Proassurance Stock Gross Profit
| PRA Stock | USD 13.83 0.09 0.65% |
ProAssurance fundamentals help investors to digest information that contributes to ProAssurance's financial success or failures. It also enables traders to predict the movement of ProAssurance Stock. The fundamental analysis module provides a way to measure ProAssurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProAssurance stock.
ProAssurance |
ProAssurance Company Gross Profit Analysis
ProAssurance's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current ProAssurance Gross Profit | 196.75 M |
Most of ProAssurance's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProAssurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, ProAssurance reported 196.75 M of gross profit. This is 99.93% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The gross profit for all United States stocks is 99.28% higher than that of the company.
ProAssurance Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProAssurance's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ProAssurance could also be used in its relative valuation, which is a method of valuing ProAssurance by comparing valuation metrics of similar companies.ProAssurance is currently under evaluation in gross profit category among related companies.
ProAssurance Fundamentals
| Return On Equity | -0.0348 | ||||
| Return On Asset | 0.0036 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 644.06 M | ||||
| Shares Outstanding | 54.07 M | ||||
| Shares Owned By Insiders | 1.11 % | ||||
| Shares Owned By Institutions | 82.11 % | ||||
| Number Of Shares Shorted | 619.07 K | ||||
| Price To Earning | 26.68 X | ||||
| Price To Book | 0.61 X | ||||
| Price To Sales | 0.59 X | ||||
| Revenue | 1.14 B | ||||
| Gross Profit | 196.75 M | ||||
| EBITDA | (36.98 M) | ||||
| Net Income | (38.6 M) | ||||
| Cash And Equivalents | 29.96 M | ||||
| Cash Per Share | 7.52 X | ||||
| Total Debt | 444.31 M | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 2.44 X | ||||
| Book Value Per Share | 21.82 X | ||||
| Cash Flow From Operations | (49.88 M) | ||||
| Short Ratio | 1.85 X | ||||
| Earnings Per Share | (0.73) X | ||||
| Price To Earnings To Growth | 1.02 X | ||||
| Target Price | 16.25 | ||||
| Number Of Employees | 1.09 K | ||||
| Beta | 0.24 | ||||
| Market Capitalization | 747.77 M | ||||
| Total Asset | 5.16 B | ||||
| Retained Earnings | 1.38 B | ||||
| Five Year Return | 2.74 % | ||||
| Net Asset | 5.16 B | ||||
| Last Dividend Paid | 0.05 |
About ProAssurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProAssurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProAssurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProAssurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProAssurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProAssurance's short interest history, or implied volatility extrapolated from ProAssurance options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as ProAssurance using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out ProAssurance Piotroski F Score and ProAssurance Altman Z Score analysis. For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for ProAssurance Stock analysis
When running ProAssurance's price analysis, check to measure ProAssurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProAssurance is operating at the current time. Most of ProAssurance's value examination focuses on studying past and present price action to predict the probability of ProAssurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAssurance's price. Additionally, you may evaluate how the addition of ProAssurance to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Stocks Directory Find actively traded stocks across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
Is ProAssurance's industry 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.
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.