ProAssurance Price To Sales Ratio from 2010 to 2025
| PRA Stock | USD 23.16 0.14 0.61% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.70666763 | Current Value 0.67 | Quarterly Volatility 1.25513678 |
Check ProAssurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProAssurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.2 M, Interest Expense of 23.5 M or Total Revenue of 666.2 M, as well as many indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0318 or PTB Ratio of 0.64. ProAssurance financial statements analysis is a perfect complement when working with ProAssurance Valuation or Volatility modules.
ProAssurance | Price To Sales Ratio |
Latest ProAssurance's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of ProAssurance over the last few years. Price to Sales Ratio is figured by comparing ProAssurance stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ProAssurance sales, a figure that is much harder to manipulate than other ProAssurance multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. ProAssurance's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ProAssurance's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.03 X | 10 Years Trend |
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Price To Sales Ratio |
| Timeline |
ProAssurance Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 2.30 | |
| Geometric Mean | 1.90 | |
| Coefficient Of Variation | 54.46 | |
| Mean Deviation | 1.12 | |
| Median | 2.71 | |
| Standard Deviation | 1.26 | |
| Sample Variance | 1.58 | |
| Range | 3.4485 | |
| R-Value | (0.88) | |
| Mean Square Error | 0.39 | |
| R-Squared | 0.77 | |
| Slope | (0.23) | |
| Total Sum of Squares | 23.63 |
ProAssurance Price To Sales Ratio History
About ProAssurance Financial Statements
ProAssurance stakeholders use historical fundamental indicators, such as ProAssurance's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although ProAssurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in ProAssurance's assets and liabilities are reflected in the revenues and expenses on ProAssurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ProAssurance. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.71 | 0.67 |
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Check out the analysis of ProAssurance Correlation against competitors. For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProAssurance. If investors know ProAssurance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProAssurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.526 | Earnings Share 1.03 | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets |
The market value of ProAssurance is measured differently than its book value, which is the value of ProAssurance that is recorded on the company's balance sheet. Investors also form their own opinion of ProAssurance's value that differs from its market value or its book value, called intrinsic value, which is ProAssurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProAssurance's market value can be influenced by many factors that don't directly affect ProAssurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProAssurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProAssurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProAssurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.