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Protective Insurance Corp (PTVCB) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Protective Insurance Corp (PTVCB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Baldwin & Lyons Inc is a US company which is engaged in marketing and underwriting property and casualty insurance and also acts as a reinsurer for limited risk. It also provides private passenger automobile products and workers' compensation. Protective Insurance Corp has a market cap of $293.190 million; its shares were traded at around $19.60 with and P/S ratio of 0.69. The dividend yield of Protective Insurance Corp stocks is 5.71%.


For the last quarter Protective Insurance Corp reported a revenue of $107.1 million, compared with the revenue of $108.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $439.2 million, an increase of 18.3% from last year. For the last five years Protective Insurance Corp had an average revenue growth rate of 8.7% a year.

The reported loss per diluted share was $2.28 for the year, compared with the earnings per share of $1.92 in the previous year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Protective Insurance Corp has the cash and cash equivalents of $164.0 million, compared with $64.7 million in the previous year. The company had no long term debt. Protective Insurance Corp has a financial strength rank of 7 (out of 10).

At the current stock price of $19.60, Protective Insurance Corp is traded at 46.2% discount to its historical median P/S valuation band of $36.46. The P/S ratio of the stock is 0.69, while the historical median P/S ratio is 1.27. The stock lost 11.68% during the past 12 months.

For the complete 20-year historical financial data of PTVCB, click here.

This article first appeared on GuruFocus.