurance Society of Alabama and insured only doctors and other medical professionals in Alabama. In 2001, the company changed its name to ProAssurance Corporation and expanded nationwide through acquisitions of other medical liability insurers. Its business model focuses on providing liability insurance for medical facilities and professionals. The company also offers specialized products such as cyber liability insurance tailored to the needs of medical facilities. ProAssurance operates in three main segments: medical malpractice insurance, workers' compensation, and risk management and consulting. It offers various insurance products including medical malpractice insurance for doctors, dentists, hospitals, clinics, and other medical facilities, cyber liability insurance, workers' compensation insurance for employers, general liability insurance for businesses, and medical professional liability insurance for healthcare professionals like nurses and therapists. Overall, ProAssurance Corporation is a reputable company that protects medical facilities and professionals from liability risks and supports them in reducing their liability exposure. It provides tailored solutions to its clients through its different segments and specialized products. The answer is: ProAssurance Corporation is an American insurance company that specializes in providing liability insurance for doctors, hospitals, and other medical facilities. It was founded in 1976 and is headquartered in Birmingham, Alabama. ProAssurance ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering ProAssurance's P/E Ratio

The Price to Earnings (P/E) Ratio of ProAssurance is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing ProAssurance's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of ProAssurance is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in ProAssurance’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about ProAssurance Stock

What is the price-to-earnings ratio of ProAssurance?

The price-earnings ratio of ProAssurance is currently 36.76.

How has the price-earnings ratio of ProAssurance changed compared to last year?

The price-to-earnings ratio of ProAssurance has increased by -319.73% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of ProAssurance high compared to other companies?

Yes, the price-to-earnings ratio of ProAssurance is high compared to other companies.

How does an increase in the price-earnings ratio of ProAssurance affect the company?

An increase in the price-earnings ratio of ProAssurance would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of ProAssurance affect the company?

A decrease in the price-earnings ratio of ProAssurance would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of ProAssurance?

Some factors that influence the price-earnings ratio of ProAssurance are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does ProAssurance pay?

Over the past 12 months, ProAssurance paid a dividend of 1.97 USD . This corresponds to a dividend yield of about 13.69 %. For the coming 12 months, ProAssurance is expected to pay a dividend of 1.98 USD.

What is the dividend yield of ProAssurance?

The current dividend yield of ProAssurance is 13.69 %.

When does ProAssurance pay dividends?

ProAssurance pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of ProAssurance?

ProAssurance paid dividends every year for the past 16 years.

What is the dividend of ProAssurance?

For the upcoming 12 months, dividends amounting to 1.98 USD are expected. This corresponds to a dividend yield of 13.77 %.

In which sector is ProAssurance located?

ProAssurance is assigned to the 'Finance' sector.

Wann musste ich die Aktien von ProAssurance kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ProAssurance from 1/2/2024 amounting to 0.48 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2023.

When did ProAssurance pay the last dividend?

The last dividend was paid out on 1/2/2024.

What was the dividend of ProAssurance in the year 2023?

In the year 2023, ProAssurance distributed 0.2 USD as dividends.

In which currency does ProAssurance pay out the dividend?

The dividends of ProAssurance are distributed in USD.

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Andere Kennzahlen von ProAssurance

Our stock analysis for ProAssurance Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ProAssurance Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.