JRVR Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	167.88M EUR	203.45M EUR	291.29M EUR	292.36M EUR
Enterprise Value	430.74M EUR	337.73M EUR	393.54M EUR	361.27M EUR
Valuation Multiples
Trailing P/E	9.31x	6.66x	10.07x	7.72x
Forward P/E	3.98x	--	--	--
Price to Sales	0.26x	0.31x	0.44x	0.57x
Price to Book	0.32x	0.31x	0.45x	0.44x
EV/Revenue	0.66x	0.52x	0.59x	0.7x
EV/EBITDA	8.83x	--	--	--
Price to FCF (P/FCF)	0.88x	--	10.28x	10.05x
EV/FCF	2.25x	--	13.89x	12.42x
FCF Yield	113.93%	-1.14%	9.73%	9.95%