Lemonade’s AI platform reduced LAE to 7% versus roughly 9% at large insurers, with potential for further halving. Gross profit rose over 260% in two years while operating expenses grew single digits ...
Price to earnings (P/E) and price to sales (P/S) are the first ratios that come to an investor’s mind while narrowing down a list of undervalued stocks. However, the price-to-book ratio (P/B ratio), ...
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