If you are wondering whether Kinsale Capital Group’s current share price reflects its true worth, you are not alone in asking that question.
The stock recently closed at US$386.67, with returns of a 4.6% decline over 7 days, a 1.7% decline over 30 days, a 1.5% decline year to date, gains of 39.5% over 3 years and 108.3% over 5 years, while the last 12 months show a 12.4% decline.
Recent attention around Kinsale Capital Group has focused on its share price performance and how investors are reassessing the business relative to the wider insurance sector. This mix of shorter term weakness and longer term gains has raised fresh questions about what a fair value for the company might look like now.
