Woodbridge Antiques has dated this piece to the 1940s.
It is a pretty design, very much of the period.

Ring size K A lovely ring for lovers of vintage style.
The ring is marked inside PALL for palladium, and also PPld for the makers Payton, Pepper and Sons Ltd of Birmingham.
Weight 1.81 grams Width of band: 1.3mm Weights and measurements are approximate.
Woodbridge Antiques has dated this piece to the 1940s.
Specialists in quality antique silver, fine jewellery & accessories
You can view the stock and full dealer information on the Woodbridge Antiques Profile Page