ProAssurance Price Fair Value from 2010 to 2024

PRA Stock  USD 16.72  0.01  0.06%   
ProAssurance's Price Fair Value is decreasing over the years with slightly volatile fluctuation. Price Fair Value is expected to dwindle to 0.62. From 2010 to 2024 ProAssurance Price Fair Value quarterly data regression line had arithmetic mean of  1.07 and r-squared of  0.61. View All Fundamentals
 
Price Fair Value  
First Reported
2010-12-31
Previous Quarter
0.65282935
Current Value
0.62
Quarterly Volatility
0.44667607
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 24.3 M or Total Revenue of 648.1 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.007 or PTB Ratio of 0.62. ProAssurance financial statements analysis is a perfect complement when working with ProAssurance Valuation or Volatility modules.
  
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.

Latest ProAssurance's Price Fair Value Growth Pattern

Below is the plot of the Price Fair Value of ProAssurance over the last few years. It is ProAssurance's Price Fair Value 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.
Price Fair Value10 Years Trend
Slightly volatile
   Price Fair Value   
       Timeline  

ProAssurance Price Fair Value Regression Statistics

Arithmetic Mean1.07
Geometric Mean0.99
Coefficient Of Variation41.61
Mean Deviation0.31
Median1.09
Standard Deviation0.45
Sample Variance0.20
Range1.742
R-Value(0.78)
Mean Square Error0.08
R-Squared0.61
Significance0.0006
Slope(0.08)
Total Sum of Squares2.79

ProAssurance Price Fair Value History

2024 0.62
2023 0.65
2022 0.51
2021 0.74
2020 0.56
2019 1.01
2018 1.09

About ProAssurance Financial Statements

ProAssurance stakeholders use historical fundamental indicators, such as ProAssurance's Price Fair Value, 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 ReportedProjected for Next Year
Price Fair Value 0.65  0.62 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ProAssurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProAssurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proassurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proassurance Stock:
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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
0.519
Earnings Share
0.83
Revenue Per Share
22.73
Quarterly Revenue Growth
0.034
Return On Assets
0.0095
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.