James River Group Holdings Ltd (JRVR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of James River Group Holdings Ltd stock $8.00, price $3.89, upside +105.7%, quality 42 out of 100. Rating: strongly undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $3.41 – $36.46 · fair‑value band $7.28 – $8.46 · the $3.89 price screens below the $8.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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James River Group Holdings, Inc. provides specialty insurance services. It operates in Excess and Surplus Lines, and Specialty Admitted Insurance segments.
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The Excess and Surplus Lines segment offers commercial excess and surplus lines liability and excess property insurance products in the United States, Puerto Rico, and the United States Virgin Islands. This segment distributes its insurance policies primarily through wholesale insurance brokers.
The Specialty Admitted Insurance segment provides insurance for fronting, program administrators, and managing general agents. The company was founded in 2002 and is based in Chapel Hill, North Carolina.
Stock analysis
James River Group Holdings Ltd (JRVR) currently trades at $3.89, while our model-based Fair Value estimate is $8.00, implying the stock looks roughly 51% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $13.12 per share, and 4 of the 6 models we run sit above the $3.89 price.
Bear case: the Dividend Discount group reads lowest at $2.06, and 2 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $7.28 (bear) to $8.46 (bull), the price of $3.89 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 42/100 (below-average quality), in the Financial Services sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
James River Group Holdings Ltd reported revenue of $688M in FY2025 versus $609M in FY2021, a compound +3.1%/yr. Reported net income was $47.4M in FY2025.
Key figures
Market cap $183M Micro · P/E ratio 10.0 · P/S ratio 0.28 · EPS (TTM) $0.3900 · Dividend yield 1.0% · Net margin 4.7% · Return on equity 4.9% · Return on assets (EBIT) 0.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (medium confidence).
What moves the price
The share trades about 45% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at 106%, JRVR screens cheaper than that median.
Fair Value models
Bear$7.28Fair Value $8.00Bull$8.46
Price $3.89 · Upside +105.7%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.3001 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, no officer or director bought or sold shares on the open market.
Plus 2 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.12/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
−2.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.6%
Start year 2020 (pandemic). Over 10 years: +3.1% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
≈ +5.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +4.0%
Dividend (yield on the price)1.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 2.4% / −8.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.2% → 7%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.70 per share, median 1.97 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
Compare James River Group Holdings Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Specialty · 23 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside+105.7% · Top 25%
Profitability
Return on equity (12 months)4.9% · Bottom 25%
Return on assets1.0% · Bottom 25%
Net margin (12 months)4.7% · Bottom 25%
Operating margin (12 months)8.7% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−7.7% · Bottom 25%
Dividend yield (12 months)1.0% · Bottom 25%
Balance sheet
Debt / equity0.49× · Highest 25%
Valuation Multiplesvs Insurance - Specialty median · lower = cheaper
P/E (12 months)10.0× · Pricier than median
P/B0.27× · Cheapest 25%
P/S (12 months)0.28× · Cheapest 25%
EV/EBITDA5.2× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)100· sector 40
FUTURE (revenue growth)0· sector 23
PAST (return on equity)20· sector 60
HEALTH (low debt)–
DIVIDEND (yield)21· sector 66
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "James River Group Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/JRVR
Frequently asked questions
Is James River Group Holdings Ltd (JRVR) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $8.00 versus a price of $3.89, about +106% upside (undervalued).
What is the fair value of JRVR?
Our model-based fair value for James River Group Holdings Ltd is $8.00 (as of Nov 6, 2026), built from audited fundamentals. The current price: $3.89.
What is the quality score of JRVR?
James River Group Holdings Ltd has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for James River Group Holdings Ltd (JRVR)?
Our model-based price target is the fair value of $8.00 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario $7.28, optimistic scenario $8.46. It is a calculation from audited fundamentals, not an analyst target.
What is the James River Group Holdings Ltd stock forecast for 2026?
Our models put fair value at $8.00, about +106% upside versus a price of $3.89 (undervalued). Cautious scenario $7.28, optimistic scenario $8.46. The calculation is refreshed regularly with new filings.
What is the revenue of James River Group Holdings Ltd (JRVR)?
James River Group Holdings Ltd reported trailing-twelve-month revenue of about $653M (latest available figure, as of Nov 6, 2026).
Does James River Group Holdings Ltd pay a dividend?
James River Group Holdings Ltd currently shows a dividend yield of 1.03% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of James River Group Holdings Ltd (JRVR) and when is the ex-dividend date?
James River Group Holdings Ltd pays a dividend of $0.04 per share a year, a dividend yield of 1.0%. The last ex-dividend date was Sep 15, 2026. A dividend has been paid every year since at least 2015. The payout ratio is 9.4% of earnings (on adjusted earnings, reported 10.3%). Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of James River Group Holdings Ltd (JRVR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For James River Group Holdings Ltd it is $8.00 per share (as of Nov 6, 2026), against a price of $3.89. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is James River Group Holdings Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, JRVR trades below its calculated fair value: price $3.89, fair value $8.00, a gap of about +106% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of JRVR?
No. The price is what the market pays today ($3.89); the fair value is what the company's own numbers justify ($8.00). For James River Group Holdings Ltd the two are $4.11 per share apart. That gap is exactly why we show both numbers side by side.
How much is James River Group Holdings Ltd worth?
The market values James River Group Holdings Ltd at about $183M (market capitalisation, as of Nov 6, 2026). Per share that is $3.89; our models calculate a fair value of $8.00 per share.
What do the bullish and bearish scenarios say about JRVR?
Our models span a range for James River Group Holdings Ltd: cautious scenario $7.28, base $8.00, optimistic $8.46 per share (as of Nov 6, 2026, price $3.89). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of JRVR?
James River Group Holdings Ltd trades at a price-to-earnings ratio of 10.0 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $8.00 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 4.5 (reported for FY2025: 4.9). Median P/E at fiscal year-end, 8 fiscal years (2016 to 2025), reported earnings, FY2022, FY2023, FY2025 ex one-offs: 19.5. Other multiples: P/B 0.3, P/S 0.3, EV/EBITDA 5.2.
How solid is the balance sheet of James River Group Holdings Ltd (JRVR)?
Balance-sheet figures for James River Group Holdings Ltd (as of Nov 6, 2026): return on equity 4.9%, debt of 0.49 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is JRVR from its 52-week high?
James River Group Holdings Ltd trades at $3.89, about 45% below its 52-week high of $7.08 and 14% above the low of $3.41 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $8.00 is for.
Which stocks are comparable to James River Group Holdings Ltd?
From the same area (Financial Services) we also value Fidelity National Financial, Inc, Medibank Private Limited, AXIS Capital Holdings, First American Financial Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is James River Group Holdings Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price $3.89, calculated fair value $8.00 (+106%), Quality Score 42/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of JRVR calculated?
We run James River Group Holdings Ltd through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $8.00 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. James River Group Holdings Ltd currently trades 51% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of James River Group Holdings Ltd (JRVR)?
The closing price on Nov 6, 2026 was $3.89. Our model-based fair value is $8.00, about +106% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with James River Group Holdings Ltd right now?
The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case ($7.28). The market is more pessimistic than our downside scenario. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of James River Group Holdings Ltd
How large is the market capitalisation of James River Group Holdings Ltd (JRVR)?
The market capitalisation of James River Group Holdings Ltd is $183M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of James River Group Holdings Ltd (JRVR)?
The price-to-sales ratio of James River Group Holdings Ltd is 0.28 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of James River Group Holdings Ltd (JRVR)?
Earnings per share at James River Group Holdings Ltd are $0.3900 (price ÷ EPS = P/E 10.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of James River Group Holdings Ltd (JRVR)?
The dividend yield of James River Group Holdings Ltd is 1.0% (payout 9.4%, on adjusted earnings, reported 10.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of James River Group Holdings Ltd (JRVR)?
The net margin of James River Group Holdings Ltd is 4.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of James River Group Holdings Ltd (JRVR)?
The return on equity (ROE) of James River Group Holdings Ltd is 4.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of James River Group Holdings Ltd (JRVR)?
On an EBIT basis the return on assets of James River Group Holdings Ltd is 0.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of James River Group Holdings Ltd (JRVR)?
The operating margin of James River Group Holdings Ltd is 8.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at James River Group Holdings Ltd (JRVR)?
Revenue at James River Group Holdings Ltd is growing −7.7% versus a year earlier (3y avg +1.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at James River Group Holdings Ltd (JRVR)?
Earnings per share at James River Group Holdings Ltd are growing +57.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does James River Group Holdings Ltd (JRVR) generate?
The free cash flow of James River Group Holdings Ltd is −$23.6M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does James River Group Holdings Ltd (JRVR) carry?
The net debt of James River Group Holdings Ltd is $68.9M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 6, 2026