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MCY Mercury General PE ratio, current and historical analysis

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.

MCY PE ratio history

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

Mercury General PE ratio by year

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%

MCY average PE ratio chart

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

MCY PE vs peers

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

Frequently asked questions

What is Mercury General's PE ratio?

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

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 12.34.

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 14.43.

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 50% lower than the 10-year historical average.

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 (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.