MCY Mercury General PE ratio, current and historical analysis
The current P/E ratio for Mercury General stock as of Feb 21, 2025 is 6.18. This is calculated based on the TTM EPS of $8.45 and the stock price of $52.23 per share. The PE ratio has decreased by 32% from its last 4 quarters average of 9.1.
MCY PE ratio history
The average historical PE ratio of Mercury General for the last ten years is 25.47. The current price-to-earnings ratio of 6.18 is 76% less than the historical average. Analyzing the last ten years, MCY's PE ratio reached its highest point in the Sep 2015 quarter at 95.3, when the price was $50.51 and the EPS was $0.53. The lowest point was recorded in the Mar 2021 quarter, when it reached 5.42 with a price of $60.81 and an EPS of $11.22.
Mercury General PE ratio by year
Maximum annual increase: 190.24% in 2010
Maximum annual decrease: -63.29% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 7.87 | -63.29% | $66.48 | $8.45 |
| 2023 | 21.44 | N/A | $37.31 | $1.74 |
| 2022 | N/A | N/A | $34.2 | -$9.26 |
| 2021 | 11.84 | 53.57% | $53.06 | $4.48 |
| 2020 | 7.71 | -8.54% | $52.21 | $6.77 |
| 2019 | 8.43 | N/A | $48.73 | $5.78 |
| 2018 | N/A | N/A | $51.71 | -$0.1 |
| 2017 | 20.4 | -55.27% | $53.44 | $2.62 |
| 2016 | 45.61 | 32.2% | $60.21 | $1.32 |
| 2015 | 34.5 | 96.69% | $46.57 | $1.35 |
| 2014 | 17.54 | -28.03% | $56.67 | $3.23 |
| 2013 | 24.37 | 30.81% | $49.71 | $2.04 |
| 2012 | 18.63 | 42.54% | $39.69 | $2.13 |
| 2011 | 13.07 | -15.51% | $45.62 | $3.49 |
| 2010 | 15.47 | 190.24% | $43.01 | $2.78 |
Mercury General PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 7.87 | 26.12% | $66.48 | $8.45 |
| Sep 2024 | 6.24 | -32.25% | $62.98 | $10.09 |
| Jun 2024 | 9.21 | -30.54% | $53.14 | $5.77 |
| Mar 2024 | 13.26 | -38.15% | $51.6 | $3.89 |
| Dec 2023 | 21.44 | N/A | $37.31 | $1.74 |
| Sep 2023 | N/A | N/A | $28.03 | -$1.84 |
| Jun 2023 | N/A | N/A | $30.27 | -$3.47 |
| Mar 2023 | N/A | N/A | $31.74 | -$6.52 |
| Dec 2022 | N/A | N/A | $34.2 | -$9.26 |
| Sep 2022 | N/A | N/A | $28.42 | -$8.59 |
| Jun 2022 | N/A | N/A | $44.3 | -$6.79 |
| Mar 2022 | N/A | N/A | $55 | -$1.02 |
| Dec 2021 | 11.84 | 47.63% | $53.06 | $4.48 |
| Sep 2021 | 8.02 | 12.01% | $55.67 | $6.94 |
| Jun 2021 | 7.16 | 32.1% | $64.95 | $9.07 |
MCY average PE ratio chart
MCY's current PE ratio is under its 3, 5 and 10-year averages.
MCY PE vs peers
When compared to its peer stocks PGR and ALL, MCY's PE ratio is lower. Mercury General is currently trading at a lower PE ratio (6.18) than its peers average of 19.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MCY Mercury General Corp | 6.18 | $2.89B |
| ALL Allstate Corp | 11.9 | $49.16B |
| SAFT Safety Insurance Group Inc | 15.37 | $1.15B |
| PGR Progressive Corp | 19.29 | $155.94B |
| ERIE Erie Indemnity Co | 31.96 | $17.71B |
Frequently asked questions
What is Mercury General's PE ratio?
MCY's price to earnings ratio is 6.18 as of Feb 21, 2025.
What is the 3-year average PE ratio for Mercury General (MCY)?
Over the last 3 years, the average PE ratio for MCY stock is 11.6.
What is the 5-year average PE ratio for Mercury General (MCY)?
Over the last 5 years, the average PE ratio for MCY stock is 13.07.
What is the highest PE ratio for MCY?
Over the last ten years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 95.3.
How does the current PE ratio for MCY compare to its historical average?
The current PE ratio of MCY is 76% lower than the 10-year historical average.
Why is Mercury General's PE ratio so low?
MCY's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is MCY's PE ratio calculated (Mercury General PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Mercury General's share price is $52.23. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $8.45. Therefore, Mercury General's price to earnings ratio for today is 6.18. PE RATIO(6.18) = STOCK PRICE($52.23) / TTM EPS($8.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.