AlphaMadera's AlphaVal page classifies James River Group Holdings, Ltd. as a Banks, Insurers & Asset Managers business and values it using P/Tangible Book × ROE Quality, then compares the result to the current market price to flag JRVR as undervalued, fairly valued, or overvalued.

What is James River Group Holdings, Ltd.'s fair value?

Fair value for JRVR comes from a P/Tangible Book × ROE Quality model -- the approach AlphaVal selected for this company's Banks, Insurers & Asset Managers classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value JRVR?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. JRVR was classified as Banks, Insurers & Asset Managers and is valued using P/Tangible Book × ROE Quality, built from JRVR's most recent reported fundamentals.

JRVR - James River Group Holdings, Ltd.

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $4.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Undervalued Strong

Trading 87.7% below fair value

Current Price $4.03

Bear Case $20.04 397.2% upside ($20.04 - $4.03) / $4.03 = 397.2% ROTCE 8.3% → 2.17x TBV

Fair Value $32.86 715.3% upside ($32.86 - $4.03) / $4.03 = 715.3% ROTCE 11.1% → 3.57x TBV

Bull Case $36.86 814.6% upside ($36.86 - $4.03) / $4.03 = 814.6% ROTCE 12.8% → 4.00x TBV

Adjust Assumptions

Return on Tangible Equity

11.1%

Cost of Equity

6.0%

Key Value Driver

ROTCE (11.1%) vs. cost of equity (6.0%)

Terminal Value % of EV

Implied Market Multiple 0.44x

Market is pricing in (growth)

Plain-Language Summary

With ROTCE of 11.1% vs. 6.0% cost of equity, fair P/TBV is 3.57x on $9.21 tangible book, implying $32.86 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (14 analysts) $4.00

Analyst Range $4.00 – $4.00

Divergence from AlphaVal 722%

Warnings

⚠ Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.

⚠ Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.

ℹ Wall Street's average price target is $4.00 (from 14 analysts). Our estimate is 722% above the consensus -- consider that gap carefully.

Key Risks

Book value quality matters as much as level — check loan loss reserves
Interest rate sensitivity creates non-linear earnings surprises
Insurance reserving is actuarial, not financial — errors emerge slowly