Back to MCY overview
#
MCY Mercury General
PE ratio, current and historical analysis

## MCY PE ratio history

### Mercury General PE ratio by year

## MCY average PE ratio chart

## MCY PE vs peers

## Frequently asked questions

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What is Mercury General's PE ratio?

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What is the 3-year average PE ratio for Mercury General (MCY)?

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What is the 5-year average PE ratio for Mercury General (MCY)?

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What is the highest PE ratio for MCY?

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How does the current PE ratio for MCY compare to its historical average?

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How is MCY's PE ratio calculated (Mercury General PE ratio formula)?

The current P/E ratio for Mercury General stock as of Jun 18, 2024 is 13.15. This is calculated based on the TTM EPS of $3.89 and the stock price of $51.17 per share.

How has MCY's PE ratio performed in the past

The average historical PE ratio of Mercury General for the last ten years is 26.04. The current price-to-earnings ratio of 13.15 is 50% 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.

Average

26.04

Median

20.92

Minimum

5.42

Maximum

95.3

Maximum annual increase: 96.69% in 2015

Maximum annual decrease: -55.27% in 2017

Year | PE ratio | Change |
---|---|---|

2023 | 21.44 | N/A |

2022 | N/A | N/A |

2021 | 11.84 | 53.57% |

2020 | 7.71 | -8.54% |

2019 | 8.43 | N/A |

2018 | N/A | N/A |

2017 | 20.4 | -55.27% |

2016 | 45.61 | 32.2% |

2015 | 34.5 | 96.69% |

2014 | 17.54 | -28.03% |

What is the average PE ratio of MCY for the past years

MCY's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.

3-year avg

12.34

5-year avg

14.43

10-year avg

26.04

15-year avg

22.14

What is MCY's PE ratio compared to its peers

When compared to its peer stocks PGR and ALL, MCY's PE ratio is lower.

Stock name | PE ratio | Market cap |
---|---|---|

MCY Mercury General Corp | 13.15 | $2.83B |

PGR Progressive Corp | 21.51 | $123.44B |

SAFT Safety Insurance Group Inc | 21.79 | $1.12B |

ERIE Erie Indemnity Co | 34.35 | $16.49B |

ALL Allstate Corp | 34.65 | $42.24B |

MCY's price to earnings ratio is 13.15 as of Jun 18, 2024.

Over the last 3 years, the average PE ratio for MCY stock is 12.34.

Over the last 5 years, the average PE ratio for MCY stock is 14.43.

Over the last ten years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 95.3.

The current PE ratio of MCY is 50% lower than the 10-year historical average.

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 18, 2024), Mercury General's share price is $51.17. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.89. Therefore, Mercury General's price to earnings ratio for today is 13.15. `PE RATIO(13.15) = STOCK PRICE($51.17) / TTM EPS($3.89)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.