Proassurance Stock Z Score
| PRA Stock | USD 13.83 0.09 0.65% |
ProAssurance |
ProAssurance Company Z Score Analysis
ProAssurance's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
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Based on the company's disclosures, ProAssurance has a Z Score of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
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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.
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Check out ProAssurance Piotroski F Score and ProAssurance Valuation analysis. For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.
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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.